RE2 Robotics - About the company
RE2 Robotics is an acquired company based in Pittsburgh (United States), founded in 2001. It operates as a Provider of robotic manipulation systems. RE2 Robotics has raised $4.75M in funding from investors like Innovation Works, Draper Triangle and Startbot. The company has 575 active competitors, including 136 funded and 40 that have exited. Its top competitors include companies like UBTECH, Agility Robotics and Blue Ocean Robotics.
Company Details
RE2 provides robotic manipulation systems. It specializes in developing manipulators, end-effectors, and manipulation control systems. Manipulator's arms are currently being used on Explosive Ordnance Disposal (EOD) robots in Afghanistan. It has contracts with various branches of US DOD (Navy, Army, Air Force DARPA) to develop manipulation systems. It has secured a grant from the US Army to develop robotic technologies to assist combat medics.
- Website
- resquared.com
- Registered Address
- 4925 Harrison Street Pittsburgh, PA 15201
Key Metrics
Founded Year
2001
Location
Pittsburgh, United States
Stage
Acquired
Total Funding
$4.75M in 14 rounds
Latest Funding Round
Investors
Ranked
30th among 575 active competitors
Employee Count
64 as on Dec 31, 2020
Exit Details
Acquired by Sarcos (Mar 28, 2022)
Legal entities associated with RE2 Robotics
RE2 Robotics is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Re2, Inc. CIN: 25-1897581 , United States, Active | Jul 19, 2001 | - | 64 (As on Dec 31, 2020) | - |
RE2 Robotics's acquisition details
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RE2 Robotics's funding and investors
RE2 Robotics has raised a total funding of $4.75M over 14 rounds. Its first funding round was on Aug 18, 2014. Its latest funding round was a Grant (prize money) round on Nov 16, 2021 for $*****. 1 investor participated in its latest round. RE2 Robotics has 13 institutional investors.
Here is the list of recent funding rounds of RE2 Robotics:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 16, 2021 | 5477514 | Grant (prize money) | 2164610 | 7932787 | 3934483 | 4035937 |
Sep 28, 2021 | 6886052 | Grant (prize money) | 1288761 | 4210078 | 1303426 | |
Sep 14, 2021 | 4546376 | Grant (prize money) | 8948947 | 5794555 | 9466507 |
View details of RE2 Robotics's funding rounds and investors
RE2 Robotics' founders and board of directors
Founder? Claim ProfileRE2 Robotics' employee count trend
RE2 Robotics has 64 employees as of Dec 20. The total employee count is 60.0% more than what it was in Dec 19. Here is RE2 Robotics's employee count trend over the years:
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RE2 Robotics's Competitors and alternates
Top competitors of RE2 Robotics include UBTECH, Agility Robotics and Blue Ocean Robotics. Here is the list of Top 10 competitors of RE2 Robotics, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of service robots for diversified applications | $1.34B | 70/100 | ||
2nd | Agility Robotics 2015, Salem (United States), Series C | Developer of robots and a cloud-based automation platform for logistics operations | $180M | 69/100 | |
3rd | Blue Ocean Robotics 2013, Odense (Denmark), Acquired | Manufacturer of professional service robots | $81.4M | 66/100 | |
4th | Wandercraft 2012, Paris (France), Series D | Provider of AI-powered exoskeleton solutions | $142M | 65/100 | |
5th | Apptronik 2016, Austin (United States), Series A | Developer of general-purpose humanoid robots for various applications and industries | $956M | 64/100 | |
6th | Developer of quadruped robots, humanoid robots, robotic arms, and related components | $155M | 64/100 | ||
7th | Limx Dynamics 2005, Shenzhen (China), Series B | Developer of embodied intelligent robotics and agentic operating system | $296M | 62/100 | |
8th | Developer of embodied artificial intelligence robots for various applications | $83.8M | - | 61/100 | |
9th | Mentee Robotics 2021, Herzliya (Israel), Acquired | Developer of humanoid robots | $17M | 60/100 | |
10th | 1X 2014, Palo Alto (United States), Series B | Provider of humanoid robots for personalized assistance | $126M | 60/100 | |
30th | RE2 Robotics 2001, Pittsburgh (United States), Acquired | Provider of robotic manipulation systems | $4.75M | 52/100 |
Looking for more details on RE2 Robotics's competitors? Click here to see the top ones
RE2 Robotics's Investments and acquisitions
RE2 Robotics has made no investments or acquisitions yet.
News related to RE2 Robotics
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RE2 Robotics and VideoRay Achieve New Depth Milestone with Underwater Autonomous Robotic SystemRoboticsTomorrow•Mar 22, 2022•RE2 Robotics, VideoRay
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RE2 and PickNik announce strategic partnershipThe Robot Report•Feb 22, 2022•RE2 Robotics, Picknik Ai
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JLG Collaborating with RE2 Robotics on Robotic Solutions for Access EquipmentOEM Off-Highway•Feb 03, 2022•JLG Industries, RE2 Robotics
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RE2 Robotics to Develop Control System to Improve ROV Manipulation Capabilities for the U.S. NavyRoboticsTomorrow•Nov 16, 2021•RE2 Robotics
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RE2 Robotics receives funding for development of autonomous refueling systemVerticalmag•Aug 10, 2021•RE2 Robotics, U.S Army
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