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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.
Social
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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
Ranked
Employee Count
64 as on Dec 31, 2020
Similar Companies
Exit Details
Acquired by Sarcos (Mar 28, 2022)

RE2 Robotics's acquisition details

RE2 Robotics got acquired by Sarcos on Mar 28, 2022 at an acquisition amount of $*****.
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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:lockFilter this list
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
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RE2 Robotics' founders and board of directors

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RE2 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:
Employee count trend for RE2 Robotics
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for UBTECH
UBTECH
2012, Shenzhen (China), Public
Provider of service robots for diversified applications
$1.34B
70/100
2nd
Logo for Agility Robotics
Agility Robotics
2015, Salem (United States), Series C
Developer of robots and a cloud-based automation platform for logistics operations
$180M
69/100
3rd
Logo for Blue Ocean Robotics
Blue Ocean Robotics
2013, Odense (Denmark), Acquired
Manufacturer of professional service robots
$81.4M
66/100
4th
Logo for Wandercraft
Wandercraft
2012, Paris (France), Series D
Provider of AI-powered exoskeleton solutions
$142M
65/100
5th
Logo for Apptronik
Apptronik
2016, Austin (United States), Series A
Developer of general-purpose humanoid robots for various applications and industries
$956M
64/100
6th
Logo for Unitree
Unitree
2016, Hangzhou (China), Series C
Developer of quadruped robots, humanoid robots, robotic arms, and related components
$155M
64/100
7th
Logo for Limx Dynamics
Limx Dynamics
2005, Shenzhen (China), Series B
Developer of embodied intelligent robotics and agentic operating system
$296M
62/100
8th
Logo for AgiBot
AgiBot
2023, Shanghai (China), Series B
Developer of embodied artificial intelligence robots for various applications
$83.8M
-
61/100
9th
Logo for Mentee Robotics
Mentee Robotics
2021, Herzliya (Israel), Acquired
Developer of humanoid robots
$17M
60/100
10th
Logo for 1X
1X
2014, Palo Alto (United States), Series B
Provider of humanoid robots for personalized assistance
$126M
60/100
30th
Logo for RE2 Robotics
RE2 Robotics
2001, Pittsburgh (United States), Acquired
Provider of robotic manipulation systems
$4.75M
52/100
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RE2 Robotics's Investments and acquisitions

RE2 Robotics has made no investments or acquisitions yet.

News related to RE2 Robotics

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