Soft Robotics - About the company
Soft Robotics is a series C company based in Cambridge (United States), founded in 2013. It operates as a Provider of soft robotic grippers and control systems. Soft Robotics has raised $84M in funding from investors like Material Impact, Calibrate Ventures and Scale Venture Partners, with a current valuation of $*****. The company has 12 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like Nexera, Solaris and Embodied AI.
Company Details
Provider of soft robotic grippers and control systems. It provides warehouse logistics automation solutions. The grippers developed have food-safe air-actuated elastomeric ends and can handle objects of different sizes, shapes, and weights. It also provides a software solution that allows users to control the gripper parameters such as force, actuator spacing, and opening width.
- Website
- softroboticsinc.com
- Registered Address
- 32 Crosby Drive, Suite 101 Bedford, MA 01730
Key Metrics
Founded Year
2013
Location
Cambridge, United States
Stage
Series C
Total Funding
$84M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 24, 2020
Investors
Ranked
3rd among 12 active competitors
Employee Count
103 as on Apr 30, 2026
Legal entities associated with Soft Robotics
Soft Robotics is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Soft Robotics, Inc. CIN: 455011158 , United States, Active | Mar 20, 2012 | - | 32 (As on Dec 31, 2024) | - |
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Soft Robotics's funding and investors
Soft Robotics has raised a total funding of $84M over 5 rounds. Its first funding round was on Dec 16, 2015. Its latest funding round was a Series C round on Nov 17, 2022 for $*****. 3 investors participated in its latest round. Soft Robotics has 21 institutional investors.
Here is the list of recent funding rounds of Soft Robotics:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 17, 2022 | 3064458 | Series C | 4404937 | 5083534 | 5349089 | 2525844 |
Jun 29, 2021 | 2943193 | Series B | 9998456 | 1413805 | 7376497 | |
Jan 20, 2020 | 1161294 | Series B | 5271803 | 6859189 |
View details of Soft Robotics's funding rounds and investors
Soft Robotics' founders and board of directors
Founder? Claim ProfileSoft Robotics' employee count trend
Soft Robotics has 103 employees as of Apr 26. Here is Soft Robotics's employee count trend over the years:
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Soft Robotics's Competitors and alternates
Top competitors of Soft Robotics include Nexera, Solaris and Embodied AI. Here is the list of Top 10 competitors of Soft Robotics, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of robotic grippers | $3.14M | 51/100 | ||
2nd | Developer of actuator technology for consumer and industrial robots | $6.83M | 51/100 | ||
3rd | Soft Robotics 2013, Cambridge (United States), Series C | Provider of soft robotic grippers and control systems | $84M | 46/100 | |
4th | Embodied AI 2025, Lausanne (Switzerland), Unfunded | Developer of robotic systems integrating soft manipulation and AI-driven language processing | - | - | 35/100 |
5th | Soft Robot Gripper 2016, Beijing (China), Unfunded | Provider of soft grippers for industrial robots | - | - | 29/100 |
6th | SoftGripping 2015, Hamburg (Germany), Unfunded | Manufacturer of modular, pneumatically powered soft grippers and actuator components | - | - | 27/100 |
7th | Snap Robotics 2021, Singapore (Singapore), Unfunded | Robotics offers soft grippers with patented technology for industrial solutions | - | - | 24/100 |
8th | Manufacturer of electroadhesion-based soft grippers | - | 24/100 | ||
9th | Punyo 2021, Los Altos (United States), Unfunded | Provider of soft robotic grippers | - | - | 23/100 |
10th | ![]() Kyber Labs 2022, Brooklyn (United States), Seed | Developer of robotic manipulation platform designed for AI-based controls | $1.7M | 20/100 |
Looking for more details on Soft Robotics's competitors? Click here to see the top ones
Soft Robotics's Investments and acquisitions
Soft Robotics has made no investments or acquisitions yet.
Reports related to Soft Robotics
Here is the latest report on Soft Robotics's sector:
News related to Soft Robotics
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Schmalz Acquires the Flexible Gripping Product Assets from Soft Robotics Inc.Business Wire•Aug 08, 2024•Soft Robotics, Schmalz, SRI
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Soft Robotics exits gripper business, launches AI-focused companyThe Robot Report•Aug 06, 2024•Soft Robotics
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Soft Robotics mGripAI™ High-Speed Automation Solution Demonstrated at International Processing and Production ExpoRoboticstomorrow•Jan 19, 2023•Soft Robotics
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Soft Robotics Inc. secures $26M in first close of Series C led by Tyson Ventures. Marel and Johnsonville also invest and join Soft Robotics powerful syndicate.Roboticstomorrow•Nov 17, 2022•Soft Robotics, Tyson Foods, Marel, Johnsonville and 2 others
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Soft Robotics Demonstrates mGripAI™ at Pack Expo International 2022PR Newswire•Oct 21, 2022•Soft Robotics
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Soft Robotics Expands 3D Vision, Soft Grasping and Artificial Intelligence Technology to Consumer Goods, E-Commerce, and LogisticsAiThority•May 20, 2022•Soft Robotics
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Soft Robotics Teams with Quest and Ossid to Offer One-of-a-Kind Robotic Solution for Primary Food PackagingPR Newswire•Apr 20, 2022•Soft Robotics, Ossid, Quest
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