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Universal Robots - About the company

Universal Robots is an acquired company based in Odense (Denmark), founded in 2005 by Esben Ostergaard and Kristian Kassow. It operates as a Manufacturer of collaborative robots for industrial automation tasks. Universal Robots has raised $5.31M in funding from Vaekstfonden and Syddansk Innovation, with last known valuation of $*****. The company has 826 active competitors, including 141 funded and 101 that have exited. Its top competitors include companies like Kindred, Agile Robots and Pickle Robot.

Company Details

Manufacturer of collaborative robots for industrial automation tasks. The company produces lightweight robotic arms designed to work alongside human operators in production environments. Cobots handle repetitive, precise, and ergonomically challenging applications such as material handling, quality inspection, machine tending, and assembly. Arms feature high repeatability and integrate with end-effectors, software, and accessories via the UR ecosystem. Programs transfer easily for flexible deployment across varied processes.
Social
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Email ID
*****@universal-robots.com
Phone Number
+45 **********
Registered Address
Šluknovská 318 19000 Praha
Key Metrics
Founded Year
2005
Location
Odense, Denmark
Stage
Acquired
Total Funding
$5.31M in 7 rounds
Latest Funding Round
Last Known Valuation
$***** as on May 13, 2015
Investors
Ranked
Annual Revenue
$100M - $500M as on Dec 31, 2024
Employee Count
756 as on Mar 31, 2026
Similar Companies
Exit Details
Acquired by Teradyne (May 13, 2015)

Universal Robots's acquisition details

Universal Robots got acquired by Teradyne on May 13, 2015 at an acquisition amount of $*****.
Click here to take a look at Universal Robots's acquisition in detail
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Universal Robots's funding and investors

Universal Robots has raised a total funding of $5.31M over 7 rounds. Its first funding round was on Oct 05, 2005. Universal Robots has 5 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Universal Robots:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 14, 2015
4738703
Seed
8309130
6240067
5819275
3358213
Feb 12, 2014
5135928
Seed
1167911
3153109
3846452
3752214
Feb 18, 2011
6236940
Seed
2390205
1861333
1788036
8595380
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Universal Robots' founders and board of directors

Founder? Claim Profile
The founders of Universal Robots are Esben Ostergaard and Kristian Kassow.
Here are the details of Universal Robots' key team members:

Universal Robots' Board of Directors

Universal Robots's board has 5 active members. Ole Nørgaard and Kim Nørgaard Andreasen are part of team and Michael Callahan, Amy Rose McAndrews and Charles Jeffrey Gray are independent board members.
Here is the list of Universal Robots' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
4y 9m
usgm{ce
Team
-
Past
6y 7m
fjkyvzu
Team
-
Past
7y 6m
huie{bw
Team
-
Current
9y 2m
Independent board member
-
Current
10y 11m
glopfyr
Independent board member
-
Current
9y 2m
cfpghce
Independent board member
-
Past
1y 3m
zyouwby
Independent board member
-
Past
1y 3m
shuhihh
Independent board member
-
Past
8y 9m
gacezss
Independent board member
-
Past
6y 7m

Universal Robots' employee count trend

Universal Robots has 756 employees as of Mar 26. Here is Universal Robots's employee count trend over the years:
Employee count trend for Universal Robots
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Universal Robots's Competitors and alternates

Top competitors of Universal Robots include Kindred, Agile Robots and Pickle Robot. Here is the list of Top 10 competitors of Universal Robots, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Kindred
Kindred
2014, San Francisco (United States), Acquired
Developer of AI-powered robotics for picking placing sorting automation
$28M
71/100
2nd
Logo for Agile Robots
Agile Robots
2018, Munich (Germany), Series C
Manufacturer of intelligent robotic systems and automated industrial hardware components
$250M
70/100
3rd
Logo for Pickle Robot
Pickle Robot
2018, Cambridge (United States), Series B
Developer of AI-powered robotic systems for warehouse and supply chain automation
$87M
68/100
4th
Logo for Botsync
Botsync
2017, Singapore, Series A
Online platform providing robotic system integration solutions for various manufacturers
$5.2M
66/100
5th
Logo for Standard Bots
Standard Bots
2011, New York City (United States), Series C
AI-powered robotics company automating real-world applications with advanced hardware and software
$263M
64/100
6th
Logo for Mujin
Mujin
2011, Koto (Japan), Series D
Provider of intelligent automation solutions for industrial robots
$243M
64/100
7th
Logo for Robust
Robust
2019, San Carlos (United States), Series A
Developer of autonomous mobile robots and AI-powered workflow automation
$42.5M
63/100
8th
Logo for Orangewood Labs
Orangewood Labs
2016, San Francisco (United States), Series A
Manufacturer of AI-powered robotic arms for industrial automation
$4.65M
63/100
9th
Logo for Seegrid
Seegrid
2003, Pittsburgh (United States), Series D
Provider of vision-guided vehicles with auto-navigation features
$265M
63/100
10th
Logo for Vecna Robotics
Vecna Robotics
1998, Waltham (United States), Series C
Provider of autonomous mobile robots and orchestration software for material handling
$193M
63/100
25th
Logo for Universal Robots
Universal Robots
2005, Odense (Denmark), Acquired
Manufacturer of collaborative robots for industrial automation tasks
$5.31M
60/100
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Universal Robots's Investments and acquisitions

Universal Robots has made no investments or acquisitions yet.

Reports related to Universal Robots

Here is the latest report on Universal Robots's sector:

News related to Universal Robots

lockFilter this list
Media has covered Universal Robots for a total of 17 events in the last 1 year, 9 of them have been about company updates and 7 about partnerships.
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