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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, Kristian Kassow and Kasper Stoy. 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 736 active competitors, including 137 funded and 89 that have exited. Its top competitors include companies like Agile Robots, Ati Motors and RightHand Robotics.

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
Employee Count
501 - 1,000 as on Jul 01, 2024
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 $285M. It was facilitated by Stifel.
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
4750425
Seed
9518362
8718995
3654735
6412225
Feb 12, 2014
6273745
Seed
6647683
3232926
3795527
6727288
Feb 18, 2011
1530122
Seed
4578598
5440655
3492743
8768332
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Universal Robots' founders and board of directors

Founder? Claim Profile
The founders of Universal Robots are Esben Ostergaard, Kristian Kassow and Kasper Stoy.
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 5m
nlsjxni
Team
-
Past
1y 7m
luibxjy
Team
-
Past
6y 2m
y{jmxic
Team
-
Current
5y 8m
Independent board member
-
Current
10y 8m
t{eanmz
Independent board member
-
Current
2y 1m
segfdqm
Independent board member
-
Past
8y 4m
lkczahy
Independent board member
-
Past
5y 8m
geuvqot
Independent board member
-
Past
7y 6m
tegdern
Independent board member
-
Past
1y 7m

Universal Robots' employee count trend

Universal Robots has 501 - 1,000 employees as of Jul 24. 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 Agile Robots, Ati Motors and RightHand Robotics. 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 Agile Robots
Agile Robots
2018, Munich (Germany), Series C
Provider of AI-powered robotic automation solutions for multiple industry applications
$250M
69/100
2nd
Logo for Ati Motors
Ati Motors
2017, Bengaluru (India), Series B
Manufacturer of autonomous mobile robots for material movement and productivity
$35.5M
68/100
3rd
Logo for RightHand Robotics
RightHand Robotics
2014, Cambridge (United States), Series C
Developer of robotic piece-picking solutions for order fulfillment and warehouse automation
$125M
67/100
4th
Logo for Robust
Robust
2019, San Carlos (United States), Series A
Developer of autonomous mobile robots and AI-powered workflow automation
$42.5M
66/100
5th
Logo for Dexory
Dexory
2015, Wallingford (United Kingdom), Series C
Provider of warehouse automation using autonomous robots and AI-driven data
$194M
66/100
6th
Logo for Botsync
Botsync
2017, Singapore, Series A
Online platform providing robotic system integration solutions for various manufacturers
$5.2M
64/100
7th
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
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 Vecna Robotics
Vecna Robotics
1998, Waltham (United States), Series C
Provider of autonomous mobile robots and orchestration software for material handling
$193M
62/100
10th
Logo for Seegrid
Seegrid
2003, Pittsburgh (United States), Series D
Provider of vision-guided vehicles with auto-navigation features
$265M
62/100
30th
Logo for Universal Robots
Universal Robots
2005, Odense (Denmark), Acquired
Manufacturer of collaborative robots for industrial automation tasks
$5.31M
58/100
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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 20 events in the last 1 year, 13 of them have been about company updates and 5 about partnerships.
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FAQs about Universal Robots

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