Kimberley Losey
CEO
Rapid Robotics
10/10Traction
Rapid Robotics offers robotic palletizing solutions that utilize generative AI and 3D vision to adaptively learn and execute pick-and-place tasks in under two minutes. Their technology addresses the challenges of high-mix operations in manufacturing and logistics by providing compact, reliable systems that significantly reduce machine footprint while ensuring consistent performance.
- Artificial Intelligence
- Hardware
- Industrial Automation
- Manufacturing / Industry 4.0
- Robotics
Updated 22 months ago
Funding
Raised to date
$54.2MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Bee PartnersNo round attributed
- beepartners.vc (opens in a new tab)investor website
Kleiner PerkinsNo round attributed
- Source unavailable
MnhNo round attributed
- mnh.vc (opens in a new tab)investor website
Rackhouse Venture CapitalNo round attributed
- rackhouse.vc (opens in a new tab)investor website
Tiger GlobalNo round attributed
- Source unavailable
Funding rounds are not available yet.
Founders
Tom Hummel
CTO
Product
Problem
Many manufacturing and logistics operations, especially those dealing with high-mix environments, struggle with the inflexibility and large footprint of traditional robotic palletizing and pick-and-place systems. Quickly adapting to new SKUs and maintaining consistent performance across diverse tasks remains a challenge.
Solution
Rapid Robotics offers robotic solutions powered by generative AI and 3D vision to automate object handling in manufacturing and the supply chain. Their Rapid iD software learns new SKUs in minutes, enabling automation of high-mix operations. The company's solutions are designed to be compact and reliable, reducing machine footprint while ensuring consistent performance.
Target Audience
The primary target audience includes manufacturers and logistics providers seeking robotic solutions to handle high throughput or operational complexity.
Features
- Rapid iD intelligent software adapts to specific needs using generative AI and 3D vision.
- Rapid iD instantly identifies new objects and learns to execute pick-and-place tasks in under two minutes.
- Compact and robust hardware design reduces machine footprint by up to 80%.
- Rapid iD Pack for box and tote packing with instant SKU adaptability.
- Rapid iD Stack for palletizing and depalletizing enhanced with vision for flexibility and performance.
- Rapid iD Kit for scalable, adaptable, and ROI-positive kitting.
- 24/7 service and support.