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Venture Capital News: RIOS Raises $13M Series B Funding

2024-03-05
MENLO PARK, CA, RIOS Intelligent Machines is excited to announce the successful completion of a $13 million Series B funding round.
RIOS Intelligent Machines, a leader in AI-powered robotics for the manufacturing industry, is excited to announce the successful completion of a $13 million Series B funding round. This significant milestone was co-led by Yamaha Motor Corporation and IAG Capital Partners, marking a continued and strengthened partnership in advancing manufacturing and automation technologies.

RIOS is also proud to announce nearly full participation from existing investors, including RIOS's Series A Lead Investor, Main Sequence, which doubled its pro-rata investment.

RIOS is a pioneering firm in AI-powered robotics and AI-powered vision, focusing on revolutionizing manufacturing and automation processes. With a commitment to innovation and customer partnership, RIOS is at the forefront of delivering automation solutions that enhance production efficiency and control.
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