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Venture Capital News: Collaborative Robotics Closes $100M in Series B Funding

2024-04-10
SANTA CLARA, CA, Collaborative Robotics, (or Cobot), a leader in the development of practical collaborative robots (cobots), announced it has raised $100 million in Series B funding.
Collaborative Robotics, (or Cobot), a leader in the development of practical collaborative robots (cobots), announced it has raised $100 million in Series B funding led by General Catalyst and joined by Bison Ventures, Industry Ventures and Lux Capital. Existing investors Sequoia Capital, Khosla Ventures, Mayo Clinic, Neo, 1984 Ventures, MVP Ventures and Calibrate Ventures participated as well, bringing the total funding raised to over $140 million in less than two years. Cobot also announced that industry leader Teresa Carlson has joined the company as an Advisor.
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