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Monday, January 12, 2015
Rethink Robotics Announces $26.6 Million Series D Round of Financing
Credit: Rethink Robotics
Rethink Robotics today announced $26.6 million in Series D financing, led by GE Ventures, with additional participation from Goldman Sachs, both new investors. All of Rethink Robotics’ earlier investors are also participating in the round, including Bezos Expeditions, CRV, Highland Capital Partners, Sigma Partners, Draper Fisher Jurvetson, and Two Sigma Ventures. The funding will be used to support the company’s continued innovation, growth, and international expansion, and reflects Rethink Robotics’ position as a leader in the emerging market of collaborative robotics. This new investment brings the company’s total funding to more than $100 million since its founding in 2008.