Soft Robotics raises Series B funding with participation from FANUC – HYPEREDGE EMBED

Soft Robotics Inc., a pioneer in robotic grasping, announced today that it has raised $23 million in an oversubscribed Series B funding round. The round was co-led by Calibrate Ventures and Material Impact and included existing investors Honeywell, Hyperplane, Scale, Tekfen Ventures, and Yamaha. FANUC Corp., the world's largest industrial robot manufacturer, joined this round as a new investor in Soft Robotics. Soft Robotics previously announced a strategic partnership with FANUC to integrate Soft Robotics' mGrip adaptable gripper system with any FANUC robot through the deployment of a new controller. The combined product was introduced at IREX in Tokyo in December 2019.