Dexterity exits stealth with $56.2M raised for its collaborative warehouse robots

Dexterity emerged from stealth this week to announced its full-stack solution aimed at creating collaborative robotics systems. The hardware-software system is designed for a variety of different tasks, including bin picking and box packing, targeted at warehouse fulfillment and logistics needs.

Image Credits: Dexterity

The Bay Area-based startup has already built up significant support from the investment world, with $56.2 million raised to date, from a long list of backers, including Kleiner Perkins, Lightspeed Venture Partners, Obvious Ventures, Pacific West Bank, B37 Ventures, Presidio (Sumitomo) Ventures, Blackhorn Ventures, Liquid 2 Ventures and Stanford StartX.

Image Credits: Dexterity

The company was founded back in 2017 as an extension of CEO Samir Menon’s Stanford thesis, described by Dexterity thusly, “Menon worked on a control theory framework to describe how the human brain controls and coordinates the body, which serves as a model to distill human skill into mathematical programs that control robots in a graceful human-like manner.”

Part of the company’s appeal appear to be the versatility of the robotics, which are designed to work alongside their human counterparts and operate collaboratively. Among the early adopters for the system are unnamed an unnamed “global food manufacturer,” “ a worldwide package delivery provider” and Japan’s Kawasaki Heavy Industries.

Dexterity says it’s also seen a boost from the push for essential services during the COVID-19 pandemic, like so many others in the robotics and automation fields, stating that its systems have been involved with the shipping of “half a million units of packaged food.”

https://ift.tt/3fUvlzO Dexterity exits stealth with $56.2M raised for its collaborative warehouse robots https://ift.tt/3jtZYOT