{"id":564332,"date":"2022-11-18T12:03:26","date_gmt":"2022-11-18T17:03:26","guid":{"rendered":"https:\/\/www.therobotreport.com\/?p=564332"},"modified":"2022-11-18T12:03:26","modified_gmt":"2022-11-18T17:03:26","slug":"soft-robotics-picks-up-26m","status":"publish","type":"post","link":"https:\/\/www.therobotreport.com\/soft-robotics-picks-up-26m\/","title":{"rendered":"Soft Robotics picks up $26M"},"content":{"rendered":"<div id=\"attachment_564333\" style=\"width: 780px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-564333\" class=\"size-full wp-image-564333\" src=\"https:\/\/www.therobotreport.com\/wp-content\/uploads\/2022\/11\/featured-web-soft-robotics-mgrip.jpg\" alt=\"soft robotics\" width=\"770\" height=\"500\" srcset=\"https:\/\/www.therobotreport.com\/wp-content\/uploads\/2022\/11\/featured-web-soft-robotics-mgrip.jpg 770w, https:\/\/www.therobotreport.com\/wp-content\/uploads\/2022\/11\/featured-web-soft-robotics-mgrip-300x195.jpg 300w, https:\/\/www.therobotreport.com\/wp-content\/uploads\/2022\/11\/featured-web-soft-robotics-mgrip-150x97.jpg 150w, https:\/\/www.therobotreport.com\/wp-content\/uploads\/2022\/11\/featured-web-soft-robotics-mgrip-768x499.jpg 768w, https:\/\/www.therobotreport.com\/wp-content\/uploads\/2022\/11\/featured-web-soft-robotics-mgrip-368x238.jpg 368w\" sizes=\"(max-width: 770px) 100vw, 770px\" \/><p id=\"caption-attachment-564333\" class=\"wp-caption-text\">Soft Robotics&#8217; <em>m<\/em>Grip soft gripper can handle even delicate foods, like cupcakes, without smashing them. | Source: Soft Robotics<\/p><\/div>\n<p><a href=\"https:\/\/www.softroboticsinc.com\/\" target=\"_blank\" rel=\"noopener\">Soft Robotics<\/a> brought in $26 million in the first closing of its Series C funding round. This brings the robotic picking company&#8217;s total funding to $86 million, according to&nbsp;<a href=\"https:\/\/www.crunchbase.com\/\" target=\"_blank\" rel=\"noopener\"><em>Crunchbase<\/em><\/a>.&nbsp;<\/p>\n<p>Soft Robotics plans to use the latest round of funding to expand commercial deployments of <a href=\"https:\/\/www.softroboticsinc.com\/products\/mgripai\/\" target=\"_blank\" rel=\"noopener\"><em>m<\/em>GripAI<\/a>, its robotic picking product.&nbsp;<em>m<\/em>GripAI is an IP69K-rated automation package that uses 3D vision and artificial intelligence (AI) to allow industrial arms to perform automated bulk picking in food processes.&nbsp;<\/p>\n<p><em>m<\/em>GripAI, originally brought to market in 2021, can perform over 90 picks per minute. The system includes perception modules that capture high-resolution, 3D images. These images are sent to an intelligence module, which translates them into action for the robotic arm and gripper. The&nbsp;<em>m<\/em>Grip soft gripper works in unison with the intelligence module to pick the product.&nbsp;<\/p>\n<p>The&nbsp;<em>m<\/em>GripAI system is able to track objects in real time for maximum pick accuracy. The system is also capable of grasp optimization, intelligent robot motion control and embedded object understanding.&nbsp;<\/p>\n<p>&#8220;We&#8217;re delighted that some of the world&#8217;s leaders in the food production and automation markets have decided to join existing investors in supporting SRI&#8217;s continuing growth journey,&#8221; <span class=\"xn-person\">Jeff Beck<\/span>, CEO of Soft Robotics, said. &#8220;SRI&#8217;s technologies are increasingly crucial to enabling and scaling efficient and safe production of several food categories. This round of growth capital strengthens SRI&#8217;s ability to rapidly develop, deploy and support those technologies.&#8221;<\/p>\n<p><iframe loading=\"lazy\" title=\"Assatec Sweet Potato Automation Solution with Soft Robotics mGrip\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/JgwJDgG6HmY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p id=\"continue-jump\">Tyson Ventures, the venture capital arm of Tyson Foods and an existing Soft Robotics customer, led the funding round. Marel and Johnsonville, another Soft Robotics customer, also joined the funding round as new investors. The round also included participation from the company&#8217;s existing investors.&nbsp;<\/p>\n<p>&#8220;At Tyson, we are continually exploring new areas in automation that can enhance safety and increase the productivity of our team members,&#8221; <span class=\"xn-person\">Rahul Ray<\/span>, Senior Director of Tyson Ventures, said. &#8220;Soft Robotics&#8217; revolutionary robotic technology, computer vision and AI platform have the potential to transform the food industry and will play a key role in any company&#8217;s automation journey.&#8221;<\/p>\n<p>While the company has primarily focused on automated bulk food processes, in May, <a href=\"https:\/\/www.therobotreport.com\/soft-robotics-to-bring-its-mgripai-to-new-industries\/\">Soft Robotics&nbsp;announced that it will be expanding the commercial focus of its&nbsp;<em>m<\/em>GripAI<\/a>, a soft gripping solution for automating bulk food picking processes. The company plans to make the product available for order fulfillment, sortation, decanting and kitting.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Soft Robotics brought in $26 million in the first closing of its Series C funding round to expand commercial deployment of its mGripAI.<\/p>\n","protected":false},"author":872,"featured_media":564333,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rbr50_analysis":"","rbr50_state":"","rbr50_country":"","rbr50_description":"","rbr50_numemps":"","rbr50_text_taxonomy_radio":"","rbr50_text_taxonomy_select":"","rbr50_url":"","rbr50_yearfounded":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"footnotes":""},"categories":[1284,3502,1389,1297,1396,1277,1401,1291,2012,2160,2001],"tags":[3506,1021,1775],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Soft Robotics picks up $26M - The Robot Report<\/title>\n<meta name=\"description\" content=\"Soft Robotics brought in $26 million in the first closing of its Series C funding round to expand commercial deployment of its mGripAI.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.therobotreport.com\/soft-robotics-picks-up-26m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Soft Robotics picks up $26M - The Robot Report\" \/>\n<meta property=\"og:description\" content=\"Soft Robotics brought in $26 million in the first closing of its Series C funding round to expand commercial deployment of its mGripAI.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.therobotreport.com\/soft-robotics-picks-up-26m\/\" \/>\n<meta property=\"og:site_name\" content=\"The Robot Report\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-18T17:03:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.therobotreport.com\/wp-content\/uploads\/2022\/11\/featured-web-soft-robotics-mgrip.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"770\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Brianna Wessling\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@therobotreport\" \/>\n<meta name=\"twitter:site\" content=\"@therobotreport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Brianna Wessling\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.therobotreport.com\/soft-robotics-picks-up-26m\/\",\"url\":\"https:\/\/www.therobotreport.com\/soft-robotics-picks-up-26m\/\",\"name\":\"Soft Robotics picks up $26M - The Robot Report\",\"isPartOf\":{\"@id\":\"https:\/\/www.therobotreport.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.therobotreport.com\/soft-robotics-picks-up-26m\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.therobotreport.com\/soft-robotics-picks-up-26m\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.therobotreport.com\/wp-content\/uploads\/2022\/11\/featured-web-soft-robotics-mgrip.jpg\",\"datePublished\":\"2022-11-18T17:03:26+00:00\",\"dateModified\":\"2022-11-18T17:03:26+00:00\",\"author\":{\"@id\":\"https:\/\/www.therobotreport.com\/#\/schema\/person\/b49ac8168e6f266c4fcadb923f6e94d0\"},\"description\":\"Soft Robotics brought in $26 million in the first closing of its Series C funding round to expand commercial deployment of its mGripAI.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.therobotreport.com\/soft-robotics-picks-up-26m\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.therobotreport.com\/soft-robotics-picks-up-26m\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.therobotreport.com\/soft-robotics-picks-up-26m\/#primaryimage\",\"url\":\"https:\/\/www.therobotreport.com\/wp-content\/uploads\/2022\/11\/featured-web-soft-robotics-mgrip.jpg\",\"contentUrl\":\"https:\/\/www.therobotreport.com\/wp-content\/uploads\/2022\/11\/featured-web-soft-robotics-mgrip.jpg\",\"width\":770,\"height\":500,\"caption\":\"| Source: Soft Robotics\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.therobotreport.com\/soft-robotics-picks-up-26m\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.therobotreport.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Soft Robotics picks up $26M\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.therobotreport.com\/#website\",\"url\":\"https:\/\/www.therobotreport.com\/\",\"name\":\"The Robot Report\",\"description\":\"Robotics news, research and analysis\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.therobotreport.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.therobotreport.com\/#\/schema\/person\/b49ac8168e6f266c4fcadb923f6e94d0\",\"name\":\"Brianna Wessling\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.therobotreport.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/719a94898a1df4a988dece3c21c2050a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/719a94898a1df4a988dece3c21c2050a?s=96&d=mm&r=g\",\"caption\":\"Brianna Wessling\"},\"description\":\"Brianna Wessling is an Associate Editor, Robotics, WTWH Media. She joined WTWH Media in November 2021, and is a recent graduate from the University of Kansas. She can be reached at bwessling@wtwhmedia.com\",\"url\":\"https:\/\/www.therobotreport.com\/author\/bwessling\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Soft Robotics picks up $26M - The Robot Report","description":"Soft Robotics brought in $26 million in the first closing of its Series C funding round to expand commercial deployment of its mGripAI.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.therobotreport.com\/soft-robotics-picks-up-26m\/","og_locale":"en_US","og_type":"article","og_title":"Soft Robotics picks up $26M - The Robot Report","og_description":"Soft Robotics brought in $26 million in the first closing of its Series C funding round to expand commercial deployment of its mGripAI.","og_url":"https:\/\/www.therobotreport.com\/soft-robotics-picks-up-26m\/","og_site_name":"The Robot Report","article_published_time":"2022-11-18T17:03:26+00:00","og_image":[{"width":770,"height":500,"url":"https:\/\/www.therobotreport.com\/wp-content\/uploads\/2022\/11\/featured-web-soft-robotics-mgrip.jpg","type":"image\/jpeg"}],"author":"Brianna Wessling","twitter_card":"summary_large_image","twitter_creator":"@therobotreport","twitter_site":"@therobotreport","twitter_misc":{"Written by":"Brianna Wessling","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.therobotreport.com\/soft-robotics-picks-up-26m\/","url":"https:\/\/www.therobotreport.com\/soft-robotics-picks-up-26m\/","name":"Soft Robotics picks up $26M - The Robot Report","isPartOf":{"@id":"https:\/\/www.therobotreport.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.therobotreport.com\/soft-robotics-picks-up-26m\/#primaryimage"},"image":{"@id":"https:\/\/www.therobotreport.com\/soft-robotics-picks-up-26m\/#primaryimage"},"thumbnailUrl":"https:\/\/www.therobotreport.com\/wp-content\/uploads\/2022\/11\/featured-web-soft-robotics-mgrip.jpg","datePublished":"2022-11-18T17:03:26+00:00","dateModified":"2022-11-18T17:03:26+00:00","author":{"@id":"https:\/\/www.therobotreport.com\/#\/schema\/person\/b49ac8168e6f266c4fcadb923f6e94d0"},"description":"Soft Robotics brought in $26 million in the first closing of its Series C funding round to expand commercial deployment of its mGripAI.","breadcrumb":{"@id":"https:\/\/www.therobotreport.com\/soft-robotics-picks-up-26m\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.therobotreport.com\/soft-robotics-picks-up-26m\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.therobotreport.com\/soft-robotics-picks-up-26m\/#primaryimage","url":"https:\/\/www.therobotreport.com\/wp-content\/uploads\/2022\/11\/featured-web-soft-robotics-mgrip.jpg","contentUrl":"https:\/\/www.therobotreport.com\/wp-content\/uploads\/2022\/11\/featured-web-soft-robotics-mgrip.jpg","width":770,"height":500,"caption":"| Source: Soft Robotics"},{"@type":"BreadcrumbList","@id":"https:\/\/www.therobotreport.com\/soft-robotics-picks-up-26m\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.therobotreport.com\/"},{"@type":"ListItem","position":2,"name":"Soft Robotics picks up $26M"}]},{"@type":"WebSite","@id":"https:\/\/www.therobotreport.com\/#website","url":"https:\/\/www.therobotreport.com\/","name":"The Robot Report","description":"Robotics news, research and analysis","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.therobotreport.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.therobotreport.com\/#\/schema\/person\/b49ac8168e6f266c4fcadb923f6e94d0","name":"Brianna Wessling","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.therobotreport.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/719a94898a1df4a988dece3c21c2050a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/719a94898a1df4a988dece3c21c2050a?s=96&d=mm&r=g","caption":"Brianna Wessling"},"description":"Brianna Wessling is an Associate Editor, Robotics, WTWH Media. She joined WTWH Media in November 2021, and is a recent graduate from the University of Kansas. She can be reached at bwessling@wtwhmedia.com","url":"https:\/\/www.therobotreport.com\/author\/bwessling\/"}]}},"_links":{"self":[{"href":"https:\/\/www.therobotreport.com\/wp-json\/wp\/v2\/posts\/564332"}],"collection":[{"href":"https:\/\/www.therobotreport.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.therobotreport.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.therobotreport.com\/wp-json\/wp\/v2\/users\/872"}],"replies":[{"embeddable":true,"href":"https:\/\/www.therobotreport.com\/wp-json\/wp\/v2\/comments?post=564332"}],"version-history":[{"count":0,"href":"https:\/\/www.therobotreport.com\/wp-json\/wp\/v2\/posts\/564332\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.therobotreport.com\/wp-json\/wp\/v2\/media\/564333"}],"wp:attachment":[{"href":"https:\/\/www.therobotreport.com\/wp-json\/wp\/v2\/media?parent=564332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.therobotreport.com\/wp-json\/wp\/v2\/categories?post=564332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.therobotreport.com\/wp-json\/wp\/v2\/tags?post=564332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}