ABB, Nike and a Silicon Valley VC invest $3 million in Grabit
by
Frank Tobe
Grabit, a 2012 SRI International spin-off, secures $3 million in Series A funding from ABB Technology Ventures, Nike and Formation 8, a tech VC in Silicon Valley.
Grabit’s products include grippers and fixtures, case and box handling grippers, and smart conveyors for material handling.
At the core is Grabit’s patented electroadhesion-based material-handing technique – a grasping method that can successfully handle a wide variety of objects, shapes, sizes and materials.
Frank Tobe
guest author
Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.
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