… Rethink Robotics (formerly Heartland Robotics) announced that it has secured $30 million in Series C funding to launch the company’s new robot product, begin development of new product lines and expand sales, marketing and services operations.
… This latest round of funding brings the total raised by Heartland/Rethink to $62 million.
… Descriptors for their new product includes the following: “can perform simple tasks in a manufacturing environment, increasing the productivity of the people around them who are doing the more highly skilled and value-added work.” And, “can be taken out of the box, taught a task by an untrained factory worker, and be productive in a few hours, eliminating the need for systems integration. They are safe to interact with people at close range and are easy to train and retrain on the fly.”