A robotics company just raised $200 million, the next Conversations episode and other news
Deep Tech Dispatch Issue #6 | A newsletter from India Tech Report
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The lede
Standard Bots raises $200 million at $1 billion valuation
American industrial robotics manufacturer Standard Bots has raised $200 million in Series C funding, led by RoboStrategy, with existing investors including General Catalyst joining in, achieving a $1 billion valuation. The company plans to use the capital to expand its New York manufacturing facility and scale its AI-native, code-free industrial robots nationwide.
Coming up, in the next episode of Conversations
Coming up: Ramamurthy Sivakumar at HrdWyr on the implications of building chips from India
In August last year, a little known semiconductor startup (at the time) founded by two industry veterans from India, announced a small, but historic milestone. Not just for themselves, but the country. The startup, HrdWyr Ventures, now more popularly, just HrdWyr, had struck two partnerships, one with Tata Electronics for the packaging of its first chip…
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