Veo Robotics Overview
- Year Founded
-
2016
- Status
-
Acquired/Merged
- Employees
-
12
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$8.7M
Veo Robotics General Information
Description
Manufacturer of industrial automation products intended to create industrial robots to work safely and efficiently alongside people. The company's products use proprietary algorithms, sensing, and control systems that use intelligent algorithms running on parallel computing hardware, and distributed three-dimensional sensors, enabling clients to increase productivity and reduce operating costs in manufacturing and logistics.
Contact Information
Website
www.veobot.com(Operating Subsidiary)
Corporate Office
- 411 Waverley Oaks Road
- Suite 107
- Waltham, MA 02452
- United States
Corporate Office
- 411 Waverley Oaks Road
- Suite 107
- Waltham, MA 02452
- United States
Veo Robotics Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Merger/Acquisition | 01-Jul-2024 | $8.7M | Completed | Generating Revenue | ||
| 5. Later Stage VC (Series B) | 25-Apr-2023 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A2) | 06-Aug-2020 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A1) | 01-Jan-2019 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 18-Sep-2017 | $12M | $13M | Completed | Generating Revenue | |
| 1. Seed Round | 21-Jun-2016 | $1M | $1M | Completed | Generating Revenue |
Veo Robotics Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A2 | ||||||||
| Series A1 | ||||||||
| Series A | 15,517,909 | $0.000100 | 8% | $0.77 | $0.77 | 1x | $0.77 | 28.45% |
| Seed | 4,000,000 | $0.000100 | $0.25 | $0.25 | 1x | $0.25 | 7.33% |
Veo Robotics Comparisons
Industry
Financing
Details
Veo Robotics Competitors (32)
One of Veo Robotics’s 32 competitors is Blue Ocean Robotics, a Formerly VC-backed company based in Odense, Denmark.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Blue Ocean Robotics | Formerly VC-backed | Odense, Denmark | ||||
| Cimcorp | Corporate Backed or Acquired | Ulvila, Finland | ||||
| Manda - Your Global It Lifecycle Partner | Corporation | Milton Keynes, United Kingdom | ||||
| Productive Robotics | Corporation | Carpinteria, CA | ||||
| Universal Robots | Private Equity-Backed | Odense, Denmark |
Veo Robotics Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Veo Robotics Patents
Veo Robotics Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-4649365-A1 | Sensor for safe detection of intrusions in a 3d volume | Pending | 10-Jan-2023 | ||
| WO-2024151505-A1 | Sensor for safe detection of intrusions in a 3d volume | Inactive | 10-Jan-2023 | ||
| EP-3936754-A1 | Continuous monitoring of a workcell safety system | Active | 06-Jul-2020 | ||
| EP-3936754-B1 | Continuous monitoring of a workcell safety system | Active | 06-Jul-2020 | ||
| EP-4446638-A2 | Continuous monitoring of a workcell safety system | Pending | 06-Jul-2020 | F16P3/144 |
Veo Robotics Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Veo Robotics Former Investors (10)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| AIC | Venture Capital | Minority | ||
| Amazon Industrial Innovation Fund | Corporate Venture Capital | Minority | ||
| Amazon.com | Corporation | Minority | ||
| Baidu Ventures | Corporate Venture Capital | Minority | ||
| GV | Corporate Venture Capital | Minority |
Veo Robotics FAQs
-
When was Veo Robotics founded?
Veo Robotics was founded in 2016.
-
Where is Veo Robotics headquartered?
Veo Robotics is headquartered in Waltham, MA.
-
What is the size of Veo Robotics?
Veo Robotics has 12 total employees.
-
What industry is Veo Robotics in?
Veo Robotics’s primary industry is Other Hardware.
-
Is Veo Robotics a private or public company?
Veo Robotics is a Private company.
-
What is the current valuation of Veo Robotics?
The current valuation of Veo Robotics is .
-
What is Veo Robotics’s current revenue?
The current revenue for Veo Robotics is .
-
How much funding has Veo Robotics raised over time?
Veo Robotics has raised $69M.
-
Who are Veo Robotics’s investors?
AIC, Amazon Industrial Innovation Fund, Amazon.com, Baidu Ventures, and GV are 5 of 10 investors who have invested in Veo Robotics.
-
Who are Veo Robotics’s competitors?
Blue Ocean Robotics, Cimcorp, Manda - Your Global It Lifecycle Partner, Productive Robotics, and Universal Robots are some of the 32 competitors of Veo Robotics.
-
When was Veo Robotics acquired?
Veo Robotics was acquired on 01-Jul-2024.
-
Who acquired Veo Robotics?
Veo Robotics was acquired by Symbotic.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process
