Precise Automation Overview

  • Year Founded
  • 2004

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 36

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 1

Precise Automation General Information

Description

Manufacturer of industrial collaborative robots intended to automate operations with ease. The company's robots can be safely used without the need for safety barriers, which reduce the work cell cost and size, enabling users to safely access equipment without stopping or slowing down production.

Contact Information

Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Corporate Office
  • 47350 Fremont Boulevard
  • Fremont, CA 94538
  • United States
Primary Industry
Other Hardware
Other Industries
Machinery (B2B)
Vertical(s)
Manufacturing, Robotics and Drones
Corporate Office
  • 47350 Fremont Boulevard
  • Fremont, CA 94538
  • United States

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Precise Automation Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Precise Automation Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of industrial collaborative robots intended to automate operations with ease. The company's robots can be s
Other Hardware
Fremont, CA
36 As of 2021

Waltham, MA
 

Bochum, Germany
 
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Precise Automation Competitors (3)

One of Precise Automation’s 3 competitors is Veo Robotics, a Formerly VC-backed company based in Waltham, MA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Veo Robotics Formerly VC-backed Waltham, MA
Rethink Robotics Formerly VC-backed Bochum, Germany
Universal Robots Formerly VC-backed Odense, Denmark
You’re viewing 3 of 3 competitors. Get the full list »

Precise Automation Patents

Precise Automation Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
CA-3064027-A1 Collaborative robot Pending 09-Jun-2017
US-20180354136-A1 Collaborative robot Active 09-Jun-2017
US-10173323-B2 Collaborative robot Active 09-Jun-2017
US-10252420-B2 Collaborative robot Active 09-Jun-2017
US-10029369-B1 Collaborative robot Active 09-Jun-2017 B25J9/1676
To view Precise Automation’s complete patent history, request access »

Precise Automation Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Precise Automation FAQs

  • When was Precise Automation founded?

    Precise Automation was founded in 2004.

  • Where is Precise Automation headquartered?

    Precise Automation is headquartered in Fremont, CA.

  • What is the size of Precise Automation?

    Precise Automation has 36 total employees.

  • What industry is Precise Automation in?

    Precise Automation’s primary industry is Other Hardware.

  • Is Precise Automation a private or public company?

    Precise Automation is a Private company.

  • What is the current valuation of Precise Automation?

    The current valuation of Precise Automation is .

  • What is Precise Automation’s current revenue?

    The current revenue for Precise Automation is .

  • Who are Precise Automation’s competitors?

    Veo Robotics, Rethink Robotics, and Universal Robots are competitors of Precise Automation.

  • When was Precise Automation acquired?

    Precise Automation was acquired on 29-Apr-2021.

  • Who acquired Precise Automation?

    Precise Automation was acquired by Azenta Life Sciences.

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