Standard Bots Raises $200 Million for Industrial Robot Development

Standard Bots, the largest AI-native industrial robot manufacturer in America, has announced a $200 million funding round in a Series C, raising its valuation to $1 billion. The round is led by General Catalyst and RoboStrategy, with clients including NASA, Amazon, and Lockheed Martin. The company focuses on developing industrial robot arms designed for tasks such as welding and assembly. Standard Bots utilizes a shared base model that customers can adapt through demonstrations and fine-tuning. It also runs a range of models, including a zero-shot perception system for machine tending.