Venture Capital

Nea Leads $12M Series A In Rapid Robotics Amid Us Manufacturing Resurgence

by vcaonline.com posted 5months ago 37 views
SAN FRANCISCO, April 6, 2021-- Rapid Robotics, creator of the first ready-to-work robotic machine operator, today announced $12M in Series A funding led by NEA, with existing investors Greycroft, Bee Partners and 468 Capital also participating. The latest investment brings Rapid Robotics’ total funding to $17.5M, with Rapid’s solutions producing more than 50,000,000 parts over the past year across almost every industry sector including plastics, metals, medical devices, automotive, pharma, semiconductors and electronics/EMS.