Food Robotics Leader Soft Robotics Raises $10M to Meet Pandemic-induced Demand and Bring its 3D Vision and AI-Powered Solutions to Market
Summary
The global COVID-19 pandemic has ratcheted up the pressure to automate to alleviate workforce challenges and increase operational and food safety in factory environments. Soft Robotics patented technologies are ready and being used today to enable automation in the processing and packaging of proteins, produce and bakery products. This new capital will support Soft Robotics exponential growth thereby ensuring automation plays a major role in safeguarding the food supply against future disruptions." "Companies in these sectors are rapidly adopting SoftAI in their factories to automate picking and sorting of fragile or irregularly-shaped products such as meats, produce, and seasonal items that previously had to be hand-sorted." Today Soft Robotics has hundreds of system installations, running billions of successful picks, in 24/7 "live" production for some of the largest global producers in these industries.