Veo Robotics is a technology company.
Veo Robotics has raised $26.0M across 2 funding rounds.
Veo Robotics has raised $26.0M in total across 2 funding rounds.
Veo Robotics has raised $26.0M in total across 2 funding rounds.
Veo Robotics's investors include Alpha JWC Ventures, Safar Partners, Sancus Ventures, Andreessen Horowitz, Craft Ventures, General Catalyst, GV, Lux Capital, Novum Capital Partners, Starbridge Venture Capital.
Veo Robotics is a technology company specializing in robotics and AI for industrial automation, developing products that enable safe human-robot collaboration to enhance manufacturing efficiency.[1][2] Its flagship product, FreeMove, uses advanced computer vision and 3D sensing to allow traditional industrial robots from partners like ABB, FANUC, KUKA, and Yaskawa to work dynamically alongside humans, reducing costs and complexity while supporting flexible workcells for mass customization and higher productivity.[1][2][3] The company targets sectors like automobile manufacturing, durable goods, and warehouse automation, solving safety barriers that limit robot deployment near people.[1][2][5] Founded in 2016 in Waltham, Massachusetts, Veo achieved growth through partnerships and product launches before its acquisition by Symbotic in July 2024.[2]
Veo Robotics was founded in 2016 in Waltham, Massachusetts, by a team including robotics veterans focused on bridging the gap between powerful industrial robots and human workers.[1][2] The idea emerged from the need to make traditional robots collaborative without redesigning them entirely, leveraging computer vision, 3D sensing, and AI to enable dynamic speed and separation monitoring compliant with standards like ISO 10218-2:2011 and ISO/TS 15066:2016.[1] Early traction came from partnerships with major robot makers—ABB, FANUC, KUKA, and Yaskawa—and certified integrators like Calvary Robotics, with FreeMove targeting automotive and durable goods manufacturing.[1] Pivotal moments included Lux Capital's 2017 investment and ongoing enhancements, such as a high-performance 3D safeguarding engine launched in 2022, culminating in its acquisition by Symbotic in July 2024.[2][3][4]
Veo Robotics rides the wave of collaborative robotics (cobots) and Industry 4.0, where labor shortages, rising customization demands, and safety regulations drive adoption of human-machine teams in manufacturing and warehousing.[1][2][5] Timing aligns with AI advancements in perception, enabling traditional heavy-payload robots—previously caged off—to operate flexibly, addressing market forces like supply chain volatility and e-commerce growth.[3][7] By partnering with robot giants and influencing standards-compliant solutions, Veo accelerates the shift from isolated automation to integrated ecosystems, paving the way for broader productivity gains in automotive, durable goods, and logistics.[1][2]
Post-acquisition by Symbotic in July 2024, Veo Robotics will likely integrate FreeMove into Symbotic's warehouse automation stack, expanding human-robot collaboration for high-volume fulfillment amid e-commerce surges.[2][5] Trends like AI-driven sensing improvements and regulatory pushes for safer automation will fuel growth, potentially evolving Veo's tech into fleet-scale solutions for dynamic environments.[4][5] As manufacturing demands flexibility, Veo's foundational role in unlocking collaborative workcells positions it to redefine efficient, adaptive production—transforming rigid factories into responsive human-machine powerhouses.[1][3]
Veo Robotics has raised $26.0M across 2 funding rounds. Most recently, it raised $14.0M Series B in April 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2023 | $14.0M Series B | Alpha JWC Ventures, Safar Partners, Sancus Ventures | |
| Oct 1, 2017 | $12.0M Venture Round | Andreessen Horowitz, Craft Ventures, General Catalyst, GV, Lux Capital, Novum Capital Partners, Starbridge Venture Capital |