The business end of a robotic arm is the gripper. The March 2105 edition of Modern Materials Handling best describes the challenge when they wrote: “Perhaps more than any other element of robotic development in warehousing and distribution, the end-of-arm tooling, or gripper, is the place that can make or break a robot’s success.”
Advancing gripper technology is the key to unlocking a new age of automation. An age where they can automate tote pick and pack for grocery distribution, bin picking of soft and delicate parts, e-commerce order fulfillment, fruit harvesting, luggage handling, and consumer goods packaging. The US fresh produce packing market alone represents a $27 billion retail market searching for automation solutions. Soft Robotics has demonstrated the ability to bring robotic product handling and packaging to this market.
These are problems of adaptability, complexity, and cost. The search for a more adaptable gripper has driven up the complexity of design to devices like servo grippers and complicated tool changing requirements. This complexity comes at a high price in gripper cost, the need for larger arms, and complex softwar
Total Funding: $48 M
Funding Stage: Series B
Business Stage: Scaling Up
Market: B2B
Company Size: 26 to 50
Founded: 2013
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