Standard Bots, America's largest manufacturer of AI-native industrial robotics, announced a $200 million Series C led by RoboStrategy and existing investors including General Catalyst at a $1 billion valuation. The company is expanding its Glen Cove, New York facility to 70,000 square feet to scale its vertically integrated production process.
The funding comes at a pivotal moment for U.S. manufacturing. Last year, China installed nine times more industrial robots than America, and more than the rest of the world combined. Standard Bots aims to reverse this trend by making American manufacturing competitive through AI-native robotics.
"AI will allow industrial robots to do 100x more tasks with full autonomy," said Evan Beard, co-founder and CEO. "The quickest way to get to full autonomy is through deployments, collecting real-world data, and iterating as fast as possible."
Standard Bots serves customers including Sunoco, Lockheed Martin, Amazon, NASA, the U.S. Army, and hundreds of SMB manufacturers across nearly every state. The company designs almost all its own parts, including actuators, and by 2027, plans to manufacture everything – from metal in to robots out – in America.
