Standard Bots
Standard Bots announced a Series C round, with $200 million raised at a billion-dollar valuation.
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Standard Bots
Standard Bots announced a Series C round, with $200 million raised at a billion-dollar valuation.
New York-based AI-native, industrial robotics manufacturer Standard Bots announced a $200 million Series C led by RoboStrategy and existing investors.
The funding positions the company at a $1 billion valuation, which it said marks a major milestone for American robotics at a time when U.S. industry is racing to modernize and reshore.
The company announced that it is also expanding its manufacturing footprint in New York, increasing its ability to design, assemble and deploy American-made robots at scale for customers ranging from Fortune 100 companies to hundreds of SMB manufacturers across the country.
Standard Bots said that it makes AI-native robot arms and industrial humanoids that require no code to program for fast deployment and ease of maintenance across a range of applications at a lower price point than legacy manufacturers.
Applications utilizing Standard Bots’ robots include:
Standard Bots said that it designs almost all its own parts, including its own actuators and assembles every final product in-house. By 2027, the company said that it plans to manufacture everything - from metal in to robots out - in America.
"AI-native robots are the essential power tool of the 21st century - the tool that will grow American manufacturing and help every worker to be a force at work," said Evan Beard, co-founder, CEO, and chief engineer of Standard Bots. "AI will allow industrial robots to do 100x more tasks with full autonomy. You just show your robot how it's done, and it learns through demonstration. The quickest way to get to full autonomy is through deployments, collecting real-world data, and iterating as fast as possible. Standard Bots is the furthest along in that regard with the most vertically integrated, onshore production process, and this new capital just accelerates all of that."
Beard is scheduled to serve as a Keynote speaker at Automate 2026 in Chicago, providing the opening address on Wednesday, June 24. Beard’s speech is titled “99% of Tasks Still Can’t Be Automated: How Physical AI Changes That.”
Standard Bots said that it has deployed AI-native, industrial robots to hundreds of American companies in nearly every state - from generational small businesses in the heartland to some of the country's largest manufacturers in oil and gas, automotive, aerospace and data centers.
Against this backdrop, the company added that it is expanding its Glen Cove, New York facility to 70,000 square feet to scale its vertically integrated production process amidst rapid growth in demand, and is on pace to deliver 10% of new U.S. industrial robot deployments by next year.
Additionally, Standard Bots said that it is a leading advisor to the White House and Congress on a National Robotics Strategy, including testimony before the Joint Economic Committee and the Subcommittee on Research and Technology. Key policy recommendations include financial support for American manufacturers to invest in robotics, and a ban on Chinese-made industrial robots and robotics components.
"Across our portfolio, we're seeing a clear shift from experimental robotics to systems that can deliver immediate, real-world value," said Andrew Kang, CEO at RoboStrategy, an actively managed closed-end fund focused on robotics. "Standard Bots stands out because they've solved one of the hardest problems in industrial automation: making robots that are not only powerful, but actually usable on the factory floor without specialized programming. Their approach to physical AI - teaching robots through demonstration - dramatically expands the range of tasks that can be automated. Combined with their commitment to building and scaling manufacturing in the U.S., we believe Standard Bots is uniquely positioned to define the next generation of industrial robotics."
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