Veo Robotics, Inc. Raises $29M in Funding from Safar Partners and Yamaha Motor Ventures.
April 28, 2023
Waltham, Massachusetts - Veo Robotics, Inc., a leader in advanced manufacturing technology, has raised $29,000,000 in funding from Safar Partners and Yamaha Motor Ventures. This latest investment is a testament to the company's ability to deliver innovative solutions that enable dynamic and flexible human-machine collaboration.
Co-founded by Patrick Sobalvarro, Veo Robotics is focused on transforming the manufacturing industry by integrating advanced computer vision, 3D sensing, and AI into its products. Its first product allows high-performance industrial robots to work collaboratively with humans, resulting in a more flexible, productive, and efficient manufacturing process.
With the latest funding, Veo Robotics is well-positioned to accelerate its growth and expand its product offerings. The investment from Safar Partners and Yamaha Motor Ventures will allow the company to further develop its technology and continue to provide innovative solutions to its customers.
Commenting on the latest funding round, Clara Vu, Co-Founder of Veo Robotics, said, "We are thrilled to have the support of Safar Partners and Yamaha Motor Ventures as we continue to transform the manufacturing industry. With this investment, we will be able to accelerate our growth and deliver even more innovative solutions to our customers."