Life Robotics
Elbowless collaborative robotic arm for industrial applications.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor investor investor | €0.0 | round | |
* | $9.0m | Series B | |
| Total Funding | 000k | ||
Life Robotics, founded in Tokyo, Japan, in 2007, developed collaborative robotic arms for industrial use. The company's main product was "Coro," an elbowless collaborative robot arm designed to address labor shortages in Japan. This design was intended to eliminate the weak point typically found in vertically articulated robots. Coro weighed approximately 26 kilos, had a payload capacity of 2 kilos, and featured six degrees of freedom. Its collaborative nature was enabled by a low-output motor, a speed reduction function, and a collision detection function. Users could operate the robot using a 3D mouse or a gamepad.
The company raised a total of $13.2 million over three funding rounds. Its first round was in November 2015, followed by a Series A round of $4.4 million in March 2016, and a Series B round of $9 million in November 2016, led by Global Brain. Life Robotics had a total of eight institutional investors, including Global Brain, Mitsubishi UFJ Capital, and OMRON. In February 2018, the company was acquired by FANUC, a major player in the industrial robotics sector.
Keywords: collaborative robot, industrial robotics, robotic arm, automation, manufacturing robot, elbowless robot, Coro robot, FANUC, Japanese robotics, manufacturing automation