RightHand Robotics is a Boston-based company that develops pick-and-place systems for warehouse order fulfillment, most recently the RightPick 3. The firm has logged extensive real-world hours and counts international customers such as Japanese wholesaler Paltac and European pharmacy apo.com. Its systems are deployed to automate picking operations for wholesalers and retailers. RightHand has previously raised from investors including GV, Menlo and Playground Global and has amassed around $100 million in funding to date. The company plans to use new capital for hiring, expanding office space and further global scaling. Market tailwinds including COVID-driven logistics demand, supply-chain strain and labor shortages have increased interest in warehouse automation, supporting RightHand’s growth prospects. RightHand Robotics develops a dexterous, high-speed pick-and-place robotic arm and gripper for fulfillment centers. Investors have highlighted the system’s dexterity and speed. The company announced a $23 million Series B and has raised roughly $34 million in total, including an $8 million Series A last year. RightHand says it will use the funding to build out its technical and business teams. The product targets a long-standing robotic picking problem that has become more pronounced with the growth of fulfillment centers and competitive moves like Amazon’s purchase of Kiva Systems. As part of the round, former Kiva CEO Mick Mountz will join RightHand’s board of directors. RightHand Robotics, based in Somerville, MA, has developed RightPick, a combined hardware and software solution for picking individual items. Led by co-founder Leif Jentoft, RightPick pairs a sensorized robot hand with a machine-learning backend. The system integrates with industry-leading robotic arms to handle thousands of different items. The company targets e-commerce order-fulfillment across pharmaceuticals, electronics, grocery, apparel and other industries. RightHand plans to use new capital to expand product development, hiring and marketing. The article reports the company raised $8 million in a Series A round.

Total raised

$97M

Funding rounds

3

Latest round

Series C

Latest activity

Feb 2022