Standard Bots has raised $200 million in Series C funding at a $1 billion valuation, with the round led by RoboStrategy and participation from existing investors including General Catalyst. The New York-based industrial robotics company said the capital will support expanded production of its AI-native robots and the growth of its manufacturing operations in Glen Cove, New York. The company is expanding the facility to 70,000 square feet as it increases capacity to design, assemble and deploy robots for customers in sectors including oil and gas, automotive, aerospace, data centers and government.
Standard Bots was co-founded by Evan Beard, David Golden and James Cordle. The company produces robot arms and industrial humanoids designed to be programmed through demonstration and observation rather than traditional coding. Its systems are used in applications including machining, welding, palletizing, grinding, fastening, dispensing, assembly and inspection.
The company said it has deployed robots to hundreds of businesses across the United States, including small and midsize manufacturers as well as customers such as Sunoco, Lockheed Martin, Amazon, NASA and the U.S. Army. Standard Bots said it is on pace to account for 10% of new U.S. industrial robot deployments by next year.
Standard Bots said it designs most of its own components, including actuators, and assembles final products in-house. The company plans by 2027 to manufacture its robots in the United States from raw metal through final assembly.
“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.”
Andrew Kang, CEO of RoboStrategy, said Standard Bots had addressed the challenge of making industrial robots usable in factory settings without specialized programming. RoboStrategy is a Nasdaq-listed, actively managed closed-end fund focused on robotics.
General Catalyst partner Max Rimpel said Standard Bots was working to reduce cost and complexity barriers for manufacturers adopting automation. GiantLeap Capital managing partner Samir Parikh said the company’s combination of AI-native robotics, domestic manufacturing and production scale positioned it as an enabler of U.S. industrial capacity.
Standard Bots has also advised U.S. policymakers on robotics strategy, including through testimony before the Joint Economic Committee and the House Subcommittee on Research and Technology. The company’s policy recommendations include financial support for U.S. manufacturers investing in robotics and restrictions on Chinese-made industrial robots and components.
