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Rethink Robotics

Rethink Robotics develops and produces industrial robots for manufacturing, automation and outsourcing applications. Read more

Daniel Bunse's photo - CEO of Rethink Robotics

CEO

Daniel Bunse

CEO Approval Rating

87/100

Founded:

2008

Status:

PrivateAcquired by HAHN Group

RETHINK ROBOTICS TOP COMPETITORS OR ALTERNATIVES

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Universal Robots is the biggest rival of Rethink Robotics. Universal Robots was founded in 2005, and its headquarters is in Odense, South Denmark. Universal Robots operates in the Technology Hardware industry. Universal Robots has 640 more employees than Rethink Robotics.

Yaskawa Motoman has been one of Rethink Robotics's top competitors. Yaskawa Motoman is a Private company that was founded in Miamisburg, Ohio in 1989. Yaskawa Motoman is in the Technology Hardware industry. Yaskawa Motoman has 660 more employees vs. Rethink Robotics.

EK Automation is Rethink Robotics's #3 rival. EK Automation was founded in 1963 in Rosengarten, Hamburg. EK Automation is in the Technology Hardware field. EK Automation generates $15M more revenue than Rethink Robotics.

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Growth Score - 1/1

Is 40 a good estimate for Rethink Robotics's Employee count?

Rethink Robotics Acquisitions

No recent acquisitions found related to Rethink Robotics

Rethink Robotics Funding History

Since Rethink Robotics was founded in 2008, it has participated in 6 rounds of funding. In total Rethink Robotics has raised $131.2M. Rethink Robotics' last funding round was on Dec 2016 for a total of $36.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Series E
Dec 2016
$36M
Series D
Dec 2014
$26.6M
Equity
Oct 2013
$11.5M
Series C
Jun 2012
$30M
Series B
Nov 2010
$20M

Since Rethink Robotics was founded in 2008, it has participated in 6 rounds of funding. In total Rethink Robotics has raised $131.2M. Rethink Robotics' last funding round was on Dec 2016 for a total of $36.0M

Rethink Robotics Investments

No recent investments found related to Rethink Robotics

Rethink Robotics News

October 17, 2019Process Online

Sawyer robot returns, while Rethink Robotics gets a new CEO

Rethink Robotics is back - with a new Sawyer.After announcing its shutdown in October 2018, the asset... See more »
March 7, 2019Medical Design and Outsourcing

Inside Hahn Group's plan to revive Rethink Robotics

The Hahn Group scooped up the IP and trademarks for the Sawyer collaborative robot and Intera softwar... See more »
November 14, 2018DC Velocity

So long, Baxter and Sawyer

Cobot pioneer Rethink Robotics shuts its doors.... See more »
November 13, 2018VentureBeat

Rethink Robotics' assets bought by Hahn, Universal Robots hires 20 employees from pioneering firm

Pioneering Rethink Robotics will get an afterlife, with its collaborative robotics IP acquired by Hah... See more »
November 13, 2018Engineering

UR Sets Up Shop in Rethink Robotics HQ, Snaps up Valuable Former Rethinkers

Image source: VentureFizz The sudden shutdown of collaborative robot pioneer Rethink Robotics came as... See more »
November 12, 2018Design Engineering

Rethink Robotics IP snapped up by German HAHN Group

The details of the deal haven't been disclosed, but the acquisition seems to be focused on the Intera... See more »
November 5, 2018ASSEMBLY

Rethink Robotics Gets Rethought

Rethink Robotics, the pioneering manufacturer of the Baxter and Sawyer collaborative robots, closed f... See more »

Rethink Robotics Blogs

August 28, 2018Rethink Robotics Blog

meet the maker: aran sena of king’s college london

Give us the overview of GROWBOT and what you plan to accomplish through your research. GROWBOT is the... See more »
August 21, 2018Rethink Robotics Blog

meet the maker: carl palme

Carl works in our Product Management team. When he's not busy engaging with customers and working wit... See more »
August 14, 2018Rethink Robotics Blog

the perfect interaction between human and robot

SMBs are increasingly under pressure to react to fluctuations in demand as quickly as possible. Howev... See more »
August 7, 2018Rethink Robotics Blog

manufacturing trends: co-packing and end-of-line packaging

Everything we purchase these days involves packaging, and can include a box, plastic or glass bottle ... See more »
July 31, 2018Rethink Robotics Blog

cobots drive the automotive industry forward

More than 81 million vehicles will be sold around the world in 2018. While the global automotive prod... See more »
July 26, 2018Rethink Robotics Blog

industry 5.0: man and machine in harmony at last

If you've ever worked in software like me, you know that version numbers have great importance. It's ... See more »
July 24, 2018Rethink Robotics Blog

enhancing cnc machining with modern technology

Today's manufacturers are tasked with producing parts faster and better than ever. To meet the needs ... See more »

Rethink Robotics Press Releases

December 24, 2016Blackbird

Collaborative Robots Market 2016 Global Analysis, Opportunities and Forecast to 2022

View as PDF Print View Global Collaborative Robots Market is accounted for $101 million in 2015 and i... See more »
December 15, 2016EIN Presswire

Smart Machines in Americas 2016 Market Expected to Grow at CAGR 14.96% and Forecast to 2021

WiseGuyReports.Com Publish a New Market Research Report On - "Smart Machines in Americas 2016 Market ... See more »
October 20, 2016NewsMaker

Smart Machines 2016 Market Segmentation Application, Technology & Market Analysis Research Report to 2020

Smart Machines Market research report provides granular analysis of the market share, segmentation, r... See more »
October 9, 2016Business Wire

Key Players are Universal Robots A/S, Rethink Robotics, ABB Group and Fanuc Corporation - Research and Markets

DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Collaborative... See more »
October 6, 2016PR Newswire Asia

Rethink Robotics Leads in Research and Education with Open Source SDK

Introduces high performance Sawyer robot with software development kit BOSTON, October 6, 2016 /PRNew... See more »
September 23, 2016PR Newswire

Global Collaborative Robots Market in Electrical & Electronics Industry 2016-2022 by End-user, Application and Region - Research and Markets

DUBLIN, September 23, 2016 /PRNewswire/ -- Research and Markets has announced the addition of the "Gl... See more »

Rethink Robotics Videos

Social Media

Rethink Robotics Headquarters

Industriestraße 38c

Bochum, North Rhine-Westphalia44894

49-234-62203-0

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Rethink Robotics Summary

ABOUT

Overview

Rethink Robotics develops and produces industrial robots for manufacturing, automation and outsourcing applications. Rethink Robotics was founded in 2008. Rethink Robotics' headquarters is located in Bochum, North Rhine-Westphalia, DE 44894. It has ra...

CEO

Rethink Robotics's CEO, Daniel Bunse, currently has an approval rating of 87%. Rethink Robotics's primary competitors are Universal Robots, Yaskawa Motoman & EK Automation.

Frequently Asked Questions about Rethink Robotics

  1. When was Rethink Robotics founded?

    Rethink Robotics was founded in 2008
  2. Who is Rethink Robotics's CEO?

    Rethink Robotics's CEO is Daniel Bunse
  3. How much revenue does Rethink Robotics generate?

    Rethink Robotics generates $12M in revenue
  4. How much funding does Rethink Robotics have?

    Rethink Robotics has historically raised $131.2M in funding
  1. Where is Rethink Robotics's headquarters?

    Rethink Robotics's headquarters is in Bochum North Rhine-Westphalia, DE
  2. How many employees does Rethink Robotics have?

    Rethink Robotics has 40 employees
  3. What sector does Rethink Robotics operate in?

    Rethink Robotics is in Technology Hardware
  4. Who are Rethink Robotics's competitors?

    Rethink Robotics's top competitors are Universal Robots, Yaskawa Motoman, EK Automation