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High Tech Series B Founded 2011

Grabit

Grabit provides electroadhesion-based gripping products for robotics and material handling applications. Products include grippers, flexible fixtures, smart conveyors, materials sorting machines, and pads and power supplies to OEMs. Customers companies include industries such as manufacturing and warehouse automation and package handling. The company was founded in 2011 and headquartered in Santa Clara, United…

📍 Santa Clara, United States · Industrial Robotics,

Funding snapshot

Last roundSeries B
Amount$18M
Date19 June 2018
Total raised$18M
Team size10

About

Grabit provides electroadhesion-based gripping products for robotics and material handling applications. Products include grippers, flexible fixtures, smart conveyors, materials sorting machines, and pads and power supplies to OEMs. Customers companies include industries such as manufacturing and warehouse automation and package handling. The company was founded in 2011 and headquartered in Santa Clara, United States. It has raised $18.4M in series b funding, with backing from Formation 8, Nike, ABB, flextronics, and others. The company operates in the High Tech - Industrial Robotics, High Tech - Professional Service Robots, Enterprise Applications - Manufacturing Tech space. Electroadhesion products for material handling and robotics. Its offerings span Manufacturing Tech - Robotics and Professional Service Robots - Log.

Business model

SCM Software > Warehouse Management > Warehouse Automation Tools,

Manufacturing Tech > Robotics,

Industrial Robotics > Tech Enablers > Hardware > Robotic Grippers,

Professional Service Robots > Logistics > Warehouse Automation,

Logistics Tech > Warehousing > Enablers > Robotics > Material Picking and Handling,

Plug and Play Tech Center Batches > Brand & Retail > Batch 2

Institutional investors

Formation 8 Nike flextronics DNX Ventures Burke Porter Group DHVC Shanghai Electric Group Esquel iFly Flex Brother Industries Samsung Ntt Docomo Ventures Plug and Play Tech Center

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