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Rise Robotics

Series B

Rise Robotics is an industrial technology company that develops Beltdraulic technology, a fluid-free alternative to traditional hydraulic systems for efficient linear actuation in industrial machine applications. The company's Beltdraulic product line includes the Beltdraulic Cylinder for general linear actuation, Beltdraulic Railgate for tailgate applications, Beltdraulic SuperJammer for heavy-duty industrial use,…

High Tech · Industrial Robotics · Boston, United States · EST 2012

About

Rise Robotics is an industrial technology company that develops Beltdraulic technology, a fluid-free alternative to traditional hydraulic systems for efficient linear actuation in industrial machine applications. The company's Beltdraulic product line includes the Beltdraulic Cylinder for general linear actuation, Beltdraulic Railgate for tailgate applications, Beltdraulic SuperJammer for heavy-duty industrial use, and Beltdraulic CLD for compact linear drive applications. Beltdraulic technology delivers 3x the speed of traditional hydraulic systems while being cost-effective and eliminating the need for hydraulic fluids. The technology is universally compatible with various power sources including diesel engines, electric motors, and hydrogen fuel cells, optimizing performance for both electric rotary drive and linear actuation. Rise Robotics partners with Tier 1 suppliers, OEMs, and the U.S. Department of Defense, pioneering the transition from traditional hydraulic systems to more efficient and sustainable solutions. The company's collaborative approach offers tailored solutions designed to meet requirements traditionally necessitating hydraulic systems, focusing on optimization rather than simple electrification. Founded in 2012 and headquartered in Boston, Massachusetts, Rise Robotics has raised $26.3M in Series B funding from investors including Engine, Right Side Capital Management, Techstars, Kings Crowd, Fortistar, AFWERX, MIT Alumni Angels of Boston, Greentown Labs, Project 11 Ventures, Engine Ventures, and Eclipse.

Business model

Industrial Robotics > Robot Manufacturers > Multi Utility Robots > Robotic Arms > Collaborative

Team background

College Wise > Massachusetts Institute of Technology

Institutional investors

EngineRight Side Capital ManagementTechstarsKings CrowdFortistarAFWERXMIT Alumni Angels of BostonGreentown LabsProject 11 VenturesEngine VenturesEclipseWalter Winshall

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