Company profile: Rapid Robotics
1.1 - Company Overview
Company description
- Provider of full-service robotic palletizing solutions for manufacturing and logistics, deploying workcells and systems for palletizing, packing, and kitting. Offers generative AI and 3D vision platforms (Rapid iD, Engine) that automate pick-and-place, enable rapid onboarding and changeovers, and adapt to new objects in under two minutes, plus six productized solutions, robotic arms, work cell configuration, safety systems, and 24/7 support.
Products and services
- Robotic Solutions for Manufacturing and Supply Chain: Safety-integrated assemblies delivering six fully productized systems with robotic arms, workcell configuration, and safety systems for diverse manufacturing and supply-chain applications
- Rapid iD: Generative-AI-driven platform leveraging 3D vision to automate pick-and-place, adapting to new objects in under two minutes for responsive robotic workcells
- Engine: 3D-vision-guided robotic intelligence utilizing generative AI to streamline tasks onboarding, execute seamless changeovers, and deliver real-time adaptability across evolving manufacturing and logistics workflows
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Rapid Robotics
Vicarious
HQ: United States
Website
- Description: Provider of artificial intelligence technology that uses the computational principles of the brain to develop general intelligence for robots.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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IPR
HQ: Germany
Website
- Description: Provider of high-quality assembly and robot accessories, developing and manufacturing peripherals for robots, and a technology leader in gripping technology.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Holomni
HQ: United States
Website
- Description: Provider of powered, omnidirectional casters for mobile robots.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Skild
HQ: United States
Website
- Description: Provider of software for robotics, including a Mobile Manipulation Platform that simplifies robotics application development with an API for high-level AI algorithms and robot apps, and a general-purpose Foundation Model enabling diverse robots to perform manipulation, locomotion, and navigation across various environments.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Novarc Technologies
HQ: Canada
Website
- Description: Provider of collaborative robots for industrial applications, offering the Spool Welding Robot (SWR) for pipe, small pressure vessel and roll welding; NovEye AI vision to automate pipe welding; NovData production monitoring; SWR+HyperFill twin-wire GMAW for higher deposition; SWR-TIPTIG for GTAW; and NovSync dashboards for weld videos, daily reports, logs, and production trend tracking.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Rapid Robotics
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Rapid Robotics
2.2 - Growth funds investing in similar companies to Rapid Robotics
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4 - Top valuation comps for Rapid Robotics
4.2 - Public trading comparable groups for Rapid Robotics
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