Standard Bots, a New York maker of AI-driven industrial robots, raised a $200m Series C at a $1bn valuation, announced on 9 June 2026. RoboStrategy led the round and existing investors including General Catalyst took part, according to the company's press release and SiliconANGLE.
The release's boilerplate also lists Amazon, Samsung Next, Box Group and GiantLeap Capital among Standard Bots' backers. A correction notice on 11 June updated the sentence naming the company's strategic advisors: Needham & Company, Bal Strategic Partners and Optimal PCA. Earlier funding and total raised were not disclosed.
“You just show your robot how it's done, and it learns through demonstration.”Evan Beard, co-founder, CEO and Chief Engineer, Standard Bots
What Standard Bots does
Standard Bots makes robot arms and industrial humanoids that workers teach by demonstration rather than by writing code. SiliconANGLE said they run on an Nvidia Isaac-based physical AI stack. Applications named in the release include machining, welding, palletizing, grinding, fastening, dispensing, assembly and inspection.
Chief executive Evan Beard, who is also co-founder and chief engineer, said: "You just show your robot how it's done, and it learns through demonstration." The release names James Cordle and David Golden as the other co-founders.
The company says its vertically integrated design gives it a 30% price advantage over incumbents. It designs most of its own parts, including actuators, and assembles products in-house.
Customers and claims
Named customers include Sunoco, Lockheed Martin, Amazon, NASA and the US Army. The release also cites hundreds of small and mid-sized manufacturers in nearly every US state. The company says it is on pace to deliver 10% of new US industrial robot deployments by next year. That is a company claim and neither the release nor SiliconANGLE gave revenue or headcount.
The release is a paid placement, so its performance claims, including the statement that AI will let industrial robots do 100 times more tasks with full autonomy, are company statements.
Beard has said the company wants to be the furthest along in domestic production, with the most vertically integrated, onshore production process, according to SiliconANGLE.
What the money is for
The Series C pays for vertically integrated production and for expanding the Glen Cove facility to about 70,000 square feet. SiliconANGLE reported that the site grew from about 8,000 to 16,000 square feet last year. The company aims to manufacture everything in the US by 2027, and also plans to spend on research and development.
Andrew Kang, chief executive of RoboStrategy, said Standard Bots stands out because it has solved one of the hardest problems in industrial automation. Max Rimpel, a partner at General Catalyst, said the democratization of robotics is no longer a slogan and is happening on factory floors across America.
Policy position
The company says it advises the White House and Congress on a National Robotics Strategy and has testified before congressional committees. According to the release, its recommendations include financial support for US manufacturers investing in robotics and a ban on Chinese-made industrial robots and components.
Company website: standardbots.com