Success Stories

MassRobotics’ greatest measure of success is reflected in the success of the startups we serve.

We enjoy sharing news about our startups’ growth, secured funding, advancement to manufacturing, and their impact on their customers.

“MassRobotics is an incredible hub full of intelligent and passionate founders that gives its residents access to world-class mentorship, talent and prototyping facilities. It’s the perfect place for startups to innovate, grow, and create amazing products.”

CTO , Cleo Robotics

Here are some highlights

Founded in 2016 

Total investor funding: $60M

Total revenue to date: $12M

Strategic investors and partners include: Toyota, Hyundai, SAIC Motors, Mitsubishi Electric, Omron, Siemens, Hahn Automation

2021 Opened Office in Japan

70 employees 

Founded in 2016

2017 – 2019 Raised $20M

2020 – Raised $12M series B 

Contract with ExxonMobile

CID2 Hazloc certified Robot

25 employees

Founded in 2019

Dozen Design Wins in AI

6 Production Systems

4 Paying Customers

2021 acquired by LMI Technologies

Founded in 2017

Total investor funding: $77M

FDA 510(k) Clearance for ActivSight™ 

2 patents related to the ActivSight™ imaging module

2022 Successfully completed IRB study (Intraoperative Imaging Module )

66 employees

Founded in 2016 (MassRobotics 1st resident) 

2017 – 2021 raised $10M

January 2021 – First to receive FAA authorization to fly BVLOS with no humans on-site

41 employees  

May 2021 – Raised $51.5M in partnership with Ondas Holdings

Acquired by Ondas Holdings for $71M

2022 Aquire Airbotics expanding capability

Founded in 2016

52 employees

First NSF SBIR 2018

2021 – Raised $7M 

$21M awarded contracts (DoD)

Integrating to FOUR Programs of Record

STRATFI award – Top 21 companies in AF

Founded in 2015

Total investor funding: $27M

Present in 30+ U.S. cities, 50+ projects 

Multiple strategic partners including IKEA

Thousands of units in pipeline

2022 Partnership with Marriott hotels

32 employees

Founded in 2014

No outside investment  (bootstrapped)

Initial Customer Contract $210K

EoY 2021 – $10M in revenue (85% US DoD)

38 employees 


12 Channel Street, Boston, MA 02210

© 2024 MassRobotics

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