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
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