Rios Intelligent Machines Raises $13M Series B to Drive Robotic Automation in Manufacturing
Rios Intelligent Machines is integrating AI and robotics within the manufacturing landscape.
Company Name: Rios Intelligent Machines
Location: Menlo Park, CA
Sector: AI-powered Robotics for Manufacturing
Funding Details: Raised $13M in Series B funding, led by Yamaha Motor Corporation and IAG Capital Partners, with participation from existing investors including Main Sequence.
Purpose of Investment: The funds will be utilized to fuel growth across three primary sectors: wood products, beverage distribution, and packaged food products. Rios aims to introduce highly innovative AI and vision-driven robotics solutions, particularly focusing on the lumber and plywood handling sector.
Leadership: Rios Intelligent Machines is led by a team committed to revolutionizing the manufacturing industry through advanced robotics and AI technologies. Their focus is on delivering real-time insights and control to clients, thereby automating and enhancing manufacturing processes.
Product: Specializing in the manufacturing industry, Rios develops AI-powered robotics solutions designed to automate complex processes. The company's technology focuses on providing highly efficient, vision-driven automation tools that offer significant productivity and efficiency improvements across several manufacturing sectors.
About Company: Rios Intelligent Machines stands at the forefront of integrating AI and robotics within the manufacturing landscape. Their commitment to innovation and delivering actionable solutions enables manufacturers to leverage the latest in AI technology for increased efficiency and productivity. With a strong focus on wood products, beverage distribution, and packaged food products, Rios is setting a new standard for robotic automation in industries that are traditionally labor-intensive and complex to automate.