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What
Creator of low-cost robotics solutions for the manufacturing sector
Disrupting
Overseas manufacturing hubs, through the introduction of robotics that improve efficiency, increase productivity and reduce the need for offshoring.
Source: Rethink Robotics
Headquarters:Â Boston, MA.
CEO:Â Scott Eckert
Year Founded:Â 2008
Number of Employees:Â N/A
Funding:Â $62 million
Key Investors:Â Â Bezos Expeditions, Charles River Ventures, Draper Fisher Jurvetson (DFJ), Highland Capital Partners, Sigma Partners
Vital Stats
- The star of Rethink is a robot named Baxter
- Created by co-founder of iRobot (maker of the Roomba vacuum), Rodney Brooks
- Brooks starred in 1997 Errol Morris movie "Fast, Cheap and Out of Control."Â
- Launched first "common sense" behavior robot for manufacturing in 2012
- Just launched its Baxter Research Robot to assist academic and corporate R&D labs
- Its robots are designed and manufactured in America
On Disruption
Disruption also needs to create totally new industries as well, such as how the advent of the smartphone catalyzed a whole industry around developing mobile apps. With the new Baxter Research SDK, we have created a platform that will allow developers to create totally new applications for robots. The possibilities are limitless.Scott EckertCEO