# GrayMatter Robotics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/graymatter-robotics

- Industry: Industrial Machinery
- Headquarters: Los Angeles, US
- Website: www.graymatter-robotics.com/
- Total disclosed funding: $69M
- Latest round: Series B (Jun 20, 2024)
- Investors on record: 16

## About

Based in California, US, and founded in 2020 by co-founders Ariyan Kabir (CEO), Brual Shah Ph.D., Satyandra Gupta Ph.D., and Sangam Pant, GrayMatter Robotics operates as a provider of AI-powered robotic solutions to high-mix manufacturers, improving productivity through advanced automation technology. In June 2024, GrayMatter Robotics Inc. raised USD 45 million in series B funding led by Wellington Management Company, with participation from NGP Capital, Euclidean Capital, Advance Venture Partners, Lawrence Brothers Inc., Riddell, SQN Venture Partners, 3M Ventures, B Capital Partners, Bow Capital, Calibrate Ventures, OCA Ventures, and Swift Ventures.

The company provides a wide range of robotics solutions, such as smart robotic cells for sanding, buffing, and polishing; configurable systems including single-arm, dual-arm, and mobile configurations; and risk-free robotics through a subscription model. Additionally, the firm offers GMR-AI software, which is integral to their smart robotic cells, enabling advanced automation and adaptability for high-mix manufacturing environments.

## Funding rounds

- Series B, Jun 20, 2024, $45M — OCA Ventures, Wellington Management, NGP Capital, 3M Ventures, Advance Venture Partners, Euclidean Capital, Bow Capital, Calibrate Ventures, SQN Venture Partners, B Capital Partners, Swift Ventures, Riddell, Lawrence Brothers Inc.
- Series A, Aug 1, 2022, $20M — OCA Ventures, 3M Ventures, Pathbreaker Ventures, B Capital, Bow Capital, Calibrate Ventures, Stage Venture Partners, Swift Ventures
- Seed, Sep 29, 2021, $4.1M — OCA Ventures, 3M Ventures, Pathbreaker Ventures, B Capital, Calibrate Ventures, Stage Venture Partners

## Investors

- OCA Ventures (https://capitalatlas.ai/funds/oca-ventures) — Seed, Series A, Series B
- 3M Ventures (https://capitalatlas.ai/funds/3m-ventures) — Seed, Series A, Series B
- Pathbreaker Ventures (https://capitalatlas.ai/funds/pathbreaker-ventures) — Seed, Series A
- B Capital (https://capitalatlas.ai/funds/b-capital) — Seed, Series A
- Calibrate Ventures (https://capitalatlas.ai/funds/calibrate-ventures) — Seed, Series A, Series B
- Stage Venture Partners (https://capitalatlas.ai/funds/stage-venture-partners) — Seed, Series A
- Bow Capital (https://capitalatlas.ai/funds/bow-capital) — Series A, Series B
- Swift Ventures (https://capitalatlas.ai/funds/swift-ventures) — Series A, Series B
- Wellington Management (https://capitalatlas.ai/funds/wellington-management) — Series B
- NGP Capital (https://capitalatlas.ai/funds/ngp-capital) — Series B
- Advance Venture Partners (https://capitalatlas.ai/funds/advance-venture-partners) — Series B
- Euclidean Capital — Series B
- SQN Venture Partners — Series B
- B Capital Partners — Series B
- Riddell — Series B
- Lawrence Brothers Inc. — Series B
