RE2
Latest round
- Series A
Last raised
- Aug 2014
Total raised
- $2.3M
Investors
- 2
About RE2
, operates as a developer of intelligent mobile manipulation systems for commercial and defence applications. In March 2022, Sarcos Technology and Robotics Corporation, a portfolio company of Alex., Rotor Capital Partners LLC, and Schlumberger Limited, acquired RE2, Inc. for USD 100 million. The company offers single and dual mobile robotic arms that can be integrated with various remotely operated vehicles (ROVs). The company’s robotic products include the RE2 Sapien™ 6M robotic arm used for remote control manipulation and placement of objects, and the RE2 Sapien™ Sea Class, used in the field of underwater robotics. The company generated approximately USD 15 million in revenue for the fiscal year 2021. Following the March 2022 acquisition, the company plans to accelerate the development and adoption of intelligent robotic systems.
Who invested in RE2
2 investors across 1 round
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Funding rounds
Series A
Aug 18, 2014
Amount
$2.3M
Investors
Questions about RE2
Who invested in RE2?
RE2 has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has RE2 raised?
RE2 has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did RE2 last raise money?
RE2's most recent round on record is a Series A, in Aug 2014.
What does RE2 do?
, operates as a developer of intelligent mobile manipulation systems for commercial and defence applications.
Where is RE2 headquartered?
RE2 is headquartered in Salt Lake City, US.
Which VCs invest in companies like RE2?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back industrial machinery companies at RE2's stage. Their profiles are linked below.
VCs backing industrial machinery startups at Series A
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