According to filings with the U.S. Securities and Exchange Commission, Veo Robotics is raising $29,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Patrick Sobalvarro played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Veo Robotics
Veo Robotics is transforming manufacturing with products that incorporate advanced computer vision, 3D sensing, and AI. Our first product lets high-performance industrial robots work collaboratively with people to enable much more flexible, productive, and efficient manufacturing workcells. Veo Robotics was founded in 2016 by Patrick Sobalvarro, Clara Vu, and Scott Denenberg, visit Our Team to find out more about our co-founders. Based in Waltham, MA, Veo has raised over $40 million in venture capital funding from investors such as AI Capital Partners, Google Ventures, Lux Capital Management, Siemens Next47, Nikon-SBI Innovation Fund, SBI AI & Blockchain Fund, and Baidu Ventures. Veo’s flagship product is FreeMove which is a comprehensive 3D safeguarding solution that reduces the cost and complexity of human-robot collaboration. Veo FreeMove is an advanced safety system for industrial workcells. The system monitors workcells in 3D and implements dynamic Speed and Separation Monitoring as defined by ISO 10218-2:2011 and ISO/TS 15066:2016, enabling safe interaction between humans and robots. FreeMove is available to ship with ISO 13849 certification for PLd, Category 3 from TUV Rheinland. Visit our Product page to get more in-depth product information.

To learn more about Veo Robotics, visit http://www.veobot.com/

Contact:
Patrick Sobalvarro, Chief Executive Officer
617-651-5733
https://www.linkedin.com/in/psobalvarro/

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