Rethink Robotics engineers $26.6m series D

Jan 9, 2015 • Thierry Heles

GE Ventures has led a series D round for the robotics producer, increasing its total funding to $99.5m.

US-based industrial robot manufacturer Rethink Robotics raised $26.6m yesterday in a series D round led by GE Ventures, the corporate venturing unit of industrial conglomerate General Electric.

Investment bank Goldman Sachs also participated alongside all of Rethink’s existing investors, including Bezos Expeditions, the investment vehicle of Amazon chief executive Jeff Bezos, CRV, Highland Capital Partners, Sigma Partners, Draper Fisher Jurvetson and Two Sigma Ventures.

Rethink produces robots that can be programmed for use alongside skilled labour in a range of…

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