RISE Robotics

Electrifying heavy machines

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Categories
Technology, Financial Services, Manufacturing, VC-Backed
Min Investment
$250
Location
Boston, , MA
No. Investors
87

Key Deal Facts

$7.3M in product sales & development revenue, 225% YoY growth
$22M raised from top VCs including Techstars, MIT’s The Engine & Fortistar Capital
World-class team from MIT, RISD, iRobot, Apple & Forbes 30 Under 30 Manufacturing
Positioned to disrupt heavy machines from subsea to space - a combined $600B+ market
Collaborations with Anthony Liftgates, U.S. Air Force, Danfoss, & Gates Corporation
Built technology that is 3x faster, 3x more efficient and 20% lighter than hydraulics
20+ global patents granted & pending
Technology enabling the electrification & automation of the heavy machines of the future

Management Team / Advisory Board Bios

VC-Backed
Raised $250K or more from a venture firm, $1M+ Revenue
Earned over the last 12 months, Repeat Founder
Founder has started a previous company funded with $2M+, Hiten Sonpal CEORobotics & commercialization exec. Generated $2B+ revenue (9M+ units) at iRobot, grew deployments 3x at Electric Sheep, launched SaaS & HW products at Robin. Graze Robotics & Main Street Autonomy advisor. U of Evansville BS Comp. Eng., GA Tech MSCS (‘28), Tom PhelpsCOORobotics ops exec. Former product lead at Endeavor Robotics ($382M exit to FLIR), iRobot, Accion Systems. Leadership exp. across space, robotics, semiconductor & telecom markets incl. multiple $100M+ programs. Boston U. BS, Manufacturing Eng, and MBA, Blake Sessions Co-Founder & CTOMechanical innovator & genius behind Beltdraulic innovation. Forbes 30 Under 30 Manufacturing. Work featured in WSJ. Pro Tool Innovation Award for air compressor, Whitelaw Prize & Luis de Florez MIT award for innovation. MIT BS, Mechanical Engineering, Arron AcostaCo-Founder & Business DevelopmentHeavy machinery aficionado & electrification pioneer. Forbes 30 Under 30 Manufacturing. Former engineer at Apple. Employee #1 at Ekotrope (Inc 5000). Techstars alum. Superconnector in product market fit of innovative tech solutions. MIT BS, Mechanical Eng, Toomas Sepp Co-Founder & Chief EngineerMaster mechanic & hands-on engineering leader. Key engineer for BEAR, a humanoid hydraulic robot & QCBot, an autonomous drug-delivery robot, both at Vecna. Specialist in precision engineering, machine design, & fitment. MIT BS, Mechanical Engineering, Kyle Dell'Aquila Co-Founder & Head of Customer Experience & DesignVisionary designer. Olio Smartwatch design lead. Critical role in patented breakthrough for 3D belt topologies. Award-winning moonbuggy design recognized by American Inst of Aeronautics & Astronautics. Rhode Island School of Design BFA, Industrial Design
Amount Raised : $11,132,801
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