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RIOS
Factory automation-as-a-service
- 21-100 employees
- B2B
- Artificial Intelligence
- Enterprise
- Manufacturing
- Automation
- University South, Palo Alto, CA
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Company mission
To help enterprises automate their entire factories.
Our take
RIOS describes itself as an “automation as a service company” and provides its clients with a monthly subscription to robotics for factories. With clients from manufacturing, food services, agriculture, and biochemical fields, RIOS offers solutions through its AI orchestration system. This system is integrated with processors, computer vision, touch sensors, and physical manipulation tools making RIOS robotic solutions scalable and flexible.
Founded by former XEROX Palo Alto Research Center employees, RIOS has an experienced team behind it, and at just the right time too. The manufacturing industry has suffered a major employment drought and a harder push to replace some jobs with robotics may be the answer to this shortage, which has had knock-on effects on the economy throughout the early 2020s.
RIOS isn’t alone though, it is just one of several major competitors in the robotics for manufacturing field. It's a young company too, competing against the larger Ambi Robotics and Covariant. Despite being awarded Series A funding in February 2022 and with aspirations to grow its fleet of robots, RIOS must find a way to gain an edge over the competition.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Stock options for every employee
- Healthcare + dental + vision insurance plans
- 401(k) plan
- Free lunch on-site at headquarters
- Paid parental leave
- Subsidized costs for internet / cellphone bills
- Flexible time off & paid holidays
- Social events + happy hours + team parties
Funding (last 2 of 4 rounds)
Mar 2024
$13m
SERIES B
Feb 2022
$14m
SERIES A
Total funding: $37.5m
Leadership
Bernard D Casse
(CEO)Previously CTO and Co-Founder at Metawave Corporation, Area Manager at Xerox Company and Principal Scientist at Physical Sciences Inc
Christopher Lalau Keraly
(Director of Engineering)Previously Technical Lead at PSIQUANTUM and Member of Research Staff at PARC
Chris Paulson
(VP of Engineering)Previously Senior Member of Research Staff at PARC
Clinton Smith
(CTO)Previously Senior Member of the Research Staff at PARC, Principal Scientist at Physical Science,
Matt Shaffer
(Director of Artificial Intelligence)Previously Director of AI at Stealth Startup, US P{roject Lead at MeshRocket, Founder at DiscoverNext and Founder at Qlabs and GearUni LLC