Fetch Robotics Secures $3M Funding From O'Reilly AlphaTech Ventures and Shasta Ventures
Fetch Robotics will use the funding to bring their inaugural robots to market.
Fetch Robotics today announced that it has raised $3 million in Series A financing from OReilly AlphaTech Ventures (OATV) and Shasta Ventures. Fetch Robotics will use the funding to bring their inaugural robots to market. The robots will provide solutions for the logistics and light industrial markets, as well as for other human-robot collaboration opportunities.
Melonee Wise has been named CEO of the company. Prior to joining Fetch Robotics, Melonee was CEO and co-founder of Unbounded Robotics. Before that, Melonee spent approximately six years at the pioneering personal robotics company Willow Garage. All told, Melonee has nearly 15 years working in both entrepreneurial and engineering roles in the robotics industry, on both robotic hardware and software.
The first robots from Fetch Robotics will be introduced in Q2 of this year. To be notified when the robots are available, please email sales@fetchrobotics.com.
"Its exciting to have the opportunity for Shasta to invest in Fetch, as Ive been passionate about robotics for many years. The team, product, market opportunity, and timing are all in alignment for Fetch to be successful."
Rob Coneybeer, Managing Director at Shasta Ventures
"Fetch is comprised of a top-notch team focused on a substantial problem. They have both the entrepreneurial and technical know-how in order to solve some pressing problems in the world of logistics and light industry."
Bryce Roberts, Managing Director at OReilly AlphaTech Ventures
"Businesses and economic forces are charging ahead to make the world all on-demand all the time. The implications to the logistics industry given this trend are substantial and my team and I look forward to helping businesses address those challenges."
Melonee Wise, CEO of Fetch Robotics
Fetch Robotics is comprised of an experienced team of roboticists, spanning hardware, software, and design. The forthcoming robots will utilize and build upon ROS, the open source robot operating system.
Featured Product
Midwest Motion Products is a leading provider of robust and reliable Motion Control Products.
MMP specializes in supplying high-quality Brushed & Brushless DC Motors & Gearmotors for Robotics and Automation Equipment with a wide range of motor windings and gear ratios. With an impressive track record of more than 8,000 released DC Gearmotors designs and over 2,000,000 individual part numbers, we are renowned for our ability to handle large-scale orders. Due to our huge on-hand inventory, we are also well known for lightning-fast delivery of our standard products. We take pride in our dedicated customer service and our team of knowledgeable sales and engineering experts who are ready to assist you with custom design solutions tailored to your specific application. Additionally, we also offer a wide range of complimentary products, such as DC Motor Controls, DC Linear Actuators, AC-DC power Supplies, and DC Servo Amplifiers and others.
