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Harvest Automation, Inc., a robotics company developing solutions for material handling, has announced that it has secured $4.0M in Series A financing from three leading venture firms including Life Sciences Partners (LSP), the Midpoint Food Ag Fund, and MTDC.

 

The HarvestAI team is made up of engineers and executives who have invented and successfully brought to market many leading robotic and other technology platforms including the Roomba(TM) from iRobot Corporation. Team backgrounds also include members from DEKA RD, Draper Labs, Vitesse Semiconductor and Bear River Associates.

 

“Our expertise is in applying practical robotics to improve worker productivity with a focus on harsh, manual labour tasks,” said Charlie Grinnell, founder and CEO of HarvestAI. “Traditional material handling robots have been associated with fixed-function factory automation, which generally operate in indoor, tightly controlled work spaces. We have a very different solution that uses teams of small, agile, mobile robots (AMR’s) designed to work flexibly with human workers in a broad range of uncontrolled environments making them suitable for many market applications.”

 

“The quality and strength of the management team were the primary reasons we invested in HarvestAI. Their broad background in applying robotic technology and building highly successful products and companies was very compelling. We are excited about HarvestAI’s long-term potential as a new Midpoint portfolio company,” commented Andrew Ziolkowski, Managing Partner at Midpoint.

 

“Massachusetts Technology Development Corporation has a history of supporting companies that are in emerging sectors and robotics is an area that we in New England are uniquely poised to capture,” said Dina Routhier, Principal at MTDC. “Improving worker productivity and leveraging today’s technical approaches is critical and we believe in HarvestAI and their market.”

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