RIOS, a spun-out of Stanford University, is a technology company that provides automation for factory assembly lines, warehouses, and logistics/supply chain operations.
RIOS provides factory automation-as-a-service, and deploys AI-powered and dexterous robots on factory assembly lines.
RIOS was founded in 2018 by Bernard Casse, Christopher Lalau-Keraly, Christopher Paulson, Clinton Smith, and Matthew Shaffe. The company is headquartered in Palo Alto, with an office in San Carlos, California.
RIOS develops and deploys AI-powered robots for assembly lines in factories, warehouses, and supply chain operations. The RIOS’ robot platform consists of an AI-driven perception system (eye), a central AI (brain), and a purpose-built intelligent end-effector (hand) powered by the world’s most advanced tactile sensors.
RIOS first product, DX-1, is a full-stack, multi-purpose robot able to perform a broad range of tasks, from pick-and-place of arbitrary objects to complex component assembly—a skill set largely unseen in the robotics industry until now. DX-1 can interact with objects in both static and dynamic applications, such as bin picking and moving conveyor belts.
RIOS' machines contain thousands of touch sensors to relay data that the AI orchestrator uses, along with other example data, to learn how to grasp objects it hasn’t seen before.
RIOS is backed by Main Sequence, Yamaha Motor Ventures, Orbit Venture Partners, Valley Capital Partners, Morpheus Ventures, Grit Ventures, Hypertherm Ventures, Alumni Ventures Group, Fuji Corporation, and others. The company raised $28M in Series A round on Feb 22, 2022. This brings RIOS' total funding to $33M to date.