Rapid raises $12M for its manufacturing robotics â€“ TechCrunch
Bay Area-based Rapid Robotics today announced a $12 million Series A. It joins a recently closed seed round, announced way back in November of last year. At present, manufacturing jobs often lack the ability to perform remotely. And, like his predecessor, President Biden has already begun talking up strategies to return manufacturing jobs to the U.S. Of course, ambitious as it might be, any plan is going to have to be a balancing act between human jobs and automation. The company notes the longstanding issue with human operators in these roles.