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Flexiv

ACTIVE
Robotics companyHardware vendor
Flexiv Robotics

Manufacturer of general-purpose, force-controlled adaptive robots combining robotics with AI; creator of the Rizon series.

Founded2016United States
HQSanta ClaraUnited States
Total fundingOver $100 million2 · 2020–2022
ValuationOver $1 billion (unicorn status, 2022)
01 · About

Flexiv

Founded 2016 · Santa Clara, United States

Flexiv (Flexiv Ltd.) is a robotics company founded in 2016 in Silicon Valley by a team originating from Stanford University's Robotics and AI Lab. It specializes in general-purpose adaptive robots that combine force control, machine vision and artificial intelligence, enabling them to operate in unstructured environments. Its flagship product is the 7-axis Rizon robot; the company also offers the Moonlight parallel robot and Grav adaptive grippers. Flexiv robots are used in industrial manufacturing, automotive and logistics, among others. In June 2022 the company reached unicorn status. Flexiv operates offices in the US, China, Germany and Singapore.

  • Shiquan Wang

    Co-founder & CEO

    Comes from the Robotics and AI Lab at Stanford University.

02 · What they do

Domain of activity

2 areas · 4 technologies · 4 industries
What they do2Areas
  • Industrial robots
  • Embodied AI
How they do it4Technologies
  • Robotics
  • Embodied AI
  • Computer vision
  • Reinforcement Learning
Who for4Industries
  • Industrial manufacturing
  • Automotive
  • Logistics & warehousing
  • Robotics
03 · Geography

Global presence

HQ Santa Clara · 8 offices · 4 regions
GlobalUSAChinaEurope
04 · Metrics

Scale & funding

founded 2016 · Series B+
2016founded
Over $100 milliontotal funding
Series B+latest round
growthdevelopment stage
Privatenot listed
activestatus
Over $100 million
total funding
2 · 2020–2022
Series BDecember 2020Plug and Play Ventures, Gaorong Capital, YF Capital, Meituan
Over $100 million
Series B+June 2022Round after which the company reached unicorn status.
$100 million
07 · Classification

Profile & metadata

4 classification · 4 external links

Classification

  • Statusactive
  • Development stagegrowth
  • Listed onNoprivate
  • Organization typeRobotics company+ Hardware vendor