Standard Bots has raised $200 million in new financing to increase manufacturing of robotic arms in the United States, according to people familiar with the deal. The startup is valued at $1 billion in the round, underscoring investor appetite for robotics companies building with artificial intelligence.
The funding comes as the U.S. looks to strengthen its position in advanced robotics while China continues to move quickly in the sector. Standard Bots is among a growing group of startups applying AI to make robots more capable in industrial settings and beyond.
General Catalyst and RoboStrategy, a robotics-focused investment fund, led the round. The company is expected to announce the financing on Tuesday, the report said.
Standard Bots had previously raised $63 million nearly two years ago. That earlier financing did not include a disclosed valuation. The latest round marks a significant step up in both capital and market value for the startup.
The company’s plan is centered on expanding production of robotic arms in the U.S., rather than relying on overseas manufacturing. That strategy fits into a broader push by American companies and investors to build more of the robotics supply chain domestically.
Robotic arms remain a core part of factory automation, and interest in the category has risen alongside broader enthusiasm for AI-enabled hardware. Investors have increasingly looked for companies that can combine software intelligence with physical machines that can operate in real-world environments.
Standard Bots has positioned itself within that trend. Its technology aims to bring more sophistication to robots through artificial intelligence, making them more useful for tasks that require flexibility and decision-making.
The latest funding round adds to the flow of money into robotics startups at a time when AI remains one of the hottest themes in venture capital. While many AI companies focus on software, robotics firms are attracting attention for bringing those capabilities into the physical world.
The interest also reflects a geopolitical backdrop. U.S. policymakers and investors have increasingly emphasized the need to keep pace with China in advanced manufacturing and robotics. Companies like Standard Bots are being funded in part because they could help narrow that gap.
The new valuation at $1 billion also places Standard Bots among the higher-profile startups in the sector. That level of backing suggests investors see room for rapid growth if the company can scale production and win customers for its robotic arms.
For now, the funding gives Standard Bots more resources to build out manufacturing capacity in the U.S. and to compete in a robotics market that is drawing fresh capital and strategic attention.