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Universal Robots - About the company

Universal Robots is an acquired company based in Odense (Denmark), founded in 2005 by Esben Ostergaard, , and . It operates as a Provider of collaborative robot arms. Universal Robots has raised $5.31M in funding from Vaekstfonden and Syddansk Innovation, with last known valuation of $6.01M. The company has 678 active competitors, including 116 funded and 71 that have exited. Its top competitors include companies like Vicarious, Agile Robots and Yaskawa.

Company Details

Provider of collaborative robot arms. The products can be used for multiple applications such as manipulator, packaging palletizing, lab analysis, testing, gluing, welding, gripper, or handle.
Website
Social
Email ID
@universal-robots.com
Phone Number
+45
Key Metrics
Founded Year
2005
Location
Odense, Denmark
Stage
Acquired
Total Funding
in 7 rounds
Latest Funding Round
Last Known Valuation
as on Apr 14, 2015
Investors
Ranked
5th among
Similar Companies
Exit Details
Acquired by (May 13, 2015)

Legal entities associated with Universal Robots

Universal Robots is associated with 11 legal entities given below:
Legal Entity Name
Date of incorporation
Revenue
Net Profit
Employee Count
Nov 20, 1992
-
941
474
Feb 22, 2010
-
505
279
Jun 19, 1996
-
554
590
Aug 30, 2017
-
582
317
Oct 15, 2013
-
147
871
Jan 27, 2023
-
182
520
Oct 03, 2005
-
210
303
Dec 31, 2006
-
715
626
May 06, 2015
-
855
166
Oct 03, 2005
$307M (as on Dec 31, 2023)
170
172
Jan 30, 2014
$746K (as on Mar 31, 2017)
203
151
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Universal Robots's acquisition details

Universal Robots got acquired by on May 13, 2015 at an acquisition amount of $285M. It was facilitated by Stifel.
Click to take a look at Universal Robots's acquisition in detail

Universal Robots's funding and investors

Universal Robots has raised a total funding of $5.31M over 7 rounds. Its first funding round was on Oct 05, 2005.

Universal Robots has 5 institutional investors including Vaekstfonden, Syddansk Innovation and . Enrico Krog Iversen and 1 other are Angel Investors in Universal Robots.

Here is the list of recent funding rounds of Universal Robots:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
Apr 14, 2015
$336K
Seed
1737886
2012122
-
Feb 12, 2014
$95.3K
Seed
4441570
6516494
-
Feb 18, 2011
$1.13M
Seed
5544762
4989538
-
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Universal Robots's founders and board of directors

The founders of Universal Robots are Esben Ostergaard, , and . is the CEO of Universal Robots. Esben Ostergaard has founded 1 more company - Lifeline Robotics. has founded 1 more company - Flow Robotics.
Universal Robots's board has 6 active members. , and are part of team and Michael Callahan, and are independent board members.

Universal Robots's Competitors and alternates

Top competitors of Universal Robots include Vicarious, Agile Robots and Yaskawa. Here is the list of Top 10 competitors of Universal Robots, ranked by ÃØÃÜÑо¿Ëù score :
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for Vicarious
Vicarious
2010, San Francisco (United States), Acquired
Developer of AI-based robotic arms
$250M
Samsung Venture Investment, DCVCÌý&²¹³¾±è;Ìý
73/100
2nd
Logo for Agile Robots
Agile Robots
2018, Munich (Germany), Series C
Provider of a ML based solution for enabling autonomous robots to create perception of their surroundings
$250M
Sequoia Capital, HillhouseÌý&²¹³¾±è;Ìý
69/100
3rd
Logo for Yaskawa
Yaskawa
1915, Kitakyushu (Japan), Public
Manufacturer of industrial robot system for multiple applications
-
-
68/100
4th
Logo for Gecko Robotics
Gecko Robotics
2013, Pittsburgh (United States), Series C
Develops a wall climbing robot for inspections
$229M
Next47, Founders FundÌý&²¹³¾±è;Ìý
67/100
5th
Logo for Universal Robots
2005, Odense (Denmark), Acquired
Provider of collaborative robot arms
$5.31M
IFU, VaekstfondenÌý&²¹³¾±è;Ìý
66/100
6th
Logo for Berkshire Grey
Berkshire Grey
2013, Boston (United States), Acquired
Provider of solutions for automated material handling robots
$263M
Canaan, SoftBank GroupÌý&²¹³¾±è;Ìý
65/100
7th
Logo for Osaro
Osaro
2014, San Francisco (United States), Series C
Provider of pick and place robotic solutions
$86.8M
Comcast Ventures, AME Cloud VenturesÌý&²¹³¾±è;Ìý
64/100
8th
Logo for Rethink Robotics
Rethink Robotics
2008, Boston (United States), Acquired
Collaborative robot for manufacturing sector
$150M
64/100
9th
Logo for Collaborative Robotics
Collaborative Robotics
2022, Santa Clara (United States), Series B
Provider of human robots
$140M
Industry Ventures, Sequoia CapitalÌý&²¹³¾±è;Ìý
64/100
10th
Logo for Comau
Comau
1973, Turin (Italy), Acquired
Manufacturer of automation and robotic systems
-
One Equity Partners, Ìý&²¹³¾±è;Ìý
64/100
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Universal Robots's Investments and acquisitions

Universal Robots has made no investments or acquisitions yet.

Reports related to Universal Robots

Here is the latest report on Universal Robots's sector:
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News related to Universal Robots

Media has covered Universal Robots for a total of 23 events in the last 1 year, 15 of them have been about company updates and 5 about partnerships.
•
RoboticsTomorrow•Mar 26, 2025•, Universal Robots
•
manufacturing-supply-chain.com•Mar 17, 2025•Sick, Universal Robots
•
The Robot Report•Mar 12, 2025•CAPTRON Electronic, Universal Robots
•
The Robot Report•Dec 12, 2024•Universal Robots
•
wileyindustrynews.com•Dec 05, 2024•Universal Robots
•
China Daily•Nov 28, 2024•Universal Robots
•
Devdiscourse•Nov 25, 2024•Universal Robots
•
PANews•Nov 18, 2024•Universal Robots, Hengxu Capital, , Shenzhen Capital Group and 4 others
•
RoboticsTomorrow•Nov 14, 2024•Universal Robots, CAPTRON Electronic
•
TMTpost•Nov 05, 2024•Physical Intelligence, OpenAI, Thrive Capital, Lux Capital and 10 others
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