Boston, MA – August 14, 2024 – RightHand Robotics, Inc., a leader in autonomous AI robotic picking solutions for order fulfillment, is thrilled to announce that it has secured new funding, further strengthening the company’s position in the market. In conjunction with this funding, co-founder Yaro Tenzer has been appointed as CEO, effective August 1, 2024. Former CEO Brian Owen is planning to continue his involvement as a trusted advisor and investor.
The new investment comes at a crucial time for RightHand Robotics, enabling the company to accelerate its growth and expand the reach of its flagship product, RightPick 4. This piece-picking solution is recognized as the most productized, autonomous, and robust on the market. Tenzer’s return to leadership, combined with the fresh capital infusion, positions the company to continue solving real-world challenges for logistics and warehousing customers.
Commenting on the developments, Yaro Tenzer stated, “The recent collaboration between existing and new investors has been instrumental in securing the resources needed to address the realities of the logistics market. This funding allows us to scale internationally and continue meeting the growing demand for our solutions.”
The restructuring and funding round highlight RightHand Robotics’ commitment to delivering cutting-edge solutions that drive efficiency, autonomy, and order accuracy in order fulfillment. Arunas Chesonis, a partner at Safar Partners, added, “We are excited to continue supporting the company on its journey as the obvious choice for piece-picking robotics in supply chain logistics.”
With this new funding and leadership in place, RightHand Robotics is poised to further its industry leadership and deliver innovative solutions that meet the evolving needs of its customers. More exciting developments will be announced in the near future.
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About RightHand Robotics, Inc.
RightHand Robotics (RHR) builds a data-driven intelligent picking platform, providing flexible and scalable automation for predictable order fulfillment. The RightPick system, their robotic piece-picking solution, enables retailers to rise up to the new realities of online commerce. The company is based in Charlestown, Massachusetts, outside of Boston. For more information, visit www.righthandrobotics.com/ or follow the company @RHRobotics.
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RightHand Robotics, Inc.
https://righthandrobotics.com/
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