GrayMatter Robotics, a company specializing in advanced robotics and AI software for manufacturing, has raised US$45Mn in Series B funding. The round was led by Wellington Management, a Boston-based investment firm with over US$1Tn under management, with participation from NGP Capital, Euclidean Capital, Advance Venture Partners, and SQN Venture Partners. Existing investors 3M Ventures, B Capital, Bow Capital, Calibrate Ventures, In-Q-Tel (IQT), OCA Ventures, Pathbreaker Ventures, Stage Venture Partners, and Swift Ventures also participated in the round.

Based in Los Angeles, California, GrayMatter Robotics addresses surface treatment and finishing challenges faced by high-mix, high-variability manufacturers. The company's GMR-AI™ technology integrates into smart robotic cells designed to assist humans in performing tedious and ergonomically challenging tasks.

In the past two years, the company has deployed systems across North America, supporting industries such as aerospace, defense, specialty vehicles, marine, metal fabrication, sports equipment, furniture, and sanitary ware. The company has processed over 7.5 million square feet of surface area, demonstrating operational efficiency and impact.

Ariyan Kabir, Co-founder and CEO of GrayMatter, stated, "Our team at GrayMatter Robotics is committed to improving the quality of lives, preventing stagnation of economic growth, enabling sustainability, and protecting national interests."  Kabir is a graduate of Bangladesh University of Engineering and Technology (BUET).

The new funding will enable GrayMatter Robotics to accelerate the deployment of its systems and expand its reach across more industries, enhancing its mission to improve human productivity and quality of life through robotics. In addition, the company has been recognized as one of the top 50 Best Places to Work in LA by BuiltIn and received the RBR50 Award in 2022 for its innovation in the robotics market.