# Veo

**Source:** https://www.startuphub.ai/startups/veo
**Profile type:** Startup

> Veo Robotics provides a free-space optical communication system for industrial robots.

## About

Veo Robotics offers a wireless, free-space optical communication system that enables industrial robots to move freely within a factory floor. Their technology allows for greater flexibility and efficiency in manufacturing by eliminating the need for physical tethers, enabling robots to collaborate and adapt to changing production needs.

## Key facts

- **Slug:** veo
- **Website:** https://www.veo-robotics.com/
- **Location:** Waltham, United States
- **Founded:** 2016-01-01
- **Operating status:** Inactive
- **Total funding:** $70M
- **Sectors / tags:** Robotics, Industrial Automation, Manufacturing Technology, Wireless Communication, Edge AI, Computer Vision

## Frequently asked

### What does Veo do?

Veo Robotics offers a wireless, free-space optical communication system that enables industrial robots to move freely within a factory floor. Their technology allows for greater flexibility and efficiency in manufacturing by eliminating the need for physical tethers, enabling robots to collaborate and adapt to changing production needs.

### What is Veo's revenue?

StartupHub estimates Veo's annual revenue at $21.5M (range $8.9M to $38.0M, 30% confidence), based on comparable companies in the sector.

### What is Veo's valuation?

StartupHub estimates Veo's effective valuation at $264.8M (range $175.0M to $420.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has Veo raised?

Veo has raised a total of $70M in funding. The most recent round on record is Series B.

### Where is Veo headquartered?

Veo is headquartered in Waltham, United States.

### When was Veo founded?

Veo was founded in 2016.

### What industry does Veo operate in?

Veo operates in Robotics, Industrial Automation, Manufacturing Technology, Wireless Communication, Edge AI, Computer Vision.

### What is Veo's current status?

Veo's current operating status is: Inactive.

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