Built in Massachusetts, now backed by Massachusetts 💰

Some news worth celebrating: RISE Robotics has been awarded a START grant from MassVentures, funded by the Commonwealth of Massachusetts! 🎉

The Small Business Innovation Research (SBIR) Targeted Technologies (START) program exists to help deep tech companies turn federally funded research into commercial products. Out of a record number of applicants this year, 26 Massachusetts startups were selected. RISE is one of them.

Here's why this matters for our investors:

💰 100% non-dilutive capital. This funding fuels our commercialization without giving up a single share. Every dollar strengthens the equity investors hold.

📈 Award can grow to $800,000. START is a multi-stage program. Our Stage I award is $100,000, and companies that deliver can advance to Stage II ($200,000) and Stage III ($500,000). 

🤝 Joined an elite club. Since 2012, START has backed 157 companies that have gone on to raise more than $5 billion in private capital. MassVentures has ranked RISE among the top startups developing cutting edge technologies in the state.

You can read the full announcement from MassVentures here →

The grant confirms what our 3,000+ investors already see: fluid-free, high-efficiency actuation is the future of heavy machinery, and RISE is at the forefront.

If you believe in where we're headed, now is a great time to invest or increase your investment at invest.riserobotics.com. 

Here's to building the future of heavy machinery, together. 🦾