# RobCo acquires Rapid Robotics: acquisition

Canonical ID: `9e01bf92-ae78-4a38-873e-0e966f73a541`

RobCo acquired assets of Rapid Robotics after the latter shut down. Rapid had raised $50M+.

- **Structure:** asset purchase
- **Status:** completed
- **Valuation:** undisclosed
- **Verification posture:** reported

## Parties

- **Acquirer:** [RobCo](https://registry.deploy.report/companies/robco.md)
- **Acquired:** [Rapid Robotics](https://registry.deploy.report/companies/rapid-robotics.md)

## Timeline

- **Announced:** 2024-01-01
- **Closed:** 2024-02-01

## Sources (1)

1. https://fprimecapital.com/wp-content/uploads/2026/03/State-of-Robotics-2026.pptx.pdf


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