Robotics companies

Universal Robots

Makes collaborative robot arms and the PolyScope software platform, including an AI Accelerator toolkit for perception-based applications.

Headquarters

Odense, Denmark

Founded

2005

Ownership

Owned by Teradyne (Nasdaq: TER)

Latest deal

Acquired by Teradyne

May 13, 2015

Is Universal Robots a public company?

No. Universal Robots is owned by Teradyne, which agreed to buy it in May 2015 for $285 million. Teradyne itself is listed on Nasdaq as TER.

Source: Teradyne (press release, SEC filing), May 13, 2015 · Teradyne · Teradyne (press release), Apr 28, 2026

What Universal Robots does

Universal Robots makes collaborative robots (cobots), accessories and what it calls Physical AI solutions. The company was founded in 2005 and lists its headquarters in Odense, Denmark.

Teradyne's 2015 announcement described its cobots as low-cost, easy-to-deploy and simple-to-program robots that work side by side with production workers. Universal Robots reported revenue above $38 million in 2014, per that announcement.

On the factory floor, Universal Robots says the UR20 handles arc welding, machine tending, material handling and palletizing, and also lists electronics, automotive, metal fabrication and food and beverage as applications.

Products

UR20

A collaborative robot with a 20 kg payload (25 kg extended) and 1,750 mm reach, used for welding, machine tending and palletizing, according to Universal Robots.

e-Series

Universal Robots' lightweight robot family, designed for compact portability across a range of industrial applications, according to the company.

UR Series

The company's heavy-duty collaborative robot family for higher payloads and extended reach, according to Universal Robots.

g-Series

A robot family Universal Robots describes as the foundation for scalable automation.

Funding and ownership history

DateEventAmountValuationSource
May 13, 2015Teradyne agrees to acquire Universal Robots$285 million, plus up to $65 million tied to targetsNot disclosedTeradyne press release (SEC filing)

Valuations marked "press report" come from the named outlet, not from Universal Robots.

Where Universal Robots is deployed

All deployments · Only projects with a named customer and a public source are listed.

Universal Robots in the digest

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Terms to know

Cobot · Physical AI · Machine vision

Other robotics companies

Agility Robotics · Boston Dynamics · FANUC · Figure AI · Formic · KUKA · Mujin · Physical Intelligence · Yaskawa Electric

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