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[Standard Bots Completes $200 Million Financing to Manufacture Robots Domestically in the U.S.] BlockBeats News, June 9, according to Bloomberg, Standard Bots has completed a new round of $200 million financing to expand the production scale of robotic arms in the United States. As the U.S. accelerates its efforts to catch up with China in the advanced robotics sector, the company is speeding up its capacity layout. This round of financing was led by General Catalyst and the robotics-focused RoboStrategy fund, bringing Standard Bots' valuation to $1 billion. Approximately two years ago, the company raised $63 million, though its valuation was not disclosed at that time. [Original Link]