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Misty Robotics
Hardware company that builds personal robots for homes and offices
About Misty Robotics
Misty Robotics, founded in 2017 as a spin-off from the consumer robotics company Sphero, is focused on creating a versatile and programmable robot platform for developers, educators, and researchers. The company was established by Ian Bernstein, co-founder of Sphero, who was instrumental in developing the popular Sphero robotic ball and the BB-8 toy robot for Disney. Bernstein's journey began with a childhood passion for electronics and robotics, leading him to co-found Sphero in 2010 to build app-enabled robots before envisioning a more sophisticated platform, which became Misty.
The company's core product is the Misty II robot, a professional-grade platform designed to lower the barrier of entry for creating and experimenting with social robots. The business model is centered on selling this hardware platform to a diverse client base, including software developers, STEM educators, academic researchers, and businesses exploring human-robot interaction. By providing a robust set of development tools, documentation, and open APIs, Misty Robotics empowers users to build and share new skills and applications, fostering a community-driven ecosystem. Revenue is generated through the direct sale of the Misty II robot, which was initially launched via a crowdfunding campaign before a public release in late 2019.
The Misty II robot stands 14 inches tall and is equipped with a wide array of sensors and hardware, including a 4K camera, a structured light sensor for 3D mapping (SLAM), a far-field microphone array, capacitive touch panels, and multiple processors. It can navigate autonomously, recognize faces, process voice commands, and display a range of expressions on its LCD face. Developers can program Misty using JavaScript and Python, and hardware can be extended with add-ons like an Arduino backpack, allowing for significant customization. This enables a wide variety of applications, from serving as a teaching assistant in special education to a temperature screening assistant in workplaces or a greeting concierge.
In January 2022, the business assets of Misty Robotics were acquired by the Swedish social robotics company Furhat Robotics. The acquisition was a strategic move to establish a U.S. base for Furhat and to combine the expertise of both teams to accelerate the development of social robots. The Misty brand and product line continue to be supported and developed under Furhat's ownership, with plans to integrate features from both platforms. Ian Bernstein joined Furhat's advisory board as part of the acquisition.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2017
- Headquarters
- Boulder, United States
- Employees
- 12
- Open positions
- None listed
- Dealroom signal
- 83.1/100
- Industry
- Robotics
- Sector
- Robotics, Hard Tech, DT and LS, science-based
- Technology
- Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Jan 2022 | $0 | — | Furhat Robotics | ↗ |
| SERIES A✓Equity / VC | Dec 2018 | $11M | $44M | Venrock · Foundry | — |
Growth signals
Latest recorded traffic for Misty Robotics is 5.5K monthly website visits, down 50% over the last three months. Misty Robotics's team grew 20% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Other known investors8 additional known investors
Furhat Robotics
Calibrate Ventures
Frontier Venture Capital
Great North Labs
Harsh Patel
Riyadh Techstars Accelerator
Techstars
Wireframe Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Misty Robotics on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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