Peer Robotics participated in the Stanley+Techstars Accelerator in early 2021. The startup is now creating a presence in Hartford. MetroHartford Alliance Content Manager Nan Price spoke with CEO and Co-Founder Rishabh Agarwal about his experience.
NAN PRICE: How did Peer Robotics become involved with the Stanley+Techstars Accelerator?
RISHABH AGARWAL: In January 2019, we started building our robots and doing some of the operations with leading automobile manufacturers in India and we saw that there was huge potential.
By that time, we had connected to the Stanley+Techstars Accelerator program. Stanley Black & Decker appreciated our idea and vision to build systems that are easier for humans to work along with and work on those human robot interaction platforms. We felt this was the right platform for Peer Robotics to build our platforms and start adding value in the U.S. manufacturing industry.
In December of 2020, we decided to move to the United States as part of the Stanley+Techstars Accelerator program. They supported us with our operations in the U.S. side in terms of talking to different users, comprehending their challenges, and finally now shifting to the U.S. side.
NAN PRICE: Tell us about your plans for creating a U.S. presence with the company.
RISHABH AGARWAL: We’ll still have our manufacturing operations in India. Our assembly and deployment and customer segment will be based out of Hartford. As we start to expand in the United States, we’ll be hiring deployment engineers, development engineers, and sales and marketing team members from the Hartford Region.
We’ll be hiring from this network because we wanted to get closer to the factories, the field, and the people who have already been working in this area. That’s our strategy for expansion.