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Soft Robotics (Oxipital AI) Company Profile: Name Change, Schmalz Sale and Strategy

Oct 11
2 min read

Updated: Oct 15

Soft Robotics (Oxipital AI) company logo
Soft Robotics (Oxipital AI) logo.

Soft Robotics Inc., the American company known for its soft, flexible robot grippers, changed its name to Oxipital AI in August 2024 and sold the gripper business to Schmalz. This profile sets out what changed, who owns what, and what the company does now.

Soft Robotics and Oxipital AI at a Glance

Fact

Detail

Former name

Soft Robotics Inc.

Current name

Oxipital AI, since August 2024

Base

Boston area, Massachusetts, USA

Original business

Soft gripping, 3D vision and AI for industrial automation

Gripper business sold to

The Schmalz Group, Germany

Current focus

AI-enabled vision systems for the food industry

President and CEO

Mark Chiappetta

What Happened in 2024

In August 2024 the company announced two linked moves. It sold its soft gripping business to the Schmalz Group, the German vacuum technology company based in Glatten, which thereby gained sole ownership of the soft, modular gripper line that Soft Robotics had designed and made. The price was not disclosed. At the same time it relaunched under the name Oxipital AI with a narrower strategy.

Before

After

Soft grippers, 3D vision and AI

AI vision only

Sold complete picking solutions

Supplies vision systems that machine builders pair with any end-of-arm tool

Soft Robotics Inc.

Oxipital AI

The two companies said they would continue to work together on applications that combine soft grasping and AI.

Oxipital AI Today

Oxipital AI concentrates on vision systems for inspection, bin picking and sorting in food production. It says the systems are easy to integrate and can be run by staff with little machine learning experience.

For Buyers of Soft Robotics Grippers

The soft gripper range is now a Schmalz product line. Schmalz, whose main business is vacuum automation and ergonomic handling, described the food industry as a growth market when it made the purchase.

Strengths and Challenges

Strengths

  • A clearer focus on one technology and one industry.

  • A continuing partnership with Schmalz.

Challenges

  • A smaller business after the sale of its best-known product.

  • A new brand to establish.

Soft Robotics FAQ

Does Soft Robotics Inc. still exist?

The company continues under the name Oxipital AI, which it adopted in August 2024.

Who makes Soft Robotics grippers now?

The Schmalz Group, which bought the soft gripping business in 2024.

What does Oxipital AI do?

It makes AI-enabled vision systems for inspection, bin picking and sorting in the food industry.

Who is the CEO of Oxipital AI?

Mark Chiappetta.

How much did Schmalz pay for the gripper business?

The price was not disclosed.

Sources

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