Standard Bots has completed a $200 million financing round to support the domestic production of robots in the United States.

BlockBeats News, June 9th, according to Bloomberg, Standard Bots has completed a new round of financing of $2 billion to expand the production scale of its robotic arms in the United States. As the U.S. accelerates its catch-up in the field of advanced robots against China, the company is speeding up its capacity layout.

This round of financing was led by General Catalyst and the RoboStrategy Fund, which focuses on the robotics sector, bringing Standard Bots' valuation to $10 billion. About two years ago, the company raised $63 million in funding, but the valuation was not disclosed at that time.