World News – UA – Robust AI Raises $ 15 Million Series A to Improve Collaborative Robot Problem Solving

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RobusteAI today announced that it has raised a $ 15 million Series A, led by Jazz Venture Partners Existing partners Playground Global, Liquid2, Fontinalis, Jaan Tallinn and Mark Leslie have also entered the round , which brings funding for Bay Area-based robotics AI start-up to $ 22.5 million

Founded in mid-2019, the company counts Rodney Brooks among its C-level executives iRobot co-founder is the startup’s technical director, following the unexpected shutdown of promising (but financially unsustainable) Rethink, who gave the world the Baxter and Sawyer robots (Helen Greiner, co-founder of iRobot, has also landed in a new company in recent months) CEO Gary Marcus, meanwhile, is also the co-founder of Geometric Intelligence, who was acquired by Uber in 2016

At the heart of Robust AI plans to build « the world’s first industrial-grade cognitive engine for robots », essentially providing collaborative robots with sufficient problem-solving capacity to work effectively alongside humans

The company is still fairly new, but a lot of investments in robotics and automation have apparently been accelerated by a pandemic that has crippled much of the human workforce Robust’s stated mission is to revise the software stack that runs many of these machines, in order to make them work better in often complex environments

« Finding the fit for the market is as important in robots and AI systems as it is with any other product, » Brooks said in a statement “We’re creating something that we think most robotics companies will find compelling, taking solutions from single-use tools that work today in defined environments, to very useful systems that can run. in our world and all its subtleties »

Artificial intelligence, financing, robotics, robot, start-up, venture capital

World news – UA – Robuste AI raises $ 15 million Series A to improve problem solving of collaborative robots
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RobusteAI Raises $ 22.5 Million to Build World&’s First Industrial-Grade Cognitive Engine for Robotics
RobusteAI Raises $ 15 Million in Series A Funding


SOURCE: https://www.w24news.com

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