Veo Robotics raises $12 million to help machines and humans collaborate more efficiently

BÉRÉNICE MAGISTRETTI for VentureBeat:  Veo Robotics, which is building a smarter, more intuitive robotics system for industrial applications, announced today that it has secured $12 million in funding. Lux Capital and GV co-led this round, with participation from existing investor Next 47 — a venture firm created by Siemens.

Founded in 2016, the Cambridge, Massachusetts-based startup provides AI-powered software that tells machines how to act and respond to humans in a manual labor setting. The system is paired with hardware, which includes a GPU compute engine and distributed 3D sensors.

“Our system builds a unified, semantic representation of what is happening in the workcell — where the robots are, where the people are, where the workpieces are,” wrote Veo Robotics cofounder and CEO Patrick Sobalvarro, in an email to VentureBeat. “It then projects into the future where those elements could move in the next 100 milliseconds and uses intelligent controls to override the robot programming and make it responsive to the human worker’s presence.”  Full Article:

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

New stepper motor AM3248: exceptionally high speed and dynamics

New stepper motor AM3248: exceptionally high speed and dynamics

The FAULHABER stepper motor AM3248 raises the bar in terms of performance and dimensions. Offering up to 10,000 rpm, it achieves five times the speed of comparable stepper motors. Combined with a gearhead reduction of 100:1, it supplies a torque of 5 Nm. With a diameter of just 32 mm, it is suited for a wide range of applications in areas such as aerospace, laboratory automation, the semiconductor industry, robotics and 3D printing. Learn more!