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2024-03-09

Cambrian Robotics obtains seed funding to provide vision for complex tasks

In a major stride towards revolutionizing the realm of robotics, Cambrian Robotics Ltd., a trailblazing machine vision startup, has announced the successful completion of a $3.5 million seed+ funding round. This strategic investment will fuel the company's relentless pursuit of developing an artificial intelligence platform that empowers robot arms to surpass human capabilities in complex vision-based tasks across a vast array of industries.

 

 

Cambrian Robotics' cutting-edge technology promises to unlock unprecedented automation capabilities, particularly in advanced manufacturing and quality assurance sectors that demand unwavering precision and accuracy within dynamic environments. With offices in London, Augsburg, Germany, and the United States, the company is poised to disrupt global markets with its visionary approach.

At the helm of Cambrian Robotics is CEO Miika Satori, who leads an executive team boasting over 50 years of combined experience in the fields of AI and robotics. Joao Seabra, the company's chief technology officer, is an award-winning roboticist, while Dr. Alexandre Borghi, head of AI, previously spearheaded research teams at a $3 billion AI chip startup, underscoring the depth of expertise driving Cambrian's innovations.

"We are incredibly excited about the possibilities that our recent fundraising opens up," said Satori. "Our primary goals are to enhance the scalability of the product and strengthen our sales and operations in our main target markets. In addition, we are bringing new AI-vision-based skills to robot arms, further pushing boundaries in the field of robotics. We are equally thrilled to begin collaborating with our new investors, whose support is pivotal in driving these advancements forward."

Cambrian Robotics' AI-driven vision software and camera hardware are already enabling existing robots to automate complex tasks that were previously only achievable through manual methods. The company's systems empower robots to execute intricate assembly processes, bin picking, kitting, and pick-and-place operations with unmatched accuracy in any lighting condition – a true breakthrough compared to current industry-leading AI vision capabilities.

Remarkably, Cambrian's technology can be installed in about half a day, works seamlessly with all major industrial and collaborative robots, and can pick microparts with pinpoint precision in less than 200 milliseconds. Moreover, the company's unique offering extends to picking a wide range of parts, including transparent, plastic, and shiny metal components, setting it apart from competitors.

Appliance manufacturers globally have already embraced Cambrian's solutions for monitoring quality assurance and detecting manufacturing defects that were previously imperceptible to the human eye. The company is actively testing and deploying its vision systems with industry leaders such as Toyota, Audi, Suzuki, Kao, and Electrolux, garnering recognition for its transformative potential.

"Although in our factories we have a high level of automation, we still have an important quantity of flexible components and manual processes, which add variability," said Jaume Soriano, an industrial engineer at Electrolux Group. "Cambrian helps us keep moving toward a more automated manufacturing reality while being able to deal with variable scenarios."

Cambrian Robotics' seed+ funding round was led by Cybernetix Ventures and KST Invest GmbH, with participation from Yamaha Motor Ventures and Digital Media Professionals (DMP). Fady Saad, founder and general partner of Cybernetix, who will join Cambrian's board of directors, expressed enthusiasm for the company's unique capabilities, stating, "Machine vision is a crowded space, but Cambrian has strong differentiation with its unique ability to identify small and transparent items with proprietary visual AI software. Miika and his exceptional team have also managed to bring the product to market with active revenue from top brands."

Cybernetix Ventures, a Boston-based venture capital firm, invests in early-stage robotics, automation, and industrial AI startups poised to make significant impacts in sectors such as advanced manufacturing, logistics/warehousing, architecture, engineering, construction, and healthcare/medical devices.

KST Invest, a private fund established by one of the owner families of a leading German industrial automation firm, shares a similar vision, stating, "Innovation is the livelihood of any business in industrial automation, specifically the combination of vision and robotics."

Cambrian Robotics is also backed by ff Venture Capital (ffVC), which invested in the company's seed round after Cambrian graduated from ffVC's AI Nexus Lab accelerator in partnership with New York University's Tandon School of Engineering in Brooklyn.

As the demand for automation and advanced manufacturing solutions continues to soar, Cambrian Robotics' groundbreaking vision-driven robotic arms are poised to reshape industries, delivering unprecedented precision, efficiency, and capabilities that transcend human limitations. With the backing of esteemed investors and a team of visionary experts, Cambrian Robotics is well-positioned to lead the charge in ushering in a new era of robotics, where the boundaries of what is possible are continually redefined.

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