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Home AI & Robotics

Micropsi Industries Raises $30M in Series B Funding

New York Tech Editorial Team by New York Tech Editorial Team
February 10, 2022
in AI & Robotics
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Micropsi Industries Raises $30M in Series B Funding
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Micropsi Industries

Micropsi Industries, a Berlin, Germany- and New York City-based robotics software company, closed its $30M Series B funding round.

New investors Metaplanet, VSquared and Ahren Innovation Capital co-led the funding round. Existing investors Project A Ventures and M Ventures also participated.

The new funding is going to be used to expand operations in the US, ramp up sales efforts and expand to more robot platforms.

Led by Ronnie Vuine, CEO and co-founder, Micropsi Industries is a software company at the forefront of innovation in robotic automation for manufacturing, with a particular emphasis on assembly tasks. By using cameras and sensors to react in real-time to dynamic conditions in a workspace, robots can be trained by humans to perform hand-eye-coordinated actions in industrial environments. MIRAI is deployed in assembly, material handling and quality control applications in a wide range of industries. Companies like Siemens Energy; ZF Group, one of the largest automotive suppliers in the world, and BSH, the largest manufacturer of home appliances in Europe, are already using MIRAI in their production halls.

The company has recently hired robotics expert Prof. Dominik Bösl as managing director to be in charge of the company’s ambitious technology roadmap. Prof. Bösl previously held positions at Festo, Kuka, and Microsoft.

FinSMEs

10/02/2022

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