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Eureka Robotics, the group behind the ‘IkeaBot’, picks up $4.25M – TechCrunch

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Bear in mind the IkeaBot? The robotic went viral for its skill to construct Ikea furnishings as effectively (or higher) than people can. The group behind the mission went on to discovered Eureka Robotics, which introduced at present that it has raised a pre-Sequence A spherical of $4.25 million, led by The College of Tokyo Edge Capital Companions (UTEC), one among Asia’s largest deep-tech funding companies, with participation from Vietnam’s Touchstone Companions and returning investor ATEQ.

Eureka Robotics’ merchandise are primarily based on analysis from Nanyang Technological College in Singapore and MIT. It focuses on robotic software program and techniques to automate duties that require Excessive Accuracy and Excessive Agility (HAHA). Its robots are used for precision dealing with, meeting, inspection, drilling and different duties.

The Eureka Controller’s Excessive-Accuracy calibration synchronizes the reference frames of the robotic and digicam with excessive accuracy, enabling sub-millimeter accuracy on vision-guided duties, whereas Power Management offers the robotic the power to carry out tight meeting and insertion, with clearance all the way down to 50 micron. In the meantime, its Excessive Agility entails laptop imaginative and prescient that permits robots to acknowledge and find randomly-placed objects. As soon as the robotic finds the place of an object, real-time movement planning helps it transfer in direction of it.

An instance of how the Eureka Controller can be utilized is the Archimedes, which deployed applied sciences initially developed for the Ikea Robotic to a store ground for the primary time. It’s able to dealing with multiple-sized lenses and mirrors and loading these delicate objects onto a tray in an effort to be coated. Eureka co-founder Dr. Pham Quang Cuong informed TechCrunch that the Archimedes is at the moment working in a manufacturing facility in Singapore, serving a U.S. laser lens producer, and that the corporate has acquired a number of follow-up orders of the robotic.

The funding will likely be used on accelerating growth of Eureka Controller, the corporate’s flagship product, which permits factories to deploy HAHA duties in System Integrators and factories. Eureka co-founder Dr. Pham stated that “whereas the core applied sciences are mature and have already been deployed in manufacturing, we need to make these applied sciences very easy to make use of by System Integrators. Making superior applied sciences simple to make use of by non-programmer engineers is definitely troublesome.” A part of the funding will likely be used to develop Eureka Robotics’ software program engineering group and product groups to work on the Eureka Controller.

Eureka Robotics additionally plans to develop its commercialization in Singapore and China, and new markets like Japan and Vietnam, with the assistance of UTEC and Touchstone, respectively. It at the moment has workplaces in Singapore and France and distribution companions in China, Japan and the U.S.

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