Apptronik, an Austin-based robotics firm specializing within the growth of exoskeletons and collaborative robotics techniques, says it raised $14.6 million in a Seed Spherical, together with Capital Manufacturing unit, Grit Ventures, Perot Jain and different strategic traders.
This funding will go towards fulfilling the corporate’s present buyer orders whereas accelerating the commercialization of one of many business’s first mass-produced humanoid robots able to working alongside people.
Apptronik is positioned to scale its deep portfolio of protected, clever, versatile, and adaptable robotic know-how for unstructured environments throughout enterprises.
Already, the corporate has delivered many profitable human-centered robots to {the marketplace}, a number of of which at present function inside Fortune 50 enterprises together with manufacturing, automotive, provide chain, protection and extra.
Apptronik’s core mission is to construct robots which are teammates for humankind. Whereas many firms are creating particular objective robots to deal with a slender set of duties and purposes, Apptronik is specializing in common objective robots that may carry out a variety of duties in a world designed for people.
Apptronik robots aren’t solely brilliantly engineered, however superbly designed to work intuitively with people. Apptronik robots complement the human workforce in duties akin to provide chain operations, facility inspections, and different laborious or harmful duties.
This method shall be seen later this summer season when the corporate proclaims its newest robotic to meet present buyer orders.
Jeff Cardenas, CEO and co-founder of Apptronik, says: “We’re approaching an inflection level the place monumental market demand and business viability are driving fast technological adoption.
“We face vital realities in our labor market, provide chain and atmosphere. We’re giving individuals real-world instruments to enhance the way forward for work and speed up financial restoration. The long run is right here.”
Jennifer Gill Roberts, of Grit Ventures, says: “Large productiveness and provide chain challenges are hitting each main business.
“However industrial automation advances are beginning to make a distinction. Given geopolitical tensions and the state of the American financial system, common objective robotics at the moment are mission vital. We’re proud to assist Apptronik because it leads Texas and the nation on this area.”
Anurag Jain, co-founder and managing associate of PerotJain, says: “There are huge challenges to resolve all throughout logistics, provide chain and significant industries immediately.
“The innovation and know-how behind Apptronik’s common objective robots open many new doorways, together with those who present scalable options for the world’s most vital issues.
“We’re proud to be one among a number of traders for Apptronik and stay up for seeing their techniques out in the true world fixing actual issues within the close to future.”
Apptronik is on a mission to construct one of many world’s main robotics firms in the US. Its purpose is to show the advantages of robots working alongside people – versus changing them – to help in jobs and allow a greater high quality of life.
This has helped the corporate recruit high expertise seeking to see their improvements come to market now, together with leaders from Tesla, Apple, Meta, Honeywell and extra.
