AI focused robotic startup Perceptyne secures $3 million in seed funding

INSUBCONTINENT EXCLUSIVE:
Image: Shutterstock3 min read Last Updated : Oct 14 2024 | 2:43 PM IST Perceptyne, a deeptech AI-first robotics startup, on Monday
announced to have secured $3 million in seed funding from Endiya Partners and Yali Capital, with participation from Whiteboard Capital and
some angel investors. The company, a player in the space of AI driven, semi-humanoid robots for industrial automation, said that the
funding will be used for accelerating product development, customer acquisition and growth
making huge strides in the digital world with more compute being available, complex models being built and large amounts of data being
collected
Leveraging these advances in the world of manufacturing automation requires a different class of robots - those that can sense the
for manufacturing automation
Perceptyne is addressing the critical need for a drop-in, generic automation solution that learns through AI-led tele-operation
We are very happy to partner with the talented and innovative team at?Perceptyne and we believe that they are well equipped to address the
dexterity, such as product assembly and packaging
To accomplish this, the startup is building a vertically integrated full stack robotics platform centered around AI
Its flagship products, PR-34D and PR-9D, are dual-arm and single-arm robots with integrated computer vision and AI, multi-modal sensing and
highly articulate end-effectors suited for manufacturing/assembly line applications. The industrial robotics opportunity is vast, with
the global market estimated to reach $41 billion annually by 2030, registering a CAGR of 12.3 per cent
This growth fueled by global labour shortage and increased reshoring presents a strong global opportunity for AI-driven robotics
Published: Oct 14 2024 | 1:58 PMIST