Thomas WolfAndrew LonsberryArthur MenschYann LeCunFirstminute CapitalNotion CapitalRedalpine
Description
Zurich-based Enact has raised $30 million in pre-seed funding to develop physical AI that uses force and touch sensing to enhance robot dexterity. The startup is building a proprioceptive nervous system that allows robots to sense physical interactions in real time using existing actuators without additional hardware. Backers include Redalpine, Notion Capital, Firstminute Capital, and notable AI leaders including Yann LeCun and executives from Mistral, Path Robotics, and Hugging Face. Enact plans to deploy its technology across industrial and physical tasks requiring fine manipulation and handling of variations.
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Company Information
Company
Enact
Location
Raleigh, North Carolina, United States
About
Enact (Nasdaq: ACT), operating principally through its wholly-owned subsidiary Enact Mortgage Insurance Corporation since 1981, is a leading U.S. private mortgage insurance provider committed to helping more people achieve the dream of homeownership. Building on a deep understanding of lenders' businesses and a legacy of financial strength, we partner with lenders to bring best-in class service, leading underwriting expertise, and extensive risk and capital management to the mortgage process, helping to put more people in homes and keep them there. By empowering customers and their borrowers, Enact seeks to positively impact the lives of those in the communities in which it serves in a sustainable way. Enact is headquartered in Raleigh, North Carolina.
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RaleighArtificial IntelligenceRoboticsIndustrial Automation