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Robust.Ai Raises $20M, As It Scales Robot Deliveries For Pilot Customers

Apr 20, 2023over 2 years ago

Amount Raised

$20 Million

VancouverSoftware Development

Investors

Playground GlobalJazz VenturesEnergy Impact PartnersFuture VenturesPrime Movers Lab

Description

When the company started, Robust.AI’s founders had no intention of making hardware. “Hardware’s hard,” cofounder and CTO Rodney Brooks tells TechCrunch, “and doing hardware at scale is harder. It takes a lot of resources and it takes a long time to get there. Which is why people love pure software plays: the marginal cost of another copy is free.”

Company Information

Company

Inverted AI

Location

Vancouver, British Columbia, Canada

About

Inverted AI (www.inverted.ai) has developed leading, best-of-class, directable, human-like NPCs for vehicle simulators critical for achieving fully autonomous vehicles. Inverted AI has an exceptional entrepreneurial and machine learning team with best-of-class technology dubbed Imagining the Road Ahead (ITRA) producing realistic multi-modal predictions and directable, human-like NPCs from widely available data. Autonomous vehicle companies and others can save billions in data collection. The team is recognized for its research and technology leadership and is well-positioned to scale and commercialize.

FundzWatch™ Score

67
Medium Activity

Related People

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech