logo
logo

Rgo Robotics Exits Stealth Mode With $20M In Funding & Major Customer Wins

May 09, 2022about 3 years ago
Cambridge

Description

RGo Robotics, a pioneer in artificial perception technology that enables mobile robots to understand complex surroundings and operate autonomously, today exited stealth mode with $20 million in funding. The investment round, led by MoreTech Ventures, will allow RGo Robotics to continue rapid expansion of both its R&D and commercial teams to bring its Perception Engine to market.

Company Information

Company

R Go Robotics

Location

Cambridge, Maryland, United States

About

RGo Robotics is a pioneer in artificial perception technology enabling mobile robots to understand complex surroundings and operate autonomously like humans. Patent-pending computer vision and AI technology comprise Perception Engine, which runs on ultra-low-cost, low-power hardware. The applications for Perception Engine are nearly endless, from AGV/AMRs in logistics and manufacturing to last mile delivery and service robots in commercial and consumer markets. RGo partners with robotics manufacturers who share its vision of a future where automation is unfettered but focused on real-world solutions. RGo Robotics has offices in Caesarea, Israel and Cambridge, Massachusetts and is backed by a diversified set of leading investors and strategic partners including Converge, StageOne, MoreTech Ventures, and a global undisclosed robotics leader. It has raised over $20M in funding including its Series A in January 2022. For more information, visit rgorobotics.ai.