/PRNewswire/ Third Wave Automation (TWA), provider of high-reach autonomous forklifts, today announced a strategic investment by Qualcomm Ventures and Zebra.
COVID, supply chain issues, labor shortages, Amazon. Take your pick. The reasons for getting excited about logistics robotics are numerous and growing. RightHand Robotics had already amassed its share of buzz well before this whole pandemic thing really accelerated things, raising a fair amount from investors like GV, Menlo and Playground Global over a series […]
Neurala Raises $12 Million to Scale Artificial Intelligence for Industrial Manufacturing
New funding will accelerate the development and commercialization of easy-to-use AI for industrial quality inspections
BOSTON, Massachusetts June 28, 2021 Today, Neurala, the leader in vision AI software, announced that it has raised $12 million in funding to advance the development of vision AI for manufacturing. The round, led by Zebra Ventures and Pelion Venture Partners, with participation from Draper Associates, Friulia, AddValue, 360 Capital Partners, Idinvest Partners, Cougar Capital, and industrial investors IMA and Antares Vision, brings the total invested in Neurala to $26 million.
The funding will enable Neurala to evolve and accelerate adoption of its vision AI in the industrial and manufacturing sectors on a global scale, as manufacturers increasingly prioritize automation as part of Industry 4.0 initiatives.