3 years ago

SLAMcore Secures $16 Million in Series A Funding to Expand Robotics Mapping and Navigation Technology

  • SLAMcore, a UK-based provider of vision-based location and mapping for robots, autonomous machines, and consumer electronics products, has raised $16 million in Series A funding

  • The round was led by ROBO Global Ventures and Presidio Ventures, with participation from Amadeus Capital Partners, Global Brain, IP Group, MMC, Octopus, Samsung Ventures, Toyota Ventures, and Yamato Holdings

  • The company plans to use the funding to expand operations and its business reach, leveraging its proven technology that combines AI with consumer-grade cameras, sensors, and processors to address the complex challenges of mapping and navigating for a wide range of autonomous machines and devices.

    • ProblemTechnology

      "Robots, autonomous machines, and consumer electronics products need to be able to accurately map their surroundings and navigate without getting lost."

      Solution

      "SLAMcore uses AI and computer vision to create a mapping and navigation system for robots, drones, and other devices. This technology helps them understand their environment and move around safely and efficiently."

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