To bring AI Vision Technology to Mobile Robots Sevensense Raises $7.7M
Swiss startup Sevensense, a leader in AI and 3D Vision tech for autonomous mobile robotics, raises $7.7M in Series A led by ABB Technology.
Sevensense is a leading company in AI and 3D vision technology for autonomous mobile robotics. Moreover, it is also highly active in the industrial sector. It provides services in the material handling and cleaning industries.
Amid the COVID-19 pandemic, industries faced a very difficult situation. Because labor was unable to work. Therefore, at that moment, mobile robotics emerged as the key player to make sure that industries are operational and their execution is high quality.
The AI and 3D vision technology of Sevensense does not only help the industries meet their requirements but also revolutionize them. It can help them with dynamic production as well as the picking process within enormously dynamic warehouses.
This technology of Sevensense is very mature and tested. Currently, a lot of small-medium sized and large enterprises are using it. These enterprises belong to the logistic, manufacturing, and cleaning sectors.
“We have demonstrated that our technology is mature and ready to be deployed at scale in industrial settings. Today we set a fundamental milestone on the path that leads Sevensense closer to achieving its vision: enabling mobile robots to be operated everywhere, by anyone!” states Gregory Hitz, CEO of Sevensense Robotics.
Founded in 2018, Sevensense was a spin-off from ETH Zurich. However, in the initial phase, Wyss Zurich supported it financially. The startup has grown from its beginning and it also won the award of Top 100 Swiss Startups in 2020. With the new investment, the company is planning to increase its global presence and improve production capabilities.
The role of AI and robotics technology is increasing every day because of the increasing globalization and advancements. Comparatively, robotics is not as popular as artificial intelligence and machine learning as it is expensive. However, the demand of these technologies is increasing specially after COVID-19 as businesses and industries are focusing on automation, as stated by Harvard Business Review.