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HomeMobileSLAMcore simply raised $16M to assist robots get round – TechCrunch

SLAMcore simply raised $16M to assist robots get round – TechCrunch


The extra of our world we share with robots, the extra vital it’s to assist them discover their method. Based in 2016, navigation is on the coronary heart of what London-based SLAMcore does. In reality, it’s proper there within the identify — SLAM being a standard robotics acronym for “Simultaneous localization and mapping.”

The corporate has developed applied sciences that may be deployed on a variety of robotics techniques, from vacuums to the extra superior autonomous techniques being deployed in warehouses throughout the U.S. Its algorithms are used to assist robots establish the house they’re navigating. The agency additionally cites a key buzzword — noting that such techniques may be utilized for locating one’s method across the metaverse.

Fittingly, SLAMcore notes that Meta has already begun to make use of a few of its current technolgoies. There’s additionally been a good quantity of monetary curiosity within the agency, because the pandemic has radically accelerated the adoption of robotics and automation over the past couple of years. Immediately it’s asserting a $16 million Collection A.

The spherical was led by ROBO World Ventures and Presidio Ventures. Samsung Ventures, Toyota Ventures and Yamato Holdings additionally joined the spherical, together with Amadeus Capital, World Mind, IP Group, MMC and Octopus. This follows a $5 million seed spherical raised by the corporate towards the outset of the pandemic.

“For a lot too lengthy, robots haven’t been in a position to navigate bodily areas with the extent of accuracy and effectivity that we all know is feasible,” founder and CEO Owen Nicholson mentioned in a launch. “As they change into extra out there to corporations and customers alike in years to return, SLAMcore is decided to make sure that as many designers as potential have entry to the algorithms wanted to optimize their merchandise.”

The agency says the spherical will go towards increasing its consumer-grade suite of choices.

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