Augmentus Raises Oversubscribed Usd 5M Series-A Round To Bring No-Code Robotics To The World

Nov 14, 2023•almost 2 years ago

Amount Raised

$5 Million

Round Type

series a

Singapore

Investors

Cocoon CapitalSierra Ventures

Description

Augmentus, a leader in no-code robotics software, has successfully raised USD 5M in Series-A funding. The round was led by Sierra Ventures, along with Cocoon Capital.

Company Information

Company

Augmentus

Location

Singapore

About

Augmentus is a robotics platform that pioneers intelligent 3D scanning and AI robot motion planning systems to enable no-code robot programming in minutes. Our proprietary technologies enable easy-to-use and rapid digitization of the work environment, automated robot path generation, and an intuitive graphical interface that eliminates the need for coding and CAD files in robot teaching. Augmentus' products are being used by the world's leading robotics and advanced manufacturing companies for applications such as robot sandblasting, shot peening, sanding, painting, spraying, and welding. We empower manufacturers to recoup ROI faster by lowering the time, cost and skill barriers in industrial automation. Companies using Augmentus have experienced up to 70% cost reduction and over 21 times faster deployments. Augmentus ushers in a new era of human-machine interface, democratizing robotic automation.

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