Robovision Revolutionizes Industrial Automation with $42M Funding Boost
April 4, 2024, 3:43 pm
Location: Belgium, East Flanders, Ghent
Employees: 51-200
Founded date: 2012
Total raised: $60.7M
Robovision, a cutting-edge AI computer vision startup based in Ghent, Belgium, recently secured a whopping $42 million in Series A funding. This latest investment round, led by Target Global, Astanor Ventures, and Red River West, brings the company's total funding to an impressive $65 million.
The company, spearheaded by CEO Thomas Van den Driessche, offers an AI-powered central platform that revolutionizes vision intelligence within smart machines. This cloud-based system eliminates the need for AI experts and allows customers to seamlessly manage AI vision in one centralized location. With the ability to integrate with over 1,000 robots in 40 countries, Robovision is already making waves in the global market.
Robovision's platform empowers users to take control of AI vision, minimize downtime in business-critical automations, scale AI solutions globally, avoid reliance on third parties for improvements, and maximize the ROI of their AI investments. This innovative approach has generated over $250 million in sales for partners and has been particularly effective in the agricultural sector.
Through strategic partnerships with industry giants like ISO Group and Hitachi, Robovision has facilitated the production of 1 billion tulips annually and aided in the manufacturing of semiconductor wafers. The company's unique ability to upgrade existing machinery and production lines with Vision AI sets it apart in the realm of industrial automation.
With a strong focus on innovation and global expansion, Robovision plans to use the recent funding to invest in R&D, expand its presence in key markets such as the US, Germany, France, the UK, the Middle East, and Asia, and accelerate its mission to drive AI-powered automation on a global scale. The company's visionary leadership and commitment to technological advancement position it as a trailblazer in the rapidly evolving landscape of industrial automation.
The company, spearheaded by CEO Thomas Van den Driessche, offers an AI-powered central platform that revolutionizes vision intelligence within smart machines. This cloud-based system eliminates the need for AI experts and allows customers to seamlessly manage AI vision in one centralized location. With the ability to integrate with over 1,000 robots in 40 countries, Robovision is already making waves in the global market.
Robovision's platform empowers users to take control of AI vision, minimize downtime in business-critical automations, scale AI solutions globally, avoid reliance on third parties for improvements, and maximize the ROI of their AI investments. This innovative approach has generated over $250 million in sales for partners and has been particularly effective in the agricultural sector.
Through strategic partnerships with industry giants like ISO Group and Hitachi, Robovision has facilitated the production of 1 billion tulips annually and aided in the manufacturing of semiconductor wafers. The company's unique ability to upgrade existing machinery and production lines with Vision AI sets it apart in the realm of industrial automation.
With a strong focus on innovation and global expansion, Robovision plans to use the recent funding to invest in R&D, expand its presence in key markets such as the US, Germany, France, the UK, the Middle East, and Asia, and accelerate its mission to drive AI-powered automation on a global scale. The company's visionary leadership and commitment to technological advancement position it as a trailblazer in the rapidly evolving landscape of industrial automation.