Eureka Robotics: Pioneering Precision in Manufacturing with New Funding
December 14, 2024, 3:32 am
G. K. Goh Holdings Limited
Employees: 201-500
Eureka Robotics is on the rise. The Singapore-based company has just secured USD 10.5 million in Series A funding. This financial boost is not just a number; it’s a ticket to the future of robotics and AI in manufacturing. Led by B Capital, the round also saw participation from Airbus Ventures, Maruka Corporation, G. K. Goh Ventures, and returning investors UTEC and ATEQ.
Founded in 2018, Eureka Robotics aims to transform factories. Their mission? To automate the dull, dirty, and dangerous tasks that plague the manufacturing industry. This allows human workers to focus on creativity and innovation. With this new funding, they are set to accelerate the development of their flagship products: the Eureka Controller and the Eureka 3D Camera.
The Eureka Controller is a game-changer. It acts as a central hub for various industrial devices. Think of it as the conductor of an orchestra, ensuring that every instrument plays in harmony. This comprehensive solution enables high-precision calibration and robust force control. It’s designed for vision and robotics applications, making it indispensable for manufacturers.
Then there’s the Eureka 3D Camera. This device is like a pair of eyes for robots, providing efficient and cost-effective 3D vision capabilities. It employs groundbreaking AI-based, projector-free 3D reconstruction technology. This means robots can see and understand their environment in real-time, enhancing their ability to perform complex tasks.
Together, these products embody the concept of High Accuracy – High Agility (HA-HA). This is not just a catchy phrase; it’s a revolutionary approach to robotics. HA-HA technology allows robots to handle intricate tasks with both adaptability and precision. Imagine a robot assembling a car engine with micron-level accuracy. That’s the future Eureka Robotics is building.
The funding will also enable Eureka to scale operations in Singapore and Japan. They have already made significant strides in the Japanese market, establishing a branch office in Tokyo. With this new capital, they plan to expand into major cities like Nagoya and Osaka. But the ambitions don’t stop there. Eureka is setting its sights on the US market, where they have already secured initial customers.
Eureka Robotics has already made a mark in the industry. They have completed over 25 million HA-HA operations for major players like Toyota, Denso, and Pratt & Whitney. This track record speaks volumes about their capabilities. Their technology is not just theoretical; it’s proven in real-world factory settings.
The robotics landscape is evolving. Companies are increasingly turning to automation to enhance efficiency and reduce costs. Eureka Robotics is at the forefront of this shift. Their innovative solutions are revolutionizing manufacturing processes across various industries. They address the growing complexity of assembly line operations with precision and speed.
Investors are taking notice. B Capital, one of the leading firms in this round, recognizes the potential of Eureka Robotics. They see the company as a pioneer in embodied AI and industrial automation. The partnership aims to drive global expansion and redefine the possibilities of industrial automation.
Eureka Robotics is backed by top global venture capital firms. Their research is powered by collaborations with prestigious institutions like NTU Singapore, MIT, and the University of Tokyo. This academic foundation strengthens their technological prowess, allowing them to stay ahead of the curve.
The company’s proprietary technologies are impressive. They include High Accuracy Calibration, Computer Vision, Motion Planning, and Force Control. These innovations enable them to deliver robotic software and systems that significantly improve productivity and safety in factories.
As they look to the future, Eureka Robotics is committed to helping clients achieve better outcomes. Their solutions are designed to lower costs and enhance safety. Common applications include AI-based inspection, precision handling, 3D picking, assembly, and dispensing.
Eureka’s customer base is a testament to their success. They work with industry leaders from Japan and the USA, including Bridgestone and Coherent. This diverse clientele showcases the versatility and effectiveness of their technology.
In conclusion, Eureka Robotics is not just another tech startup. They are a beacon of innovation in the robotics and AI landscape. With their recent funding, they are poised to accelerate their growth and expand their reach. The future of manufacturing is bright, and Eureka Robotics is leading the charge. Their commitment to precision and agility will redefine how factories operate, making them safer and more efficient. The journey has just begun, and the possibilities are endless.
Founded in 2018, Eureka Robotics aims to transform factories. Their mission? To automate the dull, dirty, and dangerous tasks that plague the manufacturing industry. This allows human workers to focus on creativity and innovation. With this new funding, they are set to accelerate the development of their flagship products: the Eureka Controller and the Eureka 3D Camera.
The Eureka Controller is a game-changer. It acts as a central hub for various industrial devices. Think of it as the conductor of an orchestra, ensuring that every instrument plays in harmony. This comprehensive solution enables high-precision calibration and robust force control. It’s designed for vision and robotics applications, making it indispensable for manufacturers.
Then there’s the Eureka 3D Camera. This device is like a pair of eyes for robots, providing efficient and cost-effective 3D vision capabilities. It employs groundbreaking AI-based, projector-free 3D reconstruction technology. This means robots can see and understand their environment in real-time, enhancing their ability to perform complex tasks.
Together, these products embody the concept of High Accuracy – High Agility (HA-HA). This is not just a catchy phrase; it’s a revolutionary approach to robotics. HA-HA technology allows robots to handle intricate tasks with both adaptability and precision. Imagine a robot assembling a car engine with micron-level accuracy. That’s the future Eureka Robotics is building.
The funding will also enable Eureka to scale operations in Singapore and Japan. They have already made significant strides in the Japanese market, establishing a branch office in Tokyo. With this new capital, they plan to expand into major cities like Nagoya and Osaka. But the ambitions don’t stop there. Eureka is setting its sights on the US market, where they have already secured initial customers.
Eureka Robotics has already made a mark in the industry. They have completed over 25 million HA-HA operations for major players like Toyota, Denso, and Pratt & Whitney. This track record speaks volumes about their capabilities. Their technology is not just theoretical; it’s proven in real-world factory settings.
The robotics landscape is evolving. Companies are increasingly turning to automation to enhance efficiency and reduce costs. Eureka Robotics is at the forefront of this shift. Their innovative solutions are revolutionizing manufacturing processes across various industries. They address the growing complexity of assembly line operations with precision and speed.
Investors are taking notice. B Capital, one of the leading firms in this round, recognizes the potential of Eureka Robotics. They see the company as a pioneer in embodied AI and industrial automation. The partnership aims to drive global expansion and redefine the possibilities of industrial automation.
Eureka Robotics is backed by top global venture capital firms. Their research is powered by collaborations with prestigious institutions like NTU Singapore, MIT, and the University of Tokyo. This academic foundation strengthens their technological prowess, allowing them to stay ahead of the curve.
The company’s proprietary technologies are impressive. They include High Accuracy Calibration, Computer Vision, Motion Planning, and Force Control. These innovations enable them to deliver robotic software and systems that significantly improve productivity and safety in factories.
As they look to the future, Eureka Robotics is committed to helping clients achieve better outcomes. Their solutions are designed to lower costs and enhance safety. Common applications include AI-based inspection, precision handling, 3D picking, assembly, and dispensing.
Eureka’s customer base is a testament to their success. They work with industry leaders from Japan and the USA, including Bridgestone and Coherent. This diverse clientele showcases the versatility and effectiveness of their technology.
In conclusion, Eureka Robotics is not just another tech startup. They are a beacon of innovation in the robotics and AI landscape. With their recent funding, they are poised to accelerate their growth and expand their reach. The future of manufacturing is bright, and Eureka Robotics is leading the charge. Their commitment to precision and agility will redefine how factories operate, making them safer and more efficient. The journey has just begun, and the possibilities are endless.