Robotics

$10.5M for Eureka Robotics to take their tech to the next level

December 17, 2024
Image from Eureka Robotics.

Automated tasks? Yes please! Singapore’s Eureka Robotics enables factories to automate dirty and dangerous tasks through their proprietary software and systems.

Now, they just raised a $10.5M Series A!

  • According to their website, their customers include Mitsubishi, Denso, and Toyota.

Investor check. B Capital led the round, while Airbus Ventures, Maruka Corporation, G. K. Goh Ventures, UTEC, and ATEQ joined in!

🏗️ High accuracy, high agility

Eureka’s products are built for high accuracy and high agility applications like precision handling, assembly, and quality inspection. 

  • Eureka Controller. Connects with robot arms, cameras, and other devices and automates them to perform high-precision tasks.
  • Eureka 3D Camera. Integrates with robotic systems to enable them to access 3D vision capabilities. 

In the real world? Their tech is used across optics, electronics, semiconductors, aerospace, and automotive industries. 

🤖 Going global, baby!

They’ll use the $$$ to accelerate the development and deployment of Eureka Controller and Eureka 3D Camera. Oh, and they’ll scale their operations in existing markets like Singapore and Japan. 

  • Oh, and they’re also going to fully enter the US market, where they’ve already acquired their initial customers.

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