Mantis Robotics, a pioneer in Physical AI for robotic automation, has secured $5M in new investments led by Emerald Technology Ventures with participation from the Amazon Industrial Innovation Fund.
Read also – Plume Raises $20 Mn Series A to Revolutionize RWAs
This cash infusion will enable Mantis Robotics to scale its operations, enhance its product portfolio, and expand its presence in the rapidly growing industrial robotics market.
Read also – Mojave Secures $9.5 Mn Series A Funding
Mantis has entered the next frontier in robotics by creating the first adaptive, human-centered robots. The company makes industrial robotic arms that are inherently safe for human interaction, eliminating the need for costly and complex external safeguards such as fences or laser barriers. Mantisā technology learns and understands its environment based on sensor data from a proprietary built-in sensor-suite. This enables Mantis Robots to detect obstacles and humans in its direct environment and adjust the robotās behavior accordingly in real-time, making robot arms safe and autonomous.
The robotās intuitive deployment software with a 3D real-time Digital Twin, requires no technical or coding knowledge to use, making them accessible for diverse industries and users. By reducing operational complexity, Mantisā robot systems can result in savings of as much as 75% in a typical robotic deployment. The companyās transformative technology has the potential to advance industries far beyond manufacturing and warehousing, paving the way for a new era of human-machine collaboration.
āWe built our company on the premise that robots should be an extension of the human capability,ā said Gerry Vannuffelen, Founder & CEO of Mantis Robotics. āOur industry has benefited greatly from many new developments in AI-powered application software Unfortunately, these systems do not allow for safe human-robot interaction. We provide the link between AI and the physical world, by enabling robots to interact safely and capably with humans.ā
āThe investment into Mantis Robotics is another bet of Emerald on the huge potential of Physical AI. We believe Mantis Roboticsā unique technology will revolutionize robotics and will enable never-seen before levels of human-machine collaboration. Mantis Robotics unlocks entirely new automation use cases initially in manufacturing and in warehousing, and in soon virtually every other domain,ā said Michal Natora, Senior Investment Director at Emerald.
āAt Amazon, collaborative technology is key to running safe and efficient operations. Technology can serve its best purpose when itās human-centric and able to work seamlessly to support employees as they deliver for our customers,ā said Franziska Bossart, Head of the Amazon Industrial Innovation Fund. āWe are excited about Mantis Roboticsā science-driven approach to advancing human-machine collaboration, fostering safer and more ergonomic workplaces.ā
About Mantis Robotics
Mantis Robotics created a hardware and software platform to enable productive and safe human-robot collaboration. Mantisā fenceless autonomous robot arms, for manufacturing and e-commerce fulfillment, are equipped with spatial intelligence to work safely alongside people right out-of-the-box, eliminating complex robotics work cell design and making robotic automation up to 75% cheaper.
Mantis Robotics was founded by robotics industry veterans and has its headquarters in Pleasanton, California (USA), with offices in Leuven, Belgium and Taipei, Taiwan.