Artificial intelligence robotics solutions company GrayMatter Robotics last week closed a $20 million Series A investment led by Bow Capital with participation from B Capital Group, Calibrate Ventures, OCA Ventures, Pathbreaker Ventures, Swift Ventures, Stage Venture Partners and 3M Ventures. announced that it had procured .
GrayMatter Robotics products help manufacturers increase productivity, improve quality consistency and reduce costs while meeting global demand for manufactured products and improving the quality of life of factory workers. Designed to help.
With the new capital, the company hopes to expand its team to meet growing customer demand.
In a statement, Brual Shah, co-founder and chief technology officer of GrayMatter Robotics, said automating surface finishing and processing applications for mission-critical production environments is a challenging engineering problem with AI and robotics. said to cause
He added that his team’s work will soon have implications for a wide range of industries, from recreational equipment to aerospace.
The company’s “Scan&Sand” robot is a flexible sander that can quickly adapt to different shapes and sizes. A variety of materials can be processed including composites, metals, acrylics and plastics.
“Our biggest concern was the sheer number of part mixes, so automating such an operation seemed like a very daunting task. It has the ability to work in groups and is easy to operate at the touch of a button.Carpinteria.
“This was our first foray into robotics, so we needed a partner who was really there for us, not just a vendor. GrayMatter stepped up to the plate,” he added.
Ariyan Kabir, co-founder and CEO of GrayMatter Robotics, said in a release that the company is improving the lives of factory workers, allowing them to be more productive and focus on higher-value tasks. said.
“Manufacturing drives our economy, and without automating surfacing and processing, there is a significant risk that the global economy could suffer from increasing labor shortages,” said Kabir. .
This year, GrayMatter Robotics was one of the winners of the RBR50 Innovation Award announced by Robotics Business Review for its Scan&Sand product.
Last year, the company received $1 million from a National Science Foundation Small Business Innovation Research Phase II grant to further develop the core technology behind the product.
Adi Leviatan, president of 3M’s Polishing Systems Division, said in a statement: “His reinvestment in GrayMatter Robotics aligns with 3M’s commitment to providing an easy-to-use automated polishing handling system that addresses the challenges posed by high-mix manufacturing operations.”