SLAMcore just raised $16M to help robots get around – NFH

The extra of our world we share with robots, the extra necessary it’s to assist them discover their method. Based in 2016, navigation is on the coronary heart of what London-based SLAMcore does. In reality, it’s proper there within the identify — SLAM being a typical robotics acronym for “Simultaneous localization and mapping.”

The corporate has developed applied sciences that may be deployed on a variety of robotics methods, from vacuums to the extra superior autonomous methods being deployed in warehouses throughout the U.S. Its algorithms are used to assist robots establish the area they’re navigating. The agency additionally cites a key buzzword — noting that such methods may be utilized for locating one’s method across the metaverse.

Fittingly, SLAMcore notes that Meta has already begun to make use of a few of its current technolgoies. There’s additionally been a good quantity of monetary curiosity within the agency, because the pandemic has radically accelerated the adoption of robotics and automation during the last couple of years. In the present day it’s asserting a $16 million Sequence A.

The spherical was led by ROBO World Ventures and Presidio Ventures. Samsung Ventures, Toyota Ventures and Yamato Holdings additionally joined the spherical, together with Amadeus Capital, World Mind, IP Group, MMC and Octopus. This follows a $5 million seed spherical raised by the corporate towards the outset of the pandemic.

“For a lot too lengthy, robots haven’t been capable of navigate bodily areas with the extent of accuracy and effectivity that we all know is feasible,” founder and CEO Owen Nicholson mentioned in a launch. “As they change into extra accessible to corporations and shoppers alike in years to come back, SLAMcore is set to make sure that as many designers as doable have entry to the algorithms wanted to optimize their merchandise.”

The agency says the spherical will go towards increasing its consumer-grade suite of choices.

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