Augmentus, a provider of AI-powered robotics solutions, has received a strategic investment from Applied Ventures, the venture capital arm of Applied Materials. The funding will fuel Augmentus’ expansion of its technology for high-mix manufacturing environments.This investment addresses the growing need for flexible automation in manufacturing, where frequent product changes demand adaptable robotic systems. Augmentus’ AI platform enables robots to quickly learn and perform a wide range of tasks without extensive reprogramming, reducing downtime and increasing efficiency for manufacturers. The partnership with Applied Ventures will accelerate the deployment of these solutions, impacting industries reliant on agile production lines.
Founded in 2019, Augmentus focuses on simplifying robot programming through artificial intelligence. Their technology allows manufacturers to deploy robots for diverse applications, including assembly, inspection, and material handling, even with limited robotics expertise.
Applied Ventures’ investment will specifically support Augmentus in scaling its engineering and sales teams, as well as expanding its global reach. Further details of the investment amount were not disclosed.
The original news release can be found at: https://www.prnewswire.com/news-releases/augmentus-secures-strategic-investment-from-applied-ventures-to-accelerate-ai-robotics-for-high-mix-manufacturing-302593524.html.SOURCE Augmentus Pte Ltd
