Singaporean robot maker Botsync secures $3.2m funding | AsiaTechDaily
Botsync, a Singapore-based manufacturer of smart and rugged industrial Autonomous Mobile Robot (AMR) solutions, has successfully raised US$3.2 million to date with its latest pre-Series A funding round.
The funds will be used to scale the company’s automation solution offerings and support the growing demand for automation in existing factories and warehouses.
Notable investors in this round include Wong Fong Engineering, Seeds Capital, Angel Central, VentureCatalysts, Amit Pachisia, ZB Capital, Iterative, Locus Ventures, Funderbeam, Nalin Advani and Roger Crook with Wong Fong Engineering and Seeds Capital as returning investors.
“This funding demonstrates our investors’ confidence in our mission to provide adaptive and accessible autonomous mobile robot solutions. We are excited to expand our teams in Singapore and India, expand our go-to-market strategy and enhance the functionality of our AMRs to enhance our customers’ product experience,” said Rahul Nambiar, CEO and Co-Founder of Botsync.
MAG AMR is Botsync’s flagship product which is a key part of their automation solution. It will be rolled out more actively across Asia over the next two years, with a focus on Singapore, Malaysia and India.
“One of the main advantages we offer is the efficiency of the deployment of our automation solutions. With AMR MAGs and our software platform, syncOS, the solution can be deployed to existing sites in days instead of months. This deep learning-based mapping approach is more cost effective and reduces overall deployment time for companies to automate their goods movement and/or production processes,” Rahul said.
Powered by a deep learning engine, Botsync’s in-house AMR (Autonomous Mobile Robots) MAGs are designed to be easily deployed to existing manufacturing and warehousing sites by creating a single map of the operating site.
Using the base map and several built-in sensors, MAG AMR can autonomously navigate the operating site to transfer loads of up to 1,500 kg, in compliance with international safety standards for autonomous vehicles.
The MAG is available in two variants, MAG300 and MAG1000, its modular architecture of MAG AMR allows it to easily adapt to various types of load requirements in different industrial operations.
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