tech
A Red Bull Engineer Got Bored With Formula One. His Robotics Startup Just Raised $55 Million.
microagi has raised $55 million to put AI-powered robots to work in factories.
TL;DR
- microagi, founded by ex-Formula One engineer Bercan Kilic, raised $55 million in its seed round, led by Hummingbird.
- The company trains existing AI robotics models using data recorded from human workers performing tasks.
- microagi's consumer-facing arm, shift, collects this data by offering services like free apartment cleanings and private chefs in exchange for footage.
- The funding aims to accelerate the deployment of robots in factories to address labor shortages and increase automation, particularly in Europe and the US.
- microagi sees its technology as crucial for reshoring supply chains and keeping pace with automation in countries like China.