Hey insiders,
This week in robotics, two European startups secured major funding to push the boundaries of AI and automation, while ABB launched a no-code development platform that could disrupt the industry:
Neura Robotics Secures $123M to Advance Cognitive Humanoid Robots
German robotics company Neura Robotics has raised $123 million in funding to further its mission of creating cognitive humanoid robots. These next-gen robots aim to bridge the gap between human intelligence and machine efficiency. With applications spanning healthcare, manufacturing, and more, the company is making significant strides in combining advanced AI with versatile hardware.
Sereact Raises €25M for AI-Powered Warehouse Automation
AI meets robotics in warehouse management! Germany-based Sereact has secured €25 million to revolutionize logistics with its "ChatGPT-like" AI for robotics. The startup develops solutions that automate complex warehouse processes, using generative AI to improve flexibility and efficiency in environments traditionally reliant on manual labor.
ABB Challenges Intrinsic and Wandelbots with No-Code AppStudio Tool
Swiss tech giant ABB has unveiled AppStudio, a new no-code platform aimed at simplifying the creation of robotic user interfaces. With AppStudio, developers and non-experts alike can design custom robot applications without writing a single line of code. The tool is seen as a direct competitor to solutions from companies like Intrinsic, Wandelbots, and Voraus Robotics, all of which emphasize user-friendly robotics programming.
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