HomeGermanyWandelbots Secures €6M in Series A Funding

Wandelbots Secures €6M in Series A Funding

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wandelbotsWandelbots, a Dresden, Germany–based technology platform that enables AI-driven integration of robots by demonstration-based teaching, secured €6m in Series A funding.

Backers included Paua Ventures, the EQT Ventures fund and existing investors.

The company intends to use the funds to grow the team and expand its global presence.

Founded in November 2017 by a team from the Technische Universität Dresden, including Christian Piechnick, Georg Püschel, Maria Piechnick, Sebastian Werner, Jan Falkenberg, Giang Nguyen and Frank Fitzek, Wandelbots offers The Wandelbox, which enables anyone to program industrial robots with smart clothing. Sensor-attached jackets and gloves track human motion in real-time and transfer this to robotic movement, so non-experts are able to guide robots through a task by example. The data gathered from multiple examples is used to generate platform-independent automation scripts using Machine Learning. The software understands the task and is able to generate optimized solutions based on multiple demonstrations.
The scripts ensure the full integration of robots in industrial environments, including external end-effector integration, sensor integration, PLC integration and adaptation. These platform-independent scripts are automatically transformed into platform-specific robot code, enabling the easy integration of the Wandelbox into existing automation environments.

One year after launch, the company is already working globally with automotive and electronics manufacturers, such as Volkswagen, Infineon and Midea.

FinSMEs

13/12/2018

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