Jacobi Robotics, a Berkeley, CA-based developer of AI-powered motion planning technology, raised $5M in Seed funding.
The round was led by Moxxie Ventures with participation from Foothill Ventures, Humba Ventures, The House Fund and existing investors Swift Ventures, Berkeley SkyDeck Fund, LDV Partners, and Courtyard Ventures.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Max Cao, Jacobi Robotics is an AI and robotics company commercializing software that aims to improve the programming time and performance of robot solutions. Its AI-powered platform leverages proprietary motion planning technology to equip robotics engineers with a toolkit to make robotics capabilities accessible and reliable for real-world production settings.
Jacobi’s robot motion planning technology has received meaningful demand, with agreements already secured with manufacturers across the US, top robotics solutions providers including Formic, and Fortune 500 companies worldwide across a wide range of sectors including electronics and consumer packaged goods (CPG).
Its founding team includes:
- Yahav Avigal.
- Lars Berscheid.
- Jeff Ichnowski.
- Ken Goldberg.
FinSMEs
15/07/2024