California-based firm Figure has secured $70 million in Sequence A funding to develop additional their versatile humanoid robots — particularly their Determine 01 mannequin. The funding will even be used to develop their AI knowledge pipeline for autonomous operations and drive the corporate in direction of commercialization.
Main the funding spherical is Parkway Enterprise Capital, with contributions from buyers together with Brett Adcock, Aliya Capital, Daring Ventures, Tamarack International, FJ Labs, and Until Reuter (the CEO of KUKA Robotics).
Determine 01 (but to be unveiled) is anticipated to face 5’6″ tall, weigh 132 lbs, and have a payload capability of as much as 44 lbs; the corporate’s preliminary plan is to deploy these humanoids into the workforce (similar to Sanctuary AI) to deal with labor shortages and assist international provide chain operations.
Determine: Based in 2022 and rising from “stealth mode”
In response to TheRobotRepot, Determine has made strategic hires in AI, controls, manipulation, notion, and business operations: Bob Klunk (former the SVP of operations at Geodis) joined as the top of warehouse options, bringing his in depth warehouse expertise.
Jesse Coors-Blankenship (Co-Founder & Managing Companion of Parkway Enterprise Capital) commends Determine’s speedy progress and emphasizes their deal with investing in AI know-how pioneers — a partnership to assist the commercialization of Determine 01.
Earlier than Determine, Brett Adcock based Vettery, a web-based expertise market acquired by the Adecco Group, and Archer Aviation, a publicly-traded firm specializing in eVTOL plane. Determine, based in 2022, not too long ago emerged from stealth mode.
The corporate’s speedy goal is to deploy humanoids into the workforce, beginning with duties in warehouses which are structured, repetitive, and doubtlessly hazardous. The funding will facilitate the testing of early warehouse options and allow agile iteration previous to full-scale business operations. Adcock expresses enthusiasm for the strategic partnership with Parkway and the opposite buyers.
Dr. Jerry Pratt, Determine’s chief know-how officer, brings over 20 years of humanoid robotics expertise to the workforce. Beforehand a principal investigator on the Institute for Human and Machine Cognition (IHMC), Pratt led a robotics workforce centered on strolling and stability, incomes second place within the finals of the DARPA Robotics Problem with Workforce IHMC.
Determine and Agility Robotics Lead Humanoid Improvement, Boston Dynamics Focuses on Analysis
Determine is among the many firms main the event of humanoids for real-world functions. With their Digit humanoid concentrating on warehouse box-moving duties, Agility Robotics is at the moment on the forefront. Different notable firms on this subject embody Apprtonik, Sanctuary AI, and Tesla — Whereas Boston Dynamics’ Atlas stays essentially the most superior humanoid from a mobility standpoint, it’s primarily a analysis and improvement venture.
Filed in . Learn extra about AI (Artificial Intelligence) and Robotics.
Trending Merchandise
