Smart Robotics raises EUR 10m to expand AI robotics platform
Eindhoven-based Smart Robotics has raised EUR 10m (USD 11.2m) to expand its artificial intelligence-driven robotics platforms. The company is directing the funding at automation for logistics and manufacturing, where it points to labour shortages.
Why this mattersHandling automation continues to attract capital on the argument that shift labour in logistics and manufacturing is structurally short.
- Smart Robotics raised EUR 10m (USD 11.2m) in new funding
- The company is based in Eindhoven, Netherlands
- Funds will expand artificial intelligence-driven robotics platforms
- The investment targets labour shortages in logistics and manufacturing
Sources
amsterdamtimes.com