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High Tech Series A Founded 2017

BITO Intelligence

Provider of a SLAM algorithm for robot navigation. It combines sensory inputs from GPS, LIDARs, IMUs and odometer. The company claims the software will allow robots to better perceive the environment and navigate accordingly in both indoor and outdoor settings. Founded in 2017, headquartered in Pittsburgh, United States. The company has raised $9.2M in funding at the series a stage. The team comprises 5 (Jun 30,…

📍 Pittsburgh, United States · Industrial Robotics

Funding snapshot

Last roundSeries A
Amount$9M
Date8 July 2021
Total raised$9M
Team size5

About

Provider of a SLAM algorithm for robot navigation. It combines sensory inputs from GPS, LIDARs, IMUs and odometer. The company claims the software will allow robots to better perceive the environment and navigate accordingly in both indoor and outdoor settings. Founded in 2017, headquartered in Pittsburgh, United States. The company has raised $9.2M in funding at the series a stage. The team comprises 5 (Jun 30, 2026) employees. The company operates in the Industrial Robotics sector. Its business model centers on Navigation. Founded in 2017, headquartered in Pittsburgh, United States. The company has raised $9.2M at the Series A stage. Backed by investors including Foxconn Technology, Matrix Partners China, Crystal Stream Capital, Vision Plus Capital, Fosun RZ Capital and others.

Business model

Industrial Robotics > Tech Enablers > Software > Navigation

Team background

College Wise > Carnegie Mellon University

Institutional investors

Foxconn Technology Matrix Partners China Crystal Stream Capital Vision Plus Capital Fosun RZ Capital Zizhu High-Tech Park Jiangmen Ventures Brain Robotics Capital Xiaomiao Langcheng AIRX

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