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High Tech Series A Founded 2012

RoboCV

RoboCV is a provider of AI-enabled autopilot software for warehouse automation, marketed under the product name X-MOTION NG. The software system is designed to be plugged directly into the guidance system of automated guided vehicles (AGVs), controlling steering, acceleration, and braking systems to enable fully autonomous movement. X-MOTION NG uses vision sensors to scan the entire environment, mathematically…

📍 Moscow, Russia · Industrial Robotics,

Funding snapshot

Last roundSeries A
Amount$3M
Date17 February 2015
Total raised$4M
Team size13

About

RoboCV is a provider of AI-enabled autopilot software for warehouse automation, marketed under the product name X-MOTION NG. The software system is designed to be plugged directly into the guidance system of automated guided vehicles (AGVs), controlling steering, acceleration, and braking systems to enable fully autonomous movement. X-MOTION NG uses vision sensors to scan the entire environment, mathematically builds a model of the surroundings, and makes decisions on preferred routing and obstacle avoidance maneuvers based on this model. The system enables existing manually-operated vehicles and AGVs to be retrofitted with autonomous navigation capabilities without requiring comprehensive hardware replacement. RoboCV's technology serves the industrial robotics and warehouse automation sectors, providing navigation software that acts as a technology enabler for both consumer and industrial robotics applications. Founded in 2012 and headquartered in Moscow, Russia, the company has raised $3.5M in Series A funding from investors including VTB Capital Investment Management, Leta Capital, I2BF Global Ventures, Almaz Capital, Columbus Nova, Hacker Unit, GVA Capital, and GVA.

Business model

Consumer Robotics > Tech Enablers > Navigation Systems > Navigation Software,

Industrial Robotics > Tech Enablers > Software > Navigation

Institutional investors

VTB Capital Investment Management Leta Capital I2BF Global Ventures Almaz Capital Columbus Nova Hacker Unit GVA Capital GVA

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