Eureka Robotics, the team behind the ‘IkeaBot’, raises $4.25 million – MovieUpdates

Do you remember the IkeaBot? The robot went viral for its ability to build Ikea furniture as well (or better) than humans can. The team behind the project then founded Eureka Robotics, which today announced it has raised a $4.25 million pre-Series A round led by the University of Tokyo Edge Capital Partners (UTEC), one of Asia’s largest deep tech investment firms, with the participation of Touchstone Partners of Vietnam and recurring investor ATEQ.

Eureka Robotics’ products are based on research from Nanyang Technological University in Singapore and MIT. It focuses on robotic software and systems to automate tasks that require High Accuracy and High Agility (HAHA). The robots are used for precision handling, assembly, inspection, drilling and other tasks.

The high-precision calibration of the Eureka controller synchronizes the robot’s and camera’s reference frames with high accuracy, enabling sub-millimeter accuracy on vision-guided tasks, while Force Control gives the robot the ability to mount and insert tightly, with clearance up to 50 microns. Meanwhile, the high maneuverability includes computer vision that allows robots to recognize and locate arbitrarily placed objects. Once the robot finds the position of an object, real-time motion planning helps it move towards it.

An example of how the Eureka controller can be used is the Archimedes, which first implemented technologies originally developed for the Ikea Robot on a shop floor. It is capable of handling multiple sized lenses and mirrors and loading those delicate objects onto a tray to coat them. dr. Pham Quang Cuong, co-founder of Eureka, told MovieUpdates that the Archimedes currently works at a factory in Singapore and serves a US manufacturer of laser lenses, and that the company has received multiple follow-up orders for the robot.

The funding will be used to accelerate development of Eureka Controller, the company’s flagship product, which enables factories to implement HAHA tasks across systems integrators and factories. Eureka co-founder Dr. Pham said that “although the core technologies are mature and already in production, we really want to make these technologies easy to use for systems integrators. It’s actually difficult to make advanced technologies easy to use for non-programmer engineers.” Part of the funding will be used to help Eureka Robotics’ software engineering and product teams work on the Eureka Controller.

Eureka Robotics also plans to expand its commercialization in Singapore and China, and new markets such as Japan and Vietnam, with the help of UTEC and Touchstone, respectively. It currently has offices in Singapore and France and distribution partners in China, Japan and the US

Show Love ❤️