HomeFinTechMicropsi Industries: Raises $30M in Series B Funding

Micropsi Industries: Raises $30M in Series B Funding

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Micropsi Industries Raises $30M in Series B Funding

  • Micropsi Industries, a Berlin, Germany- and New York City-based robotics software company, closed its $30M Series B funding round
  • New investors Metaplanet, VSquared and Ahren Innovation Capital co-led the funding round
  • Existing investors Project A Ventures and M Ventures also participated
  • The new funding is going to be used to expand operations in the US, ramp up sales efforts and expand to more robot platforms
  • MicropsiIndustries is a software company at the forefront of innovation in robotic automation for manufacturing, with a particular emphasis on assembly tasks
  • By using cameras and sensors to react in real-time to dynamic conditions in a workspace, robots can be trained by humans to perform hand-eye-coordinated actions in industrial environments
  • The company has recently hired robotics expert Prof. Dominik Bösl as managing director to be in charge of the company’s ambitious technology roadmap
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