Bota Systems secures USD 2.5 Million in seed funding to enhance robotic sensory capabilities
03.10.2023
The capital injection will help strengthen Bota Systems' global footprint and introduce robotic solutions to address labour shortages in manufacturing, particularly in areas like polishing, assembly, and handling.
 Bota Systems Co-Founders: Klajd Lika and Ilias Patsiaouras
|
 |
Bota Systems, a pioneer in advancing robotics with force torque sensing solutions, announces the completion of a USD 2.5 Million seed round led by Marathon Venture Capital, along with the participation of angel investors. As part of the round, Bota Systems will grow the team to address the increasing demand by leading research labs and manufacturing companies globally, along with accelerating its ambitious product roadmap towards delivering a superior robotic platform.
During the last decades, a sequence of technological advancements enabled robots to swim, fly, walk, crawl and replicate human work with astonishing speed and precision. Accurate data coming from onboard sensors, with the integration of Al, allows the automation of tasks that humans could not even imagine before. Robots now play a pivotal role in modern manufacturing, with over half a million new industrial robots installed last year. While their range of tasks performed is growing, there is one fundamental aspect where robots lag behind: the sense of touch.
Unlike humans, who can adapt movements based on sensory feedback, robots still require any movements to be predefined. That means the robot's controller should know all geometrical data within its workspace with very high precision. If an item is not exactly where it should be or its shape is slightly different, a robot fails to adapt or just breaks. To unlock the next stage of the robotics revolution, we need to find ways to enable physical interactions and dynamic movements in robots.
Bota Systems' platform, which consists of advanced in-house developed force torque sensors with built-in electronics and proprietary Al, can equip robotic arms with flexibility and adaptability, enabling for the first time use cases such as polishing complex surfaces,
assembling delicate parts, or performing interactive tasks. Indicatively, Bota Systems empowers autonomous robots for electric vehicle charging, telepresence of humans (humanoid robots), and teaching polishing, sanding, and grinding by hand guiding, among others.
Klajd Lika, CEO of Bota Systems, stated: "We are on a mission to give robots the sense of touch and we keep being amazed to see how many different use cases our platform is serving across geographies and sectors. We decided to double down our efforts to serve more leading customers globally and further accelerate our ambitious product roadmap". “We are excited to announce Bota Systems’ USD 2.5 Million funding round. This investment fuels our mission towards wider robot adoption across the globe by enhancing their capabilities to sense and interacts with their workspace,” added llias Patsiaouras, CTO of Bota Systems.
Bota Systems won Venture Kick Stage 3 in 2020.
"We won the Stage 3 of Venture Kick in 2020. During the Venture Kick process we learned a lot about how to speak with investors, blend the research and innovating mindsets with a business perspective, and become ready to transfer our potential and technology to the market. Venture Kick has a great reputation for training great Swiss Startups and for us, it was an important achievement. The Venture Kick jury is composed of successful business people, investors, and specialists. We considered winning Venture Kick as proof that our startup makes sense. Today we announce our seed funding to advance our technology and grow our company while being able to show significant traction in the market," said Klajd Lika, CEO and Co-Founder of Bota Systems.
During the last decades, a sequence of technological advancements enabled robots to swim, fly, walk, crawl and replicate human work with astonishing speed and precision. Accurate data coming from onboard sensors, with the integration of Al, allows the automation of tasks that humans could not even imagine before. Robots now play a pivotal role in modern manufacturing, with over half a million new industrial robots installed last year. While their range of tasks performed is growing, there is one fundamental aspect where robots lag behind: the sense of touch.
Unlike humans, who can adapt movements based on sensory feedback, robots still require any movements to be predefined. That means the robot's controller should know all geometrical data within its workspace with very high precision. If an item is not exactly where it should be or its shape is slightly different, a robot fails to adapt or just breaks. To unlock the next stage of the robotics revolution, we need to find ways to enable physical interactions and dynamic movements in robots.
Bota Systems' platform, which consists of advanced in-house developed force torque sensors with built-in electronics and proprietary Al, can equip robotic arms with flexibility and adaptability, enabling for the first time use cases such as polishing complex surfaces,
assembling delicate parts, or performing interactive tasks. Indicatively, Bota Systems empowers autonomous robots for electric vehicle charging, telepresence of humans (humanoid robots), and teaching polishing, sanding, and grinding by hand guiding, among others.
Klajd Lika, CEO of Bota Systems, stated: "We are on a mission to give robots the sense of touch and we keep being amazed to see how many different use cases our platform is serving across geographies and sectors. We decided to double down our efforts to serve more leading customers globally and further accelerate our ambitious product roadmap". “We are excited to announce Bota Systems’ USD 2.5 Million funding round. This investment fuels our mission towards wider robot adoption across the globe by enhancing their capabilities to sense and interacts with their workspace,” added llias Patsiaouras, CTO of Bota Systems.
Bota Systems won Venture Kick Stage 3 in 2020.
"We won the Stage 3 of Venture Kick in 2020. During the Venture Kick process we learned a lot about how to speak with investors, blend the research and innovating mindsets with a business perspective, and become ready to transfer our potential and technology to the market. Venture Kick has a great reputation for training great Swiss Startups and for us, it was an important achievement. The Venture Kick jury is composed of successful business people, investors, and specialists. We considered winning Venture Kick as proof that our startup makes sense. Today we announce our seed funding to advance our technology and grow our company while being able to show significant traction in the market," said Klajd Lika, CEO and Co-Founder of Bota Systems.