Intuition Robotics, a Ramat Gan, Israel-based developer of digital companion technologies, raised $36M in Series B funding.
The round, which brought total funding to $58M, was co-led by SPARX Group and OurCrowd, with participation from Toyota AI Ventures, Sompo Holdings, iRobot, Union Tech Ventures, Happiness Capital, Samsung Next, Capital Point and Bloomberg Beta. In conjunction with the funding, Jim Adler, Founding Managing Partner at Toyota AI Ventures, will join Intuition Robotics’ Board of Directors.
The company intends to use the funds to invest in advancing its technology, cognitive AI capabilities and tools, and plans to expand the availability of its digital companion into domains beyond longevity and automotive.
Founded in 2016 by Dor Skuler, CEO, Intuition Robotics enables the creation of relationships between humans and machines that influence behaviors and emotions through digital companion agents, powered by the company’s cognitive AI engine, Q. The company offers Q to 3rd parties, starting with automakers, to transform their products into dynamic, white labeled digital companions. Q also powers ElliQ®, its internal product aimed at improving the lives of older adults by reducing loneliness and social isolation.
Intuition Robotics currently employs 85 people with offices in Israel, San Francisco and Greece.