GrayMatter Robotics Raises $4.1M in Seed Funding

GrayMatter Robotics

GrayMatter Robotics, a Los Angeles, CA-based creator of smart robotic assistants that help humans do surface treatment tasks such as sanding and spraying on manufacturing lines, raised a $4.1m in seed funding.

The round was co-led by Stage Venture Partners and Calibrate Ventures, with participation from 3M Ventures, OCA Ventures, Pathbreaker Ventures, and B Capital Group.

The company will use the funds to scale up hiring, accelerate development of its robots used for sanding and finishing parts on manufacturing lines, and engage with a wider customer base.

Led by Ariyan Kabir, CEO, GrayMatter has developed proprietary AI algorithms that enable industrial robots to program themselves. GrayMatter packages its software with commercially available robots, sensors, and tools to deliver smart robotic assistants to manufacturers for use in surface-finishing applications. GrayMatter-powered robots are intelligent and can learn to work on a new part they have never encountered before in a matter of minutes. The company’s turnkey robotic solutions help manufacturers grow capacity, maintain consistent quality, and keep a digital trace for improving operations.

FinSMEs

29/09/2021