Cogniteam Raises $5.6M in Series A Funding


Cogniteam, a Tel Aviv, Israel-based robotics development company, raised $5.6M in Series A funding.

The round was led by Seabarn Management, and Panthera family office members.

The company intends to use the funds to boost product development and expand sales and support teams.

Led by CEO Dr. Yehuda Elmaliach, Cogniteam provides Nimbus, a robotics AI operating platform, which boosts collaborative robotic development capabilities, helping companies bring new robotic programs to market in a fraction of the time. The platform offers a simulated environment where software developers can thoroughly test their capabilities before the prototype physical robot build-out has been completed.

Alongside this virtual testing environment, developers can select pre-built software packages from the ROS operating system, NVIDIA’s ISAAC SDK GEMs toolset, and field-tested algorithms that were developed in-house by Cogniteam. Once mobilized, Nimbus-operated robots are kept up to date throughout their life with the latest software developments and AI learnings through regular Cloud updates and lesson sharing.