GrayMatter Robotics, a Los Angeles, CA-based AI-Robotics company providing smart automation solutions, raised $20M in Series A funding.
The round was led by B Capital Group, Calibrate Ventures, OCA Ventures, Pathbreaker Ventures, Stage Venture Partners, and 3MVentures, as well as new backer Swift Ventures.
The company intends to use the funds to expand its team, hiring for a wide range of roles, and accelerate the development & deployment of its AI-Robotic solutions.
Led by CEO Ariyan Kabir, and CTO Brual Shah, GrayMatter Robotics is an AI-Robotics company delivering smart robotic automation solutions for tedious and ergonomically challenging tasks. It serves a wide range of manufacturing industries with its smart robotic cells for high-mix surface finishing and surface treatment applications, enabling them to improve the quality of life of shop floor workers, enhance the production capacity, and reduce scrap, repair, and rework costs.
FinSMEs
17/08/2022