AICA Closes CHF 1.2M in Funding

source: AICA
source: AICA

AICA, a Lausanne, Switzerland-based startup that uses Artificial Intelligence to automate manufacturing processes that are complex and hard for people to accomplish, raised CHF1.2M in funding.

Backers included Spicehaus Partners, High-Tech Gründerfonds, and Schaeffler Group.

The company intends to use the funds to expand its library of applications and deploy its solutions internationally.

Led by CEO Baptiste Busch, AICA combines reinforcement learning and close-loop force control, giving robots a sense of touch and the ability to learn and adapt autonomously to changes. This approach makes robot programming for complex applications affordable and efficient. It also offers manufacturers the flexibility to automate “dirty, dull & dangerous” processes that are currently still performed manually, including activities such as the manipulation of heavy material, or the handling of chemicals, or other tasks where human physical and mental health is at risk.

The company was spun off from the LASA (Learning Algorithms & Systems Laboratory) of EPFL (Ecole Polytechnique Fédérale de Lausanne).

FinSMEs

21/03/2023