Pashoot Robotics, a Ness Ziona, Israel-based company which specializes in contextual robotics for manufacturing, closed its Pre-Seed funding, raising $1.5m.
Backers included private investors and the Israeli Innovation Authority grant.
The company intends to use the funds to further develop its technology and make robotic automation accessible to a broader range of users.
Led by Ron Fridental (CEO) and Dr. Mica Arie-Nachimson (CTO), Pashoot Robotics focuses on developing robotic automation solutions that cater to SMEs and high-mix production that currently have no real answer. It aims to tap into a market of over $600 billion by using AI to replace manual engineering automation processes, removing its entry barrier.
FinSMEs
31/05/2023