Company Name: Augmentus
Sector: Robotics / No-Code Software
Funding Details: Raised $5M in Series A funding, led by Sierra Ventures with participation from Cocoon Capital.
Purpose of Investment: To scale operations in the US, Europe, and Asia, and intensify research.
Leadership: CEO Leong Yong Shin
Product: A no-code platform for intelligent computer vision and robot motion planning that drastically reduces the time for industrial robot programming.
About Company: Augmentus is at the forefront of simplifying robotics programming, making it accessible and efficient for over 30 manufacturers globally, including Fortune 500 companies. Compatible with leading robot OEMs like ABB, Kawasaki, and Kuka, Augmentus aims to democratize robot programming through its innovative platform.
Expansion Plans: Through the Augmentus System Partner (ASP) program, the company plans to collaborate with system integrators and channel partners to address the needs of high-mix and complex manufacturing sectors.