Jacobi Robotics Secures $5M in Seed Funding to Advance AI-Powered Motion Planning Technology
Jacobi Robotics is pioneering in the field of AI and robotics, with its innovative software aimed at transforming the efficiency and functionality of robotics applications across various industries.
Company Name: Jacobi Robotics
Location: Berkeley, CA, USA
Sector: Technology, Artificial Intelligence, Robotics
Funding Details: Raised $5M in Seed funding. The round was led by Moxxie Ventures with participation from Foothill Ventures, Humba Ventures, The House Fund, and existing investors Swift Ventures, Berkeley SkyDeck Fund, LDV Partners, and Courtyard Ventures.
Purpose of Investment: To expand operations and enhance development efforts.
Leadership: Led by CEO Max Cao. The founding team includes Yahav Avigal, Lars Berscheid, Jeff Ichnowski, and Ken Goldberg.
Product: Jacobi Robotics develops advanced AI-powered motion planning technology that significantly improves the programming time and performance of robotic solutions. The platform provides robotics engineers with a comprehensive toolkit designed to enhance robotics capabilities and ensure their reliability in real-world production settings.
About Company: Jacobi Robotics is pioneering in the field of AI and robotics, with its innovative software aimed at transforming the efficiency and functionality of robotics applications across various industries. The company has established significant traction in the market, with agreements in place with leading US manufacturers, robotics solutions providers like Formic, and Fortune 500 companies globally in sectors such as electronics and consumer packaged goods (CPG). This funding will enable Jacobi Robotics to further refine its technology, expand its reach, and continue to meet the growing demand for sophisticated robotic solutions.