The more we share with robots, the more important it is to help them find their way. SLAMcore was founded in 2016 and is based in London. SLAM is a common acronym for simultaneous localization and mapping.
The company has developed technologies that can be used on a wide range of robotic systems, from vacuums to the more advanced systems being deployed in warehouses across the U.S. The firm says that systems can be used to find one's way around the metaverse.
Meta has begun to use some of its existing technolgoies, according to SLAMcore. Over the last couple of years, the Pandemic has dramatically accelerated the adoption of robotic and automation, and there has been a fair amount of financial interest in the firm. The $16 million Series A will be announced today.
The round was led by two companies. Along with Amadeus Capital, Global Brain, IP Group, MMC and Octopus, other companies joined the round. A $5 million seed round was raised by the company.
Owen Nicholson said in a release that for far too long, robots have not been able to navigate physical spaces with the level of accuracy and efficiency that we know is possible.
Expansion of its consumer-grade suite of offerings will be the focus of the round.
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