Eureka Robotics, the team behind the ‘IkeaBot’, picks up $4.25M

Remember the IkeaBot? The Ikea furniture that the robot was able to build was better than what humans could. The University of Tokyo Edge Capital Partners, one of Asia's largest deep-tech investment firms, led a pre-Series A round of $4.25 million for the team behind the project.

The products are based on research from Nanyang Technological University. It focuses on robotic software and systems to automate tasks that require high accuracy and high agility. Its machines are used for a variety of tasks.

This robot can build your IKEA furniture

The High-Accuracy calibration of the controller gives the robot the ability to perform vision-guided tasks with sub-millimeter accuracy, while Force Control gives the robot the ability to perform tight assembly and insert. High agility involves computer vision that allows robots to find randomly placed objects. Real-time motion planning helps the robot move towards an object.

The Ikea robot was the first to deploy technologies originally developed for the shop floor. It is capable of handling multiple-sized objects and loading them onto a tray in order to be coated. The company has received multiple follow-up orders for the robot, and it is currently operating in a factory in Singapore.

Eureka Robotics’ new robotic arm is designed for optical lenses and mirrors

The funding will be used to accelerate the development of the company's flagship product, which allows factories to deploy HAHA tasks in System Integrators and factories. While the core technologies are mature and have already been deployed in production, we want to make them easy to use for System Integrators. It is difficult to make advanced technologies easy to use by non-programmer engineers.

With the help of UTEC and Touchstone, the company plans to expand its commercialization in Singapore and China, as well as new markets like Japan and Vietnam. It has offices in Singapore and France, as well as distribution partners in China, Japan, and the U.S.

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