Eureka Robotics secures $10.5 million in funding to accelerate the development of its innovative computer vision technologies across the United States.

Eureka Robotics concluded its final week with a significant milestone: securing $10.5 million in Series A funding. This Singapore-based startup’s latest spherical positioning enables accelerated development and deployment of key products, including the Eureka Controller and Eureka 3D Camera. 

The Eureka Controller offers a comprehensive solution for vision-based and robotics applications. The device allows for precise calibration and robust drive management, enabling efficient operation. As a centralized command center, it serves as a critical nexus for integrating and governing diverse business divisions.

Alternatively, Eureka Robotics claims its Eureka 3D Digital Camera was specifically designed to integrate environmentally sustainable and cost-efficient 3D functionality into robotic systems. The technology leverages cutting-edge AI-driven and projector-less 3D reconstruction capabilities. 

The corporation notes that its merchandise enable integrators and manufacturers to implement precise and adaptable HA-HA functions. These advancements enable selecting, object detection, and navigation in factories and warehouses, allowing robots to execute tasks with enhanced precision.

Eureka aims to bring its renowned expertise to the U.S. market.

Backed by cutting-edge robotics and AI insights from esteemed institutions like NTU Singapore, MIT, and the University of Tokyo, Eureka Robotics announced that the funding will facilitate its expansion into key markets in Singapore and Japan. It aims to fully penetrate the US market by leveraging the globe’s potential. The market has already secured initial customers.

Eureka co-founders Dr. Pham Quang Cuong (left) and Dr. Hung Pham. Supply: Eureka Robotics

Upon securing funding from its Pre-Sequence A round led by UTEC, Eureka set up an office in Tokyo, thereby establishing a foothold in the Japanese market and garnering momentum. With additional funding, Eureka intends to expand its operations into several key Japanese cities, including Nagoya and Osaka.

Eureka asserts that its proprietary HA-HA expertise successfully bridges the gap between human intuition and bodily movement, seamlessly integrating high-agility intelligence with high-accuracy spatial precision. This expertise enables robots to tackle complex tasks, such as independently assembling car engines, with both flexibility and micron-level precision, according to the company.

Actual-world manufacturing unit settings have carried out Eureka’s methods, finishing over 25 million operations for trade leaders, together with Toyota, DENSO, Bridgestone, Mitsui Fudosan, and Sumitomo Bakelite in Japan, in addition to Pratt & Whitney, Coherent, and Excelitas within the U.S.

World traders help automation startup

“Eureka Robotics, founded in 2018, aims to revolutionize global manufacturing by automating tedious, hazardous, and dirty tasks, freeing human workers to focus on creative pursuits,” said Dr. Pham Quang Cuong, Co-Founder, and Chief Executive Officer. “We’re thrilled to mark a significant milestone in our journey, thanks to the unwavering support of our valued traders and the seamless collaboration with our loyal customers and partners.” We will continue to leverage our progressive expertise to positively impact society.

B Capital Group, a global venture capital firm, led the investment round. New investors joined the startup’s funding round, including Airbus Ventures, an independent deep-tech venture capital firm, Maruka Corporation, a listed Japanese trading company specializing in equipment, and G. Okay. Goh Ventures, a Singapore-based early-stage investment firm.

Eureka’s Sequence A round also featured prominent backers, including UTEC, one of Asia’s largest deep-tech investment firms, as well as ATEQ, a leading manufacturer in the field of leak testing.