|
Take heed to this text |
The GuideNOW system provides adaptive, real-time robotic steering utilizing artificial intelligence and 3D vision technology. | Credit score: Inbolt
Inbolt, a leading innovator, announced today the securing of €15 million (approximately $16.4 million USD) in its Series A funding round, led by Exor Ventures and featuring MIG Capital as a participating investor. The Paris-based company announced plans to leverage the sphere-shaped platform to expand its operations and accelerate the development of its AI-driven, 3D vision guidance technology for robotic applications.
“Inbolt has secured a significant round of funding from MIG Capital, as well as support from its existing and new investors,” stated Rudy Cohen, CEO of Inbolt. “As producer demand surges, further solidifying our expansion and strengthening our footprint across Europe, the USA, and Japan becomes more crucial than ever.”
At the launch of Inbolt’s innovative, self-contained VisionSystem, a groundbreaking 3D visual servoing and real-time vision guidance platform, the company made a significant gain. The solution seamlessly integrates with any industrial robot using a single Intel RealSense camera.
.
InBrain leverages artificial intelligence to process industrial-grade 3D vision.
The Inbolt system leverages the capabilities of RealSense and other 3D camera technologies, including lidar and structured light sensors. The corporation announced that its innovative InBrain software leverages artificial intelligence to process vast amounts of 3D data with high-frequency processing power, thereby determining the location and orientation of a workpiece in real-time, seamlessly adjusting the robot’s trajectory accordingly.
“Inbolt’s impressive growth trajectory has consistently delighted business enthusiasts, while its forward-thinking strategies further solidify its position as a leader in the industry,” said Dr. Oliver Kahl, Principal at MIG Capital. “We’re pleased to offer supplementary support to the talented Inbolt team, and we’re confident that the injection of capital from our esteemed new partner Exor will provide the catalyst needed for continued success.”
“Not until now has the decision been a straightforward one for producers: balancing the returns on investment (ROI) against the pace of automation option deployment, as observed by Exor’s managing director, Noam Ohana.” “Inbolt’s innovative platform excels by employing 3D cameras in tandem with AI, effectively endowing robotic arms with enhanced visual and cognitive capabilities previously challenging to control.”
“This response offers two substantial advantages,” he noted. “It can be deployed in just a few hours and at a significantly lower cost.” It was the successful implementation of Inbolt in regions where labor costs previously rendered automation unfeasible that truly pleased us, coupled with its remarkably user-friendly interface that even non-technical personnel could easily navigate. “We’re thrilled to join forces with Inbolt and contribute to their global growth aspirations.”
Established as a leading 3D supplier, Inbolt has successfully secured its presence on numerous prominent industrial websites across France, Italy, Poland, Hungary, and the U.S. A preliminary agreement with Stellantis allowed the company to realize savings exceeding €3.1 million (approximately $3.4 million) over a one-year period, according to the automaker.
Our esteemed clients at Inbolt include renowned brands such as Ford, Whirlpool, ThyssenKrupp Automotive, and Atlas Copco.
Inbolt able to open U.S. workplace
Inbolt’s Sequence A funding in 2022 featured a €3 million ($3.3 million) seed round backed by investors Exor Enterprises, SOSV, and BNP Paribas Développement. The corporation was founded in 2019 following its successful completion of a four-month pre-accelerator program at the University of California, Berkeley.
“With unparalleled expertise and a wealth of collective knowledge, our partners are uniquely poised to drive informed decisions that propel product innovation and global expansion,” said Cohen.
InBolt plans to open a brand-new US subsidiary, The company plans to revamp its workplace by the end of 2024 in order to enhance its growth and development. The company is working to automate many of the extra operations in their factories.
It’s also increasing its crew. InBolt intends to hire around 30 new employees, effectively tripling its workforce by the end of 2025.
