GenRobot AI raises $100 million for robot training data platform
GenRobot AI raised $100 million in a Series A+ funding round, according to The SaaS News. The Beijing company provides data infrastructure for training robots used in homes, manufacturing and logistics.
Investors included SAIC Motor, Eastworlds, Baidu, Shoucheng Holdings, Galaxy General Robotics, GL Ventures, CITIC Goldstone, CCB International and Huatai Zijin.
GenRobot AI will use the funding to develop its data infrastructure and expand its Matrix platform. The platform synchronizes, cleans and labels recordings of human movements, allowing robot developers to train and evaluate their systems with demonstration data. The company provides equipment and software that record people demonstrating tasks, giving developers training data for household, factory and logistics robots.
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