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Deep Tech

Precision Robotics Startup Scores Major Funding Boost

Rary Maharani
Last updated: December 19, 2024 12:55 am
Rary Maharani
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1 Min Read
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  • Eureka Robotics secures $10.5M
  • Expanding globally
  • Transforming manufacturing through AI-powered robotic precision technologies

Contents
Robotic Revolution Hits OverdriveGlobal Expansion Takes FlightAI-Powered Manufacturing Gets a Turbocharge

Robotic Revolution Hits Overdrive

Singapore-based Eureka Robotics has secured $10.5 million in Series A funding, led by B Capital. The investment round attracted notable participants including Airbus Ventures, Maruka Corporation, and G. K. Goh Ventures. Returning investors UTEC and ATEQ also contributed to the financial milestone.

Global Expansion Takes Flight

The fresh capital will propel Eureka Robotics’ strategic expansion into the United States market and deeper penetration of existing markets in Singapore and Japan. The company plans to establish operations in major Japanese cities like Nagoya and Osaka.

Their core products, Eureka Controller and Eureka 3D Camera, aim to revolutionize industrial automation through high-precision robotic solutions.

AI-Powered Manufacturing Gets a Turbocharge

Founded in 2018, Eureka Robotics leverages cutting-edge research from NTU Singapore, MIT, and the University of Tokyo to develop advanced robotic systems.

Their proprietary High Accuracy – High Agility (HA-HA) technology enables robots to perform complex tasks, from engine assembly to precision manufacturing, boasting an impressive track record of over 25 million operations for industry giants like Toyota and Bridgestone.

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