Robotics startup Eureka Robotics raises investment from Airbus Ventures to accelerate the development and deployment of its main products, Eureka Controller and Eureka 3D Camera. These products enable system integrators and manufacturers to deploy high accuracy-high agility (HA-HA) applications in factories and warehouses.
The 2018-founded Singapore-based startup will also use the funds to scale its operations in the existing markets in the country and Japan and enter the US market, where it has already acquired initial customers.
“Eureka Robotics was founded in 2018 with the mission of helping factories worldwide automate dull, dirty, and dangerous work, so that human workers can focus on their creative endeavors,” explains CEO and Co-founder Dr. Pham Quang Cuong. “We are proud to reach the next stage of our development, with the support of our investors and the cooperation of our esteemed customers and partners. We will continue to make further efforts to bring our innovative technology to society.”
Empowered by Robotics and AI research from NTU Singapore, MIT, and the University of Tokyo, Eureka Robotics delivers robotic software and systems to automate tasks that require High Accuracy and High Agility (HA-HA). Common uses include AI-based Inspection, Precision Handling, 3D Picking, Assembly, or Dispensing.
“Eureka’s technology excels in achieving micron-level accuracy in order to harness the full potential of hardware. The team’s expertise in calibration, motion planning, and force control has powered tens of millions of operations in real-world commercial environments,” remarks Yuichiro Hikosaka, Principal at Airbus Ventures. “We’re thrilled to welcome the team into the Airbus Ventures startup portfolio.”
Eureka’s strengths lie in its proprietary technologies (High Accuracy Calibration, Computer Vision, Motion Planning, Force Control) and extensive industrial deployment experience, with more than 25 million HA-HA operations to date in factories worldwide. Eureka has offices in Singapore, Vietnam, and Japan, and their customer base ranges from industry-leading companies such as Toyota, Denso, Bridgestone, Mitsui Fudosan, Sumitomo Bakelite from Japan, to Pratt & Whitney, Coherent, and Excelitas.
