European robotics deployment company microagi has raised $55 million in seed funding to expand Atlas, its data and deployment platform for industrial companies. Hummingbird led the investment, with participation from Northzone, LocalGlobe, Village Global, and redalpine. This financing is touted as the largest seed financing in German history. The funds will be used to scale Atlas with large industrial customers.
Company Information
Company
microagi
Location
Munich, Bavaria, Germany
About
microagi is a European robotics deployment company that focuses on developing its Atlas platform, which captures factory data and fine-tunes models for plant-specific robotics tasks. Founded by former Formula 1 engineers, the company aims to bridge the gap between existing factory infrastructure and advanced AI models to facilitate the deployment of robots in industrial settings. microagi does not manufacture robots but works with partners to implement robotics solutions in factories. Their platform is designed to be hardware- and model-agnostic, allowing for flexibility across different robot makers and AI models.
Fundz sees it the moment microagi raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
MunichManufacturingSoftwareArtificial IntelligenceMachine LearningRoboticsIndustrial Automation