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Sevensense raises $7.7M Collection A, led by ABB

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Sevensense raises .7M Collection A, led by ABB

Sevensense Robotics raised a Collection A funding of $7.7 million, led by ABB Expertise Ventures. The financing is anticipated to shut by the top of November 2021.

Sevensense Robotics was based in 2018 as a spin-off from ETH Zurich and obtained early assist from Wyss Zurich. Headquartered in Zurich, Sevensense employs 25 folks and presents industry-grade 3D Visible SLAM localization and navigation options for every kind of autonomous robots, from forklifts to skilled cleansing machines.

“We’ve got demonstrated that our expertise is mature and able to be deployed at scale in industrial settings. At this time we set a basic milestone on the trail that leads Sevensense nearer to reaching its imaginative and prescient: enabling cell robots to be operated in all places, by anybody!” acknowledged Gregory Hitz, CEO of Sevensense Robotics.

The corporate at present OEMs its navigation software program to a number of cell robotics companions, together with Wetrok AG, Safelog and Rapyuta Robotics. ABB can also be considered one of its prospects. ABB is putting in Sevensense’s software program and {hardware} into its AMRs, and start pilot buyer initiatives in 2022. ABB is finest identified for its industrial and collaborative robotic arms, however in July 2021 it started to enterprise into AMRs with the acquisition of ASTI Cell Robotics for $190 million.

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