Augmentus, a Singapore-based developer of no-code robotics solutions, has raised $11 million in a Series A+ funding round led by Woori Venture Partners, with participation from EDBI, Sierra Ventures and Cocoon Capital.
According to a news release, the funding will be used to accelerate regional expansion across Asia-Pacific and North America, scale deployments of the company’s autonomous robotic surface finishing and welding systems and advance research and development into its next-generation “Augmented Robotics” systems.
Designed for factory floor operations, Augmentus’ systems eliminate the need for manual coding, according to the company. With this funding, Augmentus plans to deepen direct engagement with end users and expand its network of trusted system integrators to meet growing demand from major manufacturing clients.
“[This round] … allows us to fulfill our growing backlog while accelerating R&D into hyper-adaptive robotics that can perceive and respond on the fly, even in chaotic, high-mix environments where no two parts are alike. These are the hardest problems in automation-surface finishing, material removal and welding, and we’re solving them at scale,” Augmentus CEO Daryl Lim said in a statement.
