Cogniteam has raised $ 4.2 million to bring its revolutionary AI-based drag-and-drop software to the robot community. “This software enables the development of advanced robotics at scale and in a fraction of the time,” said lead investor Andrew Owens, Founder and CEO of Seabarn Management.
Cogniteam, an advanced robotic AI software development company, recently raised $ 4.2 million from private equity funds, led by Seabarn Management Founder and CEO Andrew Owens. They were joined by an investment group from the UK private office Panthera.
Cogniteam has developed an AI-based robot automation and programming system for the development, maintenance, control and deployment of robots and fleets. This will accelerate the next robotic revolution.
As robotic development companies program increasingly complex robotic applications, they typically start with the open source robotic operating system (ROS), before being stuck by its limitations. The generic nature of open source resources lacks the complex layers needed to address real-world robotic challenges.
Cogniteam dramatically reduces the development time and cost of new robotics applications, which are currently around six years, by delivering a single program that will take into account the full lifecycle of a robot’s development and operation. Cogniteam’s cloud-based robotic operating system is based on technology proven in field-tested robots that Cogniteam has developed over the past 11 years.
Cogniteam software will save businesses thousands of hours of programming and testing. This complete platform is open to companies and individuals who wish to develop robots based on pre-built customizable software packages. Users benefit from launching projects based on out-of-the-box software packages, enabling even the largest companies to overcome common fundamental programming challenges.
As a robotic disruptor, Cogniteam’s software integrates the use of spatial awareness, obstacle avoidance, and other advanced navigation features into modern robots. “Cogniteam executives have over a decade of experience in advanced robotic technologies,” said Andrew Owens, Founder and CEO of Seabarn Management. “Their operating system will allow software developers and mechanical engineers to work in tandem, which will reduce development time and change the efficiency with which industries develop robots today.”
Cogniteam’s work has helped partners such as Mitsubishi, Intel, ADLINK, AAEON and others reduce time to market for critical projects. Ready for growth, the team approached Owens for his holistic perspective in running businesses at all stages. “Mr. Owens and the Panthera Private Office have demonstrated a deep appreciation and recognition of the potential of the global robotics industry, seeing Cogniteam as the software engine of today’s robotics revolution,” said Dr. Yehuda Elmaliah, CEO and Co-Founder of Cogniteam “These funds will be used to finalize the final parts of our technology and bring our product to market.”
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