Recently, 36kR learned that Contoro Robotics, an American technology company, announced that it has received $4.7 million in seed funding. The round was led by SV Investment, with participation from Kakao Ventures, Bass Investment, Future Play and UT Austin Seed Fund. This round of funding will mainly be used to accelerate the development of intelligent robotics technology. To date, Contoro Robotics has raised $6 million in funding, including $1.3 million in pre-seed funding led by Village Global in 2022.
Contoro Robotics, based in Texas, USA, is a company that develops artificial intelligence and teleoperation technology, aiming to achieve autonomous remote control of robots through technological innovation. Contoro Robotics is committed to combining artificial intelligence and human intelligence to produce intelligent robotic arms and promote the wide application of robots in multiple fields such as logistics, manufacturing and agriculture.
Contoro Robotics uses computer vision technology, artificial intelligence technology and autonomous supervision technology to develop functions such as remote operation and haptic feedback to continuously optimize the human-machine interface. On the one hand, Contoro Robotics promotes the continuous learning of AI through data feeding and technology update, and plays the core role of AI in robot operation. On the other hand, by means of human-computer interaction, Contoro Robotics can also remotely monitor the working situation of the robot, carry out necessary manual intervention, discover and deal with abnormal problems in time, and gradually realize complete automation.
At this stage, Contoro Robotics is focusing on the warehousing business line, providing reliable technical support for robots unloading containers overseas. Contoro Robotics’ robots streamline workflows and reduce the cost and time required to unload containers, while improving safety and alleviating global labor shortages. The pilot project of Contoro Robotics technology will be launched in the third quarter of 2023.
Youngmok Yun, CEO and founder of Contoro Robotics, said: “We are pleased to receive this investment, which accelerates the development of smart technology deployment. We have made progress in the field of logistics and believe that different industries can benefit from our automated robotics technology in the future.”
Dr. Yong Choi, an investor at SV Investment, said: “We have great trust in Contoro Robotics’ technology, as they have rich experience in various aspects of robot appearance, touch, artificial intelligence, computer vision, remote control and can continuously optimize the robot’s action instructions and algorithms. We expect Contoro Robotics’ solutions to unlock even greater market potential for countless common tasks, truly automating and making everyday life easier.”