Sevensense has secured 7.7 million US dollars in a Series A financing round according to a press release. The round was led by the Zurich-based technology company ABB. Sevensense and ABB are also entering into a partnership according to the information provided.
Sevensense develops technologies that enable robots to navigate in complex, dynamic environments in immediate proximity to humans. The spin-off from the Swiss Federal Institute of Technology Zurich (ETH) uses artificial intelligence and computer vision to do so, among other things. Sevensense’s developments are already being used in areas such as logistics, production, and professional cleaning.
Sevensense plans to use the new capital to expand production and explore new business areas. Together with ABB, it hopes to drive forward the next generation of autonomous mobile robots.
Sevensense first impressed ABB at the ABB Robotics Innovation Challenge 2021. This competition assessed various visual SLAM solutions from global technology companies
Featured content: Downloads
Related news
Contact us
Can we put you in touch with a peer company or research institute? Do you need any information regarding your strategic expansion to Switzerland's technology and business center?
info@greaterzuricharea.com