Eureka Robotics, IkeaBot Team, Gets $4.25 Million

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Remember IkeaBot? The robot has gone viral for its ability to assemble Ikea furniture just as (or better) as humans. The team behind the project founded Eureka Robotics, which announced today that it has raised $4.25 million in a pre-Series A round led by the University of Tokyo’s Edge Capital Partners (UTEC). one of Asia’s largest deep tech investment firmswith the participation of the Vietnamese company Touchstone Partners and the returned investor ATEQ.

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Eureka Robotics products are based on research from the Nanyang Technological University in Singapore and the Massachusetts Institute of Technology. The focus is on robotic software and systems for automating tasks requiring high precision and high flexibility (HAHA). Its robots are used for precision machining, assembly, inspection, drilling and other tasks.

This robot can assemble your IKEA furniture

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Eureka’s High-Accuracy Calibration of the Eureka controller synchronizes the robot and camera reference frames with high precision, providing sub-millimeter accuracy in vision-guided tasks, while Force Control gives the robot the ability to perform tight assembly and insertion with up to 50 micron clearance. Meanwhile, its high agility includes computer vision that allows robots to recognize and locate randomly placed objects. Once the robot finds the position of an object, real-time motion planning helps it move towards it.

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An example of how Eureka Controller can be used is Archimedes, which pioneered the use of technology originally developed for an Ikea robot on the shop floor. It is capable of handling lenses and mirrors of various sizes and loading these fragile items onto a coating tray. Eureka co-founder Dr. Pham Quang Cuong told TechCrunch that Archimedes is currently working out of a plant in Singapore servicing a US laser lens maker and that the company has received several additional orders for the robot.

The funding will be used to accelerate the development of Eureka Controller, the company’s flagship product that allows factories to deploy HAHA tasks to system integrators and factories. Eureka co-founder Dr. Pham said that “while the core technologies are mature and already deployed in production, we want to make these technologies really easy to use for system integrators. Making cutting-edge technology easy for non-programmer engineers to use is really hard.” Part of the funding will be used to expand the Eureka Robotics software and product development team to work on the Eureka Controller.

Eureka Robotics also plans to expand its commercialization in Singapore and China, as well as new markets such as Japan and Vietnam, with UTEC and Touchstone, respectively. It currently has offices in Singapore and France, as well as distribution partners in China, Japan and the United States.


Credit: techcrunch.com /

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