AI startup Sereact lands 25M to give dumb robots better brains
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Stuttgart, Germany-based Sereact has secured 25mn to advance its embodied AI software that enables robots to carry out tasks they were never trained to do.With our technology, robots act situationally rather than following rigidly programmed sequences. They adapt to dynamic tasks in real-time, enabling an unprecedented level of autonomy, said Ralf Gulde, CEO and co-founder of Sereact (short for sense, reason, act).Early Spotify and Klarna-backer Creandum led the Series A round. Existing investors Point Nine and Air Street Capital also chipped in as did several prominent angel investors. These include former Formula 1 World Champion Nico Rosberg, ex-DeepMind product lead Mehdi Ghissassi, and past Skype exec Ott Kaukver.Typically, robots like those Roomba vacuum cleaners are hard-coded. This means they follow exact instructions that enable them to repeat specific tasks.Sereacts eembodied AI, however, acts like a robots brain, allowing them to analyse and even learn new jobs on the go. This is thanks to a machine learning technique called zero-shot visual reasoning, which allows AI to understand and interpret images without prior specific training on those types of images.Limited tickets available - Book NowThe model, dubbed PickGPT, makes robots smarter. It also means humans dont have to pre-program them for each task, saving time for the companies that use them.The opportunities here are endless and its great to see this kind of innovation coming from Europe, said Johan Brenner, general partner at Creandum.Sereacts approach is similar to that of UK startup Wayve, which raised $1bn in Europes largest-ever AI funding round last year. However, while Wayves tech targets autonomous vehicles, Sereact focuses on logistics and warehouse robots that do things like pick and pack, sort goods, and runqualitycontrol checks.Firms like BMW, Daimler Truck, Bol and Active Ants have already adopted Sereacts software at their factories. However, the startup is now looking to venture beyond the warehouse.Sereact said it will use the fresh funding to develop new robot hardware platforms, such as mobile robots and humanoids. The company also plans to expand its US presence.Were on an exciting journey to become the leading platform for robotics applications that forever change the daily lives of people and businesses, said Gulde. Story by Sin Geschwindt Sin is a climate and energy reporter at TNW. From nuclear fusion to escooters, he covers the length and breadth of Europe's clean tech ecos (show all) Sin is a climate and energy reporter at TNW. From nuclear fusion to escooters, he covers the length and breadth of Europe's clean tech ecosystem. He's happiest sourcing a scoop, investigating the impact of emerging technologies, and even putting them to the test. Sin has five years journalism experience and holds a dual degree in media and environmental science from the University of Cape Town, South Africa. Get the TNW newsletterGet the most important tech news in your inbox each week.Also tagged with
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