- Belgium-based computer vision company RoboVision raised $42 million in its latest funding round for its AI-enabled vision platform, aimed at simplifying AI integration into manufacturing lines across various sectors.
- RoboVision plans to utilise the funds to expand its presence in the United States and venture into new markets such as Germany, France, the United Kingdom, and the Middle East.
- CEO Thomas Van den Driessche expressed excitement about the company’s growth trajectory and its advances in AI-powered automation.
OUR TAKE
Belgium-based startup RoboVision secures $42 million to enhance AI integration in manufacturing, aiming to leverage AI-powered automation. This concept involves using AI technologies to automate tasks traditionally performed by humans, employing machine learning algorithms, natural language processing, computer vision, and other techniques to analyse data, make decisions, and execute actions without direct human intervention. By streamlining processes, increasing efficiency, reducing errors, and freeing up human workers to focus on more complex or creative tasks, AI-powered automation holds significant potential for transforming various industries, including manufacturing.
–Sylvia Shen, BTW Reporter
RoboVision, a Belgium-based computer vision company, raised $42 million for its AI-enabled vision platform during the latest round. The platform is designed to streamline the integration of AI into manufacturing lines across various sectors.
RoboVision plans global expansion
Investors include Target Global, Astanor Ventures, and Red River West in the Series A round. With the funds raised, RoboVision has accumulated a total funding of $65 million.
According to RoboVision, the fund will be used to grow its current footprint in the United States and expand to other regions, including Germany, France, the United Kingdom, and the Middle East.
The CEO of RoboVision, Thomas Van den Driessche, stated that the business will utilise the funding to expand internationally and “further solidify our position as pioneers in AI-powered automation.”
He stated: “I look forward to this next chapter in our journey as we accelerate our expansion into new markets and carry out our strategic vision.”
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About RoboVision
RoboVision is a central hub for managing vision intelligence within smart machines, enabling the seamless integration of AI without requiring expertise in the field.
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The platform is designed for easy connectivity with production lines and other equipment, allowing precise control over the vision intelligence embedded in these devices to enable task-appropriate automation. Bottom of Form
By offering a no-code platform, RoboVision aims to democratise access to deep learning tools, empowering organisations without specialised AI knowledge to experiment with and deploy AI models efficiently, even without prior training.
