A collaborative mobile robotics firm, Peer Robotics has raised $2.3 million in seed funding, with Kalaari Capital as the lead investor.Existing investors Axilor Ventures, Connecticut Innovations, and Innopact VC took part in the round.
Peer robotics is made to operate alongside people, simulating manufacturing operations’ workflows for repetitive jobs in order to save time, boost productivity, and lessen accidents. With a flexible design, out-of-the-box deployment, and cheap maintenance, the company’s robots learn from people in real-time, enabling workers on the shop floor to integrate and deploy solutions alongside them.
The STANLEY+Techstars Accelerator programme portfolio includes Peer Robotics. Several industrial facilities in the US and India have been researching and developing robot technology over the past 12 months.