RoboForce Secures $10M to Revolutionize Industrial Labor with AI Robots
RoboForce, a pioneering AI robotics startup, has secured $10 million in early-stage funding to advance its cutting-edge Robo-Labor system. This significant investment comes from esteemed investors including Nobel Laureate Myron Scholes, co-founder of Softbank VC (SBVC) Gary Rieschel, and Carnegie Mellon University.
Founded in 2023 by Leo Ma, previously a co-founder of the Nasdaq-listed company Cyngn and a former employee at Baidu USA, RoboForce aims to revolutionize industrial labor by deploying robots that can fulfill labor shortages in harsh outdoor conditions, complete hazardous tasks in dangerous work environments, and maximize project efficiency and cost savings.
The company’s Robo-Labor system is designed to address critical labor shortages and decarbonization challenges on a global scale. With its advanced AI-powered robots, RoboForce is uniquely positioned to tackle the most tedious, physically demanding, and dangerous jobs that humans should not have to do. The system boasts 1mm accuracy in performing fine motor skills such as picking, placing, pressing, twisting, and connecting, along with all-terrain mobility, precise manipulation, learning, communication, and safety compliance capabilities.
RoboForce’s initial focus is on the solar and space industries, where labor shortages and hazardous working conditions are particularly prevalent. The company’s robots are designed to withstand harsh and extreme environmental conditions, enabling solar developers to complete large-scale projects faster and at a reduced cost. This is crucial for pushing critical sustainability and renewable energy developments across the finish line.
“At RoboForce, our mission is to create robotics for humanity to boost the world’s economy with the power of Robo-Labor,” said Leo Ma, founder and CEO of RoboForce. “We are building the most advanced Robo-Labor system to take on the most tedious, physically demanding, and dangerous jobs that humans shouldn’t have to do. We are dedicated to creating the leading high-intelligence ‘super worker’ system to redefine the future of industrial labor, making it safer, efficient, and more sustainable.”
Myron Scholes, Nobel Laureate for Economic Science and an investor in RoboForce, emphasized the company’s strategic positioning. “Labor shortages and decarbonization are the two largest trends that are happening at a global scale, and RoboForce is uniquely positioned to address both,” he said. “RoboForce has a great team working on innovation very valuable for the world.”
With this funding, RoboForce is emerging from stealth and preparing to deploy its Robo-Labor system for early customers this year. The company will showcase its technology at the Intersolar & Energy Storage Conference in San Diego, CA, from February 25-27. For more information, visit https://www.roboforce.ai/.
RoboForce’s team comprises top tech leaders from CMU Robotics, Michigan Robotics, Amazon Robotics, Tesla Robotics, Google, Waymo, Apple, and Microsoft, ensuring that the company has the expertise and resources to deliver on its ambitious mission. The company’s innovative approach to addressing labor shortages and decarbonization challenges has garnered significant attention and support from world-class investors, positioning RoboForce as a leader in the emerging field of AI robotics.
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