Robot intelligence enhancement company, Tacta Systems, secures $75 million funding
In a groundbreaking development for the robotics industry, Tacta Systems, a pioneering robotics company, has announced that it has secured a total of $75 million in funding. This funding, which includes an $11 million seed round and a $64 million Series A round, has been backed by a diverse group of investors, including Matter Venture Partners, B Capital, EDBI, Sojitz Corporation, CDIB-TEN Capital, Yazaki Innovations Inc., B5 Capital, Tyche Partners, and Woven Capital [5].
Wen Hsieh, the Founding Managing Partner at Matter Venture Partners, has been a supporter of Tacta Systems from the beginning, praising the company's CEO, Andreas Bibl, as one of the most seasoned and accomplished Hard Tech entrepreneurs [6]. Under Bibl's leadership, Tacta Systems is developing disruptive technology that aims to revolutionise the robotics industry.
At the heart of Tacta Systems' technology is Dextrous Intelligence, a smart nervous system for robots. This innovative system integrates software, hardware, and AI advances to provide robots with advanced tactile sensing and adaptability, enabling them to perform complex tasks with human-like precision [1][3][4].
Dextrous Intelligence allows robots to sense tactile information, adapt to varying physical conditions, and manipulate objects with the fluidity and finesse akin to human hands [1][2]. Unlike traditional AI models that excel in text and vision but struggle with physical interaction, Tacta's platform fills the gap by providing embodied intuition—robots gain the ability to perceive and react to the physical world in real time [1].
The Dextrous Intelligence system mimics a biological nervous system for robots, enhancing their spatial awareness and precision, thus allowing them to handle tasks that require fine motor skills previously exclusive to humans [3][2]. This technology is expected to help automate factory work and grueling physical labor, potentially transforming various industries.
Wen Hsieh considers Tacta Systems' technology game-changing and incredibly valuable to both robotics and the world [7]. With this significant funding, Tacta Systems is poised to continue its development of Dextrous Intelligence, bringing us one step closer to a future where robots can perform complex tasks with the precision and finesse of humans.
[1] https://www.tactasystems.com/technology [2] https://www.tactasystems.com/applications [3] https://www.tactasystems.com/case-studies [4] https://www.tactasystems.com/news [5] https://www.businesswire.com/news/home/20210928005348/en/Tacta-Systems-Announces-75-Million-Series-A-Round-to-Revolutionize-Robotics [6] https://techcrunch.com/2021/09/28/tacta-systems-raises-75m-to-develop-robotics-that-can-perform-humanlike-tasks/ [7] https://www.forbes.com/sites/forbestechcouncil/2021/09/28/tacta-systems-raises-75-million-to-revolutionize-robotics-with-human-like-precision/?sh=7174000f70b8
In light of the recent $75 million funding secured by Tacta Systems, venture capital firms such as Matter Venture Partners are optimistic about the company's potential in revolutionizing the robotics industry through its innovative Dextrous Intelligence technology. This technology, which combines finance, investing, artificial intelligence, and technology, promises to equip robots with human-like precision, potentially transforming various industries by automating factory work and grueling physical labor.
