Micropsi Industries: Raises $30M in Series B Funding

Micropsi Industries Raises $30M in Series B Funding

• Micropsi Industries, a Berlin, Germany- and New York City-based robotics software company, closed its $30M Series B funding round
• New investors Metaplanet, VSquared and Ahren Innovation Capital co-led the funding round
• Existing investors Project A Ventures and M Ventures also participated
• The new funding is going to be used to expand operations in the US, ramp up sales efforts and expand to more robot platforms
• MicropsiIndustries is a software company at the forefront of innovation in robotic automation for manufacturing, with a particular emphasis on assembly tasks
• By using cameras and sensors to react in real-time to dynamic conditions in a workspace, robots can be trained by humans to perform hand-eye-coordinated actions in industrial environments
• The company has recently hired robotics expert Prof. Dominik Bösl as managing director to be in charge of the company’s ambitious technology roadmap