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AI perception technology start-up RGo exits stealth mode with US$20m

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RGo Robotics, a company developing AI perception technology for autonomous mobile robots (AMRs), has exited stealth mode with US$20m (£16.2m) in funding.

The investment round, led by MoreTech Ventures, will allow RGo Robotics to expand both its R&D and commercial teams to bring its Perception Engine to market.

Perception Engine is designed to gives AMRs the ability to understand complex surroundings and operate autonomously. RGo has been operating in stealth mode since 2018, partnering with global robotics firms to evolve its offering.

“Most mobile robots today are still blind and unable to navigate intelligently in dynamic and complex environments, and we see first-hand how hard it is for machine and robot manufacturers to develop basic visual perception on their own,” said Amir Bousani CEO & co-founder, RGo Robotics.

“Our technology changes this. Leveraging the most advanced AI and vision technologies, Perception Engine allows mobile machines to see and understand the world around them so they can move autonomously, safely and intelligently in any environment. We call this intelligent autonomy.”

After extensive field trials in challenging indoor and outdoor environments, RGo has secured several customers and has closed over US$10m (£8.1m) in customer deals.

RGo has also announced the immediate availability of its Perception Engine. The solution includes hardware and software components. The software is built to run on ultra-low-cost, low-power hardware that is provided as a reference design, allowing partners to integrate Perception Engine into robots easily. The software is provided as an SDK which can provide all the real-time data on the edge.

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