• About
  • Advertise
  • Privacy & Policy
  • Contact
inphinity
Advertisement
  • Home
  • Latest Job
  • News
  • Tech
  • Entertainment
  • Lifestyle
  • Car & Bike
  • Cricket
  • Review
  • Cricket
  • Privacy Policy
No Result
View All Result
  • Home
  • Latest Job
  • News
  • Tech
  • Entertainment
  • Lifestyle
  • Car & Bike
  • Cricket
  • Review
  • Cricket
  • Privacy Policy
No Result
View All Result
inphinity logo
No Result
View All Result
Home Tech

Peer Robotics raises $2.3 million in seed funding from Kalaari Capital

Aviral by Aviral
September 12, 2022
in Tech
0
funds
28
SHARES
219
VIEWS


Mobile robotics firm Peer Robotics announced that it has raised $2.3 million in seed funding led by Kalaari Capital, with participation from existing investors- Axilor Ventures, Connecticut Innovations and Innopact VC.


Peer Robotics Is designed to work with humans, mirroring workflows in manufacturing operations on repetitive tasks; saving time, increasing efficiency and reducing injuries, said the firm in a statement. All repetitive, labour-intensive tasks can be handled by a robot, leaving more cognitive tasks to employees, the company said.


“Manufacturers regularly deal with lots of repetitive, labor-intensive tasks that are great candidates for automation,” said Rishabh Agarwal, co-founder and CEO of Peer Robotics. “Small and medium-size companies are struggling with a labor shortage today, not to mention high turn-over. Also, many operations are still manual with employees operating at a high risk of injuries and fatigue. Solutions to date have been too expensive and complex,” he added.


The company’s robots learn from humans in real-time, allowing people on the shop floor to easily integrate and deploy solutions, stated Peer Robotics. Common industries that use the company’s services include automotive, aerospace, fabrication and machining, and home appliance and tooling.


Peer Robotics says it is part of the STANLEY+Techstars Accelerator program portfolio. The robot technology has been in research and development for the past year at several manufacturing facilities in the U.S. and India.


“Cyber physical systems are ushering a new era where collaborative robots with contextual intelligence, low implementation time, and negligible integration cost will lead industrialization in every sector,” said Ravinder Pal Singh, Partner at Kalaari Capital. “Peer Robotics’ navigation module and heuristic feedback-based learning, offers manufacturers the next generation of smart, content driven and affordable robotic platforms,” he added.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor



Source
Img source – Google

Tags: Axilor Venturescognitive tasksConnecticut Innovationsfunding from Kalaari CapitalInnopact VCKalaari Capitallabor intensive tasksMobile roboticsPeer RoboticsPeer Robotics raise fundSTANLEY+Techstars Accelerator program
Previous Post

India U-19 Cup-winning skipper Yash Dhull makes a splash in first-class cricket

Next Post

‘Most unfairly treated Indian player’: Fans question star batter’s ouster after BCCI reveals mega squad for World Cup

Aviral

Aviral

Next Post
'Most unfairly treated Indian player': Fans question star batter's ouster after BCCI reveals mega squad for World Cup

'Most unfairly treated Indian player': Fans question star batter's ouster after BCCI reveals mega squad for World Cup

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

  • 23.8k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest
ssc X

SSC Selection Post Phase X Exam Status / Admit Card Download 2022

July 25, 2022
UPPCL Lttd

UPPCL Computer Assistant Online Form 2022

July 30, 2022
Ross taylor

Ross Taylor talks about racism in New Zealand cricket

August 15, 2022
IIT JAM Admission Online Form 2023

IIT JAM Admission Online Form 2023

July 29, 2022
powder

5 things to do this summer 2022

0
ssc X

SSC Selection Post Phase X Exam Status / Admit Card Download 2022

0
IIT JAM Admission Online Form 2023

IIT JAM Admission Online Form 2023

0
UPPCL Lttd

UPPCL Computer Assistant Online Form 2022

0
Akram lashes out at PCB after Afridi's huge revelation on Shaheen's rehab: 'Yeh ladke ko hum nehin dekhenge toh...'

Akram lashes out at PCB after Afridi’s huge revelation on Shaheen’s rehab: ‘Yeh ladke ko hum nehin dekhenge toh…’

September 16, 2022
Former wicketkeeper's warning for India ahead of T20 WC: 'Earlier Pakistan had no chance of beating us in World Cups'

Former wicketkeeper’s warning for India ahead of T20 WC: ‘Earlier Pakistan had no chance of beating us in World Cups’

September 16, 2022
Google

Several app developers may soon have to pay 6% commission to Google: Report

September 16, 2022
'Jab chief selector average hoga, unke decision bhi average honge': Shoaib Akhtar fumes at Pakistan's T20 WC selection

‘Jab chief selector average hoga, unke decision bhi average honge’: Shoaib Akhtar fumes at Pakistan’s T20 WC selection

September 16, 2022

Recent News

Akram lashes out at PCB after Afridi's huge revelation on Shaheen's rehab: 'Yeh ladke ko hum nehin dekhenge toh...'

Akram lashes out at PCB after Afridi’s huge revelation on Shaheen’s rehab: ‘Yeh ladke ko hum nehin dekhenge toh…’

September 16, 2022
Former wicketkeeper's warning for India ahead of T20 WC: 'Earlier Pakistan had no chance of beating us in World Cups'

Former wicketkeeper’s warning for India ahead of T20 WC: ‘Earlier Pakistan had no chance of beating us in World Cups’

September 16, 2022
Google

Several app developers may soon have to pay 6% commission to Google: Report

September 16, 2022
'Jab chief selector average hoga, unke decision bhi average honge': Shoaib Akhtar fumes at Pakistan's T20 WC selection

‘Jab chief selector average hoga, unke decision bhi average honge’: Shoaib Akhtar fumes at Pakistan’s T20 WC selection

September 16, 2022
inphinity

inphiity.in for your JOB-TECH-NEWS update.

Follow Us

Browse by Category

  • Admission
  • Admit Card
  • Apps
  • Bike
  • Business
  • Car
  • Car & Bike
  • Cricket
  • Entertainment
  • Fashion
  • Food
  • Football
  • Gaming
  • Govt Scheme
  • Health
  • Latest Job
  • Lifestyle
  • Movie
  • New Job
  • News
  • Phone
  • Politics
  • Review
  • Science
  • Startup
  • Tech
  • Travel
  • Wearable
  • World

Recent News

Akram lashes out at PCB after Afridi's huge revelation on Shaheen's rehab: 'Yeh ladke ko hum nehin dekhenge toh...'

Akram lashes out at PCB after Afridi’s huge revelation on Shaheen’s rehab: ‘Yeh ladke ko hum nehin dekhenge toh…’

September 16, 2022
Former wicketkeeper's warning for India ahead of T20 WC: 'Earlier Pakistan had no chance of beating us in World Cups'

Former wicketkeeper’s warning for India ahead of T20 WC: ‘Earlier Pakistan had no chance of beating us in World Cups’

September 16, 2022
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home 1
  • Latest Job
  • Tech
  • Car & Bike
  • Cricket

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.