Funding

[Funding alert] Zurich-based Bota Systems AG Raises $2.5m in Seed Funding

Oct 4, 2023 | By Startup Rise EU

Bota Systems AG, based in Zurich, raises $2.5 million in seed money. Marathon Venture Capital is the primary investor in this round, while angel investors also contributed. The funding investments will assist the business in developing to serve more prestigious clients internationally and advancing its ambitious product roadmap.
Team - Bota Systems AG

Bota Systems AG, based in Zurich, raises $2.5 million in seed money. Marathon Venture Capital is the primary investor in this round, while angel investors also contributed. The funding investments will assist the business in developing to serve more prestigious clients internationally and advancing its ambitious product roadmap.

Read also - Helsinki-based MeetingPackage Secures $4.6 million in Series A Funding Round

Robotic arms have the ability of incredibly accurate and uniform movement from point A to point B. However, robots fail if anything is not exactly where it is supposed to be or if its shape is slightly off.

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Modern production is made stronger by this amazing performance. However, there are still certain characteristics that a robot cannot match when contrasted with manual labor. The sense of feel is one of the most basic. Every repetition allows the worker to fine-tune her motions by sensing where her arm should be.

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Bota Systems, based in Zurich, is enabling force-sensitive robots. With the integration of its sophisticated, internally created force torque sensors, built-in electronics, and proprietary AI into a robotic arm, new abilities and previously unachievable jobs are made feasible.

Read also - Lausanne based Debiopharm Innovation Fund Launches $150 million Seed Funding Initiative.

In essence, the company gives robots the flexibility and adaptability they need to perform a variety of activities that haven't been done well enough, like cleaning intricate surfaces, putting delicate pieces together, or performing interactive duties like charging electric vehicles.

Read also - Utrecht-based Cordys Analytics Raises €900k in Seed Funding 

About Bota Systems

In 2020, the ETH Robotics lab spun off Bota Systems, which was created by Klajd Lika and Ilias Patsiaouras, two graduates of NTUA. The business already works with a network of distributors and robotic integrators throughout the world to serve hundreds of customers in more than 30 countries, including some of the top research and industrial organizations.

Read also - Annika Falkengren Joins Swedish Tech Company Ark Kapital’s Board of Directors

By improving robotic ability to feel and interact with their workspace, Klajd, Ilias, and team want to increase the adoption of robots. We are honored to be a part of this adventure and are eager to contribute to making it a reality.

Read also - Berlin-based Proptech Startup Novo Raises €1 million Pre-seed Funding

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