Persona AI Secures $27 Million in Over-Subscribed Pre-Seed Funding for Humanoid Robotics Advancement

In a significant move for the robotics sector, Persona AI has announced the successful closure of an over-subscribed pre-seed funding round, securing an impressive $27 million to advance its ambitious humanoid robotics projects. Founded in 2024 by industry veterans Nic Radford, Jerry Pratt, and Jide Akinyode, Persona AI is positioned to impact challenging environments such as shipbuilding and industrial manufacturing. The funds raised will accelerate the development and deployment of humanoid robots specifically designed to address critical labor shortages and enhance workplace safety.

The innovative humanoid robotic platform aims to not only fill existing gaps in the workforce but also to improve efficiency in various industries globally. Notably, Persona AI has already established a partnership with HD Hyundai, a leader in shipbuilding, to explore the utilization of humanoid robots in shipyards. The first deployment of these robots is planned for within the next 18 months, showcasing the immediate applicability of their technology in real-world scenarios.

Persona's robots are designed with advanced capabilities that combine industrial precision with human-like dexterity, making them well-suited for physically demanding tasks. By adopting a Robotics-as-a-Service (RaaS) model, Persona AI eliminates the need for substantial upfront investments from clients, making cutting-edge robotics more accessible.

The sentiment among investors has been overwhelmingly positive, according to Radford, who expressed deep gratitude for their belief in the company's vision. "Our investors recognize the transformative potential of integrating humanoid robots into industrial settings, helping to create a safer and more efficient workplace," he noted.

Shankar Gupta Boddu, a partner at Unity Growth, highlighted Persona's distinctiveness in tackling some of the toughest challenges faced by industries today. The mission extends beyond mere automation; it aims to foster improved safety standards and operational efficiencies. Mike Loretz, partner at Tides Ventures, echoed this sentiment, expressing pride in partnering with Persona to push the boundaries of humanoid robotics. Their early collaboration with industry giants like HD Hyundai signals vast potential for growth and innovation in the robotics landscape.

Analysts from Morgan Stanley estimate that the market for humanoid labor could reach a staggering $3 trillion in the U.S. alone, driven by advancements in AI and a growing global demand for automation solutions that reflect human capabilities.

With this funding, Persona AI is poised to make significant strides in the field of humanoid robotics, bringing their vision closer to realization and potentially revolutionizing how industries address their labor needs and operational challenges.

Topics Consumer Technology)

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