#Singapore #Applied Ventures #Augmentus #AI-Robotics

Augmentus Secures Strategic Funding from Applied Ventures

In a landmark announcement, Augmentus, a leading AI-robotics and adaptive automation company based in Singapore, revealed that it has secured a strategic investment from Applied Ventures, the venture capital arm of Applied Materials, Inc. This partnership is not just a financial boost; it represents a pivotal moment in Augmentus’ journey towards revolutionizing high-mix manufacturing through intelligent robotics.

The Vision Behind the Investment

With a clear mission to enable the next generation of manufacturing efficiency worldwide, Augmentus is on a quest to pioneer autonomous robotics that can adapt to rapidly changing production environments. The investment from Applied Ventures underscores a mutual belief in the disruptive potential of AI-driven technologies in manufacturing.

Daryl Lim, Co-Founder and CEO of Augmentus, articulated the company’s vision, stating, "Our objective is to reimagine factories so that they can react and adjust as swiftly as the market requires. The support from Applied Ventures propels us toward a future where robots can truly perceive, comprehend, and function effectively in dynamic settings."

Innovative Robotics Stack

At the core of Augmentus’ offerings is the AutoPath™ robotics stack. This cutting-edge system is engineered to serve as both the eyes and cognitive functions of industrial robots. The AutoPath system integrates advanced 3D vision technology and adaptive intelligence, allowing robots to develop precise point clouds that help them interpret complex geometrical shapes and surface variations. With this information, Augmentus’ robots can dynamically generate real-time paths that allow them to adjust their movements instantaneously, ensuring unrivaled precision even in intricate and varied manufacturing contexts.

This intelligent layer of no-code programming eliminates the need for specialized training and extensive programming, enabling companies to deploy and reconfigure robots in a matter of minutes rather than the traditionally prolonged hours or days. This transformation positions robots not merely as programmed machines, but as adaptive partners capable of learning and responding to the complexity of real-world production processes.

Supporting Manufacturing Agility

Abhishek Sud, Senior Investment Director at Applied Ventures, highlighted the strategic alignment of this investment with the rising demand for adaptive robotics in industrial settings. He stated, "Our portfolio focuses on companies that are at the forefront of innovation in automation and manufacturing technologies. Our collaboration with Augmentus signals the growing importance of adaptive robotics in enhancing productivity and resilience in an ever-evolving industrial landscape."

About Augmentus

Founded to bridge the gap between robotics and adaptive automation, Augmentus has positioned itself as a deep-tech robotics software firm with its roots in Singapore and operational branches in Austin, Texas. Their no-code AI platform seamlessly incorporates 3D scanning, automated toolpath generation, and flexible robotic motion, enabling diverse industries ranging from aerospace to automotive to enhance their operational efficiencies. By allowing robots to adjust quickly to real-world variability, Augmentus significantly reduces setup times, transforming production processes.

To stay abreast of advancements and learn more about Augmentus, visit their website at www.augmentus.tech.

About Applied Ventures

Applied Ventures, LLC is recognized for investing in high-potential technology companies across various sectors, including robotics, semiconductor and display technologies, advanced manufacturing, and artificial intelligence. Their strategic investments have propelled numerous startups that focus on groundbreaking innovations poised for rapid growth and significant returns. For more insights into Applied Ventures, please visit www.appliedventures.com.