This startup raised $28 million to give dangerous industrial robots eyes, and is predicted to one day be worth billions biprime
Veo Robotics has raised a total of $28 million for its technology that gives dangerous industrial robots eyes and allows them to operate alongside humans.
The metal barrier is, of course, there for safety reasons — and like the Amazon fulfillment centers, it is the norm in factories with production lines building everything from cars and cell phones to refrigerators. Veo Robotics, which specializes in making industrial robots smarter, reckons about 3 million machines worldwide are kept well away from human contact to avoid catastrophe.
"The key thing from our point of view — in terms of ergonomics, in terms of products — is that humans and machines need to work together fluidly and fluently," he told Business Insider."Fundamentally, our technology allows industrial robots to track people. And from an environmental point of view, our tech provides a system which you as a manufacturer can set up in less than a day.
"We use dual-channel redundancy throughout our system, in the sensors themselves, as well as [in] our processor, which contains two independent computers, as well as a third safety processor to monitor them. We also use dual channel communications with the robot controller safety interfaces. And commenting on the fear that robots will replace humans in the workplace, he added:"Our tech is designed to enhance the quality of work that human factory workers are able to do. The robots that use it will free up work for people; they won't take it away."
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