Israel-based Cogniteam raises $5.6M in Series A funding to enhance its low-code AI robotics platform Nimbus
In October 2021, we covered Cogniteam after the Tel Aviv, Israel-based robotics startup unveiled its Nimbus operating system, a cloud-based drag-and-drop platform for robotics development that promises to cut time to market by 80% for new robotics programs.
Fast forward a year later, Cogniteam announced today it has closed a $5.6 million in series A to enhance its software solutions for autonomous robots and boost product development and Nimbus sales further as the robotics revolution continues to show both consumer and commercial demand. The round was backed by previous investors of Seabarn Management, (Andrew Owens) and UK-based Panthera family office members.
Founded in 2007 by CEO Dr. Yehuda Elmaliah and Nachum Kaminka, Nimbus offers pre-developed drivers and software packages in a drag n’ drop environment, making it easy to incorporate advanced sensors and complicated features. It also integrates with the open-source Robotic Operating System (ROS) and other 3rd party resources.
Robots are a very complex system with many moving parts. Most roboticists will tell you that it took years before the last robot they built or programmed was any good at performing a specific task. Developing a modern robotics system is traditionally a time-consuming process where software engineers yield their development to hardware engineers until they complete the build-out of physical systems needed to meet project specifications.
This requires the full robotics concept to deployment process to take up to 6 years. During this time, technological development moves forward, making hardware, software, and control systems obsolete by the time new robots are deployed commercially.
Developing a modern robotics system is traditionally a time-consuming process where software engineers yield their development to hardware engineers until they complete the build-out of physical systems needed to meet project specifications. This requires the full robotics concept to deployment process to take up to 6 years. During this time, technological development moves forward, making hardware, software, and control systems obsolete by the time new robots are deployed commercially.
To avoid reinventing the wheels, most robotic companies typically begin with the open-source Robotic Operating System (ROS). However, it didn’t take long before these companies are bottlenecked by ROS limitations. The generic nature of open-source resources lacks the complex layers needed to tackle real-world robotic challenges.
That’s where Cogniteam comes in. The startup is a provider of software solutions for autonomous robots. Its focus is on the area of autonomy control for robotics and interactive simulations. Cogniteam has been developing artificial intelligence for robots for over ten years.
In a statement, Dr. Yehuda Elmaliach said, “We reimagined what is possible to accelerate and future-proof robotic development with the Nimbus platform. Nimbus’ low-code approach is changing the programming landscape by offering a simulated environment where software developers can thoroughly test their capabilities before the prototype physical robot build-out has been completed.”
Cogniteam boosts collaborative robotic development capabilities, helping companies bring new robotic programs to market in a fraction of the time. “Our low-code approach to robotics development is changing the programming landscape,” Dr. Yehuda Elmaliach added.