With our technology, robots can act in real-time rather than following rigidly pre-programmed sequences. Sereact’s robots adapt to dynamic tasks instantly, enabling a new level of autonomy, said Ralf Gude, CEO and founder of Sereact. Creandum and early Spotify and Klarna-backer,
led the Series B round. Point Nine, Air Street Capital and several prominent angel investors also contributed. Former Formula 1 World Champion Nico Rosberg is one of them, as well as former DeepMind product leader Mehdi Ghissassi and former Skype executive Ott Kaukver.
Robots, like the Roomba vacuum cleaners, are usually hard-coded. This means that they follow precise instructions which enable them to perform specific tasks.
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embodied AI however, acts as a robot’s mind, allowing it to analyse and learn new jobs while on the move. This is due to a machine-learning technique called zero shot visual reasoning. It allows AI to understand images and interpret them without any prior training.
PickGPT is a model that makes robots more intelligent. This also means that humans do not have to pre-program robots for each task. This saves time for companies who use them.
Johan Brenner is the general partner of Creandum. He said, “The possibilities are endless. It’s great to see such innovation coming from Europe.” Sereact ‘s approach is similar
to that of UK startup Wayve which raised $1bn last year in Europe’s largest AI funding round. Sereact’s technology is aimed at warehouse robots and logistics, but Wayve’s technology targets autonomous vehicles. Sereact software has already been adopted by firms like BMW, Daimler Truck and Active Ants. The startup is now looking beyond the warehouse. Sereact announced that it will use its new funding to develop “robot hardware platforms” such as mobile robots, humanoids and more. The company plans to expand in the US.
Gulde said, “We are on an exciting journey in order to become the leading platform of robotics applications which will forever change the lives of people and business.”
