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NEW YORK DAWN™ > Blog > Technology > Engineered Arts restructures with $10M to create humanoid robots
Engineered Arts restructures with M to create humanoid robots
Technology

Engineered Arts restructures with $10M to create humanoid robots

Last updated: December 17, 2024 5:37 pm
Editorial Board Published December 17, 2024
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Engineered Arts, a United Kingdom agency making humanoid robots, has restructured as a U.S. firm and raised $10 million.

The explanation for shifting to the U.S. is to broaden its footprint and meet U.S. rising demand. And the corporate raised the brand new spherical to speed up product refinement, manufacturing readiness, scale manufacturing, and funding in superior enterprise methods.

This milestone brings Engineered Arts’ complete funding to $16.2 million thus far. And it advances its mission to combine humanoid robots into each day life with a human-focused method to AI. Engineered Arts’ humanoid leisure robots are designed to foster pure and intuitive interactions, enhancing experiences at companies, science facilities, theme parks, and conventions with unforgettable, one-of-a-kind engagements.

Helium-3 Ventures led the Collection A funding, with further participation from AppDirect CEO Nicolas Desmarais, Belvoir Investments and a consortium of buyers, together with ThirtySeven Holdings and Figueira Capital. Matthew Bellamy, frontman of the English rock band Muse and a associate in Helium-3 Ventures, will be part of Engineered Arts’ board as an observer.

“Our motto is simple: ‘Be wow!’” mentioned Will Jackson, CEO of Engineered Arts, in an announcement. “When you meet one of our robots, you’ll experience a connection to technology in the most human way possible. The saying goes, ‘The future is already here; you just haven’t seen it yet.’ We’re changing that. Get ready to experience the power of embodied AI.”

Scaling robots

Ameca is a humanoid robotic from Engineered Arts.

Whereas many corporations are simply starting to discover the event and commercialization of humanoid robotics, Engineered Arts has been a pioneer within the subject for over 20 years.

With a confirmed observe document, the corporate has deployed over 200 robots worldwide and developed six distinct humanoid robotic fashions, all able to scale. Two years in the past, footage about Ameca — its most superior humanoid robotic — went viral, fascinating tens of millions with movies showcasing its dialog with researchers.

The brand new funding will allow Engineered Arts to make its full-sized and desktop robots extra accessible, launch a digital robotic character platform, and broaden its cloud-based AI companies to boost product options and fleet deployment. Specializing in next-generation robotic {hardware} growth, Engineered Arts will improve dexterity and locomotion to convey humanoid robots nearer to on a regular basis performance.

Moreover, scaled assist and regional places of work will allow Engineered Arts to offer customization for particular use circumstances. The corporate plans to rent roughly 20 new workers for the Redwood Metropolis, California, location over the following year-and-a-half, starting from top-level execs and gross sales to software program, meeting, and assist engineers.

“We envision a world where the virtual seamlessly integrates into everyday life,” mentioned Jackson, in an announcement. “Our robots are designed to support, entertain, inform, and educate —providing a genuinely human-centric vision of AI-driven technology.”

Charming and interesting functions

Ameca WhiteAmeca has human-like expressions.

Engineered Arts’ humanoid robots are already making an impression. They serve marquee clients like Madison Sq. Backyard’s Sphere in Las Vegas, the place they ship leisure and drive buyer engagement.

Pharmaceutical big GSK makes use of them to attach with attendees at commerce occasions. On the Pc Historical past Museum in Mountain View, California, Ameca sits on the heart of an exhibit, “Chatbots Decoded: Exploring AI,” an immersive expertise that takes guests by way of the historical past, present panorama, and future potentialities of chatbots and AI.

“Ameca is a milestone in the history of AI, bringing together decades of work in robotics, natural language processing, large language models, and more,” shared Kirsten Tashev, vp and chief curatorial and exhibitions officer at CHM, in an announcement. “It delivers a highly engaging, nearly mind-blowing experience for our visitors. With its lifelike expressions, dynamic personality, sharp sense of humor, and remarkable ability to ‘read the room,’ Ameca continually amazes and delights audiences of all ages — even younger visitors, who are notoriously hard to engage.”

Tashev cites partnering with Engineered Arts as a big contributor to the exhibit’s success.

“Interactive experiences must be reliable, safe, and magical in the education and entertainment industry. It’s a tall order, but Engineered Arts masterfully does all three,” Tashev mentioned.

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