Eureka Robotics
Assembly Line
Eureka Robotics Raises USD 10.5 Million Series A to Accelerate Deployment of Physical AI for Precision Manufacturing and Logistics
Singapore-based start-up Eureka Robotics has raised a USD 10.5 million Series A round led by B Capital (a global multi-stage investment firm), with participation from new investors Airbus Ventures, Maruka Corporation, G. K. Goh Ventures, and returning investors UTEC and ATEQ.
The financing round positions the company to accelerate the development and deployment of its main products, Eureka Controller and Eureka 3D Camera. Eureka Controller, a comprehensive solution for vision and robotics applications, enables high-precision calibration and robust force control, and acts as a central hub for connecting and controlling a wide range of industrial devices. Eureka 3D Camera, designed to add efficient and cost-effective 3D vision capabilities to robotic systems, uses ground-breaking AI-based, projector-free 3D reconstruction technology. Together, these products enable System Integrators and Manufacturers to deploy High Accuracy – High Agility (“HA-HA”) applications including picking, object recognition, inspection in factories and warehouses, allowing robots to perform tasks with greater precision.
The funding will also help scale the company’s operations in existing markets of Singapore and Japan, as well as enable Eureka to fully enter the US market, where the company has already acquired initial customers. Using the funds obtained in the previous Pre-Series A round led by UTEC, Eureka had established a branch office in Tokyo and gained significant traction in the Japan market. With additional funding, Eureka plans to expand operations into new major Japanese cities, such as Nagoya and Osaka.
Eureka’s proprietary HA-HA (High Accuracy – High Agility) technology bridges the gap between AI and physical manufacturing, combining high-agility intelligence with high-accuracy spatial precision. This innovation enables robots to handle complex tasks, such as autonomously assembling car engines, with both adaptability and micron-level precision. Eureka has successfully implemented this technology in real-world factory settings, completing over 25 million operations for industry leaders in Japan and the United States, including Toyota, Denso, Bridgestone, Mitsui Fudosan, Sumitomo Bakelite, Pratt & Whitney, and Coherent.
Singapore's industrial robot startups eye global markets
Founded in 2018, Lionsbot builds autonomous cleaning robots for small offices and large commercial and industrial settings, such as airports, warehouses, museums and hospitals. The company has four models selling for between $25,000 and $90,000. One of its more compact models, the R3 Scrub, is 81 centimeters tall, 60 cm long, 45 cm wide and weighs 60 kilograms.
Using high-precision sensors and AI systems, the robots are programmed to clean tight spaces and require only remote supervision. Cleaners can use mobile apps to control a fleet of dozens of robots on multiple floors simultaneously and receive real-time updates on the robots’ progress. Lionsbot designed the robots from scratch with the help of Mohan Rajesh Elara, a professor at Singapore University of Technology and Design.
Eureka Robotics is another local startup targeting the global market. In April, the company announced a joint project with Japanese tire maker Bridgestone’s corporate venture arm to develop robotic arms for warehouses that can pick up various objects. The company’s strength lies in its core software and AI technology that can connect various robotics arms – even those made by different manufacturers – using 3D cameras and sensors to perform specialized tasks.
Due to its higher operating costs, Singaporean robotics companies have a hard time competing with Chinese rivals on price. So local companies are targeting more developed markets like the U.S., Europe and Japan, where demand for automation is rising due to higher wages and staff shortages.
Eureka Robotics’ Joint Development with Bridgestone Softrobotics Ventures
We are pleased to announce Eureka Robotics’ joint development with Bridgestone Softrobotics Ventures: industry’s first “Grasp Anything” system!
How to grasp a wide variety of objects without any programming is the Holy Grail of Warehouse Automation. Eureka Robotics and Bridgestone Softrobotics Ventures, a Bridgestone Corporation company, have joined forces to fundamentally tackle this challenge.
Leveraging Soft Actuator technology, Bridgestone’s Soft Robot Hand is able to grasp a remarkably wide variety of objects while being tolerant to positioning uncertainties and collisions.