PSL Ventures
Assembly Line
🦾 Olis Robotics Secures $4M Funding to Meet Surging Demand for Remote Robot Management
Olis Robotics, specialists in remote monitoring, control, and error recovery technology for industrial robots, today announced that it has raised $4.1 million funding in a round led by PSL Ventures. Additional investors include Tectonic Ventures, Ubiquity Ventures, as well as several prominent strategic angel investors, including robotics pioneer Daniel Theobald, the President and Cofounder of MassRobotics and Founder and Chairman of Vecna Robotics.
By safely enabling remote monitoring, control, and troubleshooting of industrial robots, Olis Robotics’ unique ‘Olis Connect’ system significantly improves Overall Equipment Effectiveness (OEE), effectively addressing costly robot downtime.