Robovision
Assembly Line
Robovision raises $42M to accelerate AI-powered industrial automation
AI-powered computer vision, Robovision, has raised $42 million in its latest investment round, bringing its funding to $65 million. Headquartered in Ghent, Robovision’s AI-powered computer vision platform offers an end-to-end, no-code solution for machinery manufacturers and production lines. Target Global and Astanor Ventures led the round. Red River West also joined the funding round.
The funding round will help accelerate Robovision’s U.S. expansion, fostering a robust local presence to address the increasing demand for automated solutions in American factories. The funds will also be used to invest in R&D and growth in existing markets, with future office openings planned across Germany, France, the UK, the Middle East, and Asia.