Inbolt
Assembly Line
Inbolt bags €15M to sharpen industrial robots’ intelligence
In a world where automation is key to staying competitive, one startup is helping manufacturers overcome long-standing barriers. Inbolt, a Paris-based pioneer in real-time robot guidance solutions, has secured €15M in a Series A funding round led by Exor Ventures, to develop AI-powered vision for industrial robots. This funding will drive Inbolt’s mission to revolutionise factory automation through cutting-edge AI-powered software that gives robotic arms the ability to adapt in real-time to their surroundings.
The latest funding round, led by Exor Ventures, the early-stage investment arm of Exor N.V., will accelerate Inbolt’s research and development efforts, helping the company expand its operations in the US and Japan. Existing investors such as MIG Capital (Germany), SOSV (US), BNP Paribas Développement, and Bpifrance also participated in the round, bringing the total amount raised to €20M. Notably, Exor Ventures is the largest shareholder in companies like Ferrari and Stellantis, linking Inbolt to a broader network of industrial giants.
Calculating the ROI of a Robotic Cell: A Comprehensive Guide
The integration of robotic cells in manufacturing processes has proven to be a game-changer for businesses. It has helped businesses achieve high efficiency, accuracy, and productivity while reducing labor costs and non-quality costs. That being said, the initial cost of automation is usually a cause for concern, and businesses need to assess the return on investment (ROI) before implementing a robotic cell.
More recently, there has been more and more pressure put on the reduction of manufacturing costs, forcing industrial companies to aim for a faster ROI. In some industries, the target for ROI has been reduced from three years to less than one year.