Singapore-based Sesto Robotics targets international expansion with $5.7M raise – TechCrunch - Digitren Indonesia
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Singapore-based industrial robotics company Sesto grew $ 5.7 million this week with TRIVE, WTI GmbH and SEEDS Capital (Enterprise Singapore VC Wing). The round will be followed by a similar $ 4 million Series A in 2018.

It has been a busy few years since then – with many companies in the industrial robotics industry looking to automate the outbreak. In May 2020, the company launched HealthGUARD, an anti-pest robot that surpasses the curve of UV-C systems we have seen over the past few years.

That August, the company added magnets to AMRs. The system works in much the same way as most automated storage robots, and is similar to systems developed by Kiva (now owned by Amazon). Their modular design means that a variety of accessories can be mounted on the robots for added functionality, which is ideal for companies that want to deploy an additional aid force quickly. That includes things like the Sesto Prime, a 7-axis robot arm designed specifically for semiconductor production – the manufacturing segment no doubt wants to expand into automation.

Last May, Cesto expanded operations in Europe – particularly Austria, Germany and Switzerland. That no doubt explains the need for investment from EU-based companies in this round. Citing a study by G.M. currently.”

The funding is to build such international partnerships, markets and the company’s product offerings and existing robotics.

Sumber artikel : https://techcrunch.com/2022/01/14/singapore-based-sesto-robotics-targets-international-expansion-with-5-7m-raise/

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