FurHat Robotics gets $2.5m in an seed investment round for developing social robots.

Sweden Investments 14 September 2017
Share on FacebookShare on Twitter

Furhat Robotics, a Stockholm, Sweden-based company manufacturing robots that mimic human personality, announced securing $2.5m in seed investment funding.

The money comes from UK-based early stage venture capital investors, Balderton Capital and LocalGlobe and will be used for the further development of the company.

FurHat Robotics, founded in 2014 as a spinoff from KTH Royal Institute of Technology by Samer Al Moubayed, Gabriel Skantze, Jonas Beskow and Preben Wik, developed a machine that uses computer animation and projection to create expression, and a with brain built on a social intelligence platform that can be programmed to participate in socially-aware interactions with humans.

The robot and the software platform are already being used in industry and in public service by companies and institutions who are interested in working with Furhat Robotics to develop applications on top of the platform. These include Honda, Intel, Merck, Toyota, and KPMG.