Slamcore, which promotes spatial awareness to machines, has raised $16 million in funding

Slamcore, which promotes spatial awareness to machines, has raised $16 million in funding ...

Slamcore, a spatial intelligence company that sensibilizes human beings, drones, machines, and VR/AR headsets, has raised $16 million in a series A round of funding.

Slamcore is betting that its AI-powered localization and mapping capabilities will play a major role in transforming the self-navigating machines of the future, whether it be drones, vacuum cleaners, or warehouse pick-and-packing systems.

Throw in the mix the accelerating metaverse movement that draws heavily on virtual reality (VR) and virtual reality (AR) headsets, requiring humans and machines to map and navigate both real and virtual worlds simultaneously, and it''s evident that Slamcore is fairly well future-proofed.

In a press release, Slamcore''s founder and CEO said that robots have not been able to navigate physical spaces without the level of accuracy and efficiency that we know to be possible. As they become more available to companies and consumers, Slamcore is able to ensure that as many designers as possible have access to the algorithms they need to perform their jobs.

Questions

Slamcore, which was founded in London in 2016, has developed AI algorithms that will answer three key questions that a moving machine may need to answer: Where am I in 3D space? What are the objects around me? And where are the objects around me?

Oftentimes, people and objects interact with each other in a busy warehouse, from pickers and packers to forklift trucks and pallets. Depending on where the material is, simultaneous localization and mapping is a long-established problem aimed at getting autonomous systems to move around an environment without bumping into other things.

Even if you are indoors or in built-up areas where GPS is less effective, producing accurate positional awareness is no easy feat. Slamcore is attempting to address this fundamental problem by assisting machines both map and move through new environments, using only the data collected from the machine itself to create maps of environments in real time.

Slamcore, in turn, transforms sensor data from lidar, sonar, radar, and more into a real-time spatial understanding, and transmits this to businesses through a software development kit (SDK).

We provide high-end HDM, both accurate and commercially viable, with affordable cameras and components that will benefit wide corporations and improve the user experience of consumer goods, according to Nicholson.

Slamcore is a software and AI company at its core, but it must pay close attention to the kinds of hardware used by enterprises operating in the robotics or AR/VR space, according to its algorithm, which has been enhanced for several of the most widely used sensor and processor combinations, allowing designers and developers to use Slamcore out-of-the-box with minimal configuration.

Slamcore had raised around $11 million from big-name investors, including Toyotas venture capital firm, which once again participated in the company''s latest fund round, which was co-led by Robo Global Ventures and Presidio Ventures. Other participants included Samsung Ventures, Amadeus Capital, Global Brain, MMC, Yamato Holdings, and Octopus.

Slamcore''s $16 million investment has been hailed as a result of its well-known technology established in collaboration with major companies such as Facebook. Slamcore has been selected as part of its development of Bombyx, a fiber-deployment robot that has been enhanced along electricity distribution lines.

According to Nicholson, this investment will allow us to rapidly scale to meet demand from consumer electronics, logistics, industrial, and manufacturing industries. All parties are willing to deploy a low-cost, high-quality SLAM at commercial scale.

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