Elementary Robotics is making its quality assurance robots commercially available – ProWellTech
Two years and over $ 17 million after it started working on its quality assurance robots, Elementary Robotics in Los Angeles finally made its products available commercially.
The company already has some very large initial customers in the automotive, packaged consumer, aerospace and defense industries, including Toyota, according to CEO Arye Barnehama. Now, the robotic technology that Barnehama and his collaborators have developed for years is widely available to other companies besides its six initial pilot customers.
The company’s robots look like a large box with a tripod system that offers three degrees of freedom, with vertical and horizontal movement and a gimbal-mounted video camera capable of displaying the products.
When objects are scanned by robots, they are compared to an object taxonomy provided by the companies that Elementary works with to determine whether or not there is a defect.
Barnehama also points out that Elementary robots are not designed to replace any human interaction or assessment in the manufacturing process. “Machine learning coupled with humans always performs better,” says Barnehama. “At the end of the day the human runs the factory. We are not really a lights factory. “
Behind the new marketing push is a new $ 12.7 million loan that Elementary closed in late 2019.
The main investor in that round was Threshold Ventures and the company’s partner, Mo Islam, has already taken a seat on elementary robotics. board of directors, while existing investors Fika Ventures, Fathom Capital and Toyota AI Ventures also attended the round, which will be used to allow Elementary Robotics to continue developing and implementing its large-scale automation products, the company said.
“Robotics and in particular robotics applied to production was my interest,” said Islam. In elementary robotics, Islam has seen a company that can compete with large publicly traded companies such as Cognex. The low complexity and ease of implementation of Elementary hardware was another great strength for Islam that convinced him to invest.
Elementary says it can be installed and up and running on a site in a matter of days, and with companies emphasizing cost savings and enabling remote work to ensure worker safety, companies are embracing technology.
“That’s where we are really excited to launch it,” said Barnehama. “If we get examples of parts or data, we can make it work the same day. Usually we can show customers within that week that we can start showing them the value of this as we get more and more data through the system. “