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Home » O-ID Announces $1.2M Pre-Seed Funding To Build Humanoid Robots

O-ID Announces $1.2M Pre-Seed Funding To Build Humanoid Robots

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O-ID has raised $1.2M in pre-seed funding. The round is backed by Tawani Ventures, Hustle Fund and Techstars.

O-ID builds modular humanoid robots for industrial work. Every major module comes off and goes back on in about five minutes, on the floor, without tools. A robot that fails on a production line is repaired where it stands instead of going back to its manufacturer. The supply chain is 100% Japanese.

Japan is three million workers short today and will be eleven million short by 2040, according to the Recruit Works Institute. When a machine goes down in that environment, there is nobody spare to cover the gap. That is the problem O-ID is built for.

Source: O-ID

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