Vayu is poised to disrupt the market by creating the bottom value possession for robots with one of the best operational economics,” stated Anand Gopalan, CEO at Vayu Robotics.
Vayu Robotics, an AI firm offering high-quality, low-cost robotics options, at present introduced closure of its seed financing spherical of $12.7 Million led by Khosla Ventures, with participation from Lockheed Martin Ventures, ReMY Traders and others. Vayu is a non-traditional robotics firm taking a principles-first method to unravel for value and ease of deployment via two key applied sciences: a basis mannequin for mobility and a disruptive low-cost sensing expertise that would exchange lidar in lots of mid-range functions. This spherical of funding will allow Vayu to scale product improvement for AI robotics throughout markets, together with last-mile supply, manufacturing unit automation and automotive.
Vayu has been constructed from the bottom up by specialists in machine studying, sensor improvement and industrial manufacturing, together with co-founders Anand Gopalan, former CEO of Velodyne Lidar; Mahesh Krishnamurthi, previously of Lyft and Apple; and Nitish Srivastava, previously of Apple and College of Toronto. The rise of latest AI applied sciences has enabled robots to carry out extra basic duties in a manner that has not been attainable beforehand. Moreover, as firms within the U.S. search to turn out to be much less reliant on abroad manufacturing by revitalizing home manufacturing capability and competitiveness, the demand for robotics and automation will proceed to develop. Vayu’s expertise is on the convergence of those two traits, enabling the following wave of sustainable and accessible robotics, most instantly for last-mile supply.
“Vayu is poised to disrupt the market by creating the bottom value possession for robots with one of the best operational economics,” stated Anand Gopalan, CEO at Vayu Robotics. “Now we have constructed an extremely sturdy staff of engineers with experience in {hardware} and software program. With this newest spherical of funding, our staff is positioned to convey Vayu’s novel expertise to the market via our first prospects.”
“At Khosla Ventures, we wager early on daring concepts that might be impactful to society,” stated Kanu Gulati, companion at Khosla Ventures. “In Vayu, we see a staff that is without doubt one of the first to leverage superior sensing expertise for machines to have the ability to navigate the world in a manner they might not beforehand, taking robotics to a brand new place.”
”Vayu is leveraging fashionable expertise in artistic ways in which matches with Lockheed Martin’s twenty first Century Safety imaginative and prescient,” stated Chris Moran, vp and basic supervisor at Lockheed Martin Ventures. “Vayu Robotics has a viable avenue to supply our prospects with cutting-edge and cost-effective robotic methods that may introduce a brand new wave of clever, autonomous options throughout a number of domains.”
About Vayu Robotics
Vayu Robotics is an AI firm pushed by the assumption that the following wave of robotics options may be low value, environmentally sustainable and inherently scalable. Vayu envisions a world the place a brand new wave of clever methods will advance secure and sustainable human productiveness. Vayu is constructing the inspiration mannequin for robotics – the following technology of AI to energy notion and movement. Vayu’s staff of engineers, technologists and enterprise leaders include many years of expertise that convey collectively one of the best in machine studying, sensing and manufacturing, enabling the event of expertise that may democratize robotics for widespread adoption.