Aldebaran Robotics SA, a leading European humanoid robotics company, announced that it has raised US$13 million in new venture funding. The series C round of financing was led by Intel Capital, with additional participation from its current investors, CDC Innovation, iSource and Crédit Agricole Private Equity.
Aldebaran Robotics currently manufactures and sells advanced, programmable humanoid robots, with the aim of contributing to the well-being of humans, through solutions addressing personal services, healthcare and assistance to children with autism. Its products combine a range of facial and voice recognition technologies with location awareness capabilities, providing a flexible platform for application development.
The new funds will play a key role in allowing the business to develop its product offerings into additional vertical sectors such as health and social care, according to a prepared statement about the deal. The investment will also help Aldebaran streamline its production operations and increase its research and development capabilities.Read More