Ally Robotics, a startup making smart and affordable robotic arms, has launched a campaign to raise up to $8.5 million in seed capital via equity crowdfunding site WAX.
Founded by innovative leaders in the robotics and artificial intelligence industry, Ally is already backed by restaurant automation leader Miso Robotics, who has signed a statement of intent to become Ally’s first partner and purchase its robotic arms for its Flippy 2 product line, representing a potential revenue of $30 million.
While robotics and automation have helped alleviate the well-documented labor shortage, the majority of robots in the world are too expensive and are only deployed for the most difficult tasks that require heavy lifting or minute precision. [Read more…] about Ally Robotics aims to raise $8.5 million to bring automation to the restaurant industry