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Indian robotics startup CynLr raises $10 million Series A funding

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Cybernetics Laboratory (CynLr), which describes itself as an “Indian deeptech robotics startup”, has raised $10 million in a fresh round of Series A funding led by Pavestone and Athera Venture Partners (formerly Inventus India).

This new investment brings its total funding to $15.2 million. Existing investors Speciale Invest, Infoedge (Redstart) and others also participated in this round of fundraising.

CynLr will now expand its 60-member core team to a 120-member global team. Along with expanding its research and software-development team, CynLr will be hiring business and operational leaders, marketing and sales teams across India, US and Switzerland. [Read more…] about Indian robotics startup CynLr raises $10 million Series A funding

CynLr opens first R&D facility in Switzerland

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Cybernetics Laboratory (CynLr), an Indian deep-tech startup specialising in visual object intelligence robotics and cybernetics, has opened its first “International Design & Research Centre” in Switzerland.

The announcement was made during the Swiss-Indian Innovation Week at Unlimitrust Campus in Prilly, headed by Pascal Marmier.

This Swiss Indian Innovation Week is being organised by Innovaud (Vaud’s Innovation and Economic Promotion Body associated with the Swiss Government) in partnership with Switzerland Global Enterprise.

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Indian robotics company CynLr unveils humanoid made from robot arms

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CynLr, an Indian deep-tech robotics startup specialising in Visual Object Intelligence Robotics and Cybernetics, has launched and showcased what it describes as an “all-purpose, reusable visual robot platform that doubles as a semi-humanoid”.

The company has named the humanoid robot “CyRo”, and unveiled it at the Robotics Summit & Expo in Boston recently.

CyRo, powered by CynLr’s proprietary vision object intelligence stack, is a Multi-arm vision guided robotic manipulator that can intuitively grasp “never seen before” objects, under extreme variable lighting conditions, requiring no lighting engineering, and can even handle complexities like reflective objects, that is objects in transparent/translucent packaging.

[Read more…] about Indian robotics company CynLr unveils humanoid made from robot arms