Mimic Robotics, a Zurich-based startup which prefers lower-case m, has raised $16 million in funding led by Elaia, alongside Speedinvest, to deploy its “frontier physical AI” across industries, enabling robots to handle complex, dexterous tasks that conventional machines cannot.
This heavily oversubscribed seed round also included participation from Founderful, 1st kind, 10X Founders, 2100 Ventures and Sequoia Scout Fund, bringing mimic’s total funding to over $20 million.
The new capital will accelerate the development of mimic’s foundation AI model and humanoid robotic hands, and advance deployments with leading global industry players. [Read more…] about Mimic Robotics raises $16 million to deploy ‘frontier physical AI’ across industries