The Technology team advised Jacobi Robotics in a $5 million seed round and the launch of its groundbreaking technology and robotics AI software platform. The round was led by Moxxie Ventures with participation from Foothill Ventures, Humba Ventures, and The House Fund. Existing investors Swift Ventures, Berkeley SkyDeck Fund, LDV Partners, and Courtyard Ventures also participated. The company also announced the availability of the Jacobi Palletizer, the first in a series of AI-powered solutions that leverage Jacobi’s breakthrough motion planning technology.
The new financing will enable Jacobi to quickly ramp up capacity to meet initial and new demand fulfillment. Jacobi’s robot motion planning technology has sparked significant demand, with agreements already secured with manufacturers across the US, top robotics solutions providers including Formic, and Fortune 500 companies worldwide across a wide range of sectors including electronics and consumer packaged goods (CPG).
Jacobi Robotics has pioneered a new kind of AI-powered motion planning technology that requires 1000x less computational time and enables the deployment of robots in less than one day compared to one month with existing programming tools.
The Goodwin team was led by Andrew Sparks, Chris Garcia, Skyler Gray, Christine Tran, and Krystal Lin.
For additional details on the agreement, please read the press release.