An 11-person startup raised $40 million to challenge robotics' data-hungry giants
Source: Business Insider ·
Machenta, founded by Imperial College London researchers, raised $40 million to build AI that teaches robots new tasks from one demonstration.
From the source
Machenta cofounders Edward Johns and Vitalis VosyliusOscar MayMachenta raised $40 million in seed funding led by Creandum and Union Square Ventures.It says robots can learn tasks from one demo using a model trained entirely in simulation.The startup remains focused on research as it takes on multibillion-dollar rivals.A London-based robotics startup is betting it can teach robots new tricks without collecting the mountains of real-world data its much bigger rivals are chasing.Machenta, founded by researchers from Imperial College London, has raised a $40 million seed round to build an AI model that can teach robots new physical tasks after seeing them performed just once, the company exclusively told Business Insider. Venture capital firms Creandum and Union Square Ventures co-led the round. Machenta declined to disclose its valuation.While rivals building general-purpose AI models for robots are scrambling to amass real-world data, Machenta is taking a contrarian approach. Edward…