Mantis: $5 Million Raised For Advancing Human-Centric Robots

By Amit Chowdhry • Dec 27, 2024

Mantis Robotics, a company focused on Physical AI for robotic automation, announced it has secured $5 million in new investments led by Emerald Technology Ventures with participation from the Amazon Industrial Innovation Fund. This funding will enable Mantis Robotics to scale its operations, enhance its product portfolio, and expand its presence in the rapidly growing industrial robotics market. 

The company makes industrial robotic arms safe for human interaction, eliminating the need for costly and complex external safeguards like fences or laser barriers. And Mantis’ technology learns and understands its environment based on sensor data from a proprietary built-in sensor suite. This enables Mantis Robots to detect obstacles and humans in their direct environment and adjust the robot’s behavior in real time, making robot arms safe and autonomous. 

The robot’s deployment software with 3D real-time Digital Twin requires no technical or coding knowledge, making it accessible to diverse industries and users. And by reducing operational complexity, Mantis’ robot systems could save as much as 75% in a typical robotic deployment. The company’s transformative technology has the potential to advance industries far beyond manufacturing and warehousing, paving the way for a new era of human-machine collaboration. 

KEY QUOTES:

“We built our company on the premise that robots should be an extension of human capability. Our industry has benefited greatly from many new developments in AI-powered application software. Unfortunately, these systems do not allow for safe human-robot interaction. We provide the link between AI and the physical world, by enabling robots to interact safely and capably with humans.” 

  • Gerry Vannuffelen, Founder & CEO of Mantis Robotics

“The investment into Mantis Robotics is another bet of Emerald on the huge potential of Physical AI. We believe Mantis Robotics’ unique technology will revolutionize robotics and will enable never-seen-before levels of human-machine collaboration. Mantis Robotics unlocks entirely new automation use cases initially in manufacturing and in warehousing, and in soon virtually every other domain.” 

  • Michal Natora, Senior Investment Director at Emerald

“At Amazon, collaborative technology is key to running safe and efficient operations.  Technology can serve its best purpose when it’s human-centric and able to work seamlessly to support employees as they deliver for our customers. We are excited about Mantis Robotics’ science-driven approach to advancing human-machine collaboration, fostering safer and more ergonomic workplaces.”

  • Franziska Bossart, Head of the Amazon Industrial Innovation Fund