Robotics Startup PerceptIn Closes $11 Million

PerceptIn, a full-stack visual intelligence company, announced the completion of $11 million in Series A financing. Three investors participated in the round: Samsung Ventures, Matrix Partners, and Walden International Ventures.

The company’s core technology, which is focused on visual intelligence, is used in devices in a broad range of areas, from IoT-grade robots to autonomous driving. According to the startup, it is a preferred partner in the NVIDIA Inception Program, as well as other collaboration partner technology companies.