Robotics Startup MOV.AI Raises $3 Million in Seed Funding
MOV.AI acquired $3 million in seed funding to develop the first industry-grade O/S for autonomous intelligent collaborative robots. The round was led by Viola Ventures, a leading technology investor in Israel with $2.8 billion assets under management, and NFX, a San Francisco-based venture firm founded by entrepreneurs who previously started 10 companies with exits over $10 billion.
MOV.AI’s goal is to create an ecosystem where developers, integrators, and manufacturers collaborate to produce smarter robots on a large scale for operation and production lines.
Its ROS-compatible operating system is designed to enable industry-grade deployment of autonomous robot fleets by decoupling hardware from software, simplifying R&D and field implementation processes. Its unique features include mapping, autonomous navigation, obstacle avoidance, cloud-based software distribution, and compliance with safety and cybersecurity best practices and modern end-user interface.