Cognibotics, a Swedish deep-tech robotics firm, has been chosen for €6.5 million in blended finance from the European Innovation Council Accelerator underneath the Horizon Europe programme of the European Union. The funding features a €2.5 million grant and €4 million in fairness financing.
The funding will help the following stage of improvement and industrialisation of HKM1800, Cognibotics’ robotic platform for logistics and manufacturing.
The breakthrough combines a brand new hybrid kinematic design with superior movement management, making it potential to ship delta-class pace with a ten instances bigger workspace, whereas utilizing round one-third much less vitality than conventional robots.
Along with software program for model-based movement management and highly effective programming, HKM1800 is designed to scale back engineering effort, pace up commissioning, and make superior automation simpler to scale.
This makes HKM1800 a brand new class of business robotic, providing fast set up and greater than 2,000 picks per hour throughout a ten sq. meter workspace, breaking the standard pace/attain trade-off.
Fredrik Malmgren, CEO of Cognibotics, says: “This is a vital validation of each our know-how and our path as an organization.
“The mission will not be solely about bringing HKM1800 to market, but additionally about advancing the software program and automation strategy behind it. Collectively, this offers us a robust platform for scaling in logistics and manufacturing.”
Cognibotics was additionally highlighted by the EIC as considered one of solely 5 instance corporations in its official announcement of the most recent funding spherical, and want to acknowledge GAEU Consulting for its worthwhile help all through the EIC Accelerator software course of.
As a part of the appliance course of, Cognibotics additionally produced a pitch video presenting the corporate’s imaginative and prescient, the HKM1800 platform, and the software program strategy behind the mission.
The mission addresses the rising demand for extra scalable automation in Europe, pushed by labour shortages, rising throughput necessities, and the necessity for extra energy-efficient industrial techniques.
