CynLr raises Series A funding to realize robot vision for ‘universal factory’ [Video]

CynLr, or Cybernetics Laboratory, today said it has raised $10 million in Series A funding. The company said it plans to use the investment to enhance its hardware reliability, improve its software performance and user experience, reduce costs for the customer, and expand its team.

Gokul NA and Nikhil Ramaswamy founded CynLr in 2019. The Bengaluru, India-based company specializes in “visual object sentience,” robotics, and cybernetics. It is developing technology to enable robots to manipulate objects of any shape, color, size, and form toward its “universal factory” or “factory-as-a-product” concept.

“This round of investments will help us focus on deeper R&D to build more complex applications and solutions for our customers, like Denso, where they need to manage their demand variability for different parts through a hot-swappable robot station,” stated Ramaswamy, founder and lead for go to market sales and investment at CynLr.

He also cited plant-level automation customers. “With General …