5D Robotics raises $5.5M in Seed Round

What does 5d Robotics do?

5D Robotics, is a software company which accelerated human productivity and safety in this evolving dynamic world. The company is a leader in the development of automation technology for vehicles. The company emphasizes on reactive, rapid and biologically inspired behavioural responses, quite different from the competitors who continue to rely on mapping, GPS, planning and continuous communication. There is a need for increasing automation in many different verticals and with its the demand for precise positioning and highly accurate navigation. This company’s technology provides an automation solution which can be easily installed and reconfigured for brining robotics innovations into tough environments and to do it cost effectively. The company solves position and navigation down to the centimetre levels enabling the vehicles to park side by side, outdoors, indoors and in all climatic conditions.

How much 5D Robotics was funded?

5D Robotics raised $5.5M on February 2, 2016.

What is next for 5D Robotics?

5D Robotics’s CEO an co-founder said that the company is happy that this much of  the round was from a strategic partner and the funding round demonstrates the investor’s strong level of confidence in the company’s automation solutions. He said that the round was oversubscribed and they and pleased with this level. The company’s focus is currently on the execution for its customers and rapid growth. The company plans to use the funding for accelerating the development of commercial products, solutions and software into many vertical markets such as mapping, Industrial Heavy Equipment and inspection.

More about 5D Robotics

5D Robotics was founded in 2009. It has its headquarters in Carlsbad, California. The company is a leader in the development of technologies which provide very accurate position and navigation, also industry leading obstacle avoidance and guarded motion systems which work in any environment, including those without a GPS.