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Eureka Robotics, the team behind the ‘IkeaBot’, picks up $4.25M



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Remember the IkeaBot? The robot went viral for its ability to build Ikea furniture as well (or better) than humans can. The team behind the project went on to found Eureka Robotics, which announced today that it has raised a pre-Series A round of $4.25 million, led by The University of Tokyo Edge Capital Partners (UTEC), one of Asia’s largest deep-tech investment firms, with participation from Vietnam’s Touchstone Partners and returning investor ATEQ.
Eureka Robotics’ products are based on research from Nanyang Technological University in Singapore and MIT. It focuses on robotic software and systems to automate tasks that require High Accuracy and High Agility (HAHA). Its robots are used for precision handling, assembly, inspection, drilling and other tasks.

The Eureka Controller’s High-Accuracy calibration synchronizes the reference frames of the robot and ca …

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