RGo Robotics exits stealth with $20M in funding

Editor’s Note: Amir Bousani, the co-founder and CEO of RGo Robotics, is taking part in a panel at the Robotics Summit & Expo on May 10-11 in Boston. The panel, titled “Innovations in Sensors, Sensing and Robot Vision” will discuss the latest advances in sensing products and technologies, including use cases highlighting important trends. The session will take place on May 10 from 4:15 PM to 5:00 PM. 

RGo Robotics announced that it raised $20 million in funding and that its Perception Engine is available for customers. RGo’s Perception Engine, which comes with hardware and software components, helps mobile robots understand complex environments and operate autonomously within them. 

“Most mobile robots today are still blind and unable to navigate intelligently in dynamic and complex environments, and we see first-hand how hard it is for machine and robot manufacturers to develop basic visual perception on their own,” Amir Bousani, the CEO and co-founder of RGo, said. “Our technology changes this. Leveraging the most advanced AI and vision technologies, Perception Engine allows mobile machines to see and understand the world around them so they can move autonomously, safely and intelligently in any environment.”

RGo’s Perception Engine includes a hardware component in the form of a reference design, and a software development toolkit which can provide real-time data on the edge. The engine learns its environment and provides layers of information so the robot can function naturally in real-life settings. 

The engine’s perception data is provided over its API to the robot control system, which it uses to plan paths and behave autonomously. RGo’s engine has been through extensive field trials in outdoor and indoor environments, according to the company. The engine’s effectiveness has secured the company over $10 million in customer deals. 

“As the use of robotics continues to exponentially grow across industries, RGo’s solution is a game changer. Manufacturers will be able to offer more intelligent mobile robots and accelerate time-to-market without having to focus their R&D teams on this extremely complex technology area,” Nilanjana Bhowmik, co-founder and general partner at Converge, RGo’s strategic partner, said.

MoreTech Ventures led RGo’s funding round. The company plans to use the funding to continue expanding its R&D and commercial teams. RGo was founded in 2018, and has been in stealth since then. 

RGo is a 2022 RBR50 Robotics Innovation Award winner. The company’s Perception Engine achieved the award for it’s low-cost, low-power hardware and effective software.