According to research conducted by ABI Research, the global mobile robotics market is expected to grow to $158.6B by 2030. And, there will be over 15 million autonomous mobile robots in the world by then, and some type of Visual Perception will power 90 per cent of those machines. In this regard, Croatia-based Gideon Brothers, a company that solves industrial problems with autonomous mobile robots, announced that it has raised $31M (approx €25.48M) in its Series A round of funding.
Investors in this round
The round was led by Koch Disruptive Technologies (KDT), the venture and growth arm of Koch Industries, Inc., with participation from DB Schenker, Prologis Ventures, and Rite-Hite. In addition, existing investors also invested in this round including Taavet Hinrikus (co-founder of TransferWise), Pentland Ventures, Peaksjah, HCVC (Hardware Club), Ivan Topčić, Nenad Bakić, and Luca Ascani.