KTH Company Furhat Robotics raises $2.5m in seed round

Published Sep 14, 2017

Today the KTH Spin-off Furhat Robotics announced that they've closed a seed round of $2.5m led by Balderton Capital and LocalGlobe.

Samer Al Moubayed, CEO of Furhat Robotics.

– This funding will provide us with the muscle to bring Furhat to a new level, and engage in substantial commercial partnerships with industry leaders that are as committed as we are to empower people to access and interact with technology and information in more human and social manner, says Samer Al Moubayed, co-founder and CEO of Furhat Robotics.

The A.I. company is building a leading conversational operating system to power robots with advanced social skills, and was founded 2014 by Samer Al Moubayed, Gabriel Skantze, Jonas Beskow and Preben Wik. The mission is to create a new interface between humans and technology that will be as groundbreaking an interface as the smartphone and as revolutionary a software platform as the Windows operating system.

– Furhat’s vision is to build a computer interface that enables people to interact with machines the same way we interact with each other. We believe social robotics will be as disruptive as the smart phone or the PC, and we are at the very early days of a technology that will allow us to interact with machines in a more human like manner, says Samer Al Moubayed.

More information about Furhat Robotics and the seed round will be found in the press release. Read the press release here!

Furhat Robotics recieved support from KTH Innovation, from the initial idea in 2012 to the market launch and first customer agreements. Do you have an idea or research results you would like to discuss with us? Contact innovation@kth.se and we will take it from there.

Belongs to: KTH Innovation
Last changed: Sep 14, 2017