Pivot Robots, an AI startup specializing in industrial automation, has successfully secured funding from NuVentures, an early-stage investor, in a round of financing whose details remain undisclosed. The startup, part of Y Combinator’s 2024 cohort, was founded in 2023 by Siddharth Girdhar and Vignesh Rajmohan.
Utilizing artificial intelligence, Pivot Robots aims to revolutionize the manufacturing sector by automating processes traditionally reliant on human labour. Girdhar and Rajmohan, with prior experience in AI and robotics at prominent tech firms including Meta, Google, and Uber, bring a wealth of expertise to their venture.
“We are excited to partner with NuVentures as they offer invaluable support in customer acquisition and talent sourcing across both the US and India, key manufacturing hubs,” remarked Girdhar.
Pivot Robots’ flagship product employs AI vision control software to enhance the capabilities of industrial robots, starting with the task of grinding metal parts. This technology sets Pivot Robots apart from conventional robotic automation by enabling real-time adaptation and optimization.
NuVentures, renowned for early investments in successful ventures like Mu Sigma and Acko, adds Pivot Robots to its portfolio of over 40 companies, which includes notable startups such as PocketAces, Foxtale, Geist Beer, and Third Wave.
The funding from NuVentures marks a significant milestone for Pivot Robots, empowering them to accelerate their mission of addressing manufacturing challenges through cutting-edge AI solutions.