Ray Kurzweil's humanoid robot startup in talks for $100 million investment
- On Tuesday, Beyond Imagination, the humanoid robotics company founded by Ray Kurzweil and Harry Kloor, announced it is in advanced discussions to secure $100 million in its Series B financing.
- The talks arose amid the company's goal to address labor shortages and modernize manufacturing through AI-powered humanoid robots and systems like Aura.
- The startup develops robots such as Beyond Bot for complex industries like chip manufacturing and pharmaceuticals and operates Aura, an AI system that connects robots, humans, and machines.
- Gauntlet Ventures, expected as the sole investor, supports the round to help relieve skilled labor scarcity and boost US industry, with Beyond Imagination's valuation projected to reach $500 million.
- If successful, the investment would enable Beyond Imagination to advance its humanoid robotics technology, reinforcing Kurzweil's vision of a future where AI and humans collaborate extensively.
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Beyond Imagination raises $100 million to build humanoid robots
A humanoid robotics startup co-founded by prominent artificial-intelligence futurist Ray Kurzweil said on Tuesday that venture capital firm Gauntlet Ventures will back its $100 million Series B funding round. The company, Beyond Imagination, will be valued at $500 million, and venture capital firm Gauntlet Ventures will be the round’s sole investor. Kurzweil is known for popularizing the term “the singularity,” when he predicted two decades ago …
Exclusive-Ray Kurzweil's humanoid robot startup in talks for $100 million investment
A humanoid robotics startup co-founded by prominent artificial-intelligence futurist Ray Kurzweil said on Tuesday that venture capital firm Gauntlet Ventures will back its $100 million Series B funding round.The company, Beyond Imagination, will be valued at $500 million, and venture capital firm Gauntlet Ven
Exclusive: Ray Kurzweil's humanoid robot startup in talks for $100 million investment
A humanoid robotics startup co-founded by prominent artificial-intelligence futurist Ray Kurzweil said on Tuesday that venture capital firm Gauntlet Ventures will back its $100 million Series B funding round.
Ray Kurzweil’s Robot Startup Nears $100M Funding Round Led by Gauntlet Ventures
Beyond Imagination, Ray Kurzweil’s humanoid robots firm, is reportedly in advanced talks to raise $100 million in Series B funding, with Gauntlet Ventures as the sole investor. According to a statement made on Tuesday, the company’s latest investment round is expected to be worth $500 million. The company, co-founded by AI futurist Kurzweil and scientist-entrepreneur Harry Kloor, seeks to reinvent manufacturing through humanoid robotics and AI i…
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