Airbus Ventures Invests in Eureka Robotics

Eureka’s $10.5M Series A will accelerate deployment of Physical AI for precision manufacturing and logistics, harness development and deployment of flagship products, and scale operations in the US, Japan and Singapore.

MENLO PARK, Calif.--(BUSINESS WIRE)--Airbus Ventures proudly announces its investment in Singapore-based Eureka Robotics. The company will use this latest funding to accelerate the development and deployment of its main products, Eureka Controller and Eureka 3D Camera, which enable system integrators and manufacturers to deploy High Accuracy-High Agility (HA-HA) applications in factories and warehouses. They will also scale the company’s operations in the existing markets of Singapore and Japan, with a plan to launch more widely across Japan, as well as to enter the US market, where the company has already acquired initial customers.

“Eureka Robotics was founded in 2018 with the mission of helping factories worldwide automate dull, dirty, and dangerous work, so that human workers can focus on their creative endeavors,” explains CEO and Co-founder Dr. Pham Quang Cuong. “We are proud to reach the next stage of our development, with the support of our investors and the cooperation of our esteemed customers and partners. We will continue to make further efforts to bring our innovative technology to society.”

Empowered by Robotics and AI research from NTU Singapore, MIT, and the University of Tokyo, Eureka Robotics delivers robotic software and systems to automate tasks that require High Accuracy and High Agility (HA-HA). Common uses include AI-based Inspection, Precision Handling, 3D Picking, Assembly, or Dispensing.

“Eureka’s technology excels in achieving micron-level accuracy in order to harness the full potential of hardware. The team’s expertise in calibration, motion planning, and force control has powered tens of millions of operations in real-world commercial environments,” remarks Yuichiro Hikosaka, Principal at Airbus Ventures. “We’re thrilled to welcome the team into the Airbus Ventures startup portfolio.”

Eureka’s strengths lie in its proprietary technologies (High Accuracy Calibration, Computer Vision, Motion Planning, Force Control) and extensive industrial deployment experience, with more than 25 million HA-HA operations to date in factories worldwide. Eureka has offices in Singapore, Vietnam, and Japan, and their customer base ranges from industry-leading companies such as Toyota, Denso, Bridgestone, Mitsui Fudosan, Sumitomo Bakelite from Japan, to Pratt & Whitney, Coherent, and Excelitas.