Ascent Robotics Corporation
Latest round
- Series B
Last raised
- Jan 2022
Total raised
- $26M
Investors
- 2
About Ascent Robotics Corporation
Founded in 2016 in Tokyo, Japan, Ascent Robotics specializes in AI-powered robotics software., Ltd.Ascent Robotics specializes in providing advanced AI-powered robotics software designed to enhance object recognition and enable intelligent robotics. Their core product, Ascent Pick, is specifically developed for robot picking in manufacturing and logistics, allowing for the efficient handling of diverse materials and item shapes without the need for complex programming. This software utilizes sophisticated algorithms to determine an item's size, shape, appearance, weight, and relevant text information, addressing challenges in automating warehouse operations. Additionally, the company offers a Packing Simulator that streamlines the process of packing multiple objects into a container, optimizing space utilization.Ascent Robotics generates revenue through the sale of its AI software solutions, primarily targeting business-to-business (B2B) clients in the manufacturing and logistics sectors. Transactions are structured around licensing agreements, where clients pay for the use of the software, often accompanied by implementation and support services. This model allows for long-term partnerships, with clients benefiting from ongoing updates and enhancements to the software. The company's flagship offerings, such as Ascent Pick and the Packing Simulator, are included in subscription plans that facilitate regular access to software updates and customer support. Ascent Robotics aims to develop new products to cater to these sectors, with anticipated releases aligned with their strategic expansion into the healthcare logistics market.
Who invested in Ascent Robotics Corporation
2 investors across 2 rounds
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Questions about Ascent Robotics Corporation
Who invested in Ascent Robotics Corporation?
Ascent Robotics Corporation has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Ascent Robotics Corporation raised?
Ascent Robotics Corporation has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Ascent Robotics Corporation last raise money?
Ascent Robotics Corporation's most recent round on record is a Series B, in Jan 2022.
What does Ascent Robotics Corporation do?
Founded in 2016 in Tokyo, Japan, Ascent Robotics specializes in AI-powered robotics software.
Where is Ascent Robotics Corporation headquartered?
Ascent Robotics Corporation is headquartered in Tokyo, Japan.
Which VCs invest in companies like Ascent Robotics Corporation?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Ascent Robotics Corporation's stage. Their profiles are linked below.
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