# MOV.AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mov-ai

- Industry: Industrial Machinery
- Headquarters: Linho, Portugal
- Website: www.mov.ai
- Total disclosed funding: $3.5M
- Latest round: Seed (Aug 6, 2018)
- Investors on record: 2

## About

MOV.AI Ltd. specializes in providing a Robotics Engine Platform for Autonomous Mobile Robots (AMRs), enabling streamlined development and operational efficiency across various sectors such as logistics and manufacturing.Founded in 2016 and headquartered in Linho, Portugal, MOV.AI Ltd. focuses on the development of solutions for Autonomous Mobile Robots. The company has completed 4 deals, with its latest funding round being a Growth round in November 2022, where it raised USD 8.2 mn led by BÖWE SYSTEC GmbH and joined by other investors including NFX, State of Mind Ventures, and Viola Group. Limor Schweitzer is the founder of the company, with Motti Kushnir serving as the current CEO.MOV.AI offers a comprehensive Robotics Engine Platform designed specifically for Autonomous Mobile Robots (AMRs). Their core product features a Visual ROS IDE that facilitates AMR development through tools such as an integrated 3D physics and sensor simulator, debugging tools, and drag-and-drop algorithms. These solutions aim to enhance operational efficiencies in logistics, warehousing, and manufacturing, supporting diverse client needs with customizable tools for task and traffic management, health monitoring, and advanced reporting.MOV.AI generates revenue primarily through direct sales of its Robotics Engine Platform, focusing on business-to-business engagements. Clients subscribe to the platform for ongoing access to tools and resources necessary for AMR development and deployment. This subscription model fosters long-term partnerships while allowing customers to leverage offerings such as the Visual ROS IDE for enhanced operational efficacy. Pricing structures are tailored to meet the diverse needs of clients.In November 2022, MOV.AI Ltd. raised USD 8.2 mn in growth funding to accelerate product delivery, satisfy customer demand, and engage actively with the ROS developer community. The company plans to expand its product offerings to enhance its Robotics Engine Platform and intends to target additional geographic markets in North America and Europe by 2024.

## Funding rounds

- Seed, Aug 6, 2018, $3M — Viola Group, NFX
- Seed, Mar 31, 2016, $0.5M — NFX

## Investors

- NFX (https://capitalatlas.ai/funds/nfx) — Seed
- Viola Group (https://capitalatlas.ai/funds/viola-group) — Seed