Successful financing round

mm,

AI-controlled robotics: 25 million euros for Sereact

Sereact has announced that it has received €25 million in funding to accelerate the application of its Vision Language Action Model (VLAM) in robotics.

Sereact founders Marc Tuscher and Ralf Gulde want to set new standards with their AI technology. © Sereact

Sereacts enables the rapid deployment of AI-enabled robots that automate warehousing and production. The round was led by Creandum. Other investors include Point Nine, Air Street Capital and prominent business angels such as former Formula 1 world champion Nico Rosberg, Mehdi Ghissassi (ex-Google DeepMind), Ott Kaukver (Skype), Lars Nordwall (ex-neo4j), Torsten Reil and Niklas Köhler (both Helsing).

Robots equipped with AI can be used in warehouses for e-commerce, for example, and pick items fully automatically. In logistics, they can sort goods independently, carry out quality checks and automate inventory management. This holds enormous potential for increasing productivity, eliminating the shortage of skilled workers and even creating new industries.

Chat instructions for the robot

According to Sereact, it was the first company to combine visual zero-shot reasoning, which enables robots to perform tasks without prior specific training, with chat instructions in natural language. Thanks to these functions, robots can perform tasks for which they have not been explicitly trained and can also be operated by non-technical users on site.

"With our technology, robots act situationally instead of following rigidly programmed processes. They adapt to dynamic tasks in real time, which enables an unprecedented level of autonomy," says Ralf Gulde, CEO and co-founder of Sereact.

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Sereact started with warehouse automation and has successful collaborations with customers such as BMW Group, Daimler Truck, Bol, MS Direct and Active Ants. Using the technology in the real world provides the system with valuable data to learn and become increasingly intelligent, which sets it apart from systems that are mainly trained with synthetic data.

Software-first approach

"Most AI robotics companies are currently focusing on hardware. What sets Sereact apart from the rest is its software-first approach. This means that they have the potential to become the brain of any robot that needs vision and autonomous capabilities. The possibilities are endless and it's great to see this kind of innovation coming out of Europe," says Johan Brenner, General Partner at Creandum.

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