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AI Startup Jacobi Robotics Launches with $5 Million Seed Round and Motion Planning Breakthroughs to Program Robots 20x Faster

AI Startup Jacobi Robotics Launches with $5 Million Seed Round and Motion Planning Breakthroughs to Program Robots 20x Faster

July 16, 2024 Craig Etkin
  • A 95% reduction compared to traditional robot programming methods, Jacobi has set a new industry standard for robot deployment time.
  • Founded by a group of world-leading roboticists and AI researchers from UC Berkeley and Carnegie Mellon University, Jacobi’s founding team includes Yahav Avigal, Lars Berscheid, Max Cao, Jeff Ichnowski and Ken Goldberg.

July 16, 2024 06:00 AM Pacific Daylight Time

SAN FRANCISCO–(BUSINESS WIRE)–Programming an industrial robot can take weeks to months. Jacobi Robotics has pioneered a new kind of AI-powered motion planning technology that requires 1000x less computational time and enables the deployment of robots in less than one day compared to one month with existing programming tools. Today, the startup launched the availability of its groundbreaking technology and robotics AI software platform, and announced it has raised a $5 million seed round led by Moxxie Ventures with participation from Foothill Ventures, Humba Ventures, and The House Fund. Existing investors Swift Ventures, Berkeley SkyDeck Fund, and LDV Partners also participated.

“They have effectively leveraged their academic roots to rapidly build a company that addresses critical needs in the robotics space. Their comprehensive understanding of both the technical and commercial aspects of robotics has helped them design a platform that simplifies programming for industrial robots.”Post this

The startup also announced the availability of the Jacobi Palletizer, the first in a series of AI-powered solutions that leverage Jacobi’s breakthrough motion planning technology. More than $400 billion worth of US trade is exported annually on pallets, driving a rapidly growing demand and deployment for robotic palletizers that stack cases onto pallets for storage and shipment.

With recent advances in AI combined with increasing labor shortages, industrial robotics has reached an inflection point. Robots are now being reprogrammed every six months instead of every six years. Shorter production runs and new use cases enabled by advancements in AI require robots that can adapt to changes. In production deployments, Jacobi’s partners have already seen a 95% reduction in deployment time and a 24% savings in overall project costs after deploying Jacobi.

“Just a few years ago, machine learning was limited to a small group of experts and researchers,” said Max Cao, CEO and co-founder of Jacobi Robotics. “Today, any software developer can train a production-ready machine learning model by following an online tutorial. Similarly, in a few years, software engineers will be implementing production-ready robot applications using Jacobi.”

“The strong demand we’ve seen from the market underscores how programming for industrial robots is ripe for a massive shift,” said Cao. “The new financing will enable us to quickly ramp Jacobi’s capacity to meet initial and new demand fulfillment.”

Robot motion planning, which involves controlling a robot’s joints to maneuver its end-of-arm tool while avoiding obstacles, is a foundational aspect of robotics. However, until recently, it was virtually never used in commercial settings due to the complexity and computational requirements of implementing these algorithms, making them impractical. Jacobi has pioneered a new kind of AI-powered motion planning technology resulting in the fastest ever real time collision-free trajectory generations with computational times below 1 ms.

“The founders of Jacobi Robotics are leading roboticists hailing from the Berkeley AI Research Lab, acclaimed for their trailblazing research in AI, optimization, and motion planning,” said Alex Roetter, General Partner of Moxxie Ventures. “They have effectively leveraged their academic roots to rapidly build a company that addresses critical needs in the robotics space. Their comprehensive understanding of both the technical and commercial aspects of robotics has helped them design a platform that simplifies programming for industrial robots.”

Jacobi’s robot motion planning technology has sparked significant demand, with agreements already secured with manufacturers across the US, top robotics solutions providers including Formic, and Fortune 500 companies worldwide across a wide range of sectors including electronics and consumer packaged goods (CPG).

About Jacobi Robotics

Jacobi Robotics is a new AI and robotics company in Berkeley, CA, commercializing advanced software that will significantly improve the programming time and performance of robot solutions. The company’s AI-powered platform leverages proprietary motion planning technology and equips robotics engineers with an advanced toolkit, providing a modern software development experience. Jacobi is making advanced robotics capabilities accessible and reliable for real-world production settings. For more information, please visit www.jacobirobotics.com.

Contacts

Connie Zheng
connie@czcomms.com

Jacobi Robotics
press@jacobirobotics.com

(c)2024 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, California, Jacobi Robotics, San Francisco, Venture Capital

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Infinite Reality, an innovation company powering the next generation of immersive media, AI, and ecommerce, today announced a landmark real estate partnership with renowned real estate investment, development and management firm Sterling Bay to co-develop a 60-acre site in Fort Lauderdale into a next-generation technology and entertainment campus. This ambitious redevelopment—expected to open in 2026—will serve as Infinite Reality’s new global headquarters and is the cornerstone of iR’s long-term real estate strategy, which begins with this flagship project in South Florida. The public-private project marks one of the largest creative economy investments in the area to date, aiming to generate more than 1,000 new jobs with an average salary of six figures and deliver long-term economic growth to the region. Located at 1400 NW 31st Avenue on the site of a remediated former Superfund property, the development features over 100,000 square feet of Class A office space for media, tech, and enterprise clients. Construction is expected to begin in early 2026, pending completion of permitting and design phases.

In a statement John Acunto, co-founder and CEO of Infinite Reality said, “This isn’t just a headquarters—it’s the heart of Infinite Reality’s future. As a proud South Florida resident, this project is deeply personal to me.” “It’s about transforming a community I love into a global hub for immersive technology and creativity. We’re building opportunity, fueling innovation, and laying the foundation for a lasting legacy. Partnering with a world-class development firm like Sterling Bay ensures that this vision is realized at the highest level—and that Fort Lauderdale becomes a defining force in the future of the digital economy.”

In addition to serving as a corporate campus, the site will include flexible spaces for retail, production, digital broadcasting, and entertainment ventures. The development also includes educational initiatives in partnership with local institutions to train and hire future talent in STEM, immersive tech, and creative production. Infinite Reality is an innovation company powering the next generation of digital media and ecommerce through spatial computing, artificial intelligence, and other immersive technologies. Infinite Reality’s suite of cutting-edge software, production, marketing services, and other capabilities empower brands and creators to craft inventive digital experiences that uplevel audience engagement, data ownership, monetization, and brand health metrics.
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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
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Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
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