With this latest round of investment, our team is positioned to bring Vayu’s novel technology to the market through our first customers.” “We have built an incredibly strong team of engineers with expertise in hardware and software. “Vayu is poised to disrupt the market by creating the lowest cost ownership for robots with the best operational economics,” said Anand Gopalan, CEO at Vayu Robotics.
Vayu’s technology is at the convergence of these two trends, enabling the next wave of sustainable and accessible robotics, most immediately for last-mile delivery. seek to become less reliant on overseas production by revitalizing domestic manufacturing capacity and competitiveness, the demand for robotics and automation will continue to grow. The rise of new AI technologies has enabled robots to perform more general tasks in a way that has not been possible previously. Vayu has been built from the ground up by experts in machine learning, sensor development and industrial manufacturing, including co-founders Anand Gopalan, former CEO of Velodyne Lidar Mahesh Krishnamurthi, formerly of Lyft and Apple and Nitish Srivastava, formerly of Apple and University of Toronto. This round of funding will enable Vayu to scale product development for AI robotics across markets, including last-mile delivery, factory automation and automotive.
Vayu is a non-traditional robotics company taking a principles-first approach to solve for cost and ease of deployment through two key technologies: a foundation model for mobility and a disruptive low-cost sensing technology that could replace lidar in many mid-range applications. PALO ALTO, Calif.-(BUSINESS WIRE)-Vayu Robotics, an AI company providing high-quality, low-cost robotics solutions, today announced closure of its seed financing round of $12.7 Million led by Khosla Ventures, with participation from Lockheed Martin Ventures, ReMY Investors and others.
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