Persona AI Secures $27M to Advance Humanoid Robotics

Persona AI Secures $27M to Advance Humanoid Robotics

Persona AI has raised $27 million in an oversubscribed pre-seed funding round to accelerate the development of humanoid robots for industrial applications.

Persona AI has raised $27 million in an oversubscribed pre-seed funding round, announced in a press release. This funding will support the development and deployment of their humanoid robot platform, designed for demanding tasks in industries such as shipbuilding and manufacturing.

The company has already signed an agreement with HD Hyundai to deploy these robots in shipyards, with initial deliveries expected within 18 months. Founded in 2024 by robotics veterans Nic Radford, Jerry Pratt, and Jide Akinyode, Persona AI aims to address labor shortages and enhance workplace safety through its robotics-as-a-service model.

The funding round was co-led by Unity Growth and Tides Ventures, with participation from several other investors. The market for humanoid labor is projected to reach $3 trillion in the US, driven by advancements in AI and the demand for intelligent automation.

We hope you enjoyed this article.

Consider subscribing to one of several newsletters we publish like Robotics Brief.

Also, consider following us on social media:

AI & Robotics
AI Brief (X)

More from: Funding

Subscribe to Daily AI Brief

Daily report covering major AI developments and industry news, with both top stories and complete market updates

Market report

Superagency in the Workplace: Empowering People to Unlock AI’s Full Potential

This report explores the transformative potential of artificial intelligence in the workplace, emphasizing the readiness of employees versus the slower adaptation of leadership. It highlights the significant productivity growth potential AI offers, akin to historical technological shifts, and discusses the barriers to achieving AI maturity within organizations. The report also examines the role of leadership in steering companies towards effective AI integration and the need for strategic investments to harness AI's full capabilities.

Read more

You May Also Like