Inbolt, a Paris-based 3D vision and AI startup, has raised €15 million ($16.7 million) in Series A funding.
The funding will be used to enhance 3D vision and AI for robots, with the aim of improving precision and speed in industrial automation.
Inbolt's software utilizes 3D data to create a digital twin, enabling robotic arms to autonomously locate correct parts, making factory robots 'smarter' and increasing automation.
The funding round, led by Exor Ventures, will support US expansion, including opening an office in Detroit, and explore growth opportunities in Japan.