Total amount raised
Undisclosed
Latest funding date
Undisclosed
Location
Title
Brain has successfully developed BrainOS®, a leading autonomy platform driving robotic and AI applications at scale. The company offers solutions like automated inventory management and intelligent floor cleaning, catering to industries such as retail, healthcare, and hospitality.
Keep reading to explore the intricacies of Brain's fundraising journey and the investors backing this innovative platform.
What Is Brain?
Brain Corp, founded in 2009, has been at the forefront of AI and autonomous technology. The company specializes in developing BrainOS®, a platform that powers a wide range of robotic and AI applications.
Based in San Diego, Brain Corp focuses on creating solutions for industries such as retail, healthcare, and hospitality. Their technology includes autonomous inventory management and intelligent floor cleaning systems.
While the specific names of the founders and the number of employees are not publicly disclosed, Brain Corp continues to grow and innovate in the field of AI robotics.
How Much Funding Has Brain Raised?
- Series C Funding Round
- Amount Raised: $114 million
- Date: July 2017
- Lead Investors: SoftBank Vision Fund, Qualcomm Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop A.I. technology and create "brains" for multiple types of commercial and consumer robots.
Brain Corp has raised a total of $114 million in funding. The current valuation is not publicly disclosed.
Key Investors
- SoftBank Vision Fund
- Details: SoftBank Vision Fund is one of the largest technology investment funds globally, led by Masayoshi Son. It focuses on transformative companies that leverage artificial intelligence and robotics.
- Investment Focus Areas: AI, robotics, telecommunications
- Notable Investments: Uber, WeWork, Arm Holdings
- Qualcomm Ventures
- Details: Qualcomm Ventures is the investment arm of Qualcomm Incorporated, a leader in wireless technology. It supports innovative startups that align with Qualcomm's strategic interests.
- Investment Focus Areas: Mobile technology, AI, IoT
- Notable Investments: Zoom, Waze, Fitbit
What's Next for Brain?
Brain Corp stands at the cusp of a significant opportunity, driven by the increasing demand for autonomous robots in both commercial and consumer sectors. With the $114 million Series C funding led by SoftBank Vision Fund, the company is well-positioned to expand its BrainOS® platform to a broader range of applications, from intelligent floor cleaning to advanced inventory management.
As the market for AI-driven solutions continues to grow, Brain Corp may seek additional funding to accelerate its development and market penetration. Strategic partnerships with major investors like Qualcomm Ventures could pave the way for future investment opportunities, ensuring sustained growth and innovation.
However, the path forward is not without challenges. Brain Corp must navigate technical hurdles in developing advanced AI and self-driving technology while competing with other players in the robotics space. Ensuring the safety and reliability of their autonomous robots in dynamic environments will be crucial for their continued success.
Use Clay to Get Funding Data
Sales professionals, take advantage of Clay's platform to access comprehensive fundraising data on companies like Brain and gather other critical business insights. Sign up for free today and elevate your sales strategy with the power of detailed, actionable information.
