San Diego’s Brain Corp. lands 4 million in funding from SoftBank, Qualcomm

San Diego’s Brain Corp,,the maker of self-driving technology used in supermarket floor cleaning robots, said Wednesday that it has raised $114 million in a third round of venture capital funding led by SoftBank Vision Fund. The deal is the largest single amount of venture money raised by a San Diego start-up so far this year, and highlights the potential that investors see in artificial intelligence and robotics technologies. Qualcomm Ventures, which was Brain Corp’s original backer, also participated in the funding round. Founded in 2009, Brian Corp was housed inside Qualcomm’s research lab for several years. The wireless technology giant maintains a seat on Brain Corp board of directors. Brain Corp said its plans to port its BrainOS technology – which combines low cost sensors with hardware and software to control robots — onto Qualcomm’s Snapdragon mobile platform to power a new generation of consumer robots that will be able to clean, sort and do other functions around homes and offices. For now, Brain Corp’s main product is EMMA, which stands for Enabling Mobile Machine Automation. Tested in Jimbo’s groceries around San Diego and introduced last year at the Industrial Sanitary Supply Trade Show in Chicago, EMMA enables robots to…


Link to Full Article: San Diego’s Brain Corp. lands 4 million in funding from SoftBank, Qualcomm

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