Eureka Robotics Secures $10.5 Million in Series A Funding to Accelerate Global Expansion

Singapore-based robotics startup Eureka Robotics has secured $10.5 million in a Series A funding round led by B Capital, a global multi-stage investment firm. The round saw participation from new investors, including Airbus Ventures, a venture capital firm supporting deep-tech entrepreneurs; Maruka Corporation, a Japanese trading company specializing in machinery; and G. K. Goh Ventures, a Singapore-based early-stage investment firm. Returning investors UTEC and ATEQ also participated.

The funding will be used to advance Eureka Robotics’ flagship products, the Eureka Controller and Eureka 3D Camera. These products are designed to enable manufacturers and system integrators to implement High-Accuracy-High-Agile (HA-HA) applications in industrial settings. 

The company plans to expand its presence in Singapore and Japan, while also preparing to enter the U.S. market, where it has already gained its first customers.

Eureka Robotics, founded in 2018, aims to automate monotonous, hazardous, and labor-intensive tasks in factories, allowing human workers to focus on more creative work. With advancements in robotics and AI, the company delivers software and systems that enable high-precision and high-agility (HA-HA) applications. 

Eureka’s proprietary technologies, including High Accuracy Calibration, Motion Planning, and Force Control, have powered millions of operations in real-world commercial environments. With this new round of funding, Eureka is expected to accelerate the development of its innovative solutions, particularly the Eureka Controller and Eureka 3D Camera.

The Eureka Controller, a comprehensive solution for vision and robotics applications, facilitates high-precision calibration and strong force control, functioning as a central hub for controlling a variety of industrial devices. 

The company plans to use the funds it has raised to scale its operations and further develop its products. Eureka intends to expand its footprint in Singapore and Japan while broadening its reach into the U.S. market, where it has already secured initial customers. In Japan, Eureka plans to extend its presence to key cities, including Nagoya and Osaka, after establishing significant traction through its previous Pre-Series A funding led by UTEC.

Dr. Pham Quang Cuong, Eureka Robotics’ Co-founder and CEO, expressed pride in reaching this next stage of development. He emphasized the company’s mission to advance its technology to transform industries globally. 

Additionally, Yuichiro Hikosaka, Principal at Airbus Ventures, praised Eureka’s ability to achieve micron-level accuracy, recognizing the team’s expertise in calibration, motion planning, and force control, central to the company’s operational success in real-world applications.

With offices in Singapore, Vietnam, and Japan and distribution partners in China and the USA, Eureka Robotics continues to expand its global presence. The company’s solutions transform manufacturing processes by combining robotics with advanced mechanics and data science, addressing the growing complexity and demands of modern assembly line operations. Eureka’s success has caught the attention of investors like B Capital, with General Partner Karan Mohla praising the company’s role in revolutionizing industrial automation and supporting its global expansion.