Inspecting wind turbines. Optimizing product displays for profitability. There’s not much artificial intelligence (AI) can’t do these days, and startup Clobotics wants to take those advances even further.
The Shanghai and Seattle firm today announced an $11 million funding round led by Nantian Infotech VC and Wangsu Science and Technology, both of which join previous investors KTB Network, GGV Capital, and Capital Development Investment Fund Management Co.
Clobotics, which was founded in 2015 by former Microsoft and Ehang executive George Yan, leverages its unique software computer vision platform to provide “real-time, data-driven insights” across verticals. With the infusion of new capital, it plans to expand its business in North America, invest in product development, and build on its team of computer vision, AI, and machine learning experts.
“Our goal is to use hardware, software, and technologies such as computer vision, AI, machine learning, and data analytics to … automate processes that have traditionally required [manual] labor,” Yan told VentureBeat in an interview. “The strategy is simple: In every market we venture into, we want to be No. 1 in that specific market.”
Currently, the company is in two: wind energy and retail.
Clobotics Smart Wind, its bespoke solution for preventative wind turbine maintenance, combines autonomous drone hardware with AI-infused software. Its drones snap high-quality footage of turbines and apply machine learning models to identify weakened components and pass that information along to Clobotics’ cloud-hosted monitoring platform….