BUET grad’s AI startup raises $4.1 million

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September 30, 2021

AI startup Gray Matter Robotics, headed by BUET graduate Ariyan Kabir, has raised $4.1 million in seed round funding. Stage Venture Partners and Calibrate Ventures led the round, along with 3M Ventures, OCA Ventures, Pathbreaker Ventures and B Capital Group.

The company, founded in 2020 by Ariyan Kabir (CEO), Brual Shah (CTO) and Satyandra (S.K.) Gupta (Chief Scientist), develops software and AI algorithms to create robotic assistants that help humans more safely and effectively do surface treatment tasks such as sanding and spraying on manufacturing lines.

Gray Matter Robotics implements its software with commercially available robots, sensors and end-of-arm tools and enables them to treat any unique part. It uses machine vision and path planning to identify the part’s geometry, pick up the right tool to process the part, figure out its material and which process to use, and then program the robot arm in the correct motion and execute the operation.

Ariyan Kabir said, “We are currently working with speciality vehicles manufacturers, aerospace companies and metal fabricators. Our focus now is on building solutions for surface finishing & treatment applications, and we wish to expand in the vast  $100+ billion markets in the USA.” 

“The first priority of Gray Matter Robotics is to make human life easier and safer while putting them to more valuable tasks,” he added.

According to reports, the newly raised funds will be used to expand the company’s hiring, speed up the development of next-generation products, and engage with a broader customer base.

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