Greek Robotics Startup Acumino Secures $11.7 Million Seed Funding

Greek robotics startup Acumino has secured a significant seed funding round, raising $11.7 million to accelerate the commercial deployment of its innovative physical AI platform for industrial automation.

The company’s technology enables robots to adapt across different hardware platforms without requiring task-specific re-programming for each robot type, driving new standards for flexibility and scalability in automation.

Acumino develops AI that trains robots to perform dexterous manipulation tasks in various industrial settings. Its data-driven approach allows for seamless integration with a range of robotic systems, streamlining the process of automating complex manufacturing processes.

The funding will support Acumino’s commercial expansion plans, including the growth of its engineering team and further development of its AI platform.

Acumino was also selected to participate in Google DeepMind’s European robotics accelerator program. The company is one of just 15 startups chosen for this prestigious initiative, which provides access to cutting-edge technology, cloud credits, and technical mentorship.

The participation in the DeepMind accelerator marks a significant milestone for Acumino, as it positions the startup as a leading player among European robotics companies. As the sole Greek participant, Acumino is set to benefit from increased visibility and credibility within the industry.

Orrick advised Acumino on the transaction, with George Pothoulakis leading the team that worked closely with the company’s leadership.