5D Robotics Raises $5.5M Funding in Seed Round for Commercial Business

Focus and delivery of Automation for Industrial, Factory, Heavy Equipment, Mapping and Inspection Markets moving ahead

Carlsbad, Calif. — February 2, 2016 — 5D Robotics Inc., a leader in the development of automation technology for vehicles, today announced it has closed $5.5 million in a seed round from private investors for its commercial business efforts.


The need for increasing automation in many different verticals is on the rise and with it the demand for highly accurate navigation and precise positioning. The 5D technology provides an automation solution that can be easily installed and reconfigured to bring robotics innovations into tough environments and do it economically. 5D solves position and navigation down to the centimeter level allowing vehicles to park side by side, indoors, outdoors and in the snow, fog, or rain.

"We are happy that much of the round was from a strategic partner and demonstrates the strong level of confidence they have in our automation solutions," said David Bruemmer, CEO and co-founder of 5D Robotics. "In the end, this seed round was oversubscribed and we are pleased with this level. Now our focus is on execution for our customers, and rapid growth."

5D Robotics will use the funds to accelerate the development of commercial products, software, and solutions into several vertical markets such as Industrial Heavy Equipment, mapping and inspection.

###
About 5D Robotics, Inc.
5D Robotics, Inc., located in Carlsbad, California, is a leader in the development of technologies that provide extremely accurate position and navigation, as well as industry leading obstacle avoidance and guarded motion systems that work in any environment, including those without GPS. 5D's technologies have been rigorously tested on over 30 robots and vehicles in military applications, and are now being adapted by numerous large commercial users. For more information, please visit: www.5drobotics.com.

Featured Product

QC Industries - AS40: The Ultimate User-Friendly Conveyor

QC Industries - AS40: The Ultimate User-Friendly Conveyor

AS40 Conveyors are designed for ease of use and simple integration with robotic applications. Built on a rigid aluminum frame, they feature tee slots for rapid accessory mounting and a tail that flips up at the push of a button for easy under-belt cleaning and belt changes. Nosebar tails are available for transferring small parts between conveyors. All conveyors include a 10 Year Warranty and most are available with a fast five day lead time.