Canvas Technology Raises $15 million To Accelerate Development of Autonomous Robotic Systems
The system utilizes computer vision to continuously map its environment, efficiently plan the best navigation path and intelligently work with people and other mobile equipment. Canvas is particularly focused on fast-moving and changing environments.
Boulder, CO - Canvas Technology , a robotics company building autonomous technology for industrial applications, announced its Series A financing, led by Playground Global with participation from previous investors, including Xplorer Capital, AME Cloud Ventures and Morado Ventures.
Canvas Technology has built a state-of-the-art autonomous system for efficient movement of mobile vehicles in factories and warehouses. The system includes high-performance proprietary 3D sensors and an end-to-end software package that can be utilized on mobile hardware including the Canvas Autonomous Cart. Canvas autonomous platform accels in unstructured environments such as lean manufacturing, high-growth and dynamic warehouses, outdoor logistics or construction sites.
Playground Globals sole purpose is to back entrepreneurial companies building the future of the connected world through software-defined hardware. "The Canvas team has created a powerful vertically integrated robot operating system, with perception and speed that rivals anything weve seen. We think it will not only bring enormous gains to the manufacturing and logistics sectors but to many other industries that need a turn key autonomous technology solution," said Andy Rubin, Co-Founder of Playground Global.
The system utilizes computer vision to continuously map its environment, efficiently plan the best navigation path and intelligently work with people and other mobile equipment. Canvas is particularly focused on fast-moving and changing environments.
About CANVAS Technology
Canvas Technology is a robotics company with a mission to provide end-to-end autonomous transport of goods. We're creating safe and powerful autonomous technology that can power both indoor and outdoor driving. Canvas is breaking down barriers of cost and complexity at a time when business is more focused than ever on technologies that drive efficiency and automation.
Featured Product
Model TR1 Tru-Trac
The Model TR1 Tru-Trac® linear measurement solution is a versatile option for tracking velocity, position, or distance over a wide variety of surfaces. An integrated encoder, measuring wheel, and spring-loaded torsion arm in one, compact unit, the Model TR1 is easy to install. The spring-loaded torsion arm offers adjustable torsion load, allowing the Model TR1 to be mounted in almost any orientation - even upside-down. The threaded shaft on the pivot axis is field reversible, providing mounting access from either side. With operating speeds up to 3000 feet per minute, a wide variety of configuration options - including multiple wheel material options - and a housing made from a durable, conductive composite material that minimizes static buildup, the Model TR1 Tru-Trac® is the ideal solution for countless applications.
