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Gideon Brothers Raises $31M in Series A Finance

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ZAGREB, Croatia, June 11, 2021 — Robotics and automation company Gideon Brothers raised $31 million in series A finance to accelerate the development and commercialization of vision-based autonomous mobile robots. The company intends to expand its manufacturing, sales, marking, and customer success operations in Europe and the United States by opening offices in Munich and Boston.

The financing round was led by Koch Disruptive Technologies (KDT). The company will expand its board of directors, adding KDT director Annant Patel, and a member of the board of management for contract logistics at DB Schenker, Xavier Garijo.
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Published: June 2021
Glossary
machine vision
Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
BusinessSeries ASeries A fundingGideon BrothersKoch Disruptive Technologiesfundingmachine visionautomationroboticsEuropeAmericasexpansion

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