CynLr has secured $4.5 million in pre-Series A funding to enhance its transformative visual intelligence technology for industrial robots, aiming to revolutionize manufacturing flexibility and productivity.

Target Information

CynLr is an innovative technology firm focused on revolutionizing the way products are manufactured by enhancing the capabilities of industrial robotic arms. The company is on a mission to address major challenges within the manufacturing sector, such as the rigidity and limitations of conventional industrial robots. With a vision intelligence layer, CynLr aims to equip robotic arms with the ability to perceive and manipulate objects in a way similar to human capabilities, thereby improving flexibility and efficiency in manufacturing processes.

Since its inception, CynLr has made significant progress, evolving from a small team testing initial concepts to developing a working prototype and executing pilot programs with major Original Equipment Manufacturers (OEMs). Their groundbreaking technology not only stands to enhance production lines but also aspires to facilitate a shift towards universal factories that can easily adapt to producing different products.

Industry Overview

The global industrial robotics industry has experienced substantial growth, generating over $50 billion in revenue in 2021. The increasing deployment of robotics across various sectors has been driven by recent advancements in artificial intelligence, machine