Bengaluru-based startup Mowito has secured $3 million for its pre-seed round, led by Version One Ventures, alongside All In Capital, Unisol, iSeed and some angel investors. The new money will be used to scale up the company’s engineering and business operations and expand into the U.S. market, as well as build up its engineering and business team, while at the same time expanding deployments across automotive and electronics manufacturing facilities.
Established in 2024, Mowito is creating what it is calling “Physical AI” models for industrial robots. Unlike conventional coding and robot programming, its technology makes it easy to learn tasks from live demonstrations, which makes the deployment of robots on factory floors easier.