I2BF leads $3m round for RoboCV
I2BF Global Ventures and VTB Capital Investment Management have led a $3m funding round for RoboCV, a Russian developer of autopilot systems for warehouse vehicles.
Alongside the two lead investors, Almaz Capital, US firm Columbus Nova and existing backer Leta Capital all took part in the round. Leta injected $500,000 into RoboCV in May 2013.
Company
Founded in 2012 and headquartered in Moscow, RoboCV is a developer of autopilot technology for vehicles such as open-pit mining trucks and warehouse equipment.
It has developed its X-Motion system, which comprises laser scanners, video cameras and special software. A real-time map of the area is created that enables a machine to navigate.
People
Dmitry Smirnov is the CEO of RoboCV. Alex Chachava is a managing partner at Leta, while Alexander Korchevskiy is a partner at I2BF.
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