Samsung Next, the early-stage technology investment fund launched by Korea-based electronics producer Samsung, has made an investment in Covariant.AI, a US-based robotics spinout from University of California, Berkeley.
Samsung Next has not revealed the size of the investment or when it became a backer. It provided the capital through the Q Fund, a new vehicle focused on artificial intelligence technologies that was launched last week.
Covariant, formerly known as Embodied Intelligence, is working on artificial intelligence (AI) software to enable robots to learn tasks performed by the user via a virtual reality headset.
The spinout said existing robots will be compatible with the “robot brain”, which would supplant coding scripts tailored to each task.
Covariant previously raised a $7m in a seed round in November 2017 led by venture capital firm Amplify Partners, with participation from Lux Capital, SV Angels, FreeS, 11.2 Capital and A.Capital.
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