Motion G, a Singapore-based AI, and smart software company raised over $15 million in a pre-A round led by New Wheel Capital.
The startup plans to accelerate the development of data-centric foundation models, digital twins, and automation software to significantly speed up industrial engineering processes.
As its first application, Motion G's intelligent engineering platform has revolutionized the solutions for traditional motion control. These solutions have been adopted rapidly by the manufacturers of flexible transport systems, Li-ion battery, food and beverage packaging systems, oil drilling rigs, industrial robots, semiconductors, 3C devices, automated guided vehicles, and electric tools.
Company: Motion G, Inc.
Raised: $15.0M
Round: Pre-A Round
Funding Month: January 2023
Lead Investors: New Wheel Capital
Additional Investors:
Company Website:
Software Category: Engineering Platform
About the Company: Motion G is developing an intelligent engineering platform to capitalize on the above trends and opportunities. The platform can significantly reduce the R&D cost and time to market, enable features on demand for low-cost delivery, verify designs in real-time, and make industrial products smarter and more efficient to operate.
Source: https://www.prnewswire.com/news-releases/intelligent-engineering-platform-motion-g-raises-over-us15-million-301712268.html