Pashoot Robotics Closes Pre-seed Funding

Pashoot Robotics, a leading provider in contextual robotics for manufacturing, has successfully completed its pre-seed funding round, raising $1.5 million from private investors and the Israeli Innovation Authority grant. The funds will be used to further develop the company’s innovative technology and make robotic automation accessible to a broader range of users. Co-founders Ron Fridental and Dr. Mica Arie-Nachimson bring decades of experience in Edge AI and Computer Vision. Pashoot Robotics aims to tap into a market of over $600 billion by using AI to replace manual engineering automation processes, removing its entry barrier.