[ Brain Corporation raises $114M in Series C ]

Brain Corporation has raised $114 million in Series C funding.

Founded in 2009, Brain Corporation  is a software company licensing A.I. technology to multiple OEMs to convert their (existing) manual equipment into intelligent robots. Such robots can perceive their environments, control their motion, navigate using visual cues and landmarks, see and avoid people and obstacles.

The investment will be used to further develop A.I. technology and create brains for multiple types of commercial and consumer robots.

Funding  Series C
Founded  2009
Country  USA
City  San Diego, California
Founder / CEO  Eugene Izhikevich
Deal Size  $114M
Investors  SoftBank
 Qualcomm Ventures
Previous Investors  Qualcomm Ventures