Humanoid Global invests $75,000 in robotics safety platform RideScan
Humanoid Global Holdings Corp. (CSE:ROBO, FWB:0XM1, OTCPK: RBOHF) announced its first strategic software investment of $75,000 in RideScan Ltd, an artificial intelligence platform focused on robotics safety and performance optimization.
RideScan, founded in 2024, develops AI technology that serves as a safety layer for autonomous robots across various industries. The platform provides real-time risk assessment, predictive maintenance, and performance insights to reduce downtime and address reliability issues in robotics systems.
The Edinburgh-based company built its technology on academic research presented at institutions including the University of Cambridge, Oxford, the University of Edinburgh, and London Business School. RideScan receives support from Silicon Valley accelerator YOPE, founded by Michael Baum, who co-founded Splunk before its $28 billion acquisition by Cisco in 2024.
RideScan plans to use the investment proceeds to expand its leadership team, increase marketing efforts, accelerate market adoption, secure intellectual property, and execute two to three pilot deployments to validate its revenue model.
"RideScan is addressing a significant need in the autonomous robotics sector by developing a solution that is not only equipped to continuously improve the safety and reliability of the technology, but also optimize performance," said Shahab Samimi, CEO of Humanoid Global.
Dr. Nandakumar, RideScan CEO, stated the investment aligns with the company's mission to ensure autonomous systems "can operate safely, reliably, and for the benefit of humanity."
Humanoid Global operates as a publicly traded investment issuer focused on building a portfolio of companies in the humanoid robotics and embodied AI sector, according to the press release statement.
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