- Mowito has raised $3 million in a pre-seed funding round led by Version One Ventures.
- The funding round also included participation from All In Capital, Unisol, iSeed, and several angel investors.
- Mowito plans to use the funding to accelerate its expansion in the United States and strengthen its engineering and go-to-market teams.
- Founded in 2024, Mowito is developing physical AI models that allow industrial robots to learn from task demonstrations.
- Mowito's technology is already in use at a Fortune 500 automotive company and a major electronics contract manufacturer.
Mowito, co-founded in 2024 by Puru Rastogi, Adityanag Nagesh, and Safar V, is pioneering Physical AI models for industrial robots. The startup's technology allows robots to learn tasks from human demonstrations, eliminating the need for traditional programming.14
"Manufacturing has reached a point where hardware is no longer the bottleneck — software is," Rastogi stated, emphasizing the need for adaptable automation. The recent funding will bolster Mowito's U.S. expansion and enhance its engineering capabilities.
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Mowito's robots are already operational in a Fortune 500 automotive company, showcasing their effectiveness in high-precision assembly. The startup competes with industry giants like Cognex and Fanuc, aiming to redefine automation with its innovative approach.5
The funding round attracted notable investors, including Soumith Chintala and Adarsh Kulkarni, highlighting the confidence in Mowito's vision.
Mowito's software can reportedly increase operational throughput by up to six times, significantly reducing setup times and deployment friction.
As the demand for flexible automation grows, Mowito is well-positioned to lead the charge in transforming industrial robotics.
“The round included participation from All In Capital, Unisol, iSeed, and angel investors like PyTorch co-creator Soumith Chintala. Mowito's robots are already deployed on manufacturing lines at a Fortune 500 automotive company and a major electronics contract manufacturer.”
