- Published on
Movin Raises $2.7 Million to Revolutionize Humanoid Robotics with Lidar Motion Capture
- Authors
- Name
- The Editorial Team
- @humanoidsdaily
Movin Raises $2.7 Million to Revolutionize Humanoid Robotics with Lidar Motion Capture
According to Forbes, South Korean startup Movin has secured 4 billion won (approximately $2.7 million) in pre-Series A funding to advance its AI-based real-time motion capture technology. This funding round was spearheaded by Atinum, with participation from notable investors such as Naver D2SF, DSC Investment, and Krew Capital.
Movin is poised to utilize this financial backing to expand its reach into 3D motion data for the emerging field of humanoid robot development. Central to Movin’s offering is Tracin, a Lidar-based motion capture system providing a cost-effective, rapid, and user-friendly alternative to conventional motion capture setups.
Watch a demo if the single lidar setup above
Expanding Global Footprint
With plans to open an office in Los Angeles, Movin aims to better serve its key clientele in the gaming industry, leveraging its integrated solutions with prominent game engines like Unity and Unreal. This strategic move aligns with the company’s vision of staying close to its customer base, particularly within the Al and gaming sectors.
A New Era for Humanoid Robots
Movin recently launched an in-house studio dedicated to gathering high-quality 3D motion data to aid AI-driven humanoid robots. This initiative reflects Movin CEO Byeoli Choi’s emphasis on the burgeoning demand for 3D motion data across diverse sectors including robotics and healthcare.
The appetite for advanced AI and robotic technologies is increasingly evident, highlighted by giants such as Tesla and Samsung investing in humanoid robots and AI solutions. Movin’s endeavors align with this trend, potentially positioning them as a key player in the burgeoning field of humanoid robotics.