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[FUNDING NEWS] Unlimited Robotics Secures $5 Million in Seed Funding

An early-stage Israeli venture capital firm called lool ventures sponsored a $5 million seed round that was closed by Unlimited Robotics, which seeks to use autonomous robotic solutions to address significant workforce shortages in the healthcare industry.

An early-stage Israeli venture capital firm called lool ventures sponsored a $5 million seed round that was closed by Unlimited Robotics, which seeks to use autonomous robotic solutions to address significant workforce shortages in the healthcare industry.

The CEO and co-founder of Wix, Avishai Abrahami, and the CEO and co-founder of Fiverr, Micha Kauffman, are among the additional investors.

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Robin Medical Centre (Belinson) and Shamir Medical Centre (Assaf Harofe), two of Israel’s biggest hospitals, have previously adopted robotic solutions from Unlimited Robotics.

Gary, the company’s two-armed robot, is made to manoeuvre through the dynamic and intricate environments of hospitals, carrying out repetitive duties like bringing meals and supplies, guiding patients and guests, moving Personal Protective Equipment (PPE), and having cognitive conversations with senior patients.

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“Usually, robots can perform only one function. With our technology, all of the solutions are integrated on one device, which frees the team in the hospital to focus on what’s important – patients, leaving Gary to handle all the repetitive, simple tasks,” said CEO Guy Altagar. “With this funding round, we can expand Gary’s capabilities, add more value to healthcare organizations, and bring a great number of solutions for people with disabilities, nurses and doctors, working 24/7.”

About Unlimited Robotics

Unlimited Robotics creates multipurpose robots, with a particular emphasis on “Gary,” a robot that can perform a variety of jobs in the hospitality, healthcare, and other sectors. To improve functionality, they provide developers with a platform called Ra-Ya on which to build unique applications for their robots.

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