Olis Robotics Secures $4M Funding for Robot Management

Olis Robotics has raised $4.1 million in a round led by PSL Ventures to fund the development of its industrial robot software.

The funding round will help in developing Olis’ industrial robot software, including the Olis Connect system. Courtesy of Olis Robotics.

Part of the company’s recent developments is its Olis Connect system, which enables safe remote monitoring, control, and troubleshooting of industrial robots. Olis Connect is controlled directly in a web browser and delivered on an edge-hosted PC that can be connected to both new and legacy industrial robot arms and robotic cells. The system works across robot brands, with Olis Robotics currently providing full support for robots from Universal Robots and FANUC.

With the funding, Olis is adding support for additional robot brands and will expand partnerships with robot system integrators in North America while developing new software products.

The round saw additional investors including Tectonic Ventures; Ubiquity Ventures; and the president and co-founder of MassRobotics, Daniel Theobald.