Elementary Secures Rockwell Investment for AI Machine Vision

LOS ANGELES, June 7, 2024 — Elementary, an AI-powered machine vision company, has secured an investment from industrial automation and digital transformation company Rockwell Automation. The amount of the investment has not been revealed, but these funds will support development and deployment of the company’s AI-powered vision inspection solutions for manufacturing. The new capital and strategic collaboration will enable Elementary to build on its product offerings while expanding Rockwell's existing AI capabilities across its portfolio.

Elementary's AI and cloud-enabled vision technology leverages machine learning on the edge to provide continuous improvement of inspection. The company's No-Code tools and vision software allow simple camera configuration and training of its machine learning routines for quick deployment.

The investment was a part of a larger funding round with multiple groups involved. In addition to Rockwell, the round saw participation from existing investor Toyota Ventures.

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About Rockwell Automation Inc.

Published: June 2024

Glossary

machine vision: Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...

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