SixAI Overview
SixAI specializes in developing and commercializing advanced technologies that combine advanced optics, edge computing, and artificial intelligence. Two of its main solutions include an automatic inspection system featuring a visual inspection robot that can perform defect detection in under two seconds with over 98% accuracy, and a fully self-driving automated forklift which can conduct fully autonomous material transport on production floors with no need for special infrastructure. SixAIs other AI/robotics solutions include an autonomous materials handling system targeting semiconductor manufacturing; a solution for last-mile delivery automation; a group of AI robots targeting the food and beverage, retail, and HR industries; and a security robotics solution for businesses, transportation ports, and cross-border locations. The automatic inspection system and the fully self-driving automated forklift are developed under MusashiAI, a joint venture between Israels SixAI and Japans Musashi Seimitsu, a Honda Motor Corporation affiliate company.
Cumulative Funding Raised Over Time ($)
$5.0MDec 2020
Latest News
growth-positive
Maritime startup Captain's Eye receives $4 million investment from SixAI CTech
Maritime AI company Captains Eye has received a $4 million investment from SixAI. Captains Eye has developed an AI-based system that detects unusual events on ships in real-time, preventing property, physical, and financial damage. The investment will enable Captains Eye to expand its activity to additional markets and offer its technology to more segments in the maritime world. The company has a strategic partnership with XT Shipping and a pilot program at the Ashdod Port in Israel. The investment follows a partnership between SixAI and the Israeli Aerospace Industries to convert military technology for commercial use.
Investment
growth-positive
SixAI to invest $40 million to help commercialize IAI's military technology
Israel Aerospace Industries has partnered with Israeli startup SixAI to commercialize the defense companys technologies and adapt them to civilian market needs. SixAI will invest $40 million in the venture and will have access to IAIs in-house technologies, laboratory services, and experimental facilities. The partnership will focus on making military technologies commercially available in areas such as green energy, Industry 4.0, and monitoring and managing low-altitude commercial drones. SixAI specializes in advanced optics, edge computing, and artificial intelligence. The partnership aims to leverage IAIs military technologies for commercial implementation and introduce game-changing solutions to global challenges.
Partners
growth-positive
Israeli startup SixAI signs strategic partnership in South Korea
Israeli company SixAi has signed a strategic agreement to form a joint venture with South Korean semiconductor test solutions provider ISC and investment company Yozma Group Korea. The joint venture will allow SixAI to utilize ISCs manufacturing capabilities in South Korea and expand its business field to AI-based test inspection. The companies aim to secure opportunities in the AI robotics market. SixAI specializes in developing and commercializing advanced technologies that combine optics, edge computing, and artificial intelligence. Last month, SixAI received a $5 million investment from SIBF VC. The agreement was signed in Seoul, South Korea.
PartnersInvestment
growth-positive
SIBF to invest $5 million in Israeli artificial intelligence company SixAi
Israeli startup SixAi has received a $5 million investment from the South Israel Bridging Fund (SIBF). SixAi specializes in developing and implementing advanced technologies that combine optics, edge computing, and algorithms. The company has two subsidiaries focused on autonomous visual quality control inspection systems and autonomous driving technologies for industrial robots. The investment will be used to support the growth of the subsidiaries, enter new markets, invest in other robotics and AI companies, and continue developing advanced technologies. SIBF believes that SixAis technology is the future of the manufacturing industry and sees great business potential in the company.
InvestmentExpand
growth-positive
https://www.jpost.com/jpost-tech/joint-israeli-japanese-firm-is-the-worlds-first-robot-employment-agency-639608
Musashi AI, a joint venture between Musashi Seimitsu and SixAI, is revolutionizing manufacturing with its AI-powered robots. The company offers robots as a service that can be leased on a flexible basis, providing a cost-effective alternative to hiring human workers. MusashiAIs products include an autonomous forklift and a quality control visual inspector. The company has plans to expand globally, although the COVID-19 pandemic has slowed its commercial ambitions. The rise of automation and AI technologies is predicted to affect 1.2 billion workers worldwide, but MusashiAI aims to free humans from mundane and repetitive tasks rather than replace them. The company hopes to develop new types of robots for security, services, and healthcare in the future.
CustomersPartners
| Sector | Industrial Technologies |
Funding
| Total funding | $5M |
| Last funding | $5M |
| Stage | A |
| Rounds | 1 |
| Investors | 1 |
Team Members
2
Employees: 11-50
Web & Social Links
| Website | www.sixai.tech/ |
Locations
Kiryat HaTikshoret, Neve Ilan, Israel
Photos & Videos
No files yet
SixAI Business
Business models
B2B
Product stage
Beta
Employees
11-50
Sector
Automotive & Mobility TechnologiesAutonomous & ConnectedIndustrial TechnologiesOperational Optimization SolutionsTarget Customer
Industrial ManufacturingManufacturing FacilitiesCore Technology
Machinery & RoboticsAGVsData StorageEdge ComputingTags (13)
smart-mobilitymanufacturing-facilitiesretailunmanned-ground-vehicleopticsretailersfood-and-beverageroboticsvisual-inspectionsecurityartificial-intelligenceindustry-4.0edge-computingGeographic Markets
JapanSixAI Financials
$5M
Total funding
Undisclosed
Capital raised
$5M
Last funding
A
Funding stage
1
Total rounds
1
Investors
Cumulative Funding Raised Over Time ($)
$5.0MDec 2020
Private Equity Funding
A Round
Dec 2020
$5M
SIBF VC (Lead)
SixAI Lifecycle
Cumulative Funding Raised Over Time
$5.0MDec 2020
All Events
A Round
Dec 2020
$5M
SIBF VC (Lead)
SixAI News
6 articles
growth-positive
Maritime startup Captain's Eye receives $4 million investment from SixAI CTech
Maritime AI company Captains Eye has received a $4 million investment from SixAI. Captains Eye has developed an AI-based system that detects unusual events on ships in real-time, preventing property, physical, and financial damage. The investment will enable Captains Eye to expand its activity to additional markets and offer its technology to more segments in the maritime world. The company has a strategic partnership with XT Shipping and a pilot program at the Ashdod Port in Israel. The investment follows a partnership between SixAI and the Israeli Aerospace Industries to convert military technology for commercial use.
Investment
growth-positive
SixAI to invest $40 million to help commercialize IAI's military technology
Israel Aerospace Industries has partnered with Israeli startup SixAI to commercialize the defense companys technologies and adapt them to civilian market needs. SixAI will invest $40 million in the venture and will have access to IAIs in-house technologies, laboratory services, and experimental facilities. The partnership will focus on making military technologies commercially available in areas such as green energy, Industry 4.0, and monitoring and managing low-altitude commercial drones. SixAI specializes in advanced optics, edge computing, and artificial intelligence. The partnership aims to leverage IAIs military technologies for commercial implementation and introduce game-changing solutions to global challenges.
Partners
growth-positive
Israeli startup SixAI signs strategic partnership in South Korea
Israeli company SixAi has signed a strategic agreement to form a joint venture with South Korean semiconductor test solutions provider ISC and investment company Yozma Group Korea. The joint venture will allow SixAI to utilize ISCs manufacturing capabilities in South Korea and expand its business field to AI-based test inspection. The companies aim to secure opportunities in the AI robotics market. SixAI specializes in developing and commercializing advanced technologies that combine optics, edge computing, and artificial intelligence. Last month, SixAI received a $5 million investment from SIBF VC. The agreement was signed in Seoul, South Korea.
PartnersInvestment
growth-positive
SIBF to invest $5 million in Israeli artificial intelligence company SixAi
Israeli startup SixAi has received a $5 million investment from the South Israel Bridging Fund (SIBF). SixAi specializes in developing and implementing advanced technologies that combine optics, edge computing, and algorithms. The company has two subsidiaries focused on autonomous visual quality control inspection systems and autonomous driving technologies for industrial robots. The investment will be used to support the growth of the subsidiaries, enter new markets, invest in other robotics and AI companies, and continue developing advanced technologies. SIBF believes that SixAis technology is the future of the manufacturing industry and sees great business potential in the company.
InvestmentExpand
growth-positive
https://www.jpost.com/jpost-tech/joint-israeli-japanese-firm-is-the-worlds-first-robot-employment-agency-639608
Musashi AI, a joint venture between Musashi Seimitsu and SixAI, is revolutionizing manufacturing with its AI-powered robots. The company offers robots as a service that can be leased on a flexible basis, providing a cost-effective alternative to hiring human workers. MusashiAIs products include an autonomous forklift and a quality control visual inspector. The company has plans to expand globally, although the COVID-19 pandemic has slowed its commercial ambitions. The rise of automation and AI technologies is predicted to affect 1.2 billion workers worldwide, but MusashiAI aims to free humans from mundane and repetitive tasks rather than replace them. The company hopes to develop new types of robots for security, services, and healthcare in the future.
CustomersPartners
growth-positive
Short-staffed at factory? Japanese-Israeli venture offers robots for hire
MusashiAI, a joint venture between SixAI Ltd. and Musashi Seimitsu, has launched fully autonomous robots for hire in manufacturing industries. The robots, including a robotic forklift and a visual inspection robot, are designed to integrate seamlessly with human workers in an Industry 4.0 factory environment. Musashi Seimitsu is currently testing the robots in 35 manufacturing plants worldwide. The joint venture is also introducing a new business model that allows industrial firms to hire robot labor through a robotic employment agency, rather than investing in purchasing the robots. The initiative will be rolled out in Japan first and then expanded to other locations. MusashiAI aims to provide capacity in markets with labor availability challenges and offer hourly or task-based salary rates for the robots.
PartnersExpand
Employee Info
| Employees (range) | 11-50 |
| Exact count | 14 |
| Team members | 2 |
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SixAI Internal
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Admin Info
| Confidence | 90/100 |
| Missing | video or image, not claimed |
| BI Verification | Hilla Gorokhovsky |
| Registrar ID | 515993848 |
| Crunchbase | sixai-ltd |
| Creator | Maor Perlov |
| Creator email | maorperlov@gmail.com |
| Last updater | Maor Perlov |
| Updater email | maorperlov@gmail.com |
| Last update | 2020-12-27T00:00:00.000Z |
| Created | 2019-12-29T00:00:00.000Z |
| Hidden | The company is a service provider (visible: 0) |