Ariane's Gray Matter has received an investment of 4.5 million dollars

Bangladesh University of Engineering (BUET) former student Arian Kabir's startup Gray Matter Robotics has received an investment of four and a half million dollars. Which is equal to 531 crore rupees in local currency. About two years ago, this company received an investment of more than 200 crore rupees.

Gray Matter Robotics is a new and developing company in the field of artificial intelligence and robotics based in the United States. Aryan Kabir is one of its co-founders and CEO. The company started its journey in 2020.

Wellington Management is leading a $450 million Series B investment for Gray Matter Robotics, according to US firm PR Newswire. Investors include NGP Capital, Euclidean Capital, Advance Venture Partners and SQN Venture Partners. Besides, existing investors 3M Ventures, B Capital, Bow Capital, Calibrate Ventures, OCA Ventures and Swift Ventures are involved in this new investment.

The shortage of workers in the two and a half billion dollar manufacturing industry of the United States is evident. That's why the hills of Kirayadesh are accumulating. Many industrial jobs are dangerous. Many require extensive training. As a result, 3.8 million workers are left vacant. Gray Matter Robotics is working to address this challenge.

Arian Kabir, Chief Executive Officer of Gray Matter Robotics, said in a statement, "We founded Gray Matter to increase productivity by prioritizing the welfare of the workforce." With the help of investors, we have addressed the issue of labor shortage in critical jobs in the industry.

Gray Matter Robotics offers Robotics as a Service (RaaS). Aryan Kabir said in an interview given to Prothom Alo two years ago, our customers do not buy robots. They use our robots as 'workers' in their plants. As a result, customers do not have to bear the one-time cost of buying a robot.

Arian Kabir told Prothom Alo on telephone today that they will do three types of work with the new investment. First, invent new products and services. Second, organizations that use their robots will try to solve the new needs they are creating. Apart from this, a part of this money will be used for new customer creation and marketing.