Sereact raises over € 25 million from Serie A

Stuttgart/ Berlin — Sere­act, a company specia­li­zing in AI-supported robo­tics, has raised €25 million in its Series A finan­cing round. The round was led by leading Euro­pean venture capi­ta­list Crean­dum. Other inves­tors include Point Nine, Air Street Capi­tal and a group of renow­ned busi­ness angels, inclu­ding Nico Rosberg (former Formula 1 world cham­pion), Mehdi Ghiss­assi (former Google Deep­Mind), Ott Kauk­ver (Skype), Lars Nord­wall (former neo4j), Rubin Ritter (former Zalando), Tors­ten Reil and Niklas Köhler (both Helsing). — YPOG provi­ded compre­hen­sive legal advice to Sere­act. Sere­act is inte­res­t­ing for a number of reasons. Firstly, it is a pioneer in the deve­lo­p­ment of Vision Language Action Models (VLAMs) for robo­tics. This addres­ses one of the biggest chal­lenges asso­cia­ted with the use of robots, namely the fact that hard­ware and soft­ware must be deve­lo­ped speci­fi­cally to perform indi­vi­dual, specia­li­zed tasks. Sereact’s VLAM enables zero-shot reaso­ning, where robots can intel­li­gently under­stand their envi­ron­ment and perform tasks for which they have not been speci­fi­cally trai­ned. Secondly, Sere­act is hard­ware agno­stic. This sets it apart from many compa­nies in the AI robo­tics space, which are hard­­ware-first and still many years away from mass produc­tion (or in some cases alre­ady tele­ope­ra­ted). Sereact’s approach is to deve­lop a base model that is suita­ble for all rele­vant robo­tics plat­forms — arti­cu­la­ted arms, mobile robots and even­tually huma­noid robots. This also includes stan­dar­di­zed, commer­ci­ally available robot hard­ware. This inno­va­tive approach makes Sere­act a pioneer and drives the vision of estab­li­shing embo­died AI as the new stan­dard in robo­tics. The tech­no­logy is alre­ady being used by well-known custo­mers such as the BMW Group, Daim­ler Truck, Bol, MS Direct and Active Ants. With the new funding, Sere­act plans to further expand rese­arch and deve­lo­p­ment, support new robo­tics plat­forms — from mobile robots to huma­noid systems — and signi­fi­cantly streng­then its presence in the US. Advi­sor Sere­act: YPOG

Dr. Benja­min Ullrich (Co-Lead, Tran­sac­tions), Part­ner, Berlin
Tobias Lovett (Co-Lead, Tran­sac­tions), Senior Asso­ciate, Berlin
Dr. Bene­dikt Flöter (IP/IT/Data Protec­tion), Part­ner, Berlin
There­sia Hein­rich (Corpo­rate), Senior Asso­ciate, Hamburg
Farina Weber (Tran­sac­tions), Asso­ciate, Berlin
Benja­min von Mangoldt (Funds), Asso­ciate, Berlin
Silke Ricken (Tran­sac­tions), Asso­ciate, Berlin About Sere­act

Sere­act is a pioneer in the deve­lo­p­ment of AI-powered robo­tics solu­ti­ons based on a soft­­ware-centric approach. The company uses inno­va­tive tech­no­lo­gies such as VLAM to make robots auto­no­mous, flexi­ble and adap­ta­ble. Since its foun­da­tion in 2021, Sere­act has estab­lished itself as a leader in the field of Embo­died AI and aims to trans­form the robo­tics indus­try worldwide. 

www.sereact.ai About YPOG
YPOG is a law firm specia­li­zing in tax and commer­cial law, active in the core areas of funds, tax, banking+ finance and tran­sac­tions. The YPOG team advi­ses a wide variety of clients.

These include emer­ging tech­no­logy compa­nies and family-run medium-sized enter­pri­ses as well as corpo­ra­ti­ons and private equity/venture capi­tal funds. YPOG is one of the leading addres­ses for venture capi­tal, private equity and fund struc­tu­ring in Germany. The firm and its part­ners are ranked natio­nally and inter­na­tio­nally by JUVE, Best Lawy­ers, Legal 500, Focus, Cham­bers and Part­ners and Leaders League. YPOG curr­ently employs more than 150 expe­ri­en­ced lawy­ers, tax advi­sors, tax specia­lists and a notary in four offices in Berlin, Hamburg, Colo­gne and Munich. www.ypog.law