Physical AI Startup Mowito Completes $3M Pre-Seed Funding Round on July 8

According to Economic Times, physical AI robotics startup Mowito secured $3 million in Pre-Seed funding on July 8, led by Version One Ventures with participation from All In Capital, Unisol, and iSeed. The company develops AI foundation models for industrial robot arms, enabling machines to learn tasks by observing human demonstrations rather than explicit programming. This approach addresses a key bottleneck in manufacturing automation: eliminating the need for engineers to rewrite control code when production lines change. Mowito's software runs on standard unmodified industrial robots and serves automotive and electronics manufacturers.
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