Dream Labs Secures $90 Million Seed Funding to Develop Universal Robot Foundation Models
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Dream Labs has successfully raised $90 million in seed funding, led by B Capital and Kindred Ventures, to enhance its robot foundation model, Dream-1. This model is designed to control hardware from various manufacturers and can already perform tasks such as picking, placing, and folding laundry. The funding will primarily support the expansion of computing infrastructure and the development of additional robot capabilities.
The significance of this funding lies in Dream Labs' innovative approach to robotics, allowing for a universal model that can adapt to different robot hardware without extensive retraining. Co-founder and CEO Joel Jang emphasized that Dream-1 enables robots to begin working quickly, akin to how a driver adapts to a rental car. This flexibility is expected to streamline the integration of robotic systems in various applications.
Looking ahead, Dream Labs plans to expand the functionality of Dream-1 to include support for wheeled mobile robots and more dexterous robotic hands. Additionally, the company has launched the Dream API and a fine-tuning service, which will allow developers to customize the model for specific tasks. No further timeline was disclosed at the time of publication.
Original report
Dream Labs Raises $90M in Seed Funding to Build Foundation Models for Any Robot
AIInsider · Greg BockThis briefing is an independently written summary based on publicly available reporting and is provided for industry information and news discovery. The original report and source publication are credited and linked where applicable. RobotToday does not claim ownership of third-party source material.
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