Total raised
$10.3M
Last: Undisclosed 2024-03
Stage
Pre-Seed
Founded
2018
Headcount
33
HQ
Petah Tikva
Sector
Industrial Technologies
About
Okibo is developing intelligent, mobile, multi-purpose, and autonomous robots for use in construction sites. The company's first product is a robot for wall rendering (e.g. stucco, exterior insulation and finish systems, concrete, primer, and adhesives) that can be used to simplify and reduce the costs of wall isolation.
Okibo's robots sit atop a highly mobile platform and use advanced computer vision, laser detectors, geo-positioning, and inertial motion sensors to operate and assimilate into any construction site. The solution's versatile robotic manipulators enable the programming of a multitude of tasks.
Funding history · 3 rounds · $10.3M total
2024-03
Undisclosed
$7.8M
2021-08
Undisclosed
Undisclosed
2020-11
Pre-Seed
Undisclosed
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is Okibo's primary focus and product?
- Okibo develops intelligent, mobile, multi-purpose, and autonomous robots for construction sites. Their first product is a robot designed for wall rendering, including stucco, exterior insulation and finish systems, concrete, primer, and adhesives.
- When was Okibo founded and where is it headquartered?
- Okibo was founded in February 2018 and is headquartered in Petah Tikva, Israel.
- What was Okibo's most recent funding round?
- In March 2024, Okibo raised an Undisclosed round of $7.85 million. Investors included Pi Labs, Shadow Ventures, and BitStone Capital.
- Which investors participated in Okibo's August 2021 funding round?
- In August 2021, Okibo received an Undisclosed round of funding from BuiltUp Ventures (BUV), Pi Labs, and NOVA by Saint-Gobain.
- What was the first investor in Okibo?
- CEMEX Ventures was an investor in Okibo's Pre-Seed round in November 2020.
- How many employees does Okibo currently have?
- Okibo currently has 33 employees.
- What technologies do Okibo's robots utilize?
- Okibo's robots use advanced computer vision, laser detectors, geo-positioning, and inertial motion sensors to operate on construction sites.
- Who are the founders of Okibo?
- The founders of Okibo are Guy German and Nadav Shuruk.
- What are Okibo's target geographic markets?
- Okibo's target geographic markets include the United States and Europe.
Sectors & technology
Primary sector
Industrial Technologies
Sub-sectors
Industrial TechnologiesProcess Automation & Intelligence Systems
Technologies
Machinery & RoboticsArtificial IntelligenceComputer VisionSensingLaserMotionGeolocation
Target customers
Real Estate & ConstructionConstruction
Business model
B2B
Highlights
1 PatentsVerified
Tags
sensorsmanufacturingindustry-4-0constructionmachineryroboticsautomation