Allonic is rebuilding robotics from the inside out
Budapest-based robotics company Allonic has raised $7.2 million in a pre-seed round, marking what investors are calling the largest pre-seed funding round in Hungarian startup history. The raise was led by Visionaries Club with participation from Day One Capital, Prototype, SDAC Ventures, TinyVC, and more than a dozen angels from organisations including OpenAI and Hugging Face. Allonic’s $7.2m pre-seed matters because it breaks a quiet rule in Europe: that truly hard hardware problems are supposed to wait until later rounds, or later continents. This is early money going into the physical layer of robotics, not the AI wrapper around it,…This story continues at The Next Web [...]
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