Konnex raises funding to advance robotics-as-a-service offering

Konnex is building a marketplace and protocol for robots and AI to be contracted for physical work. Source: Konnex

Konnex last week said it has raised $15 million in funding from a consortium of strategic partners. The startup said the investment will accelerate its efforts to transition autonomous robots from closed, proprietary systems into an app-like ecosystem.

“Physical work is a $25 trillion economy currently trapped in closed systems,” said Jon Ollwerther, CEO of Konnex. “With the support of our partners...