From SiliconANGLE · Mike Wheatley · · 2m
Dream Labs raises $90M for robot intelligence
Dream Labs gets $90M to build smarter robots using simple video feeds.
In brief
Dream Labs gets $90M to build smarter robots using simple video feeds. Dream Labs raised $90 million to create a universal robot foundation model that learns tasks from videos and natural language instructions. Originally reported by SiliconANGLE.
Dream Labs raises $90M
Dream Labs, a startup trying to make robots more intelligent and capable of performing many different tasks, has raised $90 million in seed funding to coincide with the launch of a public application programming interface…
Funding led by B Capital
Today’s round was jointly led by B Capital and Kindred Ventures and saw the participation of others including A.Capital, Unusual Ventures, Wing VC, SV Angel, Scribble VC and angel investor Adrian Aoun.
5 million industrial robots
Dream Labs believes there are more than 5 million industrial robots working inside factories and warehouses globally.
Limited robot capabilities
Almost all of those 5 million robots are designed to perform a single task, which they do very well, but cannot be trained to do any other task nor pass on knowledge to train other…
Dream-1 foundation model
Dream-1 treats robotic skills as simple video prediction problems and learns from human egocentric training data such as videos of people stacking shelves and packing items.
Dream API launch
Dream API is live for everyone today, allowing developers to access Dream-1 and instantly translate visual inputs and natural language prompts into robotic actions.
Pricing for developers
Dream Labs charges developers $3 per hour to access the most powerful version of Dream-1, with prices dropping to 75 cents per hour for a lightweight version.
Fine-tuning service
Dream-1 can be used to teach robots entirely new skills through Fine-Tuning-as-a-Service, where developers submit video demonstrating a new task for a customized model within hours.
Robot Playground
The Robot Playground allows anyone to access a live robot response through a web browser by typing a command.
20 hardware partners
Dream Labs is currently working with more than 20 robotic hardware companies whose machines cost between $2,000 and $10,000.
Future ambitions
Jang plans to teach Dream-1 to support mobile robots with wheels and robots with fully dextrous or humanlike hands using the $90 million raised.
The big picture
Dream Labs raised $90 million to create a universal robot foundation model that learns tasks from videos and natural language instructions.
