Two young entrepreneurs based in Galway have secured nearly half a million in funding to pursue their robotics software company which they claim will \u201cfundamentally change\u201d manufacturing.<\/p>\n
Robert Cormican and Eoin Cobbe from Forge Robotics are just the twelfth Irish company in history to get accepted into Y-Combinator, one of the most prestigious startup accelerators in the world.<\/p>\n
The men, aged 22 and 21, are on track to launch their first product next July after being awarded $500,000 (\u20ac423,854) in pre-seed funding from Y-Combinator, that has backed the likes of Airbnb, Stripe and Uber.<\/p>\n
\u201cWhen we got the news on Thursday, we knew we just had to go. [Robert] quit his job, [Eoin] deferred his degree, and we caught the next flight on Saturday to San Francisco.\u201d<\/p>\n
The pair met while studying engineering in the University of Galway.<\/p>\n
Chief Technology Officer, Robert Cormican, from Taylor\u2019s Hill, worked in Tuam-based Valeo Vision Systems, where he focused on research and development (R&D) in image quality for cameras in cars after studying electronic engineering.<\/p>\n
CEO Eoin Cobbe from Laois has a background in mechanical engineering, worked in the steel fabrication and robotics industry and ran a successful manufacturing company before quitting to join Forge Robotics.<\/p>\n
Forge Robotics is building AI-powered software to improve the welding capabilities of industrial robots. Its system allows robots to scan a part, interpret its geometry and execute welds even when the set-up is imperfect.<\/p>\n
\u201cWhen a factory buys a robot, the cost of setting up the robot and keeping the robot running is more than the cost of the robot. Forge Robotics turns months of expensive engineering hours into just a matter of hours with our AI Manufacturing System.\u201d<\/p>\n
\u201cWe\u2019re delighted to stand on the world stage in San Francisco with the most advanced AI development and make our families and our country proud,\u201d enthuses Eoin.<\/p>\n
\u201cWe\u2019ve our company formed, we\u2019ve a number of engineers interviewed, we\u2019re in the process of having a lease signed for our R&D facility. We\u2019ve hit the ground running and we\u2019re going to fundamentally change the manufacturing industry when we launch our first product in July 2026.\u201d<\/p>\n
Pictured: Robert Cormican and Eoin Cobbe from Forge Robotics.<\/p>\n","protected":false},"excerpt":{"rendered":"Two young entrepreneurs based in Galway have secured nearly half a million in funding to pursue their robotics…\n","protected":false},"author":2,"featured_media":89580,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[79,29297,18,19,17,5],"class_list":{"0":"post-89579","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-connacht-tribune","10":"tag-eire","11":"tag-ie","12":"tag-ireland","13":"tag-news"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/89579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=89579"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/89579\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/89580"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=89579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=89579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=89579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}