What is ModalAI?
ModalAI, based in San Diego, California, specializes in providing advanced robot and drone perception and communications systems. Spun out of Qualcomm® in 2018, the company leverages extensive prior research and development to offer both custom design services and plug-and-play computing platforms. This dual approach enables manufacturers and independent builders to accelerate their path to market for autonomous solutions, making them a key player in the rapidly evolving field of AI-driven robotics and aerial systems.
How much funding has ModalAI raised?
ModalAI has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in ModalAI
PPP
Public-Private Partnership
What's next for ModalAI?
The company's large-scale late-stage funding context suggests a focus on scaling operations, expanding market reach, and potentially further R&D into next-generation perception and communication technologies. This strategic investment is likely to fuel ModalAI's growth as it aims to solidify its position as a leader in the U.S.A.-manufactured robotics and drone components market, driving innovation in autonomy for a variety of applications.
See full ModalAI company page