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Teleo retrofits heavy equipment in the mining and construction sectors to create remotely controlled robots, allowing operators to manage machinery from a safe location. This approach enhances safety by keeping operators away from hazardous environments and improves efficiency by enabling control of multiple machines from one spot. Unlike competitors that sell new equipment, Teleo focuses on upgrading existing machinery, which reduces costs for clients. The company's goal is to enhance safety and productivity in industries that rely heavily on heavy machinery.
Company Stage
Series A
Employees
11-50
Industries
Robotics & Automation, Industrial & Manufacturing
Total Funding
$20.1M
Headquarters
N/A
Founded
2019
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