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Furhat SIGNED

The Human Face of AI

Total Cost €

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EC-Contrib. €

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Partnership

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 Furhat project word cloud

Explore the words cloud of the Furhat project. It provides you a very rough idea of what is the project "Furhat" about.

platform    essence    balderton    furhats    swedbank    scalable    honda    humans    whatsapp    class    believe    emergence    personality    smart    serious    talking    expressing    dubai    company    capital    speakers    intel    plays    interacting    interface    rates    raised    customers    understands    unicorn    alisa    amazon    technological    assistants    annual    forms    emotions    bots    robot    robotics    2017    official    living    interactions    deutsche    sold    conversation    generating    realistic    social    whom    interaction    mental    answers    converse    running    ai    cues    kpmg    robots    expo2020    markets    facebook    migrate    broad    sep    rooms    swedish    uk    13m    exchange    1bn    alexa    1m    telekom    exhibition    valuation    commercialising    localglobe    siri    currency    apple    telegram    10    disney    natural    food    merck    completely    exceeding    programmable    solutions    smartphones    30m    revenues    acceptance    witnessing    1st    models    relationships    total    communication    shows    2023    virtual    yandex    messaging    learns    venture    simultaneously    faqs    furhat   

Project "Furhat" data sheet

The following table provides information about the project.

Coordinator
FURHAT ROBOTICS AB 

Organization address
address: LINDSTEDTSVAGEN 24, TR 5
city: STOCKHOLM
postcode: 114 28
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Sweden [SE]
 Total cost 3˙228˙000 €
 EC max contribution 2˙259˙600 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-2
 Funding Scheme SME-2
 Starting year 2019
 Duration (year-month-day) from 2019-05-01   to  2021-04-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    FURHAT ROBOTICS AB SE (STOCKHOLM) coordinator 2˙259˙600.00

Map

 Project objective

Interacting with AI by talking is becoming increasingly common. Today we can order food, find out currency exchange rates & get answers to FAQs by messaging bots running in Facebook, WhatsApp or Telegram. Virtual assistants like Apple Siri, Amazon Alexa or Yandex Alisa migrate from smartphones to smart speakers in our living rooms. Simultaneously we are witnessing the emergence of social robots—a new class of robots for whom social interaction plays the key role. A social robot is a robot that can show emotions, have capabilities to converse on an advanced level, understands the mental models of its social partners, forms social relationships, makes use of natural communication cues, shows personality & learns social capabilities . In essence, a social robot = robot or AI social interface. There are serious technological problems to broad acceptance of social robots & the main one is the non-realistic interactions. At Furhat Robotics we are developing the 1st scalable social robotics platform. Furhat, the robot built on this platform, is a fully programmable social robot capable of expressing a broad range of emotions & carrying out a realistic conversation with humans. We have sold 80 Furhats to 50 customers—Disney, Intel, Merck, KPMG, Swedbank, Deutsche Telekom, Honda & others. Finally, we are an official partner of the Dubai Expo2020 exhibition. In total we have generated €2.1m in early revenues. In Sep 2017 we raised €2.13m of venture capital from Balderton Capital & LocalGlobe (both from the UK). We are aiming at creating completely new markets for social robotics solutions. We are aiming at commercialising ~10,000 Furhat robots by 2023, generating €30m in annual revenues. Long-term, we believe we can become the next Swedish & European unicorn company, exceeding the €1bn valuation.

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The information about "FURHAT" are provided by the European Opendata Portal: CORDIS opendata.

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