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BRAIN SIGNED

Building a Robotics and Artificial Intelligence Network

Total Cost €

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EC-Contrib. €

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Partnership

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 BRAIN project word cloud

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

playing    autonomous    driving    commercial    maintaining    tackle    leuven    regarded    perspective    competitive    solves    closed    solutions    intelligence    intensive    2023    active    outperforms    sales    12    99    robotics    kobi    whereby    themselves    accelerate    2019    respect    longer    channels    strategic    manufacturers    belgium    contextual    economic    surge    business    alternative    tune    direct    performance    platform    demand    beneficial    contracts    patented    labour    mutually    rapid    forecasts    strategy    confirmed    networks    internationally    2021    ftes    industries    young    fit    scalable    chosen    revenue    signed    fine    turn    winning    sme    price    plan    establishing    robotization    machines    brain    expertise    company    skilled    thereby    hyper    award    finalise    companies    grow    feasibility    oem    environmental    whilst    robotic    reinforced    wave    demands    fact    demanding    employment    artificial    market    oems    capitalize    layer    125    competitors    easily    scalability    million   

Project "BRAIN" data sheet

The following table provides information about the project.

Coordinator
THE KOBI COMPANY 

Organization address
address: AMBACHTENLAAN 7C
city: LEUVEN
postcode: 3001
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 Belgium [BE]
 Total cost 2˙448˙851 €
 EC max contribution 1˙714˙195 € (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 2019-04-01   to  2021-03-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    THE KOBI COMPANY BE (LEUVEN) coordinator 1˙714˙195.00

Map

 Project objective

The Kobi Company (“Kobi”) is a young, award winning robotics company based in Leuven, Belgium. The problem which Kobi solves and which is driving this demand, is the fact that in many labour-intensive industries, the number one problem for companies is finding skilled personnel whilst maintaining a competitive price. Manufacturers (OEMs) active in these industries know the market is demanding robotic solutions, but many do not have the expertise to tackle this robotization wave by themselves. That is why OEMs turn to Kobi and its patented and highly scalable robotics platform (the “Brain”) that can easily be integrated into existing OEM equipment and turn them into autonomous machines. The Brain far outperforms any existing alternative on the market today from a price/performance perspective. Furthermore, the robotics platform is reinforced with an Artificial Intelligence layer to improve contextual and environmental awareness. The product-market fit and economic feasibility has been confirmed by signed contracts Kobi has closed with several large OEMs. Kobi has chosen for a business approach whereby existing OEMs are no longer regarded as direct competitors but as strategic partners. Establishing mutually beneficial strategic partnerships with OEMs will allow Kobi to capitalize on their strong (distribution) networks and sales channels, thereby achieving hyper-scalability. This SME project aims to fine-tune the Brain, finalise the go-to-market strategy, level the playing field with respect to the large OEMs, and the exploitation plan for immediate implementation to accelerate commercial scale-up so that the company can rapidly grow internationally. Revenue forecasts are expected to increase from ~€ 1 million in 2019 to ~ € 12 million by 2021 and €99 million by 2023. To support the surge in sales, Kobi demands a rapid employment increase, from 7 FTEs to 125 FTEs by 2023.

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

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