Humanoid Global Holdings makes investment in RideScan

Executive Summary

• Humanoid Global Holdings Corp. has made its first strategic software investment in RideScan Ltd., an AI platform focused on robotics safety, reliability, and performance.
• The investment is valued at $75,000, marking Humanoid Global's entry into software investments within the humanoid robotics and embodied AI sector.
• RideScan aims to use the funds to strengthen its leadership team, expand marketing, secure intellectual property, and execute pilot deployments to validate its go-to-market revenue model.

Key Details

• Investor: Humanoid Global Holdings Corp.
• Target Company: RideScan Ltd. (Founded in 2024)
• Investment Amount: $75,000
• Investment Type: Strategic software investment (First of its kind for Humanoid Global)
• Target Business Description: RideScan is an AI platform acting as a "safety layer" for autonomous robots, providing real-time risk assessment, predictive maintenance, and actionable insights to reduce downtime and address public trust issues. It is compatible with diverse robotics hardware and software platforms.
• Use of Proceeds:
  • Strengthen leadership team
  • Expand marketing efforts
  • Accelerate market adoption
  • Secure intellectual property
  • Execute two to three pilot deployments to validate and scale go-to-market revenue model
• Backers/Accreditations: Supported by YOPE, a Silicon Valley accelerator founded by Michael Baum (founder of Splunk, acquired by Cisco for $28 billion in 2024).
• Academic Background: Early breakthroughs shared at the University of Cambridge, Oxford's Manipulation Workshop, the University of Edinburgh, and London Business School.

Notable Quotes

• Shahab Samimi, CEO of Humanoid Global: "RideScan is addressing a significant need in the autonomous robotics sector by developing a solution that is not only equipped to continuously improve the safety and reliability of the technology, but also optimize performance... We believe it is well positioned to grow in tandem with the momentum of the sector itself as a platform that is not only serving such a universal need, but that is flexible enough to be interoperable with the growing number of diverse solutions making their way to market globally."
• Dr. Nandakumar, CEO of RideScan: "We are honoured to welcome Humanoid Global as a strategic investor in RideScan. Their pioneering role in shaping the global humanoid robotics ecosystem resonates deeply with our mission to ensure that every autonomous system, from humanoids to industrial robots, can operate safely, reliably and for the benefit of humanity. Together, we are not just building technologies; we are shaping the future of trust between humans and intelligent machines worldwide."