Israeli cobot startup MOV.AI completes $8 million series A round

Israeli startup MOV.AI, which develops an operating system for cobots (collaborative robots), has announced that it has completed an additional $4 million financing round, bringing the total capital raised in its series A to $8 million. The fundraising was led by SOMV and existing investors NFX, and Viola Ventures. Pinchas Buharis, managing partner at SOMV, will join the board of MOV.AI.