EU H2020 Project "FURHAT (The Human Face of AI)": description, partecipants, costs and EC-fundings

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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.

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

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

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

FURHAT ROBOTICS AB

SE (STOCKHOLM)

coordinator

2˙259˙600.00

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.

More projects from the same programme (H2020-EU.3.;H2020-EU.2.3.;H2020-EU.2.1.)