Dmitry Grishin Doubles Down on Robotics With New $100 Million Fund

Erico Guizzo for IEEE Spectrum:  Nearly four years ago, Dmitry Grishin launched a US $25 million fund to invest exclusively in consumer robots. Grishin, the co-founder, chairman, and CEO of Mail.ru, the Russian Internet giant, believed that robotics was going to be one of the next big technology revolutions, and he was willing to put his money where his mouth was.

Now the Russian investor is ready to double down on his vision. Or actuallydouble double down. Grishin Robotics has recently announced a second fund four times as large as the original one. The new $100 million fund will seek Series A and B deals and expand its focus to include startups in markets like connected devices, collaborative and material-handling robots, AI and data analytics, and industrial Internet of Things.  Cont'd...

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

 Discover the power of Omron mobile robotics.

Discover the power of Omron mobile robotics.

Our fully autonomous intelligent vehicles will help you to transform the way you move materials and route your workflows. Increase throughput, eliminate material flow errors, improve traceability, maximize flexibility and allow your employees to focus on higher level tasks. Unlike traditional AGV's, our mobile robotics navigate using the natural features of your facility and do not require expensive facility modifications or guidance. Our AIV's can adapt to changes in their environment and work freely and safely with your staff. Our mobile robots are intelligent enough to quickly learn their environment and then automatically find the optimal path to where they need to go. They also automatically make adjust for dynamic environments and can work together in fleets of up to 100 robots.