Chrysalix partners with Dutch RoboValley on €100 million robotics fund

Terry Dawes for Cantech Letter:  Vancouver-based Chrysalix Venture Capital has announced a €100 million fund aimed at driving the global robotics revolution, in partnership withRoboValley, a centre for robotics commercialization based at the Delft University of Technology in the Netherlands. The RoboValley Fund is Chrysalix’s first robotics fund, and will concentrate on disbursing seed and Series A rounds of funding to early-stage companies developing component technology, intelligent software, and other breakthrough robotics technologies. “Robotics is predicted to be the next big step in the digital revolution having an unprecedented impact on the way that we live, and provides an answer to some of the grand challenges of the 21st Century,” said RoboValley managing director Arie van den Ende. “Together with Chrysalix long-standing expertise in commercializing early stage industrial innovations, the RoboValley Fund will bring much needed capital and accelerated paths to market for our most promising next generation robotics technologies.”   Cont'd...

May Fundings, Acquisitions, IPOs and New Funds

May was another big month of money flowing into robotic ventures. But May was even bigger in launching new robotics-focused venture funding groups.

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Featured Product

Universal Robots - Collaborative Robot Solutions

Universal Robots - Collaborative Robot Solutions

Universal Robots is a result of many years of intensive research in robotics. The product portfolio includes the UR5 and UR10 models that handle payloads of up to 11.3 lbs. and 22.6 lbs. respectively. The six-axis robot arms weigh as little as 40 lbs. with reach capabilities of up to 51 inches. Repeatability of +/- .004" allows quick precision handling of even microscopically small parts. After initial risk assessment, the collaborative Universal Robots can operate alongside human operators without cumbersome and expensive safety guarding. This makes it simple and easy to move the light-weight robot around the production, addressing the needs of agile manufacturing even within small- and medium sized companies regarding automation as costly and complex. If the robots come into contact with an employee, the built-in force control limits the forces at contact, adhering to the current safety requirements on force and torque limitations. Intuitively programmed by non-technical users, the robot arms go from box to operation in less than an hour, and typically pay for themselves within 195 days. Since the first UR robot entered the market in 2009, the company has seen substantial growth with the robotic arms now being sold in more than 50 countries worldwide.