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...

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ST Robotics Develops the Workspace Sentry for Collaborative Robotics

ST Robotics Develops the Workspace Sentry for Collaborative Robotics

The ST Robotics Workspace Sentry robot and area safety system are based on a small module that sends an infrared beam across the workspace. If the user puts his hand (or any other object) in the workspace, the robot stops using programmable emergency deceleration. Each module has three beams at different angles and the distance a beam reaches is adjustable. Two or more modules can be daisy chained to watch a wider area. "A robot that is tuned to stop on impact may not be safe. Robots where the trip torque can be set at low thresholds are too slow for any practical industrial application. The best system is where the work area has proximity detectors so the robot stops before impact and that is the approach ST Robotics has taken," states President and CEO of ST Robotics David Sands.