GrayMatter Raises $45M Series B to Accelerate its Unique AI-Powered Robotics Solutions for Manufacturing's Hardest Problems and Unique Challenges
• In a $2.5+ trillion industry, GrayMatter continues to set new standards with a 2~4x improvement in production line productivity, 30% or more reduction in consumable waste, and a system availability of over 95%.
• GrayMatter has a growing customer base across industries including aerospace & defense, specialty vehicles, maritime, metal fabrication, and consumer products such as sports equipment.
• Led by Wellington Management, with participation from NGP Capital, Euclidean Capital, B Capital, and other existing investors, the new Series B funding brings the total amount raised to date to $70.4M.
Trained quickly, inspected swiftly - Handling and defect inspection of indexable inserts
The German medium-sized company has developed a fully automated handling and inspection system in which the DENKnet solution for AI-based image evaluation plays a decisive role and sets new standards in terms of performance, zero-defect production and speed.
Partnership between RoboDK and KEBA Industrial Automation
The integration of KEBA Robotik KeMotion in RoboDK simplifies the complete life cycle of a process solution with integrated robotics, from the preparation of the quotation to implementation and after-sales support.
Unleashing Precision: HDR USB Cameras Revolutionizing Pick-and-Place Robotics
HDR USB cameras represent more than just a technological upgrade; they signify a commitment to excellence and precision in pick-and-place robotics.
Robotic Unitizing Palletizer Reaches a Literal 15 Year Milestone
Motion Controls Robotics' Unitizing Palletizer, featuring FANUC robots on Güdel rails, has traveled an astounding 300,000 miles-farther than a trip to the moon! This milestone underscores the groundbreaking impact of advanced automation on the palletizing processes and operational productivity.
Revolutionizing Robotics: Vadzo Imaging Launches AR0821 4K HDR USB 3.0 Camera
Vadzo Imaging, a pioneering force in advanced imaging solutions, announces the release of the AR0821 4K HDR USB 3.0 Camera, tailored specifically for the robotics industry. This cutting-edge device represents a significant leap forward in visual technology, promising unparalleled clarity and precision in robotic applications.
MassRobotics Healthcare Robotics Catalyst Program Opens Applications for Cohort 4, Presented by Festo, Mitsubishi Electric Automation, Novanta and MITRE
This initiative aims to accelerate innovation and adoption in the healthcare robotics sector by providing startups with the resources, mentorship, and connections necessary for success.
Digimarc and OMRON Partner to Modernize Industrial Automation
Revolutionary Digital Watermarking Technology and Industry-leading Machine Vision Technology Come Together to Transform Production Processes Across Industries
IERA Award 2024: Realtime Robotics Awarded for "Choreography" Tool - IFR reports
Industrial Robots Learn to Better Work in Concert
bitsensing Secures $25 Million in Series B Funding to Accelerate Growth and Innovation
bitsensing will use the funding to propel its mission forward to bring 'radar everywhere', across automotive, smart cities, health tech, and beyond
Making "cheddar" with industrial automation - Achieving 83 per cent waste reduction in food manufacturing
Ultrasonic uses energy from microscopic vibrations of a blade to pass easily through the material and offers a more effective solution for cutting food products. When paired with automation, ultrasonic technology can deliver precise and accurate cutting for manufacturers.
Germany's VDMA Robotics and Automation Halves Growth Forecast - Positive Signs From International Business
Decline in incoming orders from Germany
Increased competition from China
South Korea Tops in the Use of Robot Workers with 1,012 Installed Units Per 10,000 Employees
South Korea has Almost 7x more Robot Workers than the Global Average; the United States and Most European Countries are Far Behind
Flexiv Smooths the Way: Rizon Robot Revolutionizes Car Seat Production
Flexiv's Rizon 4 adaptive robot transforms car seat manufacturing by automating crease removal, ensuring a precise fit and an optimized driver experience.
Harvestance - Developing and Designing Vacuum Grippers for Production Line Robots
Harvestance has received numerous inquiries for the design and manufacture of customized, lightweight, and strong grippers for collaborative robots, aimed at automating production lines.
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Industrial Robotics - Featured Product
The piCOBOT Electric vacuum generator
Fully electric, slim design and absence of air-tubing and cabling. The new piCOBOT® Electric heads towards another success for Piab's piCOBOT® program. A secondary effect of these achievements is the absence of entangling air tubing and cabling. It simplifies the installation, and as the new piCOBOT® Electric only needs a single connection on the cobot arm, the clean set-up allows a completely unrestricted movement. The new piCOBOT® Electric package will contain plug & play software to fit UR e-series cobots, but many other useful adaptations will be introduced in the coming year
