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...
Greg Nichols for ZDNet: Google-owned Boston Dynamics got some bad news in the final days of 2015. After years of development and intensive field trials, the Massachusetts-based robotics company learned that the U.S. Marines had decided to reject its four-legged robotic mule, Big Dog. The reason? The thing is too damn noisy for combat, where close quarters and the occasional need for stealth make excess machine noise a liability.
The setback reminded me of a story another group of robotics engineers told me about the development of their breakthrough machine, a robotic exoskeleton that enables paraplegics to walk and soldiers to hump heavy packs without wearing down. It also reminded me of a powerful approach to solving problems and dealing with setbacks that I've encountered again and again reporting on robotics.
Ekso Bionics, which went public in 2015, invented the first viable untethered exoskeleton, one that doesn't need to be plugged into an external power source. Their achievement rests on one engineering breakthrough in particular, and to arrive at it Ekso's engineers had to do something that's surprisingly difficult but incredibly instructive for non-engineers--they had to change the way they thought about their problem. Cont'd...
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