MassRobotics Startups Surpass $1B in Funding
This remarkable achievement underscores the vital role MassRobotics plays in accelerating robotics innovation, commercialization, and adoption of advanced technologies.
Figure Raises $675M at $2.6B Valuation and Signs Collaboration Agreement with OpenAI
Investments from Microsoft, OpenAI Startup Fund, NVIDIA, Jeff Bezos (through Bezos Expeditions), Parkway Venture Capital, Intel Capital and others
Figure and OpenAI are collaborating to develop next generation AI models for humanoid robots.
UBTECH Robotics Announces Largest Artificial Intelligence Funding in History
$820 Million in Series C Investment Values Company at $5 Billion, Catapulting UBTECH to Worlds Most Valuable Consumer Robotics Company
Sony backs Acutronic Robotics' hardware robot operating system
Darrell Etherington for TechCrunch: Acutronic was set up in 2016, and offers a way to allow components combine in new robotics systems easily with ready-made compliance with industry and commercial standards for easy deployment.
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
Robotmaster® 2024
Program multi-robot cells and automatically solve robotic errors with ease. Hypertherm Associates announces a new version to its robotic programming software. Robotmaster 2024 addresses key market trends including the support for programming multiple robots in a single work cell and the demand for automatic trajectory optimization and robotic error correction.
Robotics and Automation - Featured Company
TM Robotics (Americas) Inc
TM Robotics, in partnership with Shibaura Machine, formerly known as Toshiba Machine until 1st April 2020, offers a comprehensive range of industrial robots ideally suited for high-precision assembly, machine loading/unloading and material-handling applications that can be dust proof, clean room, or IP65/67. The company's extensive product line starts with a Cartesian solution available in thousands of combinations from single actuators to four-axis solutions; six-axis solutions that can include precise vision-control; and a complete range of SCARAs from low cost to the industry-leading SCARA with 1200-mm reach that can carry up to 20 kgs. TM Robotics sells and services robots throughout Europe, the Middle East, India, Russia, and Africa, as well as North, Central, and South America, from headquarters in Hertfordshire, England and Elk Grove Village, IL, USA. For more information, visit www.tmrobotics.com or follow us on Twitter, LinkedIn and YouTube.
