Found in Robotics News & Content, with a score of 16.35
October 07, 2022
…U.S. The market for last-mile delivery robots is certainly a competitive space, with players such as Starship Technologies Inc., Nuro, Coco, and Kiwibot continuing to expand into new locations. While Starship let go of 11% of its team in June, Stratis Research has predicted that the market will be worth $123 billion by 2030.
Found in Robotics News & Content, with a score of 15.96
February 02, 2022
…B, C 6/23/2021 Embark San Francisco 614 SPAC 6/23/2021 Nuro Mountain View, Calif. 600 Series D 11/2/2021 Public rides now available GM and Cruise employees have been testing the autonomous vehicles, which have individual names like Sourdough, Tostada, Poppy, and Disco. While people were excited to be riding in self-driving cars, they quickly became bored—as they should, Vogt noted. “I work on these cars every day, and I’ve seen every inch of progress,” he wrote in a blog post. “Just three months ago, I took the first-ever fully driverless ride in a major U.S. city, and it was incredible.” “When…
Found in Robotics News & Content, with a score of 15.09
June 08, 2021
…It supplies mechanical and solid-state lidar sensors to AutoX, Nuro, Lyft, Navaya, WeRide, and Zoox. Investors want lidar for multiple applications GL Ventures, the venture capital arm of Hillhouse Capital, led Hesai's Series D round. Chinese Internet provider Meituan and smartphone maker Xiaomi and also participated, as did Citic Private Equity (CPE) Funds Management. Other investors included Baidu, Bosch, Huatai International Private Equity Fund, and ON Semiconductor. Baidu and Xiaomi are working with partners on electric vehicles, and Meituan is developing robots for indoor and outdoor deliveries. In addition, existing investors Lightspeed China Partners, Lightspeed Venture Partners, and Qiming Venture…
Found in Robotics News & Content, with a score of 12.76
April 08, 2021
…J.P. Morgan will act as lead book-running managers for the proposed offering. Other recent deals in autonomous vehicles include Nuro's $500 million Series C, Einride's $75 million in financing, and the $220 million in funding for Plus.
Found in Robotics News & Content, with a score of 12.61
October 05, 2021
…also recently partnered with Aurora Innovation and PACCAR on testing autonomous trucks, Berkshire Grey for small package processing, and Nuro for delivery robots. It previously partnered with Alphabet's Wing Aviation unit on a drone-delivery pilot in Christiansburg, Va.
Found in Robotics News & Content, with a score of 12.09
April 06, 2021
…in numerous technology and robotics companies, including Aldebaran, Cruise, Nuro, Uber Advanced Technology Group, and Berkshire Grey. In December 2020, the company sold its interest in Boston Dynamics to Hyundai Motor Group. SoftBank Robotics, which includes the former Aldebaran, makes the Pepper humanoid service robot and BrainOS-powered commercial cleaning and disinfection robots. SoftBank supports cube storage approach AutoStore said its automated storage and retrieval systems (ASRS) can provide supply chains with high throughput, enhanced configurability, and high levels of flexibility. The company added that its cube storage can enable customers to store four times the inventory in the same space…
Found in Robotics News & Content, with a score of 11.95
January 14, 2022
…its self-driving division to Toyota, and delivery robot firm Nuro acquired self-driving trucking firm Ike. Waymo, which is owned by Google parent Alphabet, and Cruise, which spun out of General Motors, have pumped billions of dollars into self-driving car research and development. Cruise acquired Voyage in March 2021. Also this week, Magna International acquired the employees and assets of Boston-based Optimus Ride Inc. Former Local Motors executives expressed optimism, however, about the industry's potential. “As with most adventures, they must come to an end. Local Motors has closed its doors,” wrote Jeff Hollowell, senior vice president of information technology at…
Found in Robotics News & Content, with a score of 11.05
July 15, 2022
…with their own teams,” CEO Avi Jacoby told TechCrunch. Nuro Inc.—The Mountain View, Calif.-based company, which we named a “delivery robot company worth watching” back in March, raised $600 million in Series D funding in November 2021. Yesterday, Nuro laid off 10 people in its offices in Phoenix, Houston, and Mountain View, Calif. It's closing its Phoenix office but will continue to operate out of Tempe, Ariz., as it shifts from on-road operations to teleoperated vehicles. Pudu Technology Inc.—Pudu Robotics, which makes mobile robots for indoor deliveries in restaurants, disinfection, and hospitality, raised close to $155 million last year. The…
Found in Robotics News & Content, with a score of 10.86
December 20, 2021
…productization and conduct tests in local markets. For example, Nuro raised $600 million in a Series D funding round, Alphabet's Waymo participated in one external fundraising round of $3 billion, and startup Coco closed on $36 million in funding in August 2021. Other delivery vehicles currently on the market are remotely piloted, “which significantly dilutes their ability to save human labor and create the strongest ROI possible,” claimed Artificial Intelligence Technology Solutions. The company said its RAD-M delivery vehicle will primarily operate autonomously, with a minimum amount of necessary human support. “I strongly believe that there is plenty of room…
Found in Robotics News & Content, with a score of 10.76
May 10, 2022
…next two to five years, based on progress that Nuro and Amazon have made with RB5. RB5 AMR Reference Design supports new apps Qualcomm claimed that its RB5 AMR Reference Design “is the world’s first AMR reference design to offer tightly integrated enhanced AI and 5G capabilities.” It could help with management of mobile robots in widening delivery, manufacturing, and warehouse applications, said the company. Singh said the RB5 AMR Reference Design joins Qualcomm's SDK and its RB5 drone reference design. It provides support for deep learning, 360-degree simultaneous localization and mapping (SLAM), GPS-denied indoor navigation, high-resolution 4K imagery, and…
Found in Robotics News & Content, with a score of 10.37
January 26, 2022
…teamed up with Neolix to test an autonomous delivery vehicle in China, and it is testing similar vehicles with Nuro LLC in Houston. The company is also testing FedEx SameDay Bot, Roxo, in the AMEA region to explore the future of contactless, last-mile delivery. FedEx is working with Aurora Innovation Inc. on autonomous long-haul trucks and with Future Mobility Campus Ireland (FMCI) Air on drone deliveries. In addition, it launched the SenseAwareID sensor-based logistics device, which is designed to enhance tracking precision, reliability, and timely delivery of critical shipments such as pharmaceuticals and emergency medical supplies.
Found in Robotics News & Content, with a score of 8.96
May 10, 2021
…transactions include TuSimple's $1.1 billion initial public offering (IPO), Nuro's $500 million Series C, and Einride's $110 million Series B. Plus said that its Supervised Level 4 (“SL4”) PlusDrive technology will accelerate the development of fully autonomous trucks. SL4 could increase a fleet operator’s gross profit per truck by 30% to 70%, the company said. PlusDrive looks ahead Serial entrepreneurs and industry veterans in automotive technology and artificial intelligence founded Plus in 2016. The Cupertino, Calif.-based company said its SAE Level 4 autonomous driving system will make long-haul trucking safer, more efficient, and more sustainable. Plus claimed that its proprietary…
