Found in Robotics News & Content, with a score of 29.49
March 25, 2024
…announced a $3.5M Seed+ fundraising round led by Cybernetix Ventures and KST Invest GmbH, with participation from Yamaha Motor Ventures and Digital Media Professionals (DMP). Cambrian said this investment will propel its AI platform, enabling industrial robot arms to perform vision-based tasks across a variety of industries. “We are incredibly excited about the possibilities that our recent fundraising opens up,” said Miika Satori, CEO of Cambrian Robotics. “Our primary goals are to enhance the scalability of the product and strengthen our sales and operations in our main target markets. In addition, we are bringing new AI-vision-based skills to robot arms,…
Found in Robotics News & Content, with a score of 28.22
November 15, 2022
…executives Ranpak, JS Capital, Schusterman Family Investments, and Catapult Ventures led Pickle Robot's Series A round. The company has raised a total of nearly $32 million to date. Previous investors that participated in this funding round included Toyota AI Ventures, Third Kind Venture Capital, Hyperplane Ventures, BoxGroup, and Version One Ventures. Omar Asali, chairman and CEO of Ranpak, has joined Pickle’s board of directors as part of the investment deal. “Unloading freight from trucks and containers is a difficult, sometimes dangerous, and always tedious task that is performed in thousands of locations every day,” he said. “Operators around the globe…
Found in Robotics News & Content, with a score of 27.87
July 15, 2021
Woven Planet Holdings Inc., a subsidiary of Toyota Motor Corp., yesterday said it is acquiring CARMERA Inc., which specializes in spatial artificial intelligence for automated mobility. CARMERA will join Woven Planet Group as a wholly-owned subsidiary, expanding the company’s footprint beyond its Tokyo headquarters by adding New York and Seattle offices to its planned offices in Silicon Valley and London. Terms were not disclosed. The predecessor to Woven Planet—Toyota Research institute - Advanced Development Inc. (TRI-AD)—previously collaborated with CARMERA on projects from 2018 to 2020. They demonstrated that the companies could successfully develop and update high-definition (HD) maps from commodity,…
Found in Robotics News & Content, with a score of 25.95
August 24, 2023
…and Munich, Germany. Lead investors in Recogni include GreatPoint Ventures, Celesta Capital, Mayfield, and DNS Capital. Other investors include automotive OEMs and Tier 1 suppliers such as BMW iVentures, Toyota Ventures, Bosch, Continental, Forvia, and FluxUnit-OSRAM Ventures. “Having been in the automotive and autonomous driving industry for decades, it became clear that autonomous capabilities would only be able to go so far when using existing technology,” said Dr. Yvonne Lutsch, investment principal at Bosch Ventures. Recogni has proven that to move the industry forward, it requires purpose-built technology that is powerful, flexible, and easy to integrate,” she said. “And Recogni…
Found in Robotics News & Content, with a score of 24.78
June 05, 2023
…“Best of Innovation” award. Investors in the company include Toyota Ventures, Samsung NEXT, iRobot, OurCrowd, and Terra Ventures, as well as venture capital firms from California, Israel, Japan, and Asia. AAABC accepting applications The Broward County initiative is now accepting online applications. Those eligible to get an ElliQ for free are English-speaking adults ages 60 and older, with Wi-Fi in residence and with no significant impairments, said Intuition Robotics. The Area Agency on Aging of Broward County is sponsored by the Areawide Council on Aging of Broward County and the Florida Department of Elder Affairs. It is the nonprofit organization…
Found in Robotics News & Content, with a score of 24.38
June 03, 2021
…Capital Management, as well as new institutional investors Soundproof Ventures and Heroic Ventures. They joined existing investors SPARX Asset Management, Omron Ventures, Toyota AI Ventures, Scrum Ventures, and Duke Angels “This investment by some of the world’s leading manufacturers and automation providers stands as a testament to our ability to dramatically improve the value proposition for robotic implementations,” stated Peter Howard, CEO of Realtime Robotics. “Having already realized early deployment success, a broad spectrum of customers and partners are working closely with us to refine features and user experiences, readying our technology for rollouts in their engineering, factory and warehouse…
Found in Robotics News & Content, with a score of 24.27
December 14, 2021
…New participants included ZF, Continental AG, AGCO, Canaan, Lightspeed Venture Partners, Airbus Ventures, and Jaguar Land Rover’s InMotion Ventures. Other previously announced investors included Volvo Group Venture Capital, Toyota Ventures, and HELLA Ventures. “We have a lot of strategic investors, predicated on technology partnerships,” said Becker. “All of these relationships have been built up over quite some time.” “Based on the Apex.OS, we can offer our customers an additional ZF Middleware option,” said Nico Hartmann, head of the ZF Global Software Center. “This solution is certified to the highest standards of functional safety for passenger cars and commercial vehicles. Thus,…
Found in Robotics News & Content, with a score of 23.56
May 03, 2022
…SLAM at commercial scale,” said Nicholson. Investors ROBO Global Ventures and Presidio Ventures led SLAMcore's Series A round. Other investors included Amadeus Capital, Global Brain, IP Group, MMC, and Octopus. Strategic investors Samsung Ventures, Toyota Ventures, and Yamato Holdings also joined the round. “The robotics market is exploding,” said Lisa Chai, a partner at ROBO Global Ventures. “Vision-based spatial intelligence is a key enabler that will turbo-charge this industry.” Kuni Kawase, managing director of Presidio Ventures, added: “SLAMcore’s technology can be deployed to add value and reduce time to market for robots in a wide range of sectors. ... We…
Found in Robotics News & Content, with a score of 22.88
July 20, 2022
…offices in San Francisco, Atlanta, and Athens, Greece, include Toyota Ventures, Samsung NEXT, iRobot, and international venture capital firms. ElliQ and Bold offer connection The number of U.S. adults age 65 and older will more than double over the next 40 years, reaching 80 million in 2040, according to the Urban Institute. More than one in three people aged 65 and up falls each year, said the National Institute on Aging. The medical costs for falls total over $50 billion in 2015. “Despite scientifically proven prevention programs, falls and fall injuries have been an expensive and difficult burden for the…
Found in Robotics News & Content, with a score of 21.47
April 27, 2021
Woven Planet Holdings Inc., a subsidiary of Toyota Motor Corp., said yesterday that it has agreed to acquire Level 5, the self-driving division of ride-hailing company Lyft Inc. This marks the first major deal for the newly established Woven Planet and continuing consolidation in the autonomous vehicle space. Woven Planet Group launched in January 2021 as an expansion of the operations of Toyota Research Institute - Advanced Development Inc. (TRI-AD) with the motto of “Mobility to Love, Safety to Live.” It includes four companies in support of connected and autonomous vehicles, robotics, smart cities, and more. Woven Planet Holdings Inc.…
Found in Robotics News & Content, with a score of 20.08
September 05, 2023
…led Mujin's Series C round, along with Pegasus Tech Ventures in Silicon Valley, 7 Industries in the Netherlands, corporate investor Accenture, and angel investor Dr. James Kuffner. Kuffner was Diankov's advisor during his Ph.D. program at Carnegie Mellon University and is now CEO of Woven by Toyota. “This Series C funding is a significant milestone for Mujin, a company that has pioneered intelligent automation technology since 2011,” said Kuffner. “Mujin can accelerate and expand its delivery of truly state-of-the-art advanced industrial robotic solutions to customers globally, strengthening its position as the technology market leader.” SBI Investment stated: “We are very…
Found in Robotics News & Content, with a score of 18.88
January 11, 2024
…Investors and Translink Capital, along with existing investors S2G Ventures, Toyota Ventures, F-Prime Capital and Cibus Capital. As part of the round, Brian Rich, managing partner with Catalyst Investors, and Kaz Kikuchi from Translink Capital, will join the company’s Board. Burro is an autonomy company building the future of work outdoors. The company was founded in 2017 and began with a mobility platform designed to help customers meet rising wages and a shrinking workforce. Today, Burro has more than 300 robots working as harvest assist robots in nurseries and permanent crops, where they tow trailers autonomously, patrol depot yards, and…
