Found in Robotics News & Content, with a score of 4.51
June 09, 2022
…addition, the company has established a large-scale partnership with Amazon for remote health, safety, and security monitoring. New investors join backers Vayyar's Series E round includes first-time backers GLy Capital Management and Atreides Management LP. Existing investors included KDT, Battery Ventures, Bessemer Ventures, More VC, Regal Four, and Claltech. To support investor outreach in China, Vayyar engaged China International Capital Corporation Limited (CICC) as its lead financial adviser. “KDT is excited to help further Vayyar's vision to improve the health and safety of people's lives at a global scale,” said Brett Chugg, senior managing director of Koch Disruptive Technologies. “Their…
Found in Robotics News & Content, with a score of 4.49
October 31, 2018
…the embedded intelligence required to take advantage of machine learning and other developments. Related: Should Retail Stores Tackle “the Amazon effect”? Related White Papers Using Automation to Manage Growth in E-commerce Fulfillment Robotic-based automation solutions enable the flexibility to effectively manage both seasonal and sustained growth. Download Now!
Found in Robotics News & Content, with a score of 4.49
April 09, 2021
…After all, the cloud is a commodity. Companies like Amazon, Google, Microsoft, Oracle, SAP, and others make billions of dollars because they know how to package, deliver, and support that commodity at scale. So it will be with autonomous robots. Execution will drive AMR adoption If all the above factors have only heightened demand for AMRs in sectors like logistics, manufacturing, retail, consumer goods, and pharma, then we should expect a large number of robots to enter service in those sectors. However, I do not expect that robot uptake will be concomitant with demand until we have resolved the product/market…
Found in Robotics News & Content, with a score of 4.42
April 24, 2023
…expert human supervision,” he added. Groundlight emerges from stealth Amazon AI veteran Dirac and Microsoft Hardware alumnus Avi Geiger co-founded Groundlight in 2019. The company emerged from stealth with $10 million in new funding led by Madrona, with participation from Greycroft Partners, Founders Co-op, Flying Fish, AscendVC, and EssenceVC. Groundlight asserted that its “platform empowers any developer, even those without data science experience, to quickly build robust vision solutions.” Previously, developers would have to gather and label a dataset, train a model, and then figure out a machine learning operations (MLOps) system to maintain it. This process could easily take…
Found in Robotics News & Content, with a score of 4.38
January 13, 2023
…manufacturers and retailers. Only big companies like Walmart, Target, Amazon, GXO, DHL, or Kroger could automate. While we were talking about a labor crisis coming, it was hard work to sell robotics. The companies that leaned in early on are now scaling automation—they've made those investments. Now, everyone realizes it's happening, and there's no debate over whether to automate. It's now, “How do we do it? How can we make it happen with no skills within the organization?” SVT Robotics said its SOFTBOT integration platform and network of partners can help warehouses bring in robots. Click image to enlarge. Source:…
Found in Robotics News & Content, with a score of 4.34
May 17, 2023
…has innovation experience from startups and companies such as Amazon, HP, IBM, Microsoft, and Samsung. It claimed that its growing list of customers and investors represents a wide variety of industries across Canada, the U.S., and other countries. Last spring, the company announced the completion of its Series A funding round. In November, the company received a C$30 million ($22.2 million U.S.) Strategic Innovation Fund (SIF) contribution from the government of Canada, bringing its total funding to over C$100 million ($74.2 million U.S.). Sanctuary AI said it is actively raising its next funding round. To fulfill the ambitious mission of…
Found in Robotics News & Content, with a score of 4.32
October 24, 2019
…facilities in the region.” As logistics has changed and Amazon has raised consumer expectations for order processing time to the door, retailers have felt the pressure to maintain productivity and yet turn orders around within an hour or two of receipt, Cera explained. Vargo’s fulfillment solutions, including its leading-edge Warehouse Execution System (WES) software called COFE® (Continuous Order Fulfillment Engine), have enabled retailers to be successful in a very competitive market. Vargo offers complete fulfillment solutions for e-commerce, retail, wholesale and manufacturing clients. COFE®, its intelligent software, drives the fulfillment of many global retailers’ distribution centers across the country, including…
Found in Robotics News & Content, with a score of 4.28
October 12, 2023
…it has earned the trust of companies including Google, Amazon, Johnson & Johnson, Samsung, Hyundai, NASA, Sierra Space, and Blue Origin. It also works with partners including Formant, “There are few others in the industry of robotics with the capability of PickNik, especially capabilities as expansive as their abilities with dexterous manipulator control,” stated a robotics engineer at NASA Johnson Space Center. Investors see potential in solving complex problems Stellar Ventures and Cypress Growth Capital led PickNik Robotics' pre-seed round. The investment joins the company's existing $5 million in non-dilutive Small Business Innovation Research (SBIR) funding contracts with NASA's Johnson…
Found in Robotics News & Content, with a score of 4.27
February 24, 2023
…However, it didn't take long for companies such as Amazon and Tesla to realize that “lights-out” facilities are not necessarily as good as those with the right people. That’s why some design innovation experts are now saying that, in order for real progress to take place, businesses and societies must embrace strategies that allow robots and humans to collaborate to build a more sustainable workplace for the future. While human and AI-driven robots have been working together for a while now, today's AI capabilities weren't even on the radar in the earliest days of computing. The sweet spot of optimal…
Found in Robotics News & Content, with a score of 4.25
August 16, 2022
…jumped to nearly $30 trillion, led by Alibaba and Amazon. This shift in consumer behavior has accelerated the adoption of warehouse automation, as packaging systems are estimated to climb to $69 billion by 2025. At the center of this revolution are unmanned systems. Robots excel at dull, repetitive tasks like moving pallets. However, humans still exceed their mechanical counterparts in delicate creative tasks that require high levels of tactile dexterity. This paradox has led many roboticists to take a dramatically different approach to using mechatronics to streamline productivity. In place of traditional robots to augment labor, these innovators outfit workers…
Found in Robotics News & Content, with a score of 4.25
March 27, 2019
Amazon has received a lot of attention for its plans to use robotic drones to deliver packages, but there are other, potentially more economically feasible, uses for autonomous drones in the supply chain. Sabrewing Aircraft Co., for example, has developed a pair of cargo carrier drones designed for large payloads (up to 800 lbs.) that could be used to move goods in transportation hubs (like shipping yards or airports). The company recently received more than $2 million in funding from the Drone Fund, Idaten Ventures, and other investors to complete construction of a full-sized, pre-production prototype of its Rhaegal air…
Found in Robotics News & Content, with a score of 4.22
November 05, 2021
…the research alongside MIT CSAIL Ph.D. student Jie Xu and Agrawal. The research is funded by Toyota Research Institute, Amazon Research Award, and DARPA Machine Common Sense Program. It will be presented at the 2021 Conference on Robot Learning.
