Found in Robotics News & Content, with a score of 19.37
November 29, 2022
Locus Robotics Corp. today announced that it has obtained more than $117 million in Series F funding. The maker of autonomous mobile robots, or AMRs, for fulfillment and distribution centers has added investors to its board of directors as it continues its global expansion. “This new round of funding marks an important inflection point for Locus Robotics as we look toward our next stage of growth, and we strategically chose to bring in investors with a wealth of experience in both public and private markets to advise us as we continue our journey,” stated Rick Faulk, CEO of Locus Robotics.…
Found in Robotics News & Content, with a score of 26.12
November 21, 2022
…Sean Hsu, founder and CEO of Botrista, spoke with Robotics 24/7 about how his company approached restaurant robotics. Getting into robotic restaurants How did you come into food and beverage automation? Sean Hsu, Botrista Hsu: I've been a serial entrepreneur since 2009, and I sold my first company in 2011. I was then at Tesla from 2013 to 2018. As for food and beverage experience, I understand small and midsize businesses [SMBs], including the pain points of hiring, training, and retention. How has Botrista's growth gone? Hsu: We started the company four and a half years ago to develop automation…
Found in Robotics News & Content, with a score of 30.09
November 17, 2022
…with Sycodal, a Quebec-based automation integrator, to bring adaptive robotic technology to the Canadian market. Sycodal has over 30 years of experience in the distribution and manufacturing of control systems and specializes in new technology integration and production equipment servicing. With an in-depth knowledge of 80s, 90s and 2000 control systems, a dedicated repair shop, and expertise in new technology integration, Sycodal said it delivers high-quality products and services. As part of Flexiv’s continued expansion into North America, this latest partnership will enable Canadian companies to take full advantage of an adaptive robot’s efficiency, flexibility, customizability, and ease of use,…
Found in Robotics News & Content, with a score of 48.17
November 15, 2022
At its Silicon Valley November Summit 2022 today, Plug and Play presented the Corporate Innovation Award to Alfred Kärcher SE & Co. Plug and Play also celebrated the successful partnership between Kärcher and InOrbit Inc. that it helped arrange. Florian Schoebinger, the head of startup partnerships and investments at Kärcher Silicon Valley, and Felipe Garcia Lopez, the head of robotic systems and software engineering at Kärcher, received the award on stage. Kärcher said it is a leading provider of cleaning technology. The family-owned enterprise employs 14,400 people in 78 countries and has 150 subsidiaries. It has more than 50,000 service…
Found in Robotics News & Content, with a score of 33.67
November 08, 2022
Flexiv, which claimed to be “the world's leading general-purpose robotics company,” last week said it had partnered with integrator Infinity Robotics. The companies said they will help customers maximize production efficiency with Flexiv's range of adaptive robots. “The timing of our partnership with Infinity Robotics couldn’t be better; both companies are growing rapidly with year-on-year growth,” stated Daire Kullar, regional sales and business development manager at Flexiv. “When I first met the talented and passionate in-house employees, I knew this was a team we would gel well with.” Founded in 2016, Flexiv develops and manufactures collaborative robot systems integrating industrial-grade…
Found in Robotics News & Content, with a score of 16.20
November 01, 2022
New software, artificial intelligence, and robotics are making manufacturing smarter and more flexible. Bright Machines Inc. yesterday announced $132 million in debt and Series B equity funding. The San Francisco-based company said it plans to use the financing to continue expanding into high-demand industry verticals and to develop new software and services to complement its existing product portfolio. “We founded Bright Machines with a singular mission to enable our customers to transform the way they have historically approached product assembly,” said Lior Susan, co-founder and CEO of Bright Machines. “We are excited to partner with the industry in creating a…
Found in Robotics News & Content, with a score of 25.20
October 28, 2022
…changed patient expectations, but it has also affected surgical robotics development. Galen Robotics Inc. today announced that it has completed the first close for an “oversubscribed” $15 million Series A round. The company said it plans to use the funding to complete its final robot prototype and submit it to the U.S. Food and Drug Administration. Galen Robotics said its microsurgery platform will aid physicians during minimally invasive procedures with little disturbance to current surgical workflows. The company designed its collaborative surgical robot to aid in delicate or intricate procedures by providing surgeons relief from tremors and fatigue and increasing…
Found in Robotics News & Content, with a score of 20.95
October 22, 2022
…traditional automated pack out line and more like a robotic work cell in manufacturing. Not that packaging with robots is an entirely new frontier—they are often used to package goods coming off manufacturing lines. The difference today is that robots are edging further into e-commerce pack-out, where rather than dealing with one SKU, the robot needs the intelligence to handle thousands of SKUs that may come its way. What’s more, the leveraging of intelligent robotics for e-commerce packaging isn’t futuristic, it’s actually being done. Companies like MSC Industrial, apo.com and DCL Logistics are leveraging robots to place goods directly into…
Found in Robotics News & Content, with a score of 31.85
October 05, 2022
…Association will be hosting its annual 2022 AI and Robotics National Institute. The American Bar Association Section of Science & Technology Law will hold its 2022 AI and Robotics National Institute virtually, Oct. 10-11. The two-day institute, now in its fourth year, will equip those in the field of law, government officials, educators, and students with key technical concepts in artificial intelligence and robotics. Programming includes sessions on data protection, machine learning, the metaverse, AI best practices, intellectual property, AI and robotics ethical obligations, and legal and ethical issues around lab-grown brains. Participants can expect to understand the impact of…
Found in Robotics News & Content, with a score of 35.43
September 09, 2022
…week opened a new Center of Excellence for Advanced Robotics Research and Development in Fremont, Calif. Addverb's center of excellence will focus on automated guided vehicles (AGVs) and autonomous mobile robots (AMRs), artificial intelligence, human-machine collaboration, and biomedical robotics. The company serves the manufacturing, pharmaceuticals, consumer packaged goods, and healthcare industries. The Noida, India-based company also opened new U.S. headquarters in Irvine, Calif., as part of its ongoing expansion in the Americas. It previously had offices in Frisco, Texas. Addverb claimed that the R&D center will help it tap into Silicon Valley's talent pool and that its U.S. headquarters will…
Found in Robotics News & Content, with a score of 63.47
September 07, 2022
…opening of a new Center of Excellence for Advanced Robotics Research and Development in Fremont, Calif. The Silicon Valley center will focus on developing platforms for mobile robots, as well as advanced algorithms for human-machine collaboration and biomedical robotics. Overseeing the center's operation is Tapan Pattnayak, whom Addverb named director of system architecture in April 2022. Pattnayak brings product development experience from Google, NVIDIA, and Intel to build an R&D team in the Bay Area under the leadership of Mark Messina, CEO of Addverb Technologies USA Inc. “This is an exciting time for Addverb as we continue to grow our…
Found in Robotics News & Content, with a score of 26.85
August 29, 2022
…software firm FourKites. In February 2022, THL participated in robotic picking provider RightHand Robotics' Series C round. In April, the private equity (PE) firm oversaw the merger of MHS Global and Fortna to create an e-commerce and logistics services leader. THL expects automation to transform industries Mike Kaczmarek, managing director at THL, spoke with Robotics 24/7 about his outlook for robotics. “We invest in healthcare, financial, technology and services, and broader technology businesses,” he said. “We've spent close to a decade as one of the larger PE firms interested in automation. We've invested approximately $5.5 billion in the robotics sector…
