Found in Robotics News & Content, with a score of 13.96
July 01, 2021
…Entered Japan through a first-of-its-kind strategic operational partnership with Toyota Group Announced a partnership with Walmart to bring on-demand delivery of health and wellness products to the U.S. Partnered with Pfizer to design and test delivery systems to safely, efficiently, and equitably distribute COVID-19 vaccines in countries where Zipline operates Surpassed 10 million autonomous miles flown and 2 million vaccine doses distributed Funding to bring Zipline valuation to $2.75B “When we launched in Rwanda in 2016, we set out to serve 21 hospitals in the first year. It was hard— integrating systems, fine-tuning hardware, on-boarding new facilities, pioneering new systems…
Found in Robotics News & Content, with a score of 66.56
June 04, 2021
Toyota Motor Corp.'s first standalone, early-stage venture capital firm, Toyota AI Ventures, yesterday said it will change its name to Toyota Ventures and grow its total assets under management to more than $500 million. The addition of two $150 million early-stage funds—the Toyota Ventures Frontier Fund and the Toyota Ventures Climate Fund—reflect its commitment to partnering with entrepreneurs and innovators, as well as its support of environmental sustainability, said the company. “Startups are tackling the world's challenges, and at Toyota Ventures we want to open even more paths to investing in them,” stated Jim Adler, founding managing director of Toyota…
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 34.27
May 19, 2021
Third Wave Automation Inc. and Toyota Industries Corp. today announced a strategic partnership to produce the next generation of intelligent, fully autonomous material handling vehicles. The global materials handling equipment market will expand from $211.8 billion (U.S.) in 2019 to $320.9 billion by 2027, at a compound annual growth rate of 5.4%, predicted Fortune Business Insights. It cited the rapid growth of e-commerce, with consumer spending at nearly $3.5 trillion in 2019 and a year-over-year growth rate of 17.9%. Businesses are turning to automation to meet this demand while keeping production and logistics costs down. “Our strategic development efforts with…
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 5.36
November 16, 2020
…the University of Chicago and looking into a startup venture. He learned about the need for and embarrassment around incontinence products from two family members. “One was reluctant to buy products at the grocery store and another was always running out of supplies,” he recalls. “It seemed that for reasons of convenience and privacy that home delivery of incontinence supplies made a lot of sense.” From that spark, the Internet-based business was launched. Almost immediately, the business began to evolve from selling the same quality product you might find in the grocery aisle to a higher quality product with better…
Found in Robotics News & Content, with a score of 5.37
September 11, 2020
…the University of Chicago and looking into a startup venture. He learned about the need for and embarrassment around incontinence products from two family members. “One was reluctant to buy products at the grocery store and another was always running out of supplies,” he recalls. “It seemed that for reasons of convenience and privacy that home delivery of incontinence supplies made a lot of sense.” From that spark, the Internet-based business was launched. Almost immediately, the business began to evolve from selling the same quality product you might find in the grocery aisle to a higher quality product with better…
