Found in Robotics News & Content, with a score of 16.68
July 15, 2021
…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, device-agnostic sources, such as commercially available dashboard-mounted cameras, said Woven Planet. TRI-AD was founded in 2019, and Woven Planet Holdings, Woven Core, Woven Alpha, and Woven Capital comprise Woven Planet Group. The Toyota companies design, build, and deliver mobility systems to realize the vision of “Mobility to…
Found in Robotics News & Content, with a score of 16.51
June 24, 2023
…the financial activity in a specific sector, such as robotics. Earlier this month, Indxx announced the licensing of its Indxx US ETF Industry Top 10 Index to South Korea-based Samsung Asset Management. The index will serve as the underlying benchmark for the KODEX US ETF Industry Top10 Indxx ETF, said Indxx. “In recent years, ETFs have been the fastest-growing investment vehicle, and we expect this trend to continue as more investors seek ETFs for their simplicity, cost-effectiveness, and transparency,” said Rahul Sen Sharma, managing partner at Indxx, in a release. “In light of this trend, we are extremely pleased to…
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 15.68
June 28, 2021
…founded in 2014 and has offices in Beijing, Shanghai, Silicon Valley, and San Diego. Its smart EVs are manufactured in Zhaoqing and Zhengzhou, China. Xpeng said it delivered 5,686 vehicles in May 2021, a 481% year-over-year increase. Xpeng develops autonomous, driver-assist features In March, Xpeng claimed to have completed 3,000 km (1,864 mi.) in autonomous driving on Chinese highways with 0.71 human driver interventions per 100 km (62.1 mi.) using its XPILOT system. In comparison, Waymo LLC reported a rate of 0.033 disengagements per 1,000 mi. (1,609 km) in 2019. Earlier this month, Xpeng released Xmart OS 2.6.0 through an…
Found in Robotics News & Content, with a score of 15.03
June 07, 2023
Robotics startups, investors, integrators, and end users are grappling with vendor consolidation, heightened demand and public expectations, and a tightening of available funding. How can they navigate such challenges? Harpinder (Harpi) Singh is a partner at Innovation Endeavors and an entrepreneur with nearly two decades of experience building products for emerging industries at the intersection of mobile, data, and deep tech. Prior to becoming a partner at Innovation Endeavors, Singh was co-founder and CEO of Slice Technologies, a data and analytics company that provides e-commerce market insights to the world's largest consumer brands and was acquired by Rakuten. He also…
Found in Robotics News & Content, with a score of 10.80
February 15, 2021
…be Mountain View, CA, in the heart of the Silicon Valley. This was his introduction to 3D printing. “That’s when I realized there’s an opportunity to do something meaningful here,” he recalls. “How could I use this technology to make things that are useful in a refugee camp for example?” That became the central tenet of Field Ready. The organization’s emphasis is in local manufacturing—using locally available talent and raw materials for humanitarian needs. Over the years, as he and his team race across Nepal, Syria, Iraq and more to save and rebuild lives, 3D printing became an integral part…
