Tag: Robotics
Locus Robotics just raised another $50M
Seems Locus Robotics is striking while the iron is hot. Seven months after raising a sizable $150 million Series E, Tiger Global is investing another $50 million in the Massachusetts firm. The last round made Locus a unicorn, and this one brings the company’s total funding to around $300 million.…
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The newest Roomba gets smarter as it vacuums
The Roomba is easily among the most ubiquitous robots in the world — but it has never been one of the smartest. On the whole, that’s not a major issue. The top-selling vacuum is good at what it does: cleaning floors. But a roboticist’s work is never done; iRobot has…
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Coral Capital closes third fund with $128M for startups in Japan
Coral Capital, a Tokyo-based venture capital firm, announced today that it has closed its third fund, Coral Capital III, raising $128 million (14 billion yen). Coral Capital’s total assets under management (AUM) is now $275 million. Limited partners in the vehicle include Mizuho Bank, Mitsubishi Estate, Shinsei Bank, Pavilion Capital,…
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Rugged showcases its layout-printing construction robots
Few robotics categories are poised to benefit more from the events of the past year than construction. It’s a booming field that could benefit massively from automaton, a fact that’s only been amplified as the pandemic brought many nonessential businesses to a standstill. We’ve seen a number of players in…
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I don’t know what to do with those tossed salads and robot legs
One of the most fascinating aspects of Boston Dynamics’ transition into a commercial organization is watching the company — and its partners — figure out real-world jobs for Spot. There’s no question that the tech is impressive, but there’s always been the broader subject of usefulness beyond the company’s initial…
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Salad chain Sweetgreen buys kitchen robotics startup Spyce
Like so many other aspects of the robotics world, the pandemic has dramatically accelerated interest in the automated kitchen. After all, the food and restaurant industry was deemed essential amid global shutdowns, but finding kitchen staff proved a problem for many, especially early on when questions remained around COVID’s transmission.…
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