Tag: Robotics
Programming robots to put jackets on people is harder than it looks
If there’s one thing we’ve learned from some of our favorite YouTube shitty robots, it’s that human-robot interaction can be a tricky business. Developing methods to get rigid robotic arms to perform delicate tasks around soft human bodies is easier said than done. This week, a team at MIT’s CSAIL…
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5 fundraising imperatives for robotics startups
Lidiya Dervisheva Contributor As a partner at Next47, Lidiya Dervisheva works in the areas of robotics, AI and machine vision, as well as broader industrial and enterprise verticals. Fady Saad Contributor Fady Saad is the co-founder and strategic partnerships vice president of MassRobotics, the first and largest robotics/AI startup escalator…
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Fetch Robotics’ CEO on the company’s acquisition and the future of warehouse robots
Yesterday, enterprise computing corporation Zebra Technologies announced its plan to acquire Fetch Robotics. The San Jose-based startup has been a mainstay in warehouse and fulfillment robotics for a number of years, offering a modular system designed to automate companies behind the scenes. The full deal is valued at $305 million,…
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Surgical robotics company CMR raises $600M
UK-based robotics company CMR Surgical this morning announced a $600 million Series D. This latest round, led by Softbank’s Vision Fund 2 and co-led by Ally Bridge Group, joins an existing $384.8 million already raised by the Cambridge firm. It values the company at $3 billion. CMR’s flagship product is…
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Chinese robotaxi unicorn WeRide bags over $600M in 5 months
It’s hard to keep up with the fundraising spree in China’s autonomous driving industry these days. Guangzhou- and California-based robotaxi company WeRide, which counts Renault-Nissan-Mitsubishi Alliance as one of its strategic investors, has raised over $600 million in just under five months from its Series B and C financing rounds.…
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Hyundai completes deal for controlling interest in Boston Dynamics
Hyundai this morning announced that it has completed its acquisition of Boston Dynamics. The deal, which values the innovative robotics company at $1.1 billion, was announced in late-2020. The companies have not disclosed any future financial details. The South Korean automotive giant now owns a controlling interest in Boston Dynamics,…
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