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…fundraising round led by Cybernetix Ventures and KST Invest GmbH, with participation from Yamaha Motor Ventures and Digital Media Professionals (DMP). Cambrian said this investment will propel its AI platform, enabling industrial robot arms to perform vision-based tasks across a variety of industries. “We are incredibly excited about the possibilities that our recent fundraising opens up,” said Miika Satori, CEO…
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ff Venture Capital this week announced the opening of its first Upstate New York office within The Tech Garden in downtown Syracuse, the location’s first in-residence investor. The Tech Garden is home to GENIUS NY, which claimed to be “the world’s largest business accelerator for uncrewed aerial systems” or UASes. “This partnership offers ffVC a unique opportunity to be actively…
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…a helpful friend As a venture capitalist, I have seen a growing number of pitch decks for conversational artificial intelligence in place of organic companions. One of the best illustrations of how AI-enabled chatbots are entering human relationships was from The New York Times reporter Erin Griffin, who spent five days testing the AI buddy Pi. Near the end of…
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…their couches. About the author Oliver Mitchell is a partner at ff Venture Capital. His areas of focus are drones, robotics, and applied AI. Mitchell is also an adjunct professor at Yeshiva University. This column is reposted with permission.
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…CEO of Suffolk Technologies, the venture capital platform of Suffolk Construction and organizer of the fourth-annual BOOST accelerator program. “For the first time in the history of construction, the cost is greater than the value.” Fish noted that the industry, like many others, has a worker shortage, despite inflationary and recessionary pressures. He added that the Empire State Building was…
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…They just don’t know it.” ff Venture Capital's Oliver Mitchell (left) discussed AI and robotics at Automate 2023. Source: Oliver Mitchell “In fact, just recently, my department has joined forces with neuroscience,” he added. “We’re no longer a Philosophy Department. We’re now the Philosophy of Neuroscience, and now the Department of Law, Neuroscience, and Philosophy.” “Because these students are interested…
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…and the constrained availability of venture capital. Last week's acquisition of 6 River Systems LLC came as a reminder for robotics startups, established suppliers, and their customers that the market is still evolving. E-commerce provider Shopify Inc. laid off as much as 85% of 6 River Systems' staff prior to selling it to Ocado Group PLC, partly in response to…
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…the good fortune to host ff Venture Capital’s 64th Idea Dinner on the challenges and opportunities facing the automation industry. Part of my firm's mission is to partner with corporates to bolster our portfolio’s reach and contribute to the broader innovation ecosystem. In this spirit, I brought together 15 leaders from manufacturing, real estate, construction, defense, and the wider mechatronics…
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…in group activities, but she ventures into the hall when she hears Paro’s sounds. “I love animals,” explains Ms. Simmeth. She whispered to the robot in her lap: “I know you’re not real, but somehow, I don’t know, I love you.” Tombot designed to help people with dementia Last month, I interviewed Tom Stevens, the inventor of Tombot, the most…
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…Manhattan-launched industry. About the author Oliver Mitchell is a partner at ff Venture Capital. His areas of focus are drones, robotics, and applied AI. Mitchell is also an adjunct professor at Yeshiva University. This column is reposted with permission.
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…stock market’s decline. Since joining ff Venture Capital’s partnership this summer, I’ve been awestruck by the level of optimism that permeates the organization. While others are now constricting their activities, ffVC is plowing ahead by closing its seventh fund and launching an eighth one for Ukrainian startups. Kicking off ffVC's second annual Drones & Robotics Summit last month in New…
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…use funding to build out ff Venture Capital and Alley Robotics Ventures led Civ Robotics' seed round, with participation from Trimble Ventures. “This round is an example of our proactive model of enabling founders to drive revenues and increase customer lifetime value,” said Oliver Mitchell, partner of ff Venture Capital. “CivDot is filling a huge labor void that has only…
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…workflows is the impetus for ff Venture Capital’s Drone & Robotics Summit on Sept. 20, 2022, in New York City. Companies in the ffVC portfolio are already revolutionizing farming, logistics, infrastructure, and food deliveries. As governments and startups work to collaborate in redefining the human-machine relationship in factories, warehouses, offices, and homes, the summit aims to bridge the gaps between…
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…maturing industry and that some venture capital firms (VCs) should be more patient and do their due diligence. “I do think VCs are starting to push for quicker turns on their investments, and that is something many of these firms can’t do, he told Robotics 24/7. “However, I blame the VCs for not doing their homework before putting their money…
From geometry preparation to AI-assisted analysis, integrated CFD workflows…
Software-based GripperAI manages mixed picking through basic geometry
Safety, communication and motion control components enable smooth operation
North America’s largest robotics and automation event winds down
