…added. Fox Robotics gets funding from Zebra, BMW BMW i Ventures led Fox Robotics' funding round. New investors included Zebra Technologies, Japan Airlines & Translink Innovation Fund, and Foothill Ventures. Existing investors Menlo Ventures, ENIAC Ventures, and SignalFire also participated. “Supply chain efficiency and resiliency are top of mind for many companies today,” said Kasper Sage, Managing Partner at BMW i Ventures. “Fox Robotics’ autonomous forklifts allow customers to handle loads quicker and safer while increasing overall workplace productivity.” BMW…
…research institutes. Like other organizations — including BMW, Amazon, and Siemens — Fraunhofer IML relies on NVIDIA Omniverse for advanced applied research, said NVIDIA Corp. Fraunhofer IML moves from MP3s to AMRs The Fraunhofer Society has more than 30,000 employees and is involved in hundreds of research projects. In the 1990s, for instance, Fraunhofer was responsible for the development of the MP3 file format, which it said led to the digital music revolution. Seeking to send AGVs along the same…
…is backed by major automotive companies, including BMW, Toyota Ventures, and Bosch. To date, it has raised $74 million. RK Anand started Recogni back in 2017 and ran it as CEO up until October of last year when he stepped down to become chief product officer. Anand said he planned to help the company focus on taking its technology to market. Recogni’s new CEO, Marc Bolitho, just started last month and previously worked at ZF Group, another technology company working…
…Today, the company is working with DHL, BMW, Ikea, and close to 100 other customers worldwide. It claims to have the most units active in the field. Source: German Bionic AI promises to automate more workflows From connected humans to connected cars, AI offers the most significant game-changing opportunity of harnessing physical assets on the ground. The topic of automating analog workflows is the impetus for ff Venture Capital’s Drone & Robotics Summit on Sept. 20, 2022, in New York…
…in robotics. Large automakers such as Ford, BMW, Honda, and General Motors have been investing heavily in the development of robotics technology, along with tech companies such as Google, NVIDIA, and Intel. New-age AV startups such as Zoox, AutoX, and Optimus Ride have attracted huge investments. In addition, as AV companies grow to meet the challenge of human-robot collaboration at the level required to bring self-driving vehicles to market, the horizon for leveraging these solutions for other robotics applications could…
…new agreement devised by Qualcomm Technologies, Inc., BMW Group, and Arriver Software to develop a scalable autonomous driving platform. The cooperation combines BMW’s autonomous driving (AD) technology, Arriver’s Vision Perception and New Car Assessment Program (NCAP) policy products, and Qualcomm’s chips, the companies said. A common goal They will focus on SAE Level 2 advanced driver-assistance systems (ADAS), SAE Level 3 automated driving functionalities, and NCAP solutions. The companies will build on top of BMW’s automated driving technology stack, which…
…Yaskawa use Wandelbots' software at customers like BMW, Bayer, VW, Fraunhofer, Schaeffler, Rotop, and Vitesco. The company has also partnered with operational technology (OT) systems integrators in Europe such as Gibas, Alumotion, Heidenbluth, and Sojka. Wandelbots plans to use its latest financing to open its Robotics Software Platform to automation providers and the third-party developer community. The opening will enable developers to build their own robotics applications on top of a manufacturer-agnostic control plane, the company said. Insight Parters leads…
…of the “factory of the future” at BMW, which realized 30% in savings from simulating and managing its production environment as it makes 2 million cars per year. In another example, a telecommunications provider used Omniverse Enterprise to model 5G coverage, Kerris said. NVIDIA's Project Tokkio is a platform for trainable avatars, and its Drive Concierge is an in-car virtual assistant. The company also announced NVIDIA Omniverse Studio for 3D design and Audio2Face, particularly for video games. Kerris described USD…
…for automakers such as Ford, Nissan, and BMW. Scape Technologies recently launched the SCAPE Easy-Picker and SCAPE Mini-Picker, which it claimed are easy for small and midsize enterprises (SMEs) to install. It also released the SCAPE Package Picker for distribution and logistics applications. In addition, Scape Technologies said that its systems include integrated components and software modules that can be connected directly to leading six-axis robot arms and collaborative robots from companies such as Universal Robots, ABB, FANUC, Kawasaki, and…
…already in use at companies such as BMW, Ikea, and France-based DPD, which employs 48,000 people and handles close to 2 billion parcels annually, said German Bionic. 10 questions with German Bionic The company said its latest exoskeleton will available for demonstration at CES in Las Vegas on Jan. 5 to 8, 2022. Schmidt replied to the following questions from Robotics 24/7 about the fifth-generation Cray X's capabilities: If this is the fifth generation of your wearable device, how often…
…Kodiak's Series B round. Bridgestone Americas and BMW i Ventures previously invested in the company. Cowen served as exclusive placement agent to Kodiak Robotics. Kodiak Robotics said it will use the Series B funds over the next 12 months to double employee headcount by adding at least 85 people to its team. The company will also expand autonomous service capabilities from coast to coast and add a minimum of 15 new trucks to its fleet for a total of at…
…does not require supervised deep learning. Source: BMW i Ventures Funding and partners Temasek, a Singapore-based global investment company, led Autobrains' Series C round. New investors included automotive player Knorr-Bremse AG and Vietnamese car manufacturer Vinfast. Existing investor BMW i Ventures and long-term strategic partner Continental AG also participated. “Autobrains has tested its technology with hundreds of engineers and millions of miles in lots of geographies,” Raichelgauz said. “One surprise was that after just a few weeks, our partners could…
