Found in Robotics News & Content, with a score of 35.98
…round Villaz-St-Pierre-based Nivalis Group led Bionomous' Series A round. Cybernetix Ventures and Capital Risque Fribourg also participated in the funding. “We are delighted that Bionomous has successfully completed the first stage of industrialization,” said Christophe Fragnière, president of Nivalis Group. “This important step and the dedication of the highly qualified Bionomous team has given us the confidence to strengthen our financial commitment. This recognition was also a positive sign to attract new investors.” Nivalis Group invests in startups that specialize in automation, robotics, additive manufacturing, and AI. The Swiss holding focuses on seed and Series A equity investments. It supports…
Found in Robotics News & Content, with a score of 31.41
…Wall led KEWAZO's Series A, with participation from from Cybernetix Ventures and Unorthodox Ventures, as well as construction software company Nemetschek. Existing investors True Ventures and MIG Capital AG also participated in the round. KEWAZO previously closed a $5 million in pre-Series A funding in September 2021. “Labor shortage and pressure on productivity continues to be the most acute challenges facing the construction industry today,” shared Miguel Nigorra, partner at Fifth Wall. “Artem, Ekaterina [Grib, co-founder and chief financial officer], and the entire team at KEWAZO are laser-focused on solving this head-on, bringing much needed automation and robotics to the…
Found in Robotics News & Content, with a score of 28.26
Cybernetix Ventures, a new independent venture capital firm investing in early-stage robotics, automation, artificial intelligence companies, yesterday announced the launch of its first global fund. Cybernetix Fund I will focus on pre-seed, seed, and Series A investments in startups developing systems for manufacturing, logistics, construction, and healthcare verticals. The Boston-based fund said it will also invest in robotics-enabling technologies in AI/machine learning, cloud robotics, cybersecurity, autonomy, and sensors and edge computing. “With the launch of Cybernetix, robotics startups will have access to a one-of-a-kind fund from the robotics community, led by robotics leaders, for robotics innovators,” stated Fady Saad, general…
Found in Robotics News & Content, with a score of 26.86
…recently announced a $3.5M Seed+ 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 of Cambrian Robotics. “Our primary goals are to enhance the scalability of the product and strengthen our sales and operations in our main target markets. In addition, we are bringing new AI-vision-based skills to robot…
Found in Robotics News & Content, with a score of 25.30
…of robotics unicorns,” said Fady Saad, general partner at Cybernetix Ventures, which co-organized the event at Artists for Humanity in Boston. Despite current economic headwinds, more than $100 billion has been invested globally in robotics in the past five years, noted Sanjay Aggarwal, venture partner at F-Prime Capital. He cited verticals such as agriculture, construction, and logistics. “Business models are still evolving, exit opportunities are still being proven, and more investors are needed,” he said. “Robotics Invest is an opportunity for us all to learn from leaders in the industry and jointly create the playbooks for success.” Identify opportunities As…
Found in Robotics News & Content, with a score of 17.68
…raised $14.4 million in funding, and its investors include Cybernetix Ventures. Realtime has also integrated its software with Siemens Process Simulate and worked with Kawasaki Robotics. BMW needs to scan multiple vehicle models Realtime Robotics said its technology can improve how robots are programmed. For example, BMW Group needed to improve the process around the 3D computer tomography (CT) scanning of automobiles, which is done to assure the quality of assorted joinings, it noted. The automaker's work cell was designed to use robots to X-ray vehicles and identify any defects, but it was a time-consuming process to complete for even…
Found in Robotics News & Content, with a score of 17.18
…Venture Partners Fady Saad, founder and general partner at Cybernetix Ventures Logistics and warehouse markets are hot, and agriculture and food are growing Jeremie Capron ROBO Global primarily invests in robotics, AI, and healthcare technology companies around the world. It came out with its robotics exchange-traded fund (ETF) in 2013. Today, there's around $3 billion in its index portfolios. Plus One Robotics and Outrider are a few of the robotics companies ROBO Global has invested in. Last month, financial services company VettaFi acquired ROBO Global, bringing the total value of its indexes to more than $17 billion. Capron noted that…
Found in Robotics News & Content, with a score of 15.99
…the wider mobile robotics market. Fady Saad, general partner, Cybernetix Ventures Ash Sharma, managing director, Interact Analysis Oliver Mitchell, partner, ff Venture Capital Did this come as a surprise to you? If not, why not? Saad: In a sense, yes, but M&A in the space is not surprising at all, and we should actually expect more of that in the coming 12 to 18 months. Sharma: Partly. What’s not surprising is that a mobile robot company has been acquired. I was asked about the vendor base a lot at ProMat, and I’ve been saying that acquisitions will come mostly from…
Found in Robotics News & Content, with a score of 13.21
…speakers at this week's Robotics Invest event in Boston. Cybernetix Ventures and F-Prime Capital hosted the conference, which drew more than 300 attendees. Mountz and Wurman outlined Kiva's origins, its relationship with the Seattle-based e-commerce leader, and lessons for today's robotics startups and investors. The origin Mountz came up with the idea for Kiva Systems while working at Webvan, an online grocery business that ceased operations in 2001. While working there as the director of business process in logistics, he took note of how inefficient their fulfillment process was. “After I had been there for six months, I looked through…
Found in Robotics News & Content, with a score of 12.29
…unified approach.” An industry need for more capital During the discussion, Saad also spoke about his new venture fund, Cybernetix Ventures, which he said will help support early-stage robotics startups throughout the globe. He said the fund addresses a gap in the investment community. And it's not a challenge unique to Boston or Silicon Valley. “I thought this was unique to Pittsburgh, but it’s really a shared problem in the robotics industry,” Reed said. “It’s a capital-intensive business.” Editor's note: More coverage to come from Cascadia Connect.
Found in Robotics News & Content, with a score of 9.71
…Wall—the world's largest ConTech/PropTech [construction and property technology] fund Cybernetix Ventures—Boston-based firm focused on robotics, automation, and AI startups Unorthodox Ventures—the investment firm by contrarian entrepreneur and Big Ass Fans founder Carey Smith Nemetschek—a Munich-headquartered construction industry software concern. Nemetschek Group includes companies such as Allplan, Bluebeam (PDF software for construction instead of Adobe), Graphisoft (developer and distributor of ArchiCAD), Scia, Vectorworks, and others. Robots plus data equals better site management What feedback have you gotten so far on LIFTBOT and ONSITE? Have you adjusted the technologies? Kuchukov: Bringing multiple units to the market and selling several units to the…