Found in Robotics News & Content, with a score of 25.06
February 15, 2023
…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 13.64
January 24, 2023
…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…
Found in Robotics News & Content, with a score of 44.26
January 24, 2023
…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 50.86
January 20, 2023
…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 17.31
May 04, 2022
…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 38.37
May 04, 2022
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…
