…Innovation award. Investors in Intuition Robotics include Toyota Ventures, Samsung NEXT, iRobot, OurCrowd, and Terra Ventures, as well as venture capital firms in California, Israel, Japan, and Asia. New hardware, same price for ElliQ Intuition Robotics said its latest hardware improves on the pilot version. It includes user-interface enhancements such as simpler tablet charging, an upgraded screen, and higher-quality, far-field microphone performance. The new design does not affect ElliQ's price, Skuler told Robotics 24/7. “We wanted to continue providing new,…
…JS Capital, Schusterman Family Investments, and Catapult Ventures led Pickle Robot's Series A round. The company has raised a total of nearly $32 million to date. Previous investors that participated in this funding round included Toyota AI Ventures, Third Kind Venture Capital, Hyperplane Ventures, BoxGroup, and Version One Ventures. Omar Asali, chairman and CEO of Ranpak, has joined Pickle’s board of directors as part of the investment deal. “Unloading freight from trucks and containers is a difficult, sometimes dangerous, and…
…then a senior research scientist at the Toyota Research Institute. Drumwright has been granted three patents and has co-authored over 40 research articles on robotics with experts from institutions including MIT, Cornell University, and the University of Michigan. Backed by multiple venture capital firms, Dextrous Robotics received a competitive grant from the National Science Foundation in 2021. Dextrous Robotics designs for precision The job of loading and unloading trucks is one of the most challenging to fill in the logistics…
…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 on…
…San Francisco, Atlanta, and Athens, Greece, include Toyota Ventures, Samsung NEXT, iRobot, and international venture capital firms. ElliQ and Bold offer connection The number of U.S. adults age 65 and older will more than double over the next 40 years, reaching 80 million in 2040, according to the Urban Institute. More than one in three people aged 65 and up falls each year, said the National Institute on Aging. The medical costs for falls total over $50 billion in 2015.…
…plans to continue deployment programs using the Toyota Sienna Autono-MaaS platform, named for autonomous mobility as a service. May Mobility also plans to begin development of the Toyota e-Palette vehicle. “With the close of this latest investment round, May Mobility will continue to accelerate growth in our technology, business development, and platforms, all with a global reach,” said Edwin Olson, CEO of May Mobility. “Our additional investors, as well as our continued strategic collaboration with Toyota and others, will enable…
…In February 2022, Mobility Forus began operating Toyota Poaces vehicles north of the Arctic Circle using Holo's data and supervision platform and Sensible 4's software. In addition, Sensible 4 supported a successful self-driving shuttle bus pilot in Tampere, Finland. EIB invests in sustainable transport The European Investment Bank's loan is part of the European Guarantee Fund’s venture debt product to provide liquidity to small and medium-sized companies affected by the COVID-19 pandemic. “The automotive industry, including autonomous driving, is going…
…early-stage investments in robotics made by VCs [venture capital firms] have generally generated poor returns over time. However, as robotics and AI technology has developed and new application areas have emerged, we are seeing profitability, success, and more ETFs based on the theme. In the U.S., there are well over half-a-dozen ETFs focused on robotics and/or AI. The largest ETF in the U.S. is BOTZ, which tracks our Indxx Global Robotics & Artificial Intelligence Thematic Index and has AUM [assets…
…of the open-source Robot Operating System. Daimler Truck has joined previously announced strategic investors, including Toyota Ventures, Volvo Group Venture Capital, Jaguar Land Rover’s InMotion Ventures, Airbus Ventures, Continental AG, ZF, AGCO, and HELLA Ventures. Robotics 24/7 has tracked more than $2.6 billion in autonomous vehicle transactions to date in 2022. The global market for self-driving trucks alone could surpass $2.5 billion by 2028, according to Global Market Insights Inc.
…commercial scale,” said Nicholson. Investors ROBO Global Ventures and Presidio Ventures led SLAMcore's Series A round. Other investors included Amadeus Capital, Global Brain, IP Group, MMC, and Octopus. Strategic investors Samsung Ventures, Toyota Ventures, and Yamato Holdings also joined the round. “The robotics market is exploding,” said Lisa Chai, a partner at ROBO Global Ventures. “Vision-based spatial intelligence is a key enabler that will turbo-charge this industry.” Kuni Kawase, managing director of Presidio Ventures, added: “SLAMcore’s technology can be deployed…
Toyota Ventures yesterday launched its third global “call for innovation” to search for early-stage companies that can help make the “factory of the future” a reality sooner. Qualified entrepreneurs can apply for an opportunity to receive between $500,000 and $2 million in funding from Toyota Ventures. “We take a founder-first approach to investing, partnering with entrepreneurs to help them bring disruptive technologies and business models to market more quickly,” said Jim Adler, founding managing director of Toyota Ventures. “With the…
…offices in San Francisco and Athens, include Toyota AI Ventures, Samsung NEXT, and iRobot. ElliQ actively engages with users Intuition Robotics has spent more than five years developing and beta-testing ElliQ with older adults. Combining psychology, behavioral sciences, and advanced cognitive AI capabilities, ElliQ is designed to connect older adults to their families, caregivers, and the outside world. Through acknowledgement, proactive engagement, and referencing previous conversations, ElliQ is more of a presence that accompanies seniors, as opposed to just another…
