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…newly closed funding from the Amazon Industrial Innovation Fund, Safar Partners, and Yamaha Motor Ventures for a total of $14 million. The full investment round including earlier closings totals $29 million. This funding will accelerate Veo’s strategy of working with selected corporate partners to deploy a new class of efficient and collaborative, human-in-the-loop robotic solutions enabled by Veo’s proprietary safety…
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…$66 million to date. The Amazon Industrial Innovation Fund, Safar Partners, and Yamaha Motor Ventures Inc. participated in Veo Robotics' latest round. They expressed confidence in the company's approach to advancing automation. “As investors, we were drawn to Veo Robotics' focus on safety in the workplace,” said Matt Peterson, director at Amazon’s Industrial Innovation Fund. “Their technology is both collaborative…
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…added. Groundlight emerges from stealth Amazon AI veteran Dirac and Microsoft Hardware alumnus Avi Geiger co-founded Groundlight in 2019. The company emerged from stealth with $10 million in new funding led by Madrona, with participation from Greycroft Partners, Founders Co-op, Flying Fish, AscendVC, and EssenceVC. Groundlight asserted that its “platform empowers any developer, even those without data science experience, to…
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…or STEM. One initiative is Amazon.com Inc.'s Mechatronics and Robotics Apprenticeship program, which offers paid training to prepare its employees for electromechanical technician roles. Despite fears that robots and artificial intelligence will eliminate jobs, U.S. unemployment has remained low over the past several years as automation has increased, and researchers have found that it could increase employment opportunities. While 85…
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…Hut. In the case of Amazon and Kohl's, it's not on the sales side but the returns side. Why would Kohl's allow Amazon users to return items to its stores? Returns helped its foot traffic for buying. How have this evolution and micro-fulfillment affected warehouse processes? Kohli: Robotics and automation can make half their problems go away. As human beings,…
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…in commercial real estate and Amazon taking a pause from building out its network, the market for warehouse, distribution, and manufacturing space remains strong. All those buildings are going to need lift trucks, racking, conveyors, sortation systems, and robots. ProMat 2023 reports record growth That brings us to ProMat 2023. Like last year’s MODEX in Atlanta and lift truck sales,…
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…in commercial real estate and Amazon taking a pause from building out its network, the market for warehouse, distribution and manufacturing space remains strong. All those buildings are going to need lift trucks, rack, conveyor, sortation systems and robots. That brings us to ProMat 2023. Like last year’s Modex in Atlanta and lift truck sales, this year’s show set records…
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…global companies including Ahold Delhaize, Amazon, Cargill, Carrier, Fuji, Garmin, General Mills, HomeGoods, Johnson & Johnson, the Mayo Clinic, and Starbucks. In addition, Aaron Prather, director of the Robotics & Autonomous Systems Program at ASTM International, delivered the keynote address on optimizing warehouse operations with robots and AI. He was previously former senior advisor for technology research and planning at…
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…former COO and president of Amazon Robotics. “I am very excited to join the team,” said Villeneuve. “RGo’s technology creates disruptive change in the industry. It reduces cost and adds capabilities to mobile robots in logistics and enables completely new applications in emerging markets including last-mile delivery and service robotics.” LogiMAT 2023 & Robotics Summit & Expo RGo will exhibit…
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…product, and market. Does the “Amazon effect” still apply? Amazon helped create the mobile robot category with its purchase of Kiva Systems in 2012, and its picking challenges advanced the state of the art for that task. Nieves: In addition to supporting their own operations, Amazon's advances serve to describe to the broader industry the art of the possible. For…
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…you're not competing directly with Amazon, we see pressure for speed to market and differentiation. We continue to see interest in some sectors, such as groceries. We have a couple of big retailers that are looking at G2P and AutoStore because trying to find land for new facilities is a long process. One electronics provider in the Columbus, Ohio, area…
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…Systems, which was acquired by Amazon in 2012 and rebranded as Amazon Robotics. Founded in 2014, Verity said its drone inventory systems are trustoworthy in “environments where failure is not an option.” Warehouse operators can use the technology to gather valuable insights that enable greater operational efficiencies, said the Zurich-based company. Verity already serves warehouses Supply chain automation has become…
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…have scaled logistics operations at Amazon. Nimble added that the team building its technological advancements include engineers from NASA, SpaceX, Tesla, Boston Dynamics, GoogleX as well as Stanford, Carnegie Mellon and MIT. Nimble explained that its robotic fulfillment systems will autonomously pick, pack and ship ecommerce orders while reducing warehouse size by up to 75%. Nimble’s network of robotic warehouses…
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…of Isaac Sim users include: Amazon Robotics uses NVIDIA Omniverse Enterprise and Isaac Sim to simulate warehouse design, train robots with synthetic data generation (via Isaac Replicator), and gain operational efficiencies before physically implementing them in warehouses. This helps the e-commerce giant fulfill thousands of orders in a cost- and time-efficient manner [see video below]. Telexistence has deployed beverage restocking…
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…from companies such as Tesla, Amazon, Zoox, BAE Systems, and Topcon. Teleo is backed by UP.Partners, Trucks Venture Capital, F-Prime Capital, K9 Ventures, and YCombinator, among others. Later this year, the startup plans to launch semi-autonomous operations in addition to its remote operations offering. Contruction partners plan for more deployments Tomahawk Construction Fort Myers, Fla.-based Tomahawk Construction has partnered with…
GENISOM AI makes ICRA debut at conference in Vienna
World's first omni-modal evaluation including tactile sensing for…
Ultrasonic sensing enhances robotics perception
Cybernetix Ventures’ event kicks off Robotics Tech Week 2026 slate of events