Found in MMH News, Blogs & Content, with a score of 2.48
…million of Series B funding. McRock Capital and TransLink Ventures co-led the round, with participation from BMWi Ventures, Kensington Capital Partners, and Ironspring Ventures alongside existing investors. Whitney Rockley of McRock Capital and Toshi Otani of TransLink will join the company’s Board of Directors. The funding will support Plus One’s ongoing expansion in the US and Europe, as well as continued product development to meet rapidly rising customer demand driven by the global boom in e-commerce. Plus One’s 3D and AI-powered perception software, PickOne, works with any robot arm, gripper, and cloud service to deliver precise hand-eye coordination enabling robots…
Found in Robotics News & Content, with a score of 1.33
…he said. “We need to know what's happening, and I'm a big fan of the logistics work being done there.” Tapping the VC network Raising money during the COVID-19 pandemic can be challenging for robotics startups, with meetings curtailed and many companies chasing e-commerce order fulfillment. Fortunately, Plus One could rely on its experience and network of contacts. “Plus One has been around for a while—since 2016, with a seed round in 2017,” recalled Nieves. “We've had benefit of investors watching us for some time. You can only get so far on the hype of the team and the expected…
Found in Robotics News & Content, with a score of 0.63
…big in-person tech shows before the COVID-19 shutdowns began), BMW Group tickled the automotive enthusiasts’ fancy with a demo of the BMW i Interaction EASE, a concept car for the future. Part of the “wow” factor was its use of the panoramic windshield as an augmented reality (AR) display. “It can show additional information on the windscreen that is tailored to the situation at hand and the vehicle’s surroundings. Thanks to 5G connectivity the vehicle knows exactly where it is and can offer the user information on the surrounding buildings, businesses and other objects as and when required,” according to…
Found in Robotics News & Content, with a score of 4.18
The BMW Group officially opened its new Additive Manufacturing Campus in Munich. The new facility will combine production of prototype and series parts, along with research into new 3D printing technologies, and associate training for the global rollout of toolless production, the company says. The campus, which cost €15 million, will allow the BMW Group to “develop its position as technology leader in the utilization of additive manufacturing in the automotive industry,” according to a company press release. “Additive manufacturing is already an integral part of our worldwide production system today, and established in our digitalisation strategy,” said Milan Nedeljković,…
Found in Robotics News & Content, with a score of 2.80
…Xometry CEO Randy Altschuler. “Many of our customers, like BMW and Bosch, have a global presence and we can serve more of their needs with a global network. Our AI-driven algorithms and intelligent sourcing platform give us a competitive advantage as we expand across new geographies and manufacturing technologies.” “We are thrilled to join the Xometry team,” says Albert Belousov, Shift co-founder and managing director of Xometry Europe. “Our customers and suppliers will benefit from us joining forces with Xometry.” Dmitry Kafidov, Shift co-founder and managing director of Xometry Europe, agreed: “We're eager to leverage Xometry's technology to continue to…
Found in 247 News & Content, with a score of 0.11
At first, I didn’t pay much attention to the Apple Car rumors. I saw them as the another wave of clickbait along the lines of the wiped-out Apple Television Set canards. I even thought of writing a little parody piece: WinCar, Microsoft Disrupts The Auto Industry. After penetrating offices and homes, Microsoft will now hitch a ride in the third most important location (and time slice) in peoples’ lives: The Car. As part of Satya Nadella’s Mobile First – Cloud First vision, the Azure-enabled WinCar is the ultimate personal mobility and connectivity device. Quoting Nadella’s July 10th message to the…