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Mujin, a leader in intelligent robotics for manufacturing, logistics, and supply chain operations, has raised $85 million in its Series C funding round, the company announced today. The funding round was led by SBI Investment Co., Ltd. in Japan, along with Pegasus Tech Ventures, a prominent Silicon Valley venture capital firm, 7 Industries from the Netherlands, corporate investor Accenture, and…
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…OECD. The International Federation of Robotics last week announced Go4Robotics, a new online platform to provide independent guidance in manufacturers' journey to automation. “The lack of skilled labor is a strong driver for automation in many countries,” said Dr. Susanne Bieller, general secretary of the International Federation of Robotics (IFR), in a release. “In fact, statistics from the EU say…
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Robotics gatherings are increasingly common, but there are relatively few places where the public can see robots in operation and even get hands-on experience. InOrbit Inc., which provides software and support for robot operations, or RobOps, has successfully hosted a number of community events this summer. In February, the company opened the InOrbit Robot Space at 293 Castro St. in…
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…continue pushing the boundaries of robotics technology and meet the evolving needs of our customers.” Ati Motors said it has developed and manufactured autonomous mobile robots (AMRs) for sectors such as warehousing, logistics, and manufacturing. New mobile robots designed for flexibility The demand for mobile robots is rapidly increasing, driven by the need for efficient and flexible solutions in a…
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…a specific sector, such as robotics. Earlier this month, Indxx announced the licensing of its Indxx US ETF Industry Top 10 Index to South Korea-based Samsung Asset Management. The index will serve as the underlying benchmark for the KODEX US ETF Industry Top10 Indxx ETF, said Indxx. “In recent years, ETFs have been the fastest-growing investment vehicle, and we expect…
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Robotics startups, investors, integrators, and end users are grappling with vendor consolidation, heightened demand and public expectations, and a tightening of available funding. How can they navigate such challenges? Harpinder (Harpi) Singh is a partner at Innovation Endeavors and an entrepreneur with nearly two decades of experience building products for emerging industries at the intersection of mobile, data, and deep…
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…to do more through a robotics-as-a-service (RaaS) model. The deep tech startup's delivery robots have been operating in airports, starting with Cincinnati International Airport (CVG) and in Europe at Rome Fiumicino International Airport (FCO). Ottonomy on 'Runway to the Future' Ottonomy said it took part in the Innovation Hub's “Runway to the Future” acceleration program in September 2022, offering added…
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…good time to assess current robotics trends. From venture capital constraints to ChatGPT, Dr. Bernard Casse, founder and CEO of RIOS Intelligent Machines Inc., has experience and first-hand observations from recent events. RIOS said it is leading the charge in re-industrializing America and transforming aging industries into the smart factories of the future powered by robotics and artificial intelligence. The…
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…in a recent interview with Robotics 24/7. “You can only grow in this current world with strong business partnerships, and just great partners in your corner, whether those are the vendors you do business with or like-minded businesses that help you grow.” Apicella was recently named the interim executive director of the Pittsburgh Robotics Network (PRN), a role that was…
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…and power, robots using Veo Robotics Inc.'s proprietary safety technology can combine industrial capabilities with human-in-the-loop efficiency. The company today announced that it has closed a $14 million funding round, bringing its latest investment to a total of $29 million. “With the increased need for efficiency improvement in industrial environments, we’ve seen increasing requirements for safe robot operation in the…
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…about 300 of which were robotics suppliers, even Robotics 24/7 was hard-pressed to see it all. Companies at booths and in sessions reported strong attendance, especially on Tuesday and Wednesday of the four-day event. MHI tallied a total of about 50,000 visitors to McCormick Place. There may have been fewer ground-breaking innovations at this year’s ProMat, and the mood was…
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…by LG Technology Ventures, the Silicon Valley-based venture capital arm of the LG Group, with participation from Safar Partners, UOB Venture Management, and existing investors Alpha JWC and LDV Partners. “With this new round of funding, we are well-positioned to broadly deploy our autonomous logistics solutions to power safer and more efficient global supply chains and industrial yards,” said Heidi…
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…here last week, Plus One Robotics Inc. demonstrated its parcel-handling robots for warehouses, as well as an opportunity for attendees to “race the robot” in a pick-and-place process in virtual reality. The materials handling conference came after an eventful time for technology startups like Plus One, with layoffs and the failure of Silicon Valley Bank. Robotics 24/7 sat down with…
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…automated, get started with them? Robotics 24/7 chatted with Dr. Bernard Casse, founder and CEO of RIOS, about rethinking business models as capital becomes scarce and how the robotics-as-a-service (RaaS) model can enable robot adoption. Do your due diligence Even before Silicon Valley Bank's problems, robotics suppliers and users were complaining about a lack of capital. What does that mean…
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Reliable Robotics celebrated the opening of its new engineering and development center in Mountain View, Calif. last week. Congresswoman Anna Eshoo, top local elected officials, and representatives from the National Aeronautics and Space Administration (NASA) and Federal Aviation Administration (FAA) attended the ribbon-cutting ceremony yesterday. Congresswoman Eshoo, and California State Senator Josh Becker shared remarks during event and highlighted innovation…
From geometry preparation to AI-assisted analysis, integrated CFD workflows…
Software-based GripperAI manages mixed picking through basic geometry
Safety, communication and motion control components enable smooth operation
North America’s largest robotics and automation event winds down
