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…Holdings Inc., a subsidiary of Toyota Motor Corp., said yesterday that it has agreed to acquire Level 5, the self-driving division of ride-hailing company Lyft Inc. This marks the first major deal for the newly established Woven Planet and continuing consolidation in the autonomous vehicle space. Woven Planet Group launched in January 2021 as an expansion of the operations of…
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…as new institutional investors Soundproof Ventures and Heroic Ventures. They joined existing investors SPARX Asset Management, Omron Ventures, Toyota AI Ventures, Scrum Ventures, and Duke Angels “This investment by some of the world’s leading manufacturers and automation providers stands as a testament to our ability to dramatically improve the value proposition for robotic implementations,” stated Peter Howard, CEO of Realtime…
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…Robotics and incorporate the groundbreaking AI technology of ElliQ,” she added. “This device does not replace interactions with human caretakers, but it can facilitate communication and focus on what matters to all of us: memories, family and friends, good health, and humor.” ElliQ provides companionship, connection Founded in 2016, Intuition Robotics said ElliQ is a proactive care companion intended to…
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…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…
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…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…
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…for the monumental task of AI perception processing for autonomous mobility, Recogni's system is purpose-built to overcome compute and power-efficiency barriers,” said the company. Scorpio is the world's first 1,000 TOPS (thousand trillion operations per second or Peta-Op) inference system for autonomous vehicles, claimed Recogni. It is scalable from 500 and 1,000 TOPS to 2,000 TOPS at the highest capacity…
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…years ago, the CEO of Toyota Research Institute published a seminal paper about whether a Cambrian explosion was coming for robotics. The term “Cambrian explosion” refers to an important event approximately half a billion years ago in which there was a rapid expansion of different forms of life on earth. There are parallels with the field of robotics as modern…
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…are just as important as AI, AMRs, or ASRS. What do investors look for in robotics startups, and how can users identify promising or maturing technologies? Rahul Sen Sharma, managing partner at Indxx, has been following robotics, automation, and artificial intelligence with those questions in mind. Founded in 2005, Indxx provides client and custom indexes tracking emerging technologies. The company,…
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…behavioral sciences, and advanced cognitive AI capabilities in ElliQ. The Tel Aviv, Israel-based company said it has designed the robot to empower older adults to have active and connected lives at home, while alleviating the effects of loneliness and social isolation. Intuition Robotics said ElliQ has demonstrated its value as a proactive care companion that serves as a sidekick for…
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…round, along with Pegasus Tech Ventures in Silicon Valley, 7 Industries in the Netherlands, corporate investor Accenture, and angel investor Dr. James Kuffner. Kuffner was Diankov's advisor during his Ph.D. program at Carnegie Mellon University and is now CEO of Woven by Toyota. “This Series C funding is a significant milestone for Mujin, a company that has pioneered intelligent automation…
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…along with existing investors S2G Ventures, Toyota Ventures, F-Prime Capital and Cibus Capital. As part of the round, Brian Rich, managing partner with Catalyst Investors, and Kaz Kikuchi from Translink Capital, will join the company’s Board. Burro is an autonomy company building the future of work outdoors. The company was founded in 2017 and began with a mobility platform designed…
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…response to similar market needs. AI, technical advances enable humanoids Technical advances in artificial intelligence will also drive growth in the projections for 2023 to 2032. In addition, the report examines the following: Humanoid robot market size by component (software, hardware, and services) Application (search and rescue, education and entertainment, personal assistance and caregiving, public relations, research and space exploration,…
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…developer include major automakers and venture capital firms. “We are honored to have partnered with many leading global automakers and Tier 1 suppliers for strategic investments,” stated Cao Xudong, CEO of Momenta. “This financing marks a milestone for Momenta. The company's autonomous driving products and R&D capabilities have been recognized by customers around the world. The addition of these partners…
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…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…
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…and Greece. Its investors include Toyota AI Ventures, Samsung NEXT, and iRobot, among others. ElliQ designed to promote engagement Primary care providers encounter two major challenges in engaging older adult patients, according to Intuition Robotics. The first is lack of visibility on the accurate state of their patient in between touchpoints. Leading primary care providers have about touchpoint a month…
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
