Found in Robotics News & Content, with a score of 0.78
…Gopher Asset Management, Walleye Capital, Aliya Capital Partners, and others participated in Kodiak's Series B round. Bridgestone Americas and BMW i Ventures previously invested in the company. Cowen served as exclusive placement agent to Kodiak Robotics. Kodiak Robotics said it will use the Series B funds over the next 12 months to double employee headcount by adding at least 85 people to its team. The company will also expand autonomous service capabilities from coast to coast and add a minimum of 15 new trucks to its fleet for a total of at least 25 autonomous vehicles.
Found in Robotics News & Content, with a score of 0.70
…Autobrains' algorithm does not require supervised deep learning. Source: BMW i Ventures Funding and partners Temasek, a Singapore-based global investment company, led Autobrains' Series C round. New investors included automotive player Knorr-Bremse AG and Vietnamese car manufacturer Vinfast. Existing investor BMW i Ventures and long-term strategic partner Continental AG also participated. “Autobrains has tested its technology with hundreds of engineers and millions of miles in lots of geographies,” Raichelgauz said. “One surprise was that after just a few weeks, our partners could see the technology steering a car from a laptop. They saw that this technology could solve many problems,…
Found in Robotics News & Content, with a score of 0.31
…its first production batch of PlusDrive autonomous driving units to Chinese OEM FAW. Kodiak also recently announced investments from BMW i Ventures and Bridgestone Americas, as well as a collaboration with Bridgestone regarding smart tire sensing technologies. The company said it “aims to build the world's most efficient, reliable, and respected end-to-end delivery solution” and it has begun driverless testing of its autonomous system.
Found in Robotics News & Content, with a score of 1.41
…Mech-Mind said it serves verticals such as automotive, home appliance, food and beverage, and pharmacy. The company's customers include BMW, DHL, Honeywell, Siemens, and Yaskawa.
Found in Robotics News & Content, with a score of 0.60
…that may cause injuries to workers. For instance, the BMW plant in Spartanburg, S.C., uses cobots to assist employees in moving and carrying car parts. This minimizes the risk of injury and employee strain from handling heavy materials. With the assistance of cobots, the automotive plant managed to boost worker safety and eliminated the need for employees to do physically exhausting tasks. Collaborative robots are innovations that can improve working environments and assist supply chain workers. With these robotic partners, employees can forego repetitive, arduous, and even dangerous tasks to improve productivity and reduce risks. Thus, supply chain companies, as…
Found in Robotics News & Content, with a score of 0.70
…the German Automotive Association (VDA). It will presenting its interoperable system in a joint project of five automakers, including BMW, Ford, Mercedes-Benz, Jaguar-Land Rover, and Cariad, a technology subsidiary of Volkswagen Group. The project also includes four technology vendors: Unikie, Bosch, Valeo, and Continental/Kopernikus. Unikie said it is working with multiple OEMs to validate its technology, and it expects the first production installations during 2022.
Found in Robotics News & Content, with a score of 0.65
…sensors and can increase accuracy, efficiency, and ensure safety across a range of industries and applications. Its customers include BMW, Mercedes-Benz, Chattanooga Department of Transportation, and Emart. Seoul Robotics has offices in Seoul, South Korea, as well as Silicon Valley, Munich, and Detroit and is backed by leading global financial institutions. It raised $12 million in a bridge round of investment from the Korea Credit Guarantee Fund earlier this month.
Found in Robotics News & Content, with a score of 0.77
…cloud-based approach for automotive customers and OEMs such as BMW. AWS offers over 125 fully featured services for compute, storage, databases, networking, and more. DXC Luxoft and AWS said their automotive experience will enable safe integration and transformation of toolchains, technologies, and processes. The companies added that Robotic Drive on AWS will use several native services for different components catering to various use cases for ADAS application workloads. Amazon Simple Storage Service (S3) and Amazon Elastic File System (EFS) will house a data lake, managing hundreds of petabytes of automotive datasets. Amazon Elastic Kubernetes Service (EKS) will function as the…
Found in Robotics News & Content, with a score of 0.67
…and Translink Capital co-led the round, with participation from BMW i Ventures, Kensington Capital Partners, Perot Jain, and Ironspring Ventures, as well as existing investors. Whitney Rockley of McRock Capital and Toshi Otani of Translink Capital will join Plus One's board of directors. “The Plus One team has done an excellent job aggressively growing its business over the past two years,” said Rockley. “Their market traction and customer base validates the need for logistics automation using agnostic, scalable applications.” “With their precision and quality, Plus One is positioned to be an integral part of any system in e-commerce fulfillment and…
Found in Robotics News & Content, with a score of 0.71
…AI. Huang demonstrated with Milan Nedeljković, member of the BMW AG's management board, how a photorealistic digital twin of a manufacturing facility can help plan for a “factory of the future.” “These new innovations will reduce the planning times, improve flexibility and precision, and at the end produce 30% more efficient planning,” said Nedeljković. Omniverse Enterprise includes the Omniverse Nucleus server, which manages the shared database, and Omniverse Connectors, which are plug-ins to design applications. It also includes Omniverse Create for accelerating scene composition and enabling users to assemble, light, and render scenes, and Omniverse View, which provides for collaborative…
Found in Robotics News & Content, with a score of 0.68
…their own robot vendors, as in the case of BMW and Idealworks.” As the market develops, some companies will pull ahead and begin to dominate the space, which is currently very fragmented. Robotics vendors will attempt to move up the value chain, while also creating a powerful platform for smaller companies to coalesce around, said ABI. “Gradually, this will result in increased efficiencies and fewer challenges to implementing robots for material handling,” Whitton noted. These findings are from ABI Research's “Industrial Robotics for Material Handling Competitive Ranking” report. This report is part of the company's Industrial, Collaborative & Commercial Robotics…
Found in Robotics News & Content, with a score of 0.55
…he added. Parkopedia said its parking services are used by millions of drivers and organizations such as Audi, Apple, BMW, Ford, Garmin, GM, Jaguar, Land Rover, Mercedes-Benz, Peugeot, Sygic, TomTom, Toyota, and Volkswagen. Parkopedia is available in 15,000 cities across 89 countries globally, covering over 70 million parking spaces. Parkopedia said it helps drivers find the closest, cheapest, or available parking to their destination; pay in selected locations; and navigate directly to the parking space.