Found in News & Content, with a score of 16.00
…of local farming Strategic and venture investors Toyota Ventures, Flybridge, Hampton VC (founded by Sam Parr and Joe Speiser), E²JDJ, and Momenta contributed to Agtonomy's Seed II round. Existing investors GV (formerly Google Ventures) and Grit Ventures also participated in the new round. “Our commitment to sustainability and the future of autonomy, battery and EV technology makes Agtonomy a perfectly aligned investment for our growing portfolio,” stated Jim Adler, the founding managing director of Toyota Ventures. “We see huge potential…
Found in News & Content, with a score of 8.41
…year, Lyft sold its self-driving division to Toyota, and delivery robot firm Nuro acquired self-driving trucking firm Ike. Waymo, which is owned by Google parent Alphabet, and Cruise, which spun out of General Motors, have pumped billions of dollars into self-driving car research and development. Cruise acquired Voyage in March 2021. Also this week, Magna International acquired the employees and assets of Boston-based Optimus Ride Inc. Former Local Motors executives expressed optimism, however, about the industry's potential. “As with most…
Found in News & Content, with a score of 7.15
…from global brands including Ingram Micro and Toyota. The company has added a number of experts in commerce and robotics to its team as it prepares to go to market. HDS Global’s company directors include Craig A. Leavitt, former CEO of Kate Spade, and Sujeet Chand, chief technology officer (CTO) of Rockwell Automation. HDS Global said its advisors include Bob DiRomualdo, chairperson and CEO of Naples Ventures and former chairman of the board of directors at Ulta Beauty, plus Rudy…
Found in News & Content, with a score of 6.12
…deployed AMRs at Ford Motor Co. and Toyota Motor Corp., as well as at Faurecia Interior Systems and Danfoss Power Solutions. Faurecia is one of the world’s largest automotive parts makers, and Danfoss is a $7 billion multinational with more than 71 factory sites in over 20 countries. “I’m thrilled to be able to bring my expertise to bear in helping OTTO continue its successful trajectory,” said Garvey. “All of the proper ingredients are in place: amazing technology, strong leadership…
Found in News & Content, with a score of 5.92
…announced investors included Volvo Group Venture Capital, Toyota Ventures, and HELLA Ventures. “We have a lot of strategic investors, predicated on technology partnerships,” said Becker. “All of these relationships have been built up over quite some time.” “Based on the Apex.OS, we can offer our customers an additional ZF Middleware option,” said Nico Hartmann, head of the ZF Global Software Center. “This solution is certified to the highest standards of functional safety for passenger cars and commercial vehicles. Thus, we…
Found in News & Content, with a score of 6.24
…system worked with companies such as the Toyota Research Institute and The MITRE Corp. and had paid internship opportunities. A second cohort has just begun, said Khalif Mitchell, STEM program manager at MassRobotics. Autodesk participated in a “Design, Build, Apply” workshop around robots in construction. MassRobotics also hosted informational events about defense, maritime, and other sectors. MITRE also sponsored a drone working group to study the technology's potential impact on the utility industry, and Amazon Robotics supported a drone camp.…
Found in News & Content, with a score of 7.59
…DENSO WAVE, which is part of the Toyota Group. Clients purchasing the latest robots sold by DENSO will have an option to include Dynamis as part of the force controller, which reads the force detected by a force sensor on the robot’s wrist and applies force accordingly. If too little force is applied, items may not be assembled correctly, while applying too much force could damage the items, noted Eureka Robotics. “Due to its high basic performance and openness, DENSO…
Found in News & Content, with a score of 9.40
…Level 5, its own self-driving division, to Toyota subsidiary Woven Planet Holdings Inc. for $550 million in April. Partners iterate toward 2023 launch Motional and Lyft said they are working closely, iterating on all aspects of the deployment and rider/user experience (UX). This includes transporting passengers via the IONIQ 5, Motional's next-generation robotaxi, starting in the second half of 2022. During this initial phase, riders will experience their end-to-end journeys autonomously, including entering the vehicle, starting their rides, and requesting…
Found in News & Content, with a score of 7.45
…research alongside MIT CSAIL Ph.D. student Jie Xu and Agrawal. The research is funded by Toyota Research Institute, Amazon Research Award, and DARPA Machine Common Sense Program. It will be presented at the 2021 Conference on Robot Learning.
Found in News & Content, with a score of 14.58
…SAIC Motor; global strategic investors General Motors, Toyota, and Bosch, as well as Temasek and Yunfeng Capital. Mercedes-Benz, IDG Capital, GGV Capital, Shunwei Capital, Tencent, and Cathay Capital also participated in the $500 million Series C round. Autonomous vehicle developers and related technology providers have raised more than $26.5 billion in 2021, according to Robotics 24/7. Here are 10 of the biggest totals to date: Company Location Amount (M$) Transaction Date Cruise San Francisco 2,750 Investments 4/15/2021 Waymo Mountain View,…
Found in News & Content, with a score of 9.62
…advised by T. Rowe Price Associates Inc., Toyota's Woven Capital unit, and other existing investors participated. Nuro raised $500 million in Series C funding a year ago. “The arrival of ubiquitous on-demand e-commerce is changing the way we access goods,” said Griffin Schroeder, partner at Tiger Global. “Demand for local deliveries is exploding. Nuro is the bridge to an era of sustainable, low-cost, autonomous local delivery.” “Kroger launched its partnership with Nuro in 2018 to explore grocery delivery through autonomous…
Found in News & Content, with a score of 5.99
…trucks. Aurora has partnered with companies including Toyota, Uber, Volvo, and PACCAR. Last year, it acquired Uber Advanced Technology Group (ATG), and It recently announced that it will merge with special-purpose acquisition company (SPAC) Reinvent Technology Partners Y and be publicly traded starting Nov. 4. Aurora marks milestones to commercialization Aurora said it is moving quickly toward the commercial launch of Aurora Horizon in late 2023, and the release of Aurora Driver Beta marks an important milestone. It demonstrates Aurora’s…
