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…announced it is buying the SoftBank Vision Fund's stake in its Cruise self-driving car company for $2.1 billion. San Francisco-based Cruise makes electric, driverless vehicles such as the Origin shuttlebus. Last month, the company announced that SoftBank was going to invest an additional $1.35 billion because Cruise had started operating its fully autonomous vehicles. It has also begun offering self-driving…
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…in 2020 in partnership with SoftBank Robotics Group. The AMR uses artifical intellgence and self-driving technology to help it navigate environments, according to Bear Robotics. Mobile waiter at your service The company said casinos, senior living center facilities, and corporate campuses have used its service robots. “Having started my own restaurant years ago, I learned firsthand just how hard things…
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…Lee Partners (THL), and the SoftBank Vision Fund led RightHand's latest funding, which brings its valuation to $240 million. Tenzer said he expects the company make $10 million in revenue this year. Zebra Technologies, Epson, and Global Brain also join the Series C round, along with previous investors GV (Google Ventures), F-Prime Capital, Menlo Ventures, Matrix Partners and Future Shape.…
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…into the fingertips of a SoftBank Pepper humanoid robot. Sensors on the fingers of each hand can be positioned on a patient's chest to take electrocardiogram (ECG) and photoplethysmogram (PPG) readings. Blood pressure is monitored and estimated by combining the sensor data from each hand. Using predetermined algorithms, the signals from the paired sensors can generate a patient's systolic and…
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…LLC yesterday announced that the SoftBank Vision Fund will invest another $1.35 billion toward commercializing its autonomous vehicles. The General Motors Co. spinoff also said it has opened rides from its staff to the public in San Francisco. “The SoftBank Vision Fund initially invested $900 million in Cruise in 2018,” said Kyle Vogt, co-founder, chief technology officer, and interim CEO.…
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…the Waltham, Mass.-based company from SoftBank Group Corp. last year. Stretch is a “flexible, easily integrated solution that can work in any warehouse to increase the flow of goods and improve associate safety by taking over physically demanding tasks,” claimed Boston Dynamics. The mobile manipulator has a compact, omni-directional base and a custom-designed lightweight arm, as well as a suction…
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…Pine Venture, SIG, BlueRun Venture, SoftBank, and HAX. TAIHECAP was designated as the exclusive financial advisor. Previous investors included ZhenFund, C&I Capital, INNO, BOLE and XJTU 1896. YouiBot said it plans to focus on precision manufacturing and the energy industry by continuing its advances in production scenarios, planning algorithms, and robotics hardware. The company also said it will “expand its…
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…the next level,” Cohen added. “SoftBank has tremendous experience investing in leading-edge artificial intelligence and robotics innovators, and our partnership with them will provide us with new insights, relationships, and capital that will help us realize our full potential. Together, I’m confident Symbotic will be a powerful, long-term force in modernizing the supply chain to the benefit of all.” Software…
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…and use cases,” said Lacaze. SoftBank and Luminar work with Robotic Research SoftBank Vision Fund 2 and Enlightenment Capital led Robotic Research's Series A round. Other investors included Crescent Cove Advisors, Henry Crown and Co., and Luminar Technologies Inc. “We believe that autonomous vehicle technology has the potential to reshape how goods and people are moved around,” said Akshay Naheta,…
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…through application programming interfaces (APIs). SoftBank among funding leaders Capital Today, SoftBank Vision Fund 2, Meituan, and other investors participated in Gaussian's Series C round. The company did not disclose its current valuation, reported Reuters. In April, Gaussian Robotics raised $100 million in Series B funding. The global market for cleaning robots will experience a compound annual growth rate (CAGR)…
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…investors included Google, Kroger, and SoftBank. “We’re thrilled to have the backing of these prominent investors and world-class companies, and honored that they support our vision of improving communities and revitalizing local commerce,” said Dave Ferguson, co-founder and president of Nuro. “We believe this investment will allow us to accelerate our commercialization strategy and better everyday life with Nuro’s technology.”…
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…over 30 countries. In April, SoftBank Group Corp. acquired a 40% stake in AutoStore for $2.8 billion. AutoStore Bins are stacked vertically in a grid and retrieved by robots that travel on the top layer of the system, allowing the grid to be placed around columns and on mezzanines and multiple levels. This design allows bins of products to be…
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…manager and production engineer at SoftBank Robotics (SBR), and Taro Ito, the robot quality assurance/control and software lead for SBR. They have designed a new 600,000-sq.-ft. SB Logistics distribution center (DC) in Ichikawa City, Japan, about 10 miles from Tokyo. Both companies are part of SoftBank Group: SB Logistics is a third-party logistics (3PL) provider for e-commerce fulfillment, and SoftBank…
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…Investors look to accelerate commercialization SoftBank Vision Fund 2 led Opentrons' Series C investment, with participation by Khosla Ventures. SoftBank Investment Advisers (SBIA) is a segment of SoftBank Group, a Japanese multinational conglomerate holding company headquartered in Minato, Tokyo. SBIA is manager of the Vision Funds, which seek to accelerate the AI revolution through investments in market-leading businesses. “Opentrons is…
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SoftBank Robotics Group Corp. today announced a global partnership with Keenon Robotics Co., which focuses on indoor service robots. The global launch expands on Keenon's announcement last week of $200 million in Series D funding and collaboration with SoftBank Robotics. The companies said they will work together to expand the use of robotics in the service industry. They said that…
Ultrasonic sensing enhances robotics perception
Cybernetix Ventures’ event kicks off Robotics Tech Week 2026 slate of events
Preview the manufacturing and warehouse components that will be on the…
Preview the manufacturing and warehouse robots and software that will be on…
