Search Results: softbank

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ProMat 2023: Materials Handling Automation Reaches a Crossroad

Found in News and Content

…visible and public example is SoftBank’s announcement that it will take Berkshire Grey private, paying $1.40 a share for the shares it does not already own. Remember that BG went public at $10 a share. I’ve had more than one venture capital firm tell me privately that it's no longer investing in robotics hardware companies. More than one robotics company…


Symbotic Reports Quarterly Results, Including $12B Warehouse Automation Order Backlog

Found in News and Content

…sponsored by an affiliate of SoftBank Investment Advisors (SBIA), and Symbotic began publicly trading its stock. “In addition to our 168% annual revenue growth, gross margin improved and operating expenses, excluding stock-based compensation, declined sequentially,” said Tom Ernst, chief financial officer of Symbotic. “We initiated a record six system deployments during the first quarter as we continue to rapidly scale…


Bowery Farming Turns to Automated Storage and Retrieval Systems to Elevate Vertical Farming

Found in News and Content

…for instance, previously worked at SoftBank Robotics, where he focused on technologies for micro-fulfillment centers in the 7,500 to 10,000 square foot range. Pallets of plants are moved by conveyor into the main grow area. Source: Jeff Fusco/Getty Images for Peerless Media. Optimizing automation According to Frankert, who joined the organization two years ago, Bowery Farming realized from the outset…


Rockwell Automation Agrees to Acquire Clearpath Robotics, OTTO Motors—Updated

Found in News and Content

…Barcoding Jan. 2023 Berkshire Grey SoftBank Group March 2023 6 River Systems Ocado Group May 2023 Magazino Jungheinrich Aug. 2023 In March, Fast Company named OTTO Motors as one of the Most Innovative Companies for 2023. In May, Mitsubishi Electric Corp. invested an unspecified amount in Clearpath. Partners build advanced materials handling portfolio The companies said the combination of Rockwell’s…


Kia and Boston Dynamics Plan to Introduce New Robot in 2024

Found in News and Content

…part of Alphabet Inc.) and SoftBank Robotics. Already well-known for videos of its Atlas humanoid robots, Boston Dynamics has focused on commercial applications of its robots since the Hyundai acquisition. The Spot quadruped has been used for security and infrastructure inspection, and the company has developed the Stretch mobile manipulator to unload truck trailers and shipping containers. In 2021, Hyundai…


RobotLAB Wins Innovation Award, Integrates Service Robots Across Industries

Found in News and Content

…the NAO and Pepper humanoids. SoftBank Group previously owned Aldebaran. RobotLAB said it has deployed nearly 7,000 NAO educational robots and 600 Pepper service robots since 2009. The company has integrated NAO into K-12 schools and universities across the U.S. It is also deploying more than 150 STEM (science, technology, engineering, and mathematics) carts, which include NAO robots, to every…


Robotics as a Service Model Spreads Beyond Mobile Robot Suppliers to Other Systems

Found in News and Content

…that it is partnering with SoftBank Group on a joint venture called GreenBox to build out a network of automated, multi-tenant distribution centers (DCs). This introduced the concept of “warehouse as a service,” which is more than RaaS in that GreenBox would manage and run these automated DCs for multiple clients as a service. While many vendors see growing momentum…


DeepSeek releases ChatGPT-like AI model, U.S. tech stocks tumble

Found in News and Content

…led by OpenAI, Oracle and SoftBank – announced by U.S. President Donald Trump on January 21. On Twitter/X, users saw the release of DeepSeek as both innovative and impressive. NEWS: DeepSeek just dropped ANOTHER open-source AI model, Janus-Pro-7B. It's multimodal (can generate images) and beats OpenAI's DALL-E 3 and Stable Diffusion across GenEval and DPG-Bench benchmarks. This comes on top…


RoboForce announces $10M early-stage funding for AI-enabled MMRs

Found in News and Content

…Nobel Laureate Myron Scholes and Softbank VC co-founder Gary Rieschel. The RoboForce development team come from institutions including Carnegie Mellon University, Michigan Robotics, Amazon Robotics, Tesla, Google, Waymo, Apple, and Microsoft. With this funding, RoboForce is preparing to deploy its RF-04 mobile manipulation robots (MMRs) this year for early customers. RoboForce will debut its technology at the Intersolar & Energy…


How sustainability drives ABB’s automotive automation technologies

Found in News and Content

…of its Robotics division to SoftBank, there’s always something going on under the company’s hood. Sustainability remains one of ABB’s key pillars in its manufacturing technologies and processes, along with the end products that its robots manufacture. How EV manufacturing changes the game for ABB robots Electric vehicles are all the rage. Thanks to global environmental initiatives, EVs are more…


The venture capital and investment view from inside robotics’ defining decade

Found in News and Content

…some cases, primary deal drivers. SoftBank, Hyundai, NVIDIA, and Amazon are no longer just customers or acquirers; they’re showing up on cap tables at the seed and Series A stages. While they bring clear strategic value, they’re also reshaping term dynamics, exit pathways, and founder incentives in ways financial investors need to evaluate carefully. Together, these forces have made robotics…


Editors' Picks

Robotics Invest 2026: Robotics investors, entrepreneurs and tech innovators meet in Boston
Robotics Invest 2026: Robotics investors, entrepreneurs and tech innovators meet in Boston

Cybernetix Ventures’ event kicks off Robotics Tech Week 2026 slate of events

Automate 2026: Cameras, components, drives, grippers, motors, sensors & more
Automate 2026: Cameras, components, drives, grippers, motors, sensors & more

Preview the manufacturing and warehouse components that will be on the…

Automate 2026: AMRs, cobots, humanoids, orchestration platforms, software systems & more
Automate 2026: AMRs, cobots, humanoids, orchestration platforms, software systems & more

Preview the manufacturing and warehouse robots and software that will be on…