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Looking towards service robotics in 2017
Sophisticated household robots are only just starting to show up in our lives, but all the building blocks for a veritable “Cambrian explosion” of robotics are there, as Gill Pratt described it when...
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2016: the best year yet for funding robotics startups
2016 was a busy and abundant year for seed, crowd, series A,B,C,D and VC funding of robotics-related startups. 128 companies got funded, some multiple times. $1.95 billion, 50% more than 2015 which...
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$18.867 billion paid to acquire 50 robotics companies in 2016
2016 was a banner year for acquisitions of companies involved in robotics and automation: 50 sold; 11 for amounts over $500 million; five were over a billion. 30 of the 50 companies disclosed...
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HAX takes robotics to market in 2017
If you attended CES 2017 last week you may have seen more than 70 HAX powered startups in Eureka Park, the ‘playground of innovation’. As service robotics steals the spotlight, we wanted to showcase...
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Rethink Robotics raises another $18 million
Sawyer. Image: Rethink Robotics Rethink Robotics, the Boston-based maker of the Baxter and Sawyer robots founded by iRobot co-founder Rodney Brooks, raised an additional $18 million in an unfinished...
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21 research reports forecast double-digit growth for robotics industry
Source: swarmfarm After reading all the press releases for this batch of 21 research reports, one can see that although they vary widely in their forecasts they almost all agree that the robotics...
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$250 million awarded to new Advanced Robotics Manufacturing Innovation Hub
Headquartered in Pittsburgh, PA, the new institute is made up of governments, industry, academia, and non-profit organizations from across the country. Combined they have contributed $173 million that...
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Robotics, artificial intelligence, connected devices in ‘Forbes 30 under 30’
Forbes “30 under 30″ list celebrates the achievements of 30 game changers in 20 different industries — 600 in total — of the brightest young entrepreneurs and innovators who are challenging...
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Factory move to U.S. creates jobs with help from robot workforce
Source: CBS Evening News By investing $6 million in robots, Bicycle Corporation of America (BCA) was able to take back 10% of their manufacturing from China and place it into a new factory in Manning,...
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When being a woman in robotics gives you the edge
Robotics isn’t gender neutral, it’s gender blind. And that means that there are a lot of hidden opportunities for savvy investors and entrepreneurs. One of the first robotics companies I followed was...
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Call for startups at Automate
The Association for Advancing Automation (A3) has announced a call for startup companies in robotics, machine vision and motion control for its Automate Launch Pad Competition. The competition will be...
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January fundings, acquisitions, IPOs and failures
January fundings for robotics-related startups totaled over $123 million - a reasonable start for the new year. For acquisitions, three of the six companies acquired reported that $390.5 million...
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CleverPet is a robot that humans (and dogs) love
The largest markets for robots is for when there aren’t any people around. We often call those jobs the dirty, dull and dangerous ones. But then there are devices like CleverPet which play with your...
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Robotic cleaning market growing exponentially
iRobot Braava jet 240. Source: irobot.com The International Federation of Robotics forecast that the global market for vacuum cleaning robots, lawn-mowing robots and other household cleaning robots...
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Recap: 2016 funding and acquisition updates
Although the original articles (2016 was best year ever for funding robotics startup companies) and (Over $19 billion paid to acquire 50 robotic companies) have been updated to reflect the omissions...
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February 2017 fundings, acquisitions and IPOs
February fundings for 16 robotics-related startups totaled over $313 million - another solid month for the new year. Acquisitions also continued to be substantial with Ford's acquisition of Argo and...
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Yves Behar designs a security robot for Cobalt Robotics
Cobalt Robotics has launched their stylish security robot. The robot was designed by Yves Behar and as a fabric covered robot, it’s putting a new spin on soft robotics! Behar’s goal was to create a...
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Reactions from experts: Robotics and tech to receive funding boost from UK...
Yesterday, the UK government announced their budget plans to invest in robotics, artificial intelligence, driverless cars, and faster broadband. The spending commitments include: £16m to create a 5G...
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Intel to acquire Mobileye for $15.3 billion
Source: Intel Intel announced plans to acquire Israel-based Mobileye, a developer of vision technology used in autonomous driving applications, for $15.3 billion. Mobileye share prices jumped from $47...
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Bosch and Nvidia partner to develop AI for self-driving cars
Amongst all the activity in autonomously driven vehicle joint ventures, new R&D facilities, strategic acquisitions (such as Mobileye being acquired by Intel) and booming startup fundings, two big...
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