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Chinese shopping for global robotics ventures
Photo: Faungg via wikimedia commons. April has seen Chinese VCs acquiring robotic ventures, buying out competitors, seeking funding to scale up production, and shoring up industry gaps. Look at these...
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Two profitable uses for robots
Industrial robots keep humming along, doing the dull, dirty and dangerous work of factories around the world. Newer applications are less often known but are quickly emerging. Here are two novel ones....
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Consumer and B2B drone making is big business
eBee RTK, photo:senseFly Lobbying for drone special interests rose from $35 million in 2011 to more than $186 million in 2014. But that is dwarfed by investments in drone makers such as DJI and 3DR,...
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Airware launches new system and gets funded
Airware received an undisclosed investment from Intel Capital, which now joins GE Ventures, Andreessen Horowitz, Google Ventures, Kleiner Perkins and a host of other prominent VCs in funding this...
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Danish co-bot maker Universal Robots sells for $350 million
Privately held Danish company Universal Robots – the successful producer of the UR line of collaborative robots – has sold to Massachusetts-based Teradyne, a provider of electronic testing equipment....
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April equity deals, acquisitions and Chinese funds
Money is flowing to robotics-related startup companies. Q1 saw 19 equity deals totaling $317 million, and 3 acquisitions of undetermined amounts, but money also flowed in April. Equity deals: Airware,...
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Corindus Vascular Robotics goes public
Corindus Vascular Robotics raised $42 million last week by offering 11 million shares at $3.80 and going public on the NYSE MKT exchange, a special market for small-cap growth companies. Corindus,...
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Robots and manufacturing: Facts and figures from the Wall Street Journal
A special Wall Street Journal report called Meet the New Robots: Manufacturing, Unleashing Innovation appeared in its own section in today's WSJ. Lots of good facts, figures and articles to peruse....
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What’s hot in robotics? Four trends to watch
Four diverse trends are having a big effect on the robotics industry worldwide, and the global media and financial gurus are paying attention to the process. 1. Broad recognition of robotics There is...
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SoftBank invests in Fetch Robotics
Fetch Robotics, which just demo’d their Fetch and Freight robot system at ICRA in May, announced receiving $20 million from SoftBank, O’Reilly AlphaTech and Shasta Ventures. The Series A round of...
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Forget Google and unicorns, Asian dragons are going to dominate robotics
Yesterday SoftBank, FoxConn and Alibaba cemented a strong robotics initiative. Having acquired a majority stake in Aldebaran in 2012 (just after the Amazon acquisition of Kiva), SoftBank’s interest in...
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Series of research reports evaluate robotics industry
Businesses, analysts and investors often need and are willing to pay for more facts than they can gather from their sales and R&D departments: detailed comparitive reviews of the landscape of a...
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What’s propelling China’s industrial robot revolution
Xi Jinping, China's President, last year called for an “industrial robot revolution.” Since then there have been policies giving value added tax refunds and subsidies to companies making robots, and...
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Pepper robots to roll out at 1,000 per month
Source: Japan Times SoftBank announced that their little Pepper robot will be available for sale beginning August 1st at the rate of 1,000 per month after selling out their first 1,000 Peppers in one...
View ArticleJapan’s Haneda Airport to deploy 3 types of robots from Cyberdyne
View image | gettyimages.com Cyberdyne, the inventor of the HAL exoskeleton, is expanding their product line and Japan’s Haneda Airport is their first customer. Three different types of robots will be...
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Service robots get multiple positive forecasts
Demand for healthcare robotics to show “tremendous growth” in the next 5 years. Commercial drones will reach $4.8B by 2021; agricultural robots will reach $16.8B by 2021 and $73.9B by 2024. According...
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Robotic flatbread maker gets $11.5 million from two venture funds
Zimplistic, the Singapore and Silicon Valley startup behind the Rotimatic, a robotic home flatbread maker, sold over $5 million at their launch last year. Today, they have a backlog of $72M in orders...
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Robotics fundings, IPOs and acquisitions for June/July
Below are recaps of the June and July fundings, IPOs and acquisitions for robot and robotics related companies, followed by a thoughtful piece by Farhad Manjoo of the NY Times about why start-ups are...
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Softbank will take pre-orders for enterprise version of Pepper starting Oct 1
Developing Story: Softbank today announced that it will be taking preorders for the enterprise version of their Pepper robot, called “Pepper for Biz” starting October 1 this year. This comes one day...
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