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Frank Tobe

by   -   December 1, 2016

handshake_money_currency_dollar_Euro

Seventeen robotics-related companies got funded for a combined total of over $225 million. Four more got acquired. Three went public to raise funds. And one failed.

by   -   November 24, 2016
Source: IFR.org
Source: IFR.org

In the last six years, (2010–2015), according to the IFR (International Federation of Robotics), US industry has installed around 135,000 new industrial robots. The principal driver is automation in the car industry. During this same period, (2010–2015), the number of employees in the automotive sector increased by 230,000.

by   -   November 23, 2016

Robot On A Book Shelf Law Robotics

In President-elect Trump’s interview with the NY Times yesterday, when discussing jobs, closed factories and factories that may leave the country, he was asked: “Are you worried that those companies will keep their factories here, but the jobs will be replaced by robots?

by   -   November 22, 2016

money-business-finance-growth-growing-funding-acquisitions

For the last few years, there have been very few stock IPOs (Initial Public Offerings). Promising companies have been acquired instead, eg: Kiva Systems and Universal Robots. But two robotics-related companies have recently filed: one for the Tokyo Stock Exchange and the other for the New York Stock Exchange.

by   -   November 15, 2016
Credit: Aeryon labs inc.
Credit: Aeryon labs inc.

Key executives leaving (or were requested to leave) Goggle’s drone delivery Project Wing; GoPro recalls all of its newly launched Karma drones and doesn’t offer a replacement; DJI slashes prices. What’s going on?

by   -   November 10, 2016
Source: Nesta.org, Precision Agriculture
Source: Nesta.org, Precision Agriculture

Farmers, ranchers and growers the world over are transitioning to precision agricultural methods, i.e., subdividing their acreage into many unique sub-plots — in some cases right down to the individual plant, tree, or animal — thereby enabling increased productivity, trace-ability and lower overall costs. Low-cost aerial vehicles, sensors and cameras are integral to the process and are being used to map, observe, sense and spray.

by   -   November 8, 2016
Illustration: Zoox
Illustration: Zoox

Zoox, the secretive Silicon Valley startup working to build its own self-driving cars, has quietly raised $50 million (in October) in a Series A round led by Composite Capital Management, a Hong Kong-based hedge fund. This brings Zoox’s total equity funding to $290 million.

by   -   November 2, 2016

money-business-finance-growth-growing-funding-acquisitions

October fundings for robotics-related startups totaled $291.75 million bringing the year-to-date funding figure very close to $1.5 billion. For acquisitions, three of the six companies acquired reported that $390.5 million traded hands. All in all, another strong month for robotics.

UPDATE #1 11/2/2016: Supporting the “another strong month for robotics” statement is an announcement from the RIA (Robotic Industries Association) that robot orders and shipments in North America set new records in the first nine months of 2016. A total of 23,985 robots valued at $1.3 billion were ordered from North American companies in the first nine months of 2016, an increase of 7% in units and 3% in dollars over the same period in 2015, which held the previous record.

UPDATE #2 11/2/2016: Fortune originally report the funding for Rokid as $65 million. They revised it to “more than $50 million.”

by   -   November 1, 2016
George "Geohot" Hotz Presents the Comma One at Disrupt SF. Source: TechCrunch/YouTube
George “Geohot” Hotz Presents the Comma One at Disrupt SF. Source: TechCrunch/YouTube

Silicon Valley and other technology centers have their share of brilliant minds. Some of them have similarly outstanding egos. A few of those have very short fuses. Such is the story of George Hotz.

by   -   October 26, 2016

drone-deals-from-cb-insights_800_579_80

CB Insights Drone Quarterly Financing Trends to VC-Backed Companies shows a downward trend. The Robot Report’s monthly funding reports show something different: a change in the nature of drone applications getting funded.

by   -   October 17, 2016

Industrial robotic arms building chart on white background

Each year the International Federation of Robotics (IFR) surveys and tabulates data from its worldwide network of robotics associations. The two 2016 annual World Robotics Industrial Robots and World Robotics Service Robots reports represent the IFR’s analysis of 2015 results.

by   -   October 12, 2016

Pepper_Softbank

SoftBank, the Japanese telecom conglomerate, led a group that included Iconiq Capital, Prelude Ventures, Tao Capital Partners, and seven others in a $130 million funding round for Zymergen to help the company grow its workforce and scale its operations in Silicon Valley.

by   -   October 10, 2016

Last week, Samsung announced that it had acquired Viv Labs for an undisclosed amount. As part of the acquisition, the Viv founding team will work closely with Samsung’s Mobile Communications business but continue to operate independently.

by   -   October 5, 2016

stock_market_exchange_money

September continued the big-money spree for funding robotic startups. 10 good-sized deals and three little ones. Almost $220 million (bringing the year-to-date total well over $1 billion)! Plus, another $2.2 billion paid in September for six acquisitions.

by   -   October 4, 2016

robot-scene-in-denmark_800_518_80-2

There are many robotics clusters around the world successfully providing for the needs of their respective communities and a few not really achieving their desired goals. Odense and the Danish clusters certainly fall into the former category. They do so because they are organized at every level to be offering and have people that are business smart, humble and cooperative in approach, and public-spirited in nature.





Microrobots for harvesting crystals
January 9, 2016


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