news    views    talk    learn    |    about    contribute     republish     crowdfunding     archives     events

Frank Tobe

by   -   April 13, 2017
FANUC_R2000iB at work. Source: Wikipedia Commons

CBS News, and reporter David Pogue, displayed some new technologies threatening jobs, while the International Federation of Robotics suggested that deploying robots actually increases jobs. Are either true? Or both? 

by   -   April 10, 2017

March 2017 had 29 robotics-related startups get funding totaling over $222 million – another solid month for 2017 and $658 million year-to-date. Acquisitions also continued to be substantial with Intel’s eye-popping $15 billion acquisition of Israeli Mobileye. Plus, there were three IPOs.

by   -   March 2, 2017

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 Midea Group’s purchase of Servotronix. Plus there were two IPOs.

by   -   February 28, 2017

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 of 2016 fundings and acquisitions, listed below is a recap of those updated transactions.

by   -   February 15, 2017
Photo: Ford Motor’s next-generation Fusion Hybrid autonomous development vehicle. (Courtesy of Ford Motor)

Argo AI, a Pittsburgh startup, has sold a majority share of their company to Ford Motor Co. which has agreed to invest $1 billion over a five-year schedule but will immediately become the majority shareholder. Both companies declined to disclose further details.

by   -   February 13, 2017
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 will grow at a compound annual growth rate (CAGR) of 33% through 2019. Other research reports say the market will reach $2.5 billion by 2020 at a CAGR of 15%.

by   -   February 7, 2017
Lady Gaga performing at Super bowl LI Source: NFL/YouTube

Three hundred drones flashed their colored lights and created a flying American flag as Lady Gaga sang a blend of “God Bless America” and “This Land Is Your Land” to 160 million viewers of the Super Bowl. Oh, and two football teams played into overtime, and the final score was 34 to 28.

by   -   February 3, 2017

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 traded hands. All in all, another strong month for robotics.

by   -   January 31, 2017

At RoboUniverse in San Diego, agricultural robots and the labor shortage were quickly identified as the biggest issues facing the industry today. Water scarcity and field health were other key issues mentioned, but it’s labor that keeps farmers up at night and robotics that could come to their rescue.

by   -   January 25, 2017
Source: CBS Evening News
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, South Carolina employing 140 new workers.

by   -   January 18, 2017

ARM-logo_1075_422_80_s

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 will be fused with $80 million in federal funding.

by   -   January 16, 2017
Source: swarmfarm
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 market is expected to grow at a double-digit pace through 2022.

by   -   January 13, 2017

drones-toy-drone-aerial-suav

Toy and entertainment drones, camera drones for professional and business use, moon-shot drones and military drones are all becoming more and more distinct as much of the drone industry gets commoditized. Prices are dropping even as impressive new features are added. It’s a difficult time in the drone business.

UPDATED 1/13/2017: SF District Attorney files false advertising suit against Lily Robotics. Details added below.

by   -   January 12, 2017
Sawyer. Image: Rethink Robotics
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 $33 million Series E round led by private equity firm Adveq. 

by   -   December 15, 2016

Businessmen Shaking Hands

Teledyne Technologies, which specializes in deepwater gas and oil exploration and production, oceanographic research, air and water quality environmental monitoring, electronics design and development, factory automation and medical imaging, in an all cash $780 million transaction, will acquire British imaging sensor maker E2V Technologies.





Kickstart Accelerator
April 17, 2017


Are you planning to crowdfund your robot startup?

Need help spreading the word?

Join the Robohub crowdfunding page and increase the visibility of your campaign