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Business & Finance

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 10, 2017

I generally pay very little attention when companies issue a press release about an “alliance.” It’s usually not a lot more than a press release, unless there are details on what will actually be built. The recent announcement that Uber plans to buy some self-driving cars from Daimler/Mercedes is mostly just such an announcement.

by and   -   February 8, 2017

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 dog when you aren’t home. What’s not to love about playing with dogs? And yet there is a huge industry growing up around looking after your pet when you simply aren’t available to do it. CleverPet won the 2015 Robot Launch startup competition and took home 1st place at CES 2016.

by   -   February 3, 2017

A recent Conversation piece pointed out that the British electricity mix in 2016 was the cleanest in 60 years, with record capacity from renewable energy, mainly from wind and solar power. But one problem with this great expansion in renewables is they are intermittent, meaning they depend on weather conditions such as the wind blowing or sun shining. Unlike conventional power, this means they can’t necessarily meet surges in demand. Hence many press headlines in recent years about the “lights going out”.

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 and   -   February 1, 2017

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 held at the Automate 2017 Show and Conference in Chicago, Illinois on April 5, 2017. The presenting sponsor of the competition is GE. The event is co-produced with Silicon Valley Robotics.

by   -   January 31, 2017

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 Restoration Robotics, a Silicon Valley based company that’s raised more than $111 M USD in 6 rounds. Restoration Robotics saw a niche for robotics in treating male baldness.

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 24, 2017

forbes_30under30_2015_index

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 conventional wisdom. The list highlights some interesting trends in robotics, AI, intelligence energy storage, and automation.

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 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 and   -   January 12, 2017

HAX-accelerator-robotics-robot-startup

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 some of the ways that accelerators and programs like HAX help grow hardware and robotics startups, including taking them to market.

Here’s an interview with Cyril Ebersweiler, Founder and Managing Director of HAX, excerpted from the new “Service Robotics Case Studies 2” report by Silicon Valley Robotics, the industry association.

by   -   January 6, 2017

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 transaction amounts which totaled up to a colossal $18.867 billion!

by   -   January 2, 2017

Techno-businesswoman-finance

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 was also a phenomenal year with over $1.32 billion  funded.





Sensors for autonomous driving
February 20, 2015


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