Robohub.org
 

CyPhy Works and Righthand Robotics get funded

by
15 October 2015



share this:
funding-methods

The varied world of robotics appears to be in favor with venture capitalists.  CyPhy Works just got $22 million to scale up building UAVs for the consumer market, and Righthand Robotics got $3.3M to enable development of their smart robotic order-picking system.


CyPhy-hover-1100x733CyPhy Works
, with this $22M “B” round of funding, added three new strategic partners: UPS Strategic Enterprise Fund, Motorola Solutions Venture Capital and VC Bessemer Venture Partners. CyPhy Works got its start as a drone maker by building technology to inspect bridges, dams and other infrastructure facilities. Its tether technology enabled it to stay aloft indefinitely, stream what it sees in high definition, and have its communications be secure and unjammable. These capabilities make their drones valuable to defense, security, police, fire fighers and search operators as well.

Recently, in a Kickstarter campaign that raised almost $900,000, CyPhy added a new trick to its arsenal of unique technologies: level and smooth flight without the use of gimbaling devices (it has to do with using six rotors instead of four). It is this latter product that is being readied for the consumer market with some of the funding in this “B” round.

CyPhy has raised $35.35M since launching in 2010.


RightHand-Robotics-handRightHand Robotics
received $3.3M in funding from unknown sources to continue development of its low-cost automatic grasping technology for use with material handling and bin picking. RightHand’s technology doesn’t require per-object programming or setup; rather, with flexible grasping and fingertip barometric and tactile sensors, items can be grasped by “feel”.

RightHand’s rubber-jointed fingers bend to match the shape of objects, gripping them without software controls. The hand can also move into different configurations, depending on the size and shape of the object being grasped. Robotic arms fitted with RightHand’s compliant hand can grasp a wide variety of items from shelves, bins, or cases, and the company is pursuing studies in e-commerce order fulfillment, flexible manufacturing and other material handling marketplaces.



tags: , ,


Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.
Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.





Related posts :



Unable to attend #ICRA2022 for accessibility issues? Or just curious to see robots?

There are many things that can make it difficult to attend an in person conference in the United States and so the ICRA Organizing Committee, the IEEE Robotics and Automation Society and OhmniLabs would like to help you attend ICRA virtually.
17 May 2022, by
ep.

350

podcast

Duckietown Competition Spotlight, with Dr Liam Paull

Dr. Liam Paull, cofounder of the Duckietown competition talks about the only robotics competition where Rubber Duckies are the passengers on an autonomous driving track.
17 May 2022, by

Designing societally beneficial Reinforcement Learning (RL) systems

In this post, we aim to illustrate the different modalities harms can take when augmented with the temporal axis of RL. To combat these novel societal risks, we also propose a new kind of documentation for dynamic Machine Learning systems which aims to assess and monitor these risks both before and after deployment.
15 May 2022, by

Innovative ‘smart socks’ could help millions living with dementia

‘Smart socks’ that track rising distress in the wearer could improve the wellbeing of millions of people with dementia, non-verbal autism and other conditions that affect communication.
13 May 2022, by

Swiss Robotics Day showcases innovations and collaborations between academia and industry

The 2021 Swiss Robotics Day marked the beginning of NCCR Robotics’s final year. The project, launched in 2010, is on track to meet all its scientific goals in the three areas of wearable, rescue and educational robotics, while continuing to focus on supporting spin-offs, advancing robotics education and improving equality of opportunities for all robotics researchers.
10 May 2022, by

Afreez Gan: Open Source Robot Dog, Kickstarter, and Home Robots | Sense Think Act Podcast #18

In this episode, Audrow Nash speaks to Afreez Gan, who is the founder and CEO of MangDang; MangDang is a Chinese startup that makes Minipupper, an open source robot dog that uses the Robot Operating S...





©2021 - ROBOTS Association


 












©2021 - ROBOTS Association