Robohub.org
 

February was another good month for robotic investments

by
28 February 2015



share this:
_feb15x

February was another big month for investments in robotic startup companies, including 3D Robotics, Flyability, Fetch Robotics, EHang and many others.

Equity and crowd fundings:

  • 3D Robotics raised $50M in a Series C round bringing total investment to date of $85M. Qualcomm was the principle investor in this round and 3DR intends to use the funds to expand R&D and begin using Snapdragon processors and Qualcomm sensors.
  • Fetch Robotics gets $3M to bring their new mobile manipulator to market and to hire up to 10 positions in addition to their present 10-member team. Fetch intends to display a research edition of their new robot at ICRA in May in Seattle.
  • RoboCV, a Russian startup and developer of a range of autopilot vehicle products, got $3 to scale up activities for robotizing mobile vehicles (forklifts, warehouse and mine tugs and tows) with vision, navigation and collision avoidance systems.
  • Flyability wins $1M award in a UAE-sponsored contest entitled ‘Drones for Good.’ The same organization has set up a new contest: ‘Robotics for Good.’ The goal is to encourage robotics innovation that benefits society in the areas of education, healthcare and social services. Two prizes will be given: a national prize worth 1M AED, and an international prize worth $1M USD.
  • Ehang Ghost Drone gets $10M funding and $857,851 from IndieGoGo. The $10M Series A round actually happened on December 30, 2014 but it wasn’t widely publicized. They also received $858k from their IndieGoGo campaign, which concluded mid January.
  • Sight Machine raised $5M to help manufacturers use advanced technology to get a handle on their data, particularly small datasets which are generally characterized as data describing what tracked objects are doing, e.g.: does the soil have the right mixture of nutrients or what is that mobile robot seeing?
  • Somabar got $312,717 from a Kickstarter campaign for their stylish wifi-enabled cocktail maker and app.
  • iCamPRO got $250,000 from an IndieGoGo campaign for their omnidirectional security camera with motion detectivation and follow capability. iCamPRO is a brand of Amaryllo Intl, an Amsterdam-based Dutch consumer and security products provider.

Not really an equity funding, but a fund for equity investing, Bolt, a Boston-based hardware accellerator and venture capital firm, completed funding of an investment fund of $25M to enable investing in new ventures bringing complex connected hardware products to market, some of which are robotic. Bolt established a new San Francisco facility (they share with Autodesk Pier 9 Workshop) and plan to to focus on SV startups and invest up to $500k per startup.

Acquisitions:

Perceptron continues its acquisition spree by purchasing Coord 3 for approximately $15 million. Coord 3 is an Italian provider of metrology equipment and has a line of measurement robots. Perceptron develops, produces, and sells 3D machine vision solutions for measurement, inspection, and robot guidance in industrial applications.

Failures:

And finally, Intuitive Automata and their little diet robot Autom ran out of money and failed. CEO and founder Cory Kidd has moved on to another San Francisco-based startup: Catalia Health.



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 :



ep.

353

podcast

Autonomous Flight Demo with CMU AirLab – ICRA Day 1, with Sebastian Scherer

Sebastian Scherer from CMU's Airlab gives us a behind-the-scenes demo at ICRA of their Autonomous Flight Control AI. Their approach aims to cooperate with human pilots and act the way they would. h...
24 May 2022, by
ep.

352

podcast

Robotics Grasping and Manipulation Competition Spotlight, with Yu Sun

Yu Sun, previous chair of the Robotics Grasping and Manipulation Competition, speaks on the value that this competition brought to the robotics community.
21 May 2022, by
ep.

351

podcast

Early Days of ICRA Competitions, with Bill Smart

Bill Smart, one fo the early ICRA Competition Chairs, dives into the high-level decisions involved with creating a meaningful competition.
21 May 2022, by

New imaging method makes tiny robots visible in the body

Microrobots have the potential to revolutionize medicine. Researchers at the Max Planck ETH Centre for Learning Systems have now developed an imaging technique that for the first time recognises cell-​sized microrobots individually and at high resolution in a living organism.
20 May 2022, by

A draft open standard for an Ethical Black Box

Within the RoboTIPS project, we have developed and tested several model of Ethical Black Boxes, including one for an e-puck robot, and another for the MIRO robot.
19 May 2022, by

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





©2021 - ROBOTS Association


 












©2021 - ROBOTS Association