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ABB, Nike and a Silicon Valley VC invest $3 million in Grabit
... Grabit, a 2012 SRI International spin-off, secures $3 million in Series A funding from ABB Technology Ventures, Nike and Formation 8, a tech VC in Silicon Valley....
08 October 2013, by
Frank Tobe
Robot startup resources: Pitching
You have a robot prototype or an idea. At some stage you want funding. Here are the two most useful resources for robot startups. Even if you are bootstrapping, using crowdfunding or friendly angels, ...
07 October 2013, by
Andra Keay
Co-robots really ARE a BIG thing
UPDATED: October 6, 2013
Small and medium shops and factories (SMEs) are an untapped marketplace for robotics but direly in need of automation to remain competitive in this global economy. Two ne...
05 October 2013, by
Frank Tobe
Ship hull cleaning & inspection – ideal for robots
... Harvest Automation launched their business after reviewing the top 10 areas where low-cost and often hard-to-find labor was most needed. They chose the ag business.
... Boating and shipping are...
30 September 2013, by
Frank Tobe
3D Robotics gets $30 million to mainstream aerial robotics
... 3D Robotics, the open source unmanned aerial vehicle company headed by Chris Anderson, just got a $30 million infusion of venture funding to enable the company to “mainstream aerial robotics and...
27 September 2013, by
Frank Tobe
A glimpse at our robotic future: 235 start-ups reviewed
Robotic start-up companies range from the whimsical to the amazing, from futuristic to topical, and from hubs of robotic activity in Silicon Valley, Boston, New York City (a new hub) and Switzerland t...
27 September 2013, by
Frank Tobe
MAKO Surgical sells to Stryker for $1.65 billion
... Stryker Corporation (NYSE:SYK) to acquire MAKO Surgical Corp (NASDAQ:MAKO) for $1.65 billion - an action which brought MAKO’s stock from $16 to $29 in one fell swoop.
... Stryker is a medical t...
25 September 2013, by
Frank Tobe
IFR Reports show bright future for robotics industry
... Two new Intl. Federation of Robotics (IFR) world robotics statistical reports covering 2012 with projections to 2016 were released today by the IFR and can be purchased separately or combined at p...
18 September 2013, by
Frank Tobe
Medical robotic systems market to reach $13.6 billion by 2018
... The global medical robotic systems market was worth $5.48 billion in 2011 and is expected to reach $13.6 billion in 2018, growing at a compounded annual growth rate of 12.6% from 2012. Surgical ro...
13 September 2013, by
Frank Tobe
Adept Technologies: Ready to be acquired?
Adept Technologies (NASDAQ:ADEP) has been in the financial news for months. First because of poor financial showings; then because of a management shakeup; and recently because the "turnaround plan" ...
11 September 2013, by
Frank Tobe
Adept’s restructuring is paying off: earnings better and stock higher
... It was just last February that Rob Cain replaced John Dulchinos as CEO of Adept Technology. Cain had worked with Adept for a few months as advisor and representative of Hale Capital Partners and c...
09 September 2013, by
Frank Tobe
FounderDating hardware edition
First crowdfunding, now startup services – hardware is eating the software world. FounderDating launched a hardware vertical on Wednesday, after seeing increasing demand from hardware entrepreneurs ...
28 August 2013, by
Andra Keay
Israeli study on robot adoption suggests new-tech solutions
... A study of small and medium-sized manufacturers (SMEs) in Israel concluded that new tech robots, i.e., those which are easily trainable, relatively safe to work alongside humans, and where user-ro...
24 August 2013, by
Frank Tobe
25 Russian companies added to The Robot Report’s global map of robot providers
... Susan McFarland, of robotguide, a site providing a guide to personal robots, compiled a list of Russian robotics companies which we vetted and posted to our Global Map of Robot Providers.
... 25 ...
23 August 2013, by
Frank Tobe
Venture Capital in Robotics, with Diana Saraceni
Link to audio file (31:13)
Diana Saraceni is a Venture Capitalist at 360 Capital Partners. In this interview, she tells us about her first investment in robotics 3 years ago with Invendo Medical, and...
23 August 2013, by
Per Sjöborg
Remaining Willow Garage employees move to Suitable Technologies | IEEE Spectrum
... In a surprising move, Scott Hassan, CEO of Suitable Technologies, and previous CEO of Willow Garage, has hired most of the remaining employees of Willow Garage leaving only a support staff for the...
22 August 2013, by
Frank Tobe
Funding news
... Neato Robotics - the NJ-based competitor with iRobot’s Roomba vacuum cleaner - raised $14 million in new funding from two VC firms. In 2012, Neato raised $12.2 from two different VC companies....
18 August 2013, by
Frank Tobe
China’s 5-Year Plan targets robotics as a growth industry
... China's 12th 5-Year Plan (2011-15) targeted robotics as a growth industry necessary for China's development. It expects a compound growth rate of 25%, said Wang Weiming, deputy director of the Min...
11 August 2013, by
Frank Tobe
Blabdroid: From Tribeca to Bolt
Alex Reben’s dissertation robot, Boxie “the needy robot” morphed into Blabdroid, the documentary film about making robots. Blabdroid were the official “robots in residence” at the Tribeca ...
31 July 2013, by
Andra Keay
Does crowdfunding derisk robotics?
Crowdfunding is often cited as one of the mechanisms accelerating robot startups, alongside COTS, reduced costs, rapid prototyping, digital manufacturing, smart phones, connectivity etc. The entire pr...
30 July 2013, by
Andra Keay
Dmitry Grishin on evaluating robotic investment opportunities
As part of our series on high-risk, high-reward robotics, and as a follow-up to his recent Robot's Podcast interview, I asked entrepreneur and venture capitalist Dmitry Grishin to talk to us about how...
25 July 2013, by
Dmitry Grishin and Hallie Siegel
iRobot Q3 profits were good but revenue was static
... Stock drops 13% on news that 3Q and next quarter revenues were and will be static.
... Everything else was fine.
... Go figure!...
25 July 2013, by
Frank Tobe
China now largest market for robots
The China International Robot Show CIROS was held July 2-5 in Shanghai. 30,000 people were expected to attend and 56 companies exhibited. Although most of the exhibitors were Taiwanese, Japanese, Kore...
12 July 2013, by
Frank Tobe
Intuitive Surgical stock sinks
... After months of negative news about poorly trained surgeons, class action suits claiming poor communications with shareholders, an FDA review, an article saying that procedure costs were too high,...
10 July 2013, by
Frank Tobe
A dilemma of high-risk / high-reward
Often funding sources - the groups taking the risk - are not the beneficiaries of the rewards of the venture. Intuitive Surgical is an example.
NSF, DARPA and NASA funded a project to solve a very ...
09 July 2013, by
Frank Tobe
Visions of transformative research: Risk-reward, variation-selection, hot trends, exploration of the wild
Over the last 20 years or so, a sense that science has become conservative or incrementalist has developed, and calls for change in the approaches to public funding of research have been heard from va...
08 July 2013, by
Juan Rogers
Robotics Business Review, with Tom Green
Link to audio file (38:23)
In this episode we meet with Tom Green, editor in chief of the Robotics Business Review, to discuss current trends in robotics. Robotics Business Review is a global robotic...
28 June 2013, by
Podcast team
iRobot stock jumps 15% on Q1 earnings and 2013 projections
iRobot’s stock (ISRG:NASDAQ) jumped 15% today on yesterday’s earnings report which exceeded analysts’ expectations for both the quarterly earnings and the annual projections....
24 April 2013, by
Frank Tobe
List of publicly-traded robotics stocks
... Robotics is becoming a big deal and people want to invest in the industry. But choosing robotics stocks is complicated. Many of the companies are international, some are small subsidiaries within ...
02 May 2012, by
Frank Tobe
