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KMel Robotics acquired by Qualcomm Technologies | Philadelphia Business Journal
KMel Robotics has been acquired by Qualcomm Technologies, a global tech company based in San Diego. KMel's founders, two University of Pennsylvania graduates, announced the news on their company's we...
04 February 2015, by
Hallie Siegel
January fundings are off to a great start!
Rethink Robotics, Xenix, Rapyuta, Perceptron, Skydio, Sarcos and JIBO have all announced substantial fundings for a wide range of robotic ventures. Plus there are some new funders joining the fray....
02 February 2015, by
Frank Tobe
What’s next for the commercial drone industry?
With the commercial use of drones to increase in the coming years, we wanted to take a look at where we are today and take a quick look at what is just around the corner....
27 January 2015, by
Ben Fisher
Clamor for Bay Area and Silicon Valley talent
Silicon Valley and the whole San Francisco Bay area have such an abundant talent pool that global companies and startups alike are setting up research labs and offices there to secure engineering and ...
26 January 2015, by
Frank Tobe
2014 fundings, IPOs, acquisitions, and failures (Updated)
From the 2014 archives of The Robot Report: 30 fundings, acquisitions, IPOs and failures with some staggering figures. UPDATED Jan 20, 2015 to include additions from Travis Deyle's Hizook blog, and o...
20 January 2015, by
Frank Tobe
Rethink Robotics gets $26.6 million Christmas gift
UPDATED Jan 8: In an unannounced funding discovered by Boston Globe reporter Scott Kirsner, [tweetquote]Rethink Robotics sold equity and received $26.6 million a few days before Christmas[/tweetquote]...
08 January 2015, by
Frank Tobe
40% annual growth forecast for Chinese robotics
Song Xiaogang, president of CRIA, China’s Robotics Industry Association, said that the number of robots sold in China in 2014 would reach 50,000; up from 36,860 in 2013....
07 January 2015, by
Frank Tobe
How robotics is changing the face of Business Process Outsourcing
In my world (I am an outsourcing advisor) the robots I deal with do not have arms and legs, or wheels, but are set to have just a big an impact on my industry as any of the physical robots have had on...
07 January 2015, by
Andrew Burgess
Robotics 2014 in a word: MORE
The list of top stories in robotics for 2014 is a story of "MORE": MORE uses of and for robots; MORE serious discussions about robots; MORE robots in unusual places; MORE news in the financial press; ...
18 December 2014, by
Frank Tobe
Robot Startup Series #7: Interview with Soft Robotics’ Carl Vause
[tweetquote]Soft robotics is finally leaving the research lab and entering the real world. [/tweetquote] One of the companies leading the way is a Boston-based startup that is commercializing the inn...
18 December 2014, by
Andra Keay
South Korean gov’t robotics budget grows 8.3%, to almost $146 million (US) in 2015
South Korea has finalized its 2015 robotics budget at around $145.8 million (US), an increase of about 8.3 percent from last year. ...
17 December 2014, by
Jong-Oh Park
10.1% CAGR projected for material handling robots through 2020
UPDATED 12.16.14: Robots for palletizing, logistics, packaging, and speciality materials handling (e.g.: in life science labs and for pharma, food and beverage, semiconductor and electronics) are pro...
15 December 2014, by
Frank Tobe
25% of KUKA shares trade hands
Voith GmbH, among the biggest family-owned businesses in Europe, acquired 25% of robot maker Kuka AG by buying the shares held by Grenzebach GmbH.
The transaction was valued at €555 million ...
08 December 2014, by
Frank Tobe
GoPro to start making drones
[tweetquote]GoPro is to start making its own line of drones and have them ready for release as early as Christmas 2015.[/tweetquote] Early indications of price point range from $500 to $1,000 for the ...
04 December 2014, by
Ben Fisher
Ozobot, Knightscope, HiBot and Airware all get funding
UPDATED 12.03.14 Four interesting funding announcements: Ozobot got $2 million; HiBot got $3.1; Knightscope got $3.7; and Airware got an undisclosed amount but from a substantial partner, GE Venture...
02 December 2014, by
Frank Tobe
Google commits $1.36 billion for NASA facility, to house their robotics, space and flight technologies
Google subsidiary Planetary Ventures has committed to a 60-year $1.16 billion lease of the 1,000 acre Moffett Field Naval Air Station. The agreement includes an additional $200 million to refurbish th...
12 November 2014, by
Frank Tobe
ABB invests in AI startup Vicarious
ABB Technology Ventures, the VC arm of ABB, joins a long list of notables investing in artificial intelligence startup Vicarious Systems that include Peter Thiel, Jeff Bezos, Mark Zuckerberg, Elon Mu...
11 November 2014, by
Frank Tobe
Latest research report shows 10.4% CAGR for robotics to 2025
Boston Consulting Group (BSG) recently released a global robotics market study that projects industry growth of 10.4% CAGR (Compounded Annual Growth Rate)....
10 November 2014, by
Frank Tobe
ROBO-STOX® introduces European Robotics and Automation Index
ROBO-STOX® licenses their proprietary index to ETF Securities to provide European investors with highly diversified access to a new age of growth in robotics and automation....
06 November 2014, by
Frank Tobe
Google news: Rubin leaves; Pichai promoted to #2; and Google invests in Magic Leap
Andy Rubin leaves Google; Sundar Pichai promoted to #2 man at Google; and Google invests in $542 million B funding for Magic Leap....
31 October 2014, by
Frank Tobe
How a bunch of startups are trying to make a business case for robotics in India | TechCircle
Robotics startups have been mushrooming over the last two years. Why? One may ask and be tempted to think that certain natural and man-made calamities forced the entrepreneurs behind these startups to...
29 October 2014, by
Hallie Siegel
Just launched: Fellow Robots’s OSHbot
Fellow Robots, in partnership with Lowes Hardware, today launched the OSHbot as a customer assistant robot at the Orchard Supply Hardware store in San Jose. Although the robot can only give informatio...
28 October 2014, by
Andra Keay
2013 IFR stats; RIA Q3 results for US set new records
The International Federation of Robotics (IFR) recently released their annual statistical recap and four-year forecast for the robotics industry. The IFR produces two research books: one that covers...
27 October 2014, by
Frank Tobe
IBM reinvents itself by establishing a frontier homestead for cognitive computing | Forbes
At the forefront of IBM’s reinvention journey is a $1 billion investment in Jeopardy-winning Watson, which it hopes will usher in a new era of “cognitive computing.” Earlier this month, Rometty ...
27 October 2014, by
Hallie Siegel
Google adds to DeepMind, acquiring 2 UK startups and partnering with Oxford U
In January, 2014, Google acquired London-based DeepMind Technologies for $643 million. Now it is adding to that purchase with two more companies, ten new hires and a substantial contribution to Oxford...
27 October 2014, by
Frank Tobe
Seegrid files for Chapter 11 protection
Seegrid filed for Chapter 11 bankruptcy protection earlier this week. The bankruptcy judge authorized Seegrid to borrow from its lender and biggest shareholder, Giant Eagle, so that it could continu...
24 October 2014, by
Frank Tobe
Medrobotics, Monsieur and Arago get funding
Venture funding is continuing to flow. Three recent recipients: $20 million to Medrobotics, $2 million to Monsieur and $55 million to Arago AG....
22 October 2014, by
Frank Tobe
KUKA acquires Swisslog for $357 million
Late last month KUKA made a public offer to Swisslog shareholders to purchase their shares at 8.9% above the market price. Swisslog’s Board of Directors have recommended that the offer be accepted....
20 October 2014, by
Frank Tobe
4 reports predict steady growth for robotics
Four recent research reports covering service robots, vision guided robotics, material handling robots, and robot component speed reducers, all predict steady growth, particularly in China....
15 October 2014, by
Frank Tobe
RobotShop continues acquisition spree
RobotShop, one of Canada's fastest growing small companies, continues to expand and acquire. Its most recent acquisition is FlyingEinstein, a Florida-based manufacturer that designs and...
14 October 2014, by
Frank Tobe
