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Photo courtesy: Fellow Robots, Inc.
Photo courtesy: Fellow Robots, Inc.

Robotics today is a fast growing industry with applications in myriad markets, including retail, transportation, manufacturing, and even as personal assistants. Fellow Robots is at the forefront of reimagining these uses for the best retail experience – to improve your experience when shopping and to help employees with the most up to date product information and location of goods and services.

Young People In The Robotics ClassroomOATV, or O’Reilly AlphaTech Ventures, is a seed stage investment firm based in San Francisco with a track record of backing robotics startups in emerging areas. As well as investing in Fetch Robotics, some of their other hardware investments include 3D Robotics, Planet Labs, Misfit Wearables, Littlebits and Sight Machine. OATV typically invest between $250,000 and $2 million into startups at a critical early stage of development. This pre-revenue runway helps startups refine their prototypes, determine product/market fit, and achieve strong follow on rounds. OATV invests early, typically before market categories are well defined.

After years of flying under the venture capital (VC) radar, the robotic industry is finally starting to see a remarkable growth in funding traction. In 2014, VC investments in robotics rose 36% to $341.3 million up from $250.7 million in 2013, according to Travis Deyle’s annual robotics review.

The practice of Enterprise IT is being transformed by a variety of innovations that emerged in the last decade. Vendors who have traditionally sold into this space are struggling to adapt. They are facing the Innovators Dilemma, largely captive to their traditional business models. We can expect a similar dynamic of disruption for the field of service robotics. Cloud computing, Software as a Service, and mobile connectivity represent an important competitive opportunity for every robotics-focused company, and the future of the service robotics industry is inevitably one of Robotics as a Service.



Robot Operating System (ROS) & Gazebo
August 6, 2019


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