Uber, the global ride-sharing transportation company, has named two replacements to recover from the recent firing of Anthony Levandowski who headed their Advanced Technologies Group, their OTTO trucking unit, and their self-driving team. Levandowski was fired May 30th.
May 2017 had two robotics-related companies get $9.5 billion in funding and 22 others raised $249 million. Acquisitions also continued to be substantial with Toyota Motor’s $260 million acquisition of Bastian Solutions plus three others (where the amounts weren’t disclosed).
Andy Rubin, who developed the Android operating system at Google then went on to lead Google through multiple acquisitions into robotics, has launched a new consumer products company. Anthony Levandowski, who, after many years with Google and their autonomous driving project, launched Otto which Uber acquired, was sued by Google, and just got fired by Uber.
Here’s a video you will want to watch. “The Wolf: The Hunt Continues” is really an ad showing how a hacker can enter a network through an unprotected printer (or robot). Christian Slater stars as the evil hacker.
SoftBank, the giant telecom company, is venturing out into the world of robotics and transportation services. DealStreet Asia said that SoftBank is trying to transform itself into the ‘Berkshire Hathaway of the tech industry’ with the recent launch of a $100 billion technology fund.
UPDATED 5/24/17: SoftBank’s acquisition of 4.9% of the outstanding shares of Nvidia Corp.
Why are so many farm equipment manufacturers so heavily involved in the ag industry yet things are going so slowly in relation to robotics? Perhaps farmers need to first incorporate the digital era — and the concepts and practices of precision agriculture — before taking the next step toward the use of robots.
After reading the press releases for this batch of 24 research reports, although they vary widely in their forecasts, they almost all agree that most segments of the robotics industry are expected to grow at a double-digit pace at least through 2022.
April 2017 had 16 robotics-related fundings totaling over $337 million – a fourth solid month for 2017 – $995 million year-to-date. Acquisitions also continued to be substantial with ABB’s $2 billion acquisition of Bernecker & Rainer, plus Baidu, iRobot and Cognex each making strategic acquistions. And there was some IPO activity (but no new stocks).
Most of us are familiar with the podcasts about robotics from the Robots Podcast group. For different perspectives, from the funder’s point of view, here’s a list of podcasts from the VC’s that fund robotics and technology ventures — funders like Andreessen Horowitz, Kleiner Perkins, Greylock Partners and Y Combinator.
CBS News, and reporter David Pogue, displayed some new technologies threatening jobs, while the International Federation of Robotics suggested that deploying robots actually increases jobs. Are either true? Or both?
March 2017 had 29 robotics-related startups get funding totaling over $222 million – another solid month for 2017 and $658 million year-to-date. Acquisitions also continued to be substantial with Intel’s eye-popping $15 billion acquisition of Israeli Mobileye. Plus, there were three IPOs.
February fundings for 16 robotics-related startups totaled over $313 million – another solid month for the new year. Acquisitions also continued to be substantial with Ford’s acquisition of Argo and Midea Group’s purchase of Servotronix. Plus there were two IPOs.
Argo AI, a Pittsburgh startup, has sold a majority share of their company to Ford Motor Co. which has agreed to invest $1 billion over a five-year schedule but will immediately become the majority shareholder. Both companies declined to disclose further details.
The International Federation of Robotics forecast that the global market for vacuum cleaning robots, lawn-mowing robots and other household cleaning robots will grow at a compound annual growth rate (CAGR) of 33% through 2019. Other research reports say the market will reach $2.5 billion by 2020 at a CAGR of 15%.