Robohub.org
 

Two Boston notables get more money

by
07 November 2013



share this:

Cyphy Works, the UAV developer with the tether solution, raises $7 million from VCs and angel investors.
… Funds will be used to expand Cyphy Works efforts in surveying and situational awareness for agriculture, mining, construction, oil & gas, insurance and others.

… CEO Helen Greiner, who was previously the co-founder and President of iRobot, said, “The opportunity to bring flying robots to commercial sectors is truly exciting. We are building a reliable and robust platform that is differentiated from hobbyist class UAVs, and is specifically designed for field operations in rough real-world conditions.”
Rethink Robotics gets $11.5 million Series D funding from VCs, previous investors and Bezos Expeditions, bringing total funding thus far to $73.5 million. Rodney Brooks, Rethink’s CTO, was also a co-founder of iRobot as well as Director of MIT’s CS and AI lab.
… Rethink said the funding will be used as growth capital for continued expansion. When the company ships its 1,000th Baxter, perhaps other financing may be available – like an IPO?




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 :



Robot Talk Episode 86 – Mario Di Castro

In the latest episode of the Robot Talk podcast, Claire chatted to Mario Di Castro from CERN all about robotic inspection and maintenance in hazardous environments.
24 May 2024, by

Congratulations to the #ICRA2024 best paper winners

The winners and finalists in the different categories have been announced.
20 May 2024, by

Robot Talk Episode 85 – Margarita Chli

In the latest episode of the Robot Talk podcast, Claire chatted to Margarita Chli from the University of Cyprus all about vision, navigation, and small aerial drones.
17 May 2024, by

What’s coming up at #ICRA2024?

Find out what's on the programme at the IEEE International Conference on Robotics and Automation.
10 May 2024, by

Octopus inspires new suction mechanism for robots

Suction cup grasping a stone - Image credit: Tianqi Yue The team, based at Bristol Robotics Laboratory, studied the structures of octopus biological suckers,  which have superb adaptive s...
18 April 2024, by

Open Robotics Launches the Open Source Robotics Alliance

The Open Source Robotics Foundation (OSRF) is pleased to announce the creation of the Open Source Robotics Alliance (OSRA), a new initiative to strengthen the governance of our open-source robotics so...





Robohub is supported by:




Would you like to learn how to tell impactful stories about your robot or AI system?


scicomm
training the next generation of science communicators in robotics & AI


©2024 - Association for the Understanding of Artificial Intelligence


 












©2021 - ROBOTS Association