Market trends and business perspectives
HRG Robotics has held its first startup competition, attracting more than 50 investment and technology companies and organisations.
The company says it wants to provide a platform to support innovation and startups.
HRG says startup competitions help connect companies of “great potential” within HRG system with top venture capitalists. [Read more…] about HRG Robotics holds its first startup competition
Mitsubishi Electric Automation has created a “Startup Engagement Program” through its sponsorship of MassRobotics.
MassRobotics, based in Boston, Massachusetts, is an independent, non-profit organization that aims to assist startups and existing technology organizations by providing them the workspace and resources they need to develop, prototype, test, and commercialize their products and solutions.
Through the Startup Engagement Program, Mitsubishi Electric Automation is looking to develop proof of concepts and potential investment opportunities. [Read more…] about Mitsubishi Electric Automation creates startup program through sponsorship of MassRobotics
Omron is making available its Sysmac Studio 3D simulation software available to industrial companies. (See video below.)
The company says it will be the first in the industry to provide such a system, which “can integrate and verify the movements of robots and peripheral devices that make up facilities”.
Omron says its “extensive knowledge and technology of control equipment”, including robots, helped in its development of the software. [Read more…] about Omron launches simulation software for automated factories
On-demand fulfillment services startup Fabric has raised an additional investment to its Series B round from Evolv Ventures, the investment arm of Kraft Heinz, one of the largest global food and beverage companies in the world.
Led by a team of food, startup, and venture capital veterans, Evolv Ventures is focused on strategic investments in emerging technologies across the food value chain.
Their undisclosed additional investment to the $110 million-dollar round is a resounding vote of confidence from a leading food tech investor and the iconic food company. [Read more…] about Fabric raises $110 million in new investment round backed by Kraft Heinz
Yamaha’s agricultural technology investments leader says he is observing the vertical farming market with a view to backing startups in the sector. (See video below.)
In a wide-ranging interview with Robotics and Automation News, Nolan Paul, partner, global agricultural technology lead at Yamaha Motor Ventures & Laboratory Silicon Valley, says he finds vertical farming
“Vertical farming is one of those technologies which has the ability to transform the way food is grown and consumed,” says Paul. [Read more…] about Yamaha looking to invest in vertical farming companies
Formant, a robot fleet management software company, has acquired Formation, a robot teleoperation startup based in Pittsburgh.
Formant will integrate the startup’s solution to enable customers to remotely control their robots through its browser-based, cloud-enabled robot fleet management system.
According to Formant’s CEO, Jeff Linnell, adding teleoperation to Formant’s offerings will create an end-to-end solution that robots-as-a-service companies can leverage to scale their fleets, enabling them to easily manage thousands of robots. [Read more…] about Formant acquires Formation to add robot remote control to its fleet management solutions
A robotic surgery startup in Switzerland claims to have become the first to enable the laser cutting of bone tissue.
Bones in humans have been cut using saw for “thousands of years”, says Advanced Osteotomy Tools, adding that the company now offers the “technology reinvent bone surgery”.
The instrument AOT has developed is called “Carlo”, short for “cold ablation robot-guided laser osteotomes”. [Read more…] about Robotic surgery startup claims to be first to enable laser cutting of bone tissue
by Anna
The BMW Startup Garage – part of the company’s Research, New Technologies and Innovations unit – has been tracking down the most innovative startups in the business for four years now, allowing the BMW Group to tap into their potential quickly and directly.
So far, more than 50 up-and-coming technology companies have completed its startup programme.
The BMW Startup Garage talks with over 1,500 startups from all over the world every year.
by Anna
Mitsubishi Electric Corporation has taken an equity stake in Realtime Robotics, Inc. a U.S. technology startup that develops and commercialises motion-planning technologies.
Motion planning is the process of calculating and determining the optimised path that a robot should take to reach a goal without colliding with any obstacle. Realtime Robotics’ motion path planning solution performs the necessary calculations in real time.
Funding by Mitsubishi Electric is expected to accelerate the development of industrial robot systems offering enhanced safety and performance.
[Read more…] about Mitsubishi Electric takes a stake in Realtime Roboticsby Sam Francis
Anki, a startup company which made robotic toy cars and trucks, is planning to close its doors, according to a report on the Recode website.
The company had raised more than $200 million in funding for the venture, and generated $100 million in revenue in 2017, but is now making all of its 200 employees redundant.
In a statement to Recode, the company says that it had been left “without significant funding” which meant it could not finance its hardware and software development plans going forward.
[Read more…] about Robotic toymaker Anki to close downRobotics and Automation News was established in May, 2015, and is now one of the most widely-read websites in its category.
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