Cowen, a provider of data and information to investors, and tech startup incubator MassRobotics have agreed a partnership to bring together their extensive market knowledge to advance research into the emerging robotics and artificial intelligence industry.
Based in the Boston area, MassRobotics is a global hub for robotics, and the collective work of a group of engineers, rocket scientists, and entrepreneurs focused on the needs of the robotics community.
Jeffrey Solomon, CEO of Cowen, says: “The robotics and artificial intelligence industry is a rapidly expanding market, and one that will define the advancement of manufacturing and services on a global basis.
“We are thrilled to be partnering with such an innovative collective in MassRobotics, which was established through a shared vision of advancing the robotics industry.
“Cowen has dedicated substantial time into the research of robotics and AI and we look forward to sharing our knowledge and capital markets expertise to support the emerging growth companies associated with MassRobotics.”
Fady Saad, co-founder and director of partnerships of MassRobotics, adds: “Cowen has a proven track record of delivering in-depth research across sectors, which allows them to understand the dynamic flow of the markets and provide capital to support emerging companies.
“Collectively we bring together the best of market research and industry knowledge in an effort to advance robotics and provide companies with opportunities for growth.”