Archives for January 21, 2020

TypingDNA Aims to Increase the Adoption of Behavioral Biometrics Worldwide

January 21, 2020 by Liv Leave a Comment

Behavioral biometrics company TypingDNA has announced a successful funding round, capping at $7,000,000.

TypingDNA was founded in Romania in 2016. Since 2018 they have a branch in New York and have raised around $8.8 million to date. Google’s AI-focused venture fund, Gradient Ventures, and EU-based fund GapMinde led the latest funding round.

With their funding secured, TypingDNA hopes to expand the adoption of behavioral biometrics worldwide. They will start by increasing the number of platforms their API can integrate with. [Read more…] about TypingDNA Aims to Increase the Adoption of Behavioral Biometrics Worldwide

Severstal invests in robotics to automate advanced composites manufacturing with Airborne

January 21, 2020 by David Edwards Leave a Comment

Severstal, one of the world’s largest vertically integrated steel and mining companies, has invested in Dutch company Airborne, a developer of robotic and digital automation platforms for the production of composite parts and products with integrated composites.

Severstal joins other investors in this investment round, including Pangaea Ventures, the leading advanced materials venture capital fund, and SABIC, the world’s third largest diversified chemical company.

Airborne has developed and brought to market a unique set of digital technologies that increase the efficiency of carbon fiber composite production by automating the production process. [Read more…] about Severstal invests in robotics to automate advanced composites manufacturing with Airborne

Amazon Robotics building $40 million research and development center in Massachusetts

January 21, 2020 by David Edwards Leave a Comment

Amazon is building a new Amazon Robotics innovation hub in Westborough, Massachusetts, creating 200 tech and advanced manufacturing jobs in the process.

Opening in 2021, the company plans to invest more than $40 million in the new site to allow Amazon Robotics to continue to grow its engineering, manufacturing, support and test teams in the state.

The new 350,000 square feet facility, developed by Atlantic Management of Framingham, Massachusetts, will feature corporate offices, research and development labs, and manufacturing space and will be in addition to Amazon Robotics’ current site in North Reading – together serving as the company’s “epicenter of robotics innovation”. [Read more…] about Amazon Robotics building $40 million research and development center in Massachusetts

Amazon now has 200,000 robots working in its warehouses

January 21, 2020 by David Edwards Leave a Comment

Online retail giant Amazon now has 200,000 robots in operation within its warehouses in the US, according to a report published by Associated Press.

The article, written by Matt O’Brien, doesn’t say where it got the figure, but it could be inferred from the rest of the article that it was provided by Amazon itself.

Amazon first became interested in warehouse robots in a big way when it bought Kiva Systems for $775 million, in 2012. [Read more…] about Amazon now has 200,000 robots working in its warehouses