Robotics & Automation News

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Software

Augmentus Secures $5 million Series A Funding to Automate High-Mix and Complex Manufacturing with No-Code Robotics

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Augmentus pioneers intelligent, no-code computer vision and robot motion planning, enabling industrial robot programming in minutes instead of days

Augmentus, the global leader in intelligent and no-code robotics software solutions, today announced the successful completion of a USD 5 million Series A funding round. The round was led by Silicon Valley-based venture capital firm Sierra Ventures, along with existing seed investor Cocoon Capital.

Conventional robot programming is both highly fragmented and costly. Robot manufacturers use proprietary programming languages, which require customers to undergo extensive training and expertise to operate their robots, resulting in 75% of lifetime costs being attributed to software and programming.

The industrial robotics software market is projected to reach USD 47 billion by 2030, growing at a CAGR of 27%. Augmentus’ no-code, vision-based robotics system is poised to disrupt this market. [Read more…] about Augmentus Secures $5 million Series A Funding to Automate High-Mix and Complex Manufacturing with No-Code Robotics

Construction automation: Promise Robotics raises $15 million Series A funding

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Promise Robotics, an AI company developing a cloud-based industrial production platform for robotic construction and assembly, has raised $15 million in Series A funding, bringing its total funding raised to date to $25 million.

This round was led by Horizons Ventures with participation from Radical Ventures, PSP Investments, and strategic investors, including United Brotherhood of Carpenters, Relay Ventures, and Alate Partners.

The new funding will help Promise Robotics commercialize its first robotic factory platform to support its growing demand from homebuilders and to continue expanding its product IP in AI, computer vision, and industrialized robotics systems for construction. [Read more…] about Construction automation: Promise Robotics raises $15 million Series A funding

Navigating the Software Development Methodology Maze: A Guide to Project Success

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In the ever-evolving realm of software development, success hinges on one critical decision: the choice of methodology.

This decision is the compass that guides your team through the complex landscape of software creation, influencing everything from project efficiency to the final outcome.

Software development methodologies are not one-size-fits-all solutions. They are tailored approaches designed to meet specific project requirements, and selecting the right one is paramount. [Read more…] about Navigating the Software Development Methodology Maze: A Guide to Project Success

Continental acquires Kinexon’s robot operating systems division

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Continental has acquired Kinexon’s specialist division for on-board operating systems for the intelligent control of autonomous mobile robots (AMR), thereby strengthening its own position in the strategic growth field of mobile robotics.

The core of the acquisition is the “Brain” on-board operating system developed for the precise and networked control of autonomous mobile transport robots, including the IP rights to this market-leading and proven solution.

In addition, the division’s highly qualified development team is moving from Kinexon to Continental. Through this acquisition, Continental is expanding its own depth of value creation, extending its robotics expertise in software and hardware, and thus strengthening its own range of customer solutions for mobile robots. [Read more…] about Continental acquires Kinexon’s robot operating systems division

Evaluating and Selecting the Best Ideas Using Idea Management Software

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In today’s complex and rapidly changing business landscape, innovation is imperative for organizations to stay competitive and drive growth.

However, fostering innovation requires more than just generating ideas – it’s crucial to have a systematic process for evaluating and selecting the best ideas worth pursuing.

This is where idea management software comes in, providing data-driven frameworks to harness collective intelligence and identify the most promising opportunities. [Read more…] about Evaluating and Selecting the Best Ideas Using Idea Management Software

Custom Software Development: Catalyzing New York’s Corporate Ascendancy

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New York stands as a beacon in the commercial and technological world, renowned for its international ties and robust business infrastructure.

In an age where global commerce is more interconnected and corporate dynamics evolve with unprecedented speed, it’s imperative for New York businesses to adopt strategies characterized by flexibility, innovation, and foresight. [Read more…] about Custom Software Development: Catalyzing New York’s Corporate Ascendancy

Selecting the Right Software Development Methodology: A Comprehensive Guide

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In the dynamic world of software development, choosing the right methodology can significantly impact the success of your project.

With an array of options available, it’s crucial to make an informed decision that aligns with your project’s goals, team dynamics, and organizational culture.

This comprehensive guide will walk you through the process of selecting the ideal custom software development company methodology. [Read more…] about Selecting the Right Software Development Methodology: A Comprehensive Guide

PickNik Robotics raises $2 million in pre-seed investment round

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PickNik Robotics, a provider of “unstructured robotics software”, says it has reached a major milestone in its mission to bring robot arms “out of factories and into our everyday lives”.

The company has just raised $2 million in a pre-seed investment round led by Stellar Ventures and Cypress Growth Capital, positioning itself as the dominant force in redefining the robotics industry through its innovative software platforms.

The investment augments PickNik’s existing $5 million in non-dilutive SBIR funding contracts with NASA JSC, NASA Ames, and Space Force. [Read more…] about PickNik Robotics raises $2 million in pre-seed investment round

Personalized Recommendations: Unlocking the Potential of Machine Learning in Retail

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In today’s highly competitive retail landscape, the ability to provide personalized recommendations to customers has become a crucial differentiator for success.

With the rise of e-commerce, customers are inundated with choices, making it increasingly challenging for businesses to capture their attention and drive conversions.

However, advancements in machine learning have opened up new possibilities for retailers to leverage customer data and deliver tailored product recommendations. [Read more…] about Personalized Recommendations: Unlocking the Potential of Machine Learning in Retail

ABB Robotics launches OptiFact to unlock full potential of factory data

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ABB Robotics has released its new modular OptiFact software platform, which streamlines data collection, visualization, and analysis in automated production facilities.

The platform enables users to collect, manage, and analyze data from hundreds of factory devices, including ABB robots, to determine key performance indicators including cycle time and overall equipment efficiency (OEE).

By speeding up diagnostics and decision making, OptiFact increases the production line uptime with less engineering effort, ensuring production can keep pace with customer demand. [Read more…] about ABB Robotics launches OptiFact to unlock full potential of factory data

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