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GrayMatter Robotics raises $45 million in Series B funding

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GrayMatter Robotics, an AI-powered robotics developer that claims to provide systems that offer “instant return on investment”, has raised $45 million in Series B funding.

Wellington Management led the round, which also included NGP Capital, Euclidean Capital, Advance Venture Partners, SQN Venture Partners, and other existing investors 3M Ventures, B Capital, Bow Capital, Calibrate Ventures, OCA Ventures, and Swift Ventures.

The $2.5 trillion US manufacturing industry is grappling with a growing backlog of unfilled orders due to a severe labor shortage. Many of these roles are hazardous and demand extensive training, leading to a critical gap of 3.8 million unfilled jobs. [Read more…] about GrayMatter Robotics raises $45 million in Series B funding

Compliance and Regulation in the Robotics Industry

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From the main characters of science fiction books and movies, robots have suddenly become a part of our everyday reality. They count, write, cook, clean, build, and even perform surgeries.

Though it is too early to speak about the rise of machines, the robotics industry has already implemented some limitations for the robots it creates, including legal ones.

What does compliance mean when it comes to machines with intellect, and what regulations control their actions? Let’s discover! [Read more…] about Compliance and Regulation in the Robotics Industry

Waabi raises $200 million to launch fully driverless trucks in 2025

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Waabi, a company pioneering generative AI for autonomous trucks, has raised $200 million in an oversubscribed Series B round, led by Uber and Khosla Ventures. 

The funding round includes participation from best-in-class strategic investors Nvidia, Volvo Group Venture Capital, Porsche Automobil Holding, Scania Invest and Ingka Investments.

Additional financial investors include HarbourVest Partners, G2 Venture Partners, BDC Capital’s Thrive Venture Fund, Export Development Canada, Radical Ventures, Incharge Capital, and others. [Read more…] about Waabi raises $200 million to launch fully driverless trucks in 2025

DHL picks record 500 million items using Locus robots

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DHL Supply, the contract logistics division of DHL, says it has reached the milestone of 500 million picks accomplished using Locus Robotics’ LocusBot autonomous mobile robots.

This achievement underscores the transformative impact of Locus’ AMR technology on productivity and operational efficiency at an unprecedented scale.

The historic 500 millionth pick occurred on May 18, 2024, at DHL’s Toledo, Spain facility, where a LocusBot retrieved a consumer home goods product. [Read more…] about DHL picks record 500 million items using Locus robots

ANYbotics agrees partnership with Energy Robotics

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ANYbotics, a provider of autonomous robotics solutions, and Energy Robotics, a developer of advanced AI-software platforms for autonomous robotics, have agreed a strategic partnership.

The companies say the collaboration will “transform asset monitoring through comprehensive end-to-end inspection solutions and data integration for the energy industry”.

The ANYbotics and Energy Robotics platform integration was recently successfully demonstrated in a leading international energy company’s program to scale automated robot inspections. [Read more…] about ANYbotics agrees partnership with Energy Robotics

Space robotics poised to see ‘explosive growth’, says new report

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Five years ago, NASA launched a mission straight out of a sci-fi blockbuster by deploying its robotic system, Astrobees, on the International Space Station (ISS) to assist astronauts with repair and maintenance.

Fast forward to today, and space robotics has taken a giant leap forward, becoming a hotbed of innovation and investment. This burgeoning field is now at a pivotal moment, poised for explosive growth.

The past three years have seen over 40 pioneering companies enter the space robotics arena, attracting more than $200 million in venture capital, according to Technology Foresights, an innovation intelligence platform by GlobalData, a research, data and analytics company. [Read more…] about Space robotics poised to see ‘explosive growth’, says new report

Renault brings in 191 Exotec robots to fully automate vehicle parts facility

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Renault Group has unveiled its “new-generation” logistics facility in Villeroy, which is “100 percent automated” and equipped with the system from Exotec, a French industrial robotics company.

Renault says the all-French collaboration is a world first for a car manufacturer.

Skypod robots facilitate the work of operators by picking items at height, thereby eliminating the risk of falling. The time it takes to prepare parts orders is thus divided by 6 and the surface of the storage area on the site is reduced. [Read more…] about Renault brings in 191 Exotec robots to fully automate vehicle parts facility

ABB launches next-generation Robotics control platform OmniCore

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ABB Robotics has launched the latest version of robotics control platform, OmniCore, describing it as “an intelligent automation platform that is faster, more precise and more sustainable, to empower, enhance and futureproof businesses”.

The OmniCore platform, the result of more than $170 million of investment in next generation robotics, is a step change to a modular and futureproof control architecture that will enable the full integration of AI, sensor, cloud and edge computing systems to create “the most advanced and autonomous robotic applications”, according to ABB.

Sami Atiya, president of ABB’s Robotics & Discrete Automation Business Area, says: “For our customers, automation is a strategic requirement as they seek greater flexibility, simplicity and efficiency in response to the global megatrends of labor shortages, uncertainty and the need to operate more sustainably.

[Read more…] about ABB launches next-generation Robotics control platform OmniCore

Serve Robotics integrates DriveU’s connectivity platform into fleet robots

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Serve Robotics, a maker of autonomous delivery robots, has integrated DriveU.auto‘s connectivity platform on Serve’s commercially-operated robotic fleet.

Serve will leverage DriveU’s platform to enhance the performance of remote monitoring of its autonomous delivery robots – adding to the suite of tools Serve utilizes as it works to deploy up to 2,000 robots on the Uber Eats platform.

Serve evaluated DriveU alongside competitive offerings and determined that DriveU’s platform provides reliable, low-latency and uninterrupted connectivity that allows robots to share real-time telemetrics, access cloud computing, and enable remote supervision in edge cases. [Read more…] about Serve Robotics integrates DriveU’s connectivity platform into fleet robots

Can Self-Driving Trucks Reduce the Risk of Accidents?

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As autonomous vehicle technology rapidly advances with new self-driving capabilities, the trucking sector and automotive safety regulators envision automation as a pathway towards improving public safety by potentially reducing truck accident rates.

While self-driving trucks aren’t currently deployed outside controlled pilots and testing programs, widespread adoption may be on the horizon.

But can robotic truckers truly outperform human truck drivers when it comes to avoiding crashes, injuries, and loss of life? [Read more…] about Can Self-Driving Trucks Reduce the Risk of Accidents?