businesses

Brain Corp raises $36 million to meet ‘growing demand for autonomous robots’

April 28, 2020 by Sam Francis Leave a Comment

Brain Corp, a developer of artificial intelligence systems for the robotics industry, has raised $36 million in Series D funding to “help meet the growing demand for autonomous mobile robots”.

The company says the growth is being generated by retail, healthcare, airports, education and other industries now on the front lines of the coronavirus health crisis.

The round was led by returning investor SoftBank Vision Fund 1, and includes new investors ClearBridge Investments, and Satwik Ventures, and an additional investment from Qualcomm Ventures. [Read more…] about Brain Corp raises $36 million to meet ‘growing demand for autonomous robots’

Brain Corp launches $1.6 million ‘Robot Relief’ program to support essential businesses

April 23, 2020 by Sam Francis Leave a Comment

Brain Corp has launched a $1.6 million “Robot Relief” program to support essential businesses.

The company says it will make its technology available to qualifying organisations that are helping in the fight against the coronavirus outbreak.

Commercial cleaning robots provide verifiable, consistent cleaning at a time when customer and employee safety has never been more important. [Read more…] about Brain Corp launches $1.6 million ‘Robot Relief’ program to support essential businesses

Fabric raises $110 million in new investment round backed by Kraft Heinz

February 26, 2020 by Sam Francis Leave a Comment

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

BICS powers first intelligent exoskeleton with global connectivity

February 22, 2020 by David Edwards Leave a Comment

BICS, a global communications enabler, is providing global internet-of-things connectivity and asset management for a pioneering exoskeleton developed by German Bionic.

The Cray X is the first connected asset from the Robot-as-a-Service (RaaS) provider and marks the first instance of a European manufacturer developing, producing and deploying smart exoskeletons for use in industrial production.

Designed to support and enhance the wearer’s movements, German Bionic’s Cray X reduces the risk of accidents and excessive strain for employees in sectors that involve repetitive but unpredictable heavy lifting. [Read more…] about BICS powers first intelligent exoskeleton with global connectivity

How does automation within the UK compare to the German industry?

October 31, 2019 by Liv Leave a Comment

In a world where everything we do and the majority of the processes for the products we produce are automated, is the UK lagging behind when compared to its German counterpart?

With other countries advancing far quicker than the UK, and robotics and automation swiftly being rolled out within many businesses, it’s time Britain changed its mindset and got involved in what is being known as, the “Fourth Industrial Revolution”.

Studies found that in 2015 the UK had 10 robots for every million hours worked, compared with 133 in Germany, and by 2017 the UK represented a mere 0.6 per cent of industrial robotics shipments. [Read more…] about How does automation within the UK compare to the German industry?

Opinion: Robots are the solution, not the problem, to the workplace safety challenge

October 11, 2019 by David Edwards

By Richard Mawson, sales manager UK and Ireland at OnRobot

Since the mid-twentieth century, robots have been implemented by businesses worldwide to enhance efficiency and multiply productivity levels.

However, while the introduction of robotic equipment in industrial contexts undoubtedly helped organisations increase their profits and revenues, it also transformed the working environments.

Safety concerns inevitably arose. [Read more…] about Opinion: Robots are the solution, not the problem, to the workplace safety challenge

Opinion: The new wave of robotic arms helps small businesses

July 22, 2019 by Mai Tao

New robots save money and boost innovation through ‘desktop-to-notebook integrated design’, says Johnson Zhu of Elephant Robotics

High acquisition costs of new technology are harming small businesses that can’t afford to go all-in like the big companies.

Robotics are the lifeblood of large industrial plants and big companies, enabling them to automate multiple tasks while increasing productivity.

Smaller businesses, on the other hand, can’t afford to create innovative products or services or rapidly scale by using the same formula, because they’re in a different league game. [Read more…] about Opinion: The new wave of robotic arms helps small businesses

Raytheon and United Technologies aerospace businesses to merge

July 17, 2019 by Anna

Raytheon Company and United Technologies have entered into an agreement to combine in an all-stock merger of equals.

The transaction will create a premier systems provider with advanced technologies to address rapidly growing segments within aerospace and defence.

The merger of Raytheon, a leading defence company, and United Technologies, a leading aerospace company, comprised of Collins Aerospace and Pratt & Whitney, will offer a complementary portfolio of platform-agnostic aerospace and defence technologies.

Cashier-less shopping ‘not in demand’ for US small businesses

July 10, 2019 by Anna

Small businesses should keep their cashiers, according to the 2019 Cox Business Consumer Pulse on Small Businesses in the US.

The Amazon Go cashier-less shopping model is only of growing interest among respondents ages 18-29 – up eight percentage points from last year. Seventy-seven percent of surveyed consumers prefer to interact with other people at the checkout.

The preference for person-to-person interaction likely has to do with the level of service small businesses deliver. Fifty-three percent of surveyed consumers said small businesses provide better customer service than larger businesses.

Elephant Robotics launches collaborative robot

June 28, 2019 by Mai Tao

Elephant Robotics has unveiled a collaborative robot, called “Catbot”, saying it is one of the new generation of smart assistant robotic arms. The cobot is available for pre-order, with delivery scheduled for August.

Human-robot collaborations are happening across factories worldwide, yet very few are using it for smaller businesses, due to high costs or the difficulty of customization, says the company.

Elephant Robotics, a startup from Shenzhen, China – or the “Silicon Valley of Asia”, as Elephant describes it – has set its sight on helping smaller businesses gain access to smart robotics. [Read more…] about Elephant Robotics launches collaborative robot