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dexterous robotics

Generalist AI raises $400 million to scale robot intelligence platform

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Generalist AI, a startup developing foundation models for robotics, has raised $400 million in new funding as it seeks to accelerate the development of what it calls “physical AGI” – artificial general intelligence capable of operating in the physical world through robots.

The funding round values the company at approximately $2 billion and brings its total capital raised to more than $500 million.

The round was led by Radical Ventures, with participation from 8VC, Union Square Ventures, Hanabi Capital and Norwest. Existing investors including Nvidia’s NVentures, Boldstart Ventures, Spark Capital, Bezos Expeditions and NFDG also participated. [Read more…] about Generalist AI raises $400 million to scale robot intelligence platform

Kirisense wins funding to develop robotic fingertips that can sense touch and slip

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UK robotics startup Kirisense has secured funding from the Henry Royce Institute to develop advanced tactile sensing technology designed to give robots a more human-like sense of touch.

The project, supported through the Henry Royce Institute’s Industrial Collaboration Programme and delivered in partnership with the University of Sheffield, will focus on creating robotic fingertips capable of detecting shear forces and slip in real time.

The funding comes as the robotics industry increasingly turns its attention from perception to manipulation. While advances in artificial intelligence and machine vision have significantly improved what robots can see and understand, handling objects reliably remains one of the sector’s biggest challenges. [Read more…] about Kirisense wins funding to develop robotic fingertips that can sense touch and slip

Mimic Robotics raises $16 million to deploy ‘frontier physical AI’ across industries

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Mimic Robotics, a Zurich-based startup which prefers lower-case m, has raised $16 million in funding led by Elaia, alongside Speedinvest, to deploy its “frontier physical AI” across industries, enabling robots to handle complex, dexterous tasks that conventional machines cannot.

This heavily oversubscribed seed round also included participation from Founderful, 1st kind, 10X Founders, 2100 Ventures and Sequoia Scout Fund, bringing mimic’s total funding to over $20 million.

The new capital will accelerate the development of mimic’s foundation AI model and humanoid robotic hands, and advance deployments with leading global industry players. [Read more…] about Mimic Robotics raises $16 million to deploy ‘frontier physical AI’ across industries