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Indian robotics startup CynLr raises $10 million Series A funding

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Cybernetics Laboratory (CynLr), which describes itself as an “Indian deeptech robotics startup”, has raised $10 million in a fresh round of Series A funding led by Pavestone and Athera Venture Partners (formerly Inventus India).

This new investment brings its total funding to $15.2 million. Existing investors Speciale Invest, Infoedge (Redstart) and others also participated in this round of fundraising.

CynLr will now expand its 60-member core team to a 120-member global team. Along with expanding its research and software-development team, CynLr will be hiring business and operational leaders, marketing and sales teams across India, US and Switzerland. [Read more…] about Indian robotics startup CynLr raises $10 million Series A funding

CynLr opens first R&D facility in Switzerland

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Cybernetics Laboratory (CynLr), an Indian deep-tech startup specialising in visual object intelligence robotics and cybernetics, has opened its first “International Design & Research Centre” in Switzerland.

The announcement was made during the Swiss-Indian Innovation Week at Unlimitrust Campus in Prilly, headed by Pascal Marmier.

This Swiss Indian Innovation Week is being organised by Innovaud (Vaud’s Innovation and Economic Promotion Body associated with the Swiss Government) in partnership with Switzerland Global Enterprise.

[Read more…] about CynLr opens first R&D facility in Switzerland

Indian robotics company CynLr unveils humanoid made from robot arms

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CynLr, an Indian deep-tech robotics startup specialising in Visual Object Intelligence Robotics and Cybernetics, has launched and showcased what it describes as an “all-purpose, reusable visual robot platform that doubles as a semi-humanoid”.

The company has named the humanoid robot “CyRo”, and unveiled it at the Robotics Summit & Expo in Boston recently.

CyRo, powered by CynLr’s proprietary vision object intelligence stack, is a Multi-arm vision guided robotic manipulator that can intuitively grasp “never seen before” objects, under extreme variable lighting conditions, requiring no lighting engineering, and can even handle complexities like reflective objects, that is objects in transparent/translucent packaging.

[Read more…] about Indian robotics company CynLr unveils humanoid made from robot arms

Mitsubishi Electric to build new factory in India

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Mitsubishi Electric says it will invest approximately 3.1 billion yen ($22.3 million) in its subsidiary Mitsubishi Electric India to establish a new factory in India.

Expected to start operations in December 2023, the new factory will manufacture inverters and other factory automation control system products, expanding the company’s capabilities to meet the growing demand in India.

The rapidly growing Indian market is expanding at an annual rate of about 8% mainly in industries such as automobiles, food & beverage, pharmaceuticals, data centers, and textiles, with further market expansion expected in the future. [Read more…] about Mitsubishi Electric to build new factory in India

NuPort Robotics to take its autonomous trucks and buses to India

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NuPort Robotics, a Canadian autonomous trucking company, says it plans to set up operations in India with a mission to improve safety on Indian roads.

NuPort’s technology provides transportation solutions for heavy-duty commercial vehicles, such as buses and trucks, by enabling next-generation automated vehicles to be more fuel-efficient and safer to operate with enhanced driver experience.

NuPort is targeting the deployment of Level 2 autonomy which includes advanced driver assistance systems, data analysis and driver suggestions – all of which cumulatively lead to safer and more efficient vehicle performance. [Read more…] about NuPort Robotics to take its autonomous trucks and buses to India

Advanced technology adoption will make Indian roads ‘accident-proof’

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A relatively new company called Hi Tech Robotic Systemz (THRSL) says India’s Union Minister Nitin Gadkari’s vision for Indian roads will make vehicles “accident-proof”.

In a recent meeting of the National Road Safety Council (NRSC), the minister advocated for fixed driving hours for commercial truck drivers like that of pilots, as well as a policy mandating on-board sleep detection sensors in commercial vehicles to reduce road accidents in India and give relief to truck drivers.

The logistics sector, which is a key enabler and the backbone of any growing economy, is primarily dependent on drivers who operate for long hours in tough working conditions. [Read more…] about Advanced technology adoption will make Indian roads ‘accident-proof’

Indian government to replace sewage workers with robots by 2020

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An Indian company called GenRobotics has developed a range of robots to undertake work down manholes and in sewage environments, and has been receiving orders from a number of states in its home country as well as many places abroad. 

GenRobotics was launched in relatively quiet circumstances in 2015, but then, last year, the prime minister of India, Narendra Modi, was in attendance at the launch of the company’s second-generation robots.

Malaysia and the UAE are among the outside nations from which orders have been received for GenRobotics machines, and they join Indian states such as Tamil Nadu, in the south, and Haryana, in the north of the massive country of more than 1 billion people. [Read more…] about Indian government to replace sewage workers with robots by 2020

Hanwha Robotics and Wipro team up on Indian cobot market 

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Hanwha Precision Machinery’s Robot Business Division has signed a Memorandum of Understanding with Wipro Infrastructure Engineering (WIN) to establish a local sales and operations office in India.

The partnership combines the core competencies between the two companies: Hanwha’s cobot manufacturing and development capabilities and WIN’s Automation Solutions business and broad sales network in India.

Through this partnership, Hanwha Robotics will be able to sell its factory automation cobots to WIN’s customer base through its sales network.

[Read more…] about Hanwha Robotics and Wipro team up on Indian cobot market 

Foxconn and Apple negotiating with Indian government on manufacturing and retailing

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Apple and its main manufacturer Foxconn are negotiating with the Indian government over the possible establishment of a manufacturing plant and retail stores in the country. 

This is according to reports on the AppleInsider.com website, which quotes India’s Economic Times newspaper.

Indian business regulations require foreign companies to source at least 30 per cent of their goods from local suppliers, a requirement which has stalled Apple’s plan to open up a number of stores in the country of 1 billion people.  [Read more…] about Foxconn and Apple negotiating with Indian government on manufacturing and retailing