Robotics & Automation News

Market trends and business perspectives

investment

Bowe Group leads $8.2 million investment round in robot software company Mov.ai

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Bowe Group, a provider of integrated automation technology, has led an $8.2 million investment round in Mov.ai, a startup specializing in autonomous mobile robots software.

The investment round includes Mov.ai’s existing investors State of Mind Ventures, NFX, and Viola Ventures.

Automation is playing an increasingly important role in the supply chain, specifically in intralogistics, with robots at the forefront of this trend. [Read more…] about Bowe Group leads $8.2 million investment round in robot software company Mov.ai

Numurus secures $2 million to grow its open-source robotic applications software business

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Numurus, a robotic solutions company and developer of NEPI, a commercial open-source software solution for robotic and smart sensing applications, has secured $2 million in funding led by Tokusui Corporation of America.

The startup says the funds will help it to establish its position in the rapidly growing robotics and smart sensing markets.

Combined with previous funding, this investment fortifies Numurus’ first-to-market entrance with its fully-developed NEPI software suite that focuses on edge artificial intelligence (Edge AI), sensor and data abstraction, and system interfacing. [Read more…] about Numurus secures $2 million to grow its open-source robotic applications software business

ABB invests in Scalable Robotics to expand welding systems portfolio

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ABB is entering into a strategic partnership with US-based startup Scalable Robotics, to enhance its portfolio of user-friendly robotic welding systems.

Through 3D vision and embedded process understanding, the Scalable Robotics technology allows customers to easily program welding robots without the need for coding.

ABB Technology Ventures (ATV), the venture capital unit of ABB, will be the lead investor in Scalable’s seed funding investment round. ABB did not disclose the level or the terms of the investment. [Read more…] about ABB invests in Scalable Robotics to expand welding systems portfolio

How investfox connects traders with the best possible brokers with the help of filters?

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Getting your feet wet in the investment industry is a bit of a complicated process. The first thing you need to do to make your trading process more efficient and beneficial is to find a financial service provider that will furnish you with proper tools, charts, trading platforms, accounts, and so forth.

As the demand for brokers increases as time goes by so does the competition between the financial companies. All of this makes it hard to find the most suitable brokerage for you. On top of that, as the investment space expands more and more scum and fraud cases are skyrocketing.

Investfox.com – a newly launched European startup – comes with solutions. This is a platform that aims to make the investment industry more transparent with the use of both experts and user-generated reviews and in addition to that, the process of choosing the right broker for you can become quite simple for both novice or seasoned traders. [Read more…] about How investfox connects traders with the best possible brokers with the help of filters?

Increased Productivity With Palletizing Automation

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In recent decades, the field of robotics and the development of artificial intelligence has grown to unimaginable proportions. Today, robotic services, automatic counting and record-keeping systems, and other gadgets are increasingly seen in the workplace. 

While such technology is just beginning its journey in everyday life, it has long occupied its niche in manufacturing. Thanks to their many advantages, more and more robots are appearing in the workplace. Why do we trust them so much and is it profitable? [Read more…] about Increased Productivity With Palletizing Automation

Fanuc plans to double Michigan campus to accommodate ‘automation demand’

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Fanuc, the world’s largest manufacturer of industrial robots, has launched a West Campus expansion that will push its operational space in Oakland County, Michigan to nearly two million square feet.

The construction will include a 655,000 square foot state-of-the-art facility to house manufacturing, engineering and R&D projects.

This investment in Michigan’s growing manufacturing area includes the purchase of 67 acres of land as well as the site of the former Thomas M. Cooley Law School Campus, which will provide future growth in the education of the next generation of robotics and automation workers. [Read more…] about Fanuc plans to double Michigan campus to accommodate ‘automation demand’

On-demand manufacturer Fictiv secures $100 million in funding

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Fictiv, an on-demand manufacturing startup, has closed a $100 million Series E funding round.

The investment will advance Fictiv’s mission to accelerate product innovation with an expanded focus on decreasing supply chain risk through its best-in-category technology and product experience.

This unique combination of benefits helps Fictiv’s customers tackle both the continuous, competitive pressures to innovate faster and address the relentless, daily supply chain disruptions. [Read more…] about On-demand manufacturer Fictiv secures $100 million in funding

Oil Trading: Which Place is Popular for Investment?

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Oil trading is a popular investment choice for many people. There are several reasons why people choose to invest in oil, including the fact that it is a finite resource essential for many industries. To learn more, click öl-profit.de.

Oil prices can also be volatile, leading to profitable opportunities for investors. Several different places are famous for oil trading. One of the most crucial variables to consider when picking a site is whether or not the surroundings are under official or governmental supervision.

Some countries have very lax regulations surrounding oil trading, making it easier to profit. [Read more…] about Oil Trading: Which Place is Popular for Investment?

Fictiv secures $100 million in funding to solve ‘urgent supply chain risks’

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Fictiv, a provider of on-demand manufacturing, has closed a $100 million Series E funding round.

Fictiv says this investment will advance its mission to accelerate product innovation with an expanded focus on decreasing supply chain risk through its best-in-category technology and product experience.

This unique combination of benefits helps Fictiv’s customers tackle both the continuous, competitive pressures to innovate faster and address the relentless, daily supply chain disruptions. [Read more…] about Fictiv secures $100 million in funding to solve ‘urgent supply chain risks’

Lenovo opens first European manufacturing facility in Hungary

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Computer giant Lenovo has officially opened the doors to its first in-house manufacturing facility in Europe.

Based in Ullo, Hungary, the factory focuses primarily on building server infrastructure, storage systems and high-end PC workstations used by customers throughout the Europe, Middle East, and Africa region.

Extending Lenovo’s international manufacturing operations, the investment represents significant economic potential for both the private and public sectors in Hungary, with increased production capacity, greater potential for collaboration with local vendors, and the creation of new job openings. [Read more…] about Lenovo opens first European manufacturing facility in Hungary