Market trends and business perspectives
CMR Surgical, the maker of the “Versius” robotic surgery system, has raised $240 million in its latest funding round.
The company says the new money will enable it to fully fund the global commercialisation of the business.
Since the last funding round in May 2018, CMR Surgical has further accelerated its growth in order to achieve its mission of bringing minimal access surgery to patients around the world. [Read more…] about CMR Surgical raises $240 million in Series C financing
Switzerland-based Teralytics has raised $17.5 million for what is described as “the world’s first intelligent mobility operating system”.
innogy Ventures, the venture capital investment arm of innogy Innovation Hub, has invested in Teralytics as part of a $17.5 million funding round. innogy Ventures and innogy Innovation Hub are backed by innogy SE, a leading German energy company.
The round was led by Robert Bosch Venture Capital, the corporate venture capital company of the Bosch Group. Other participants included Deutsche Bahn Digital Ventures, LBBW Venture Capital and Liil Ventures, as well as existing investors Atomico and Lakestar. [Read more…] about Teralytics raises $17.5 million for ‘world’s first intelligent mobility operating system’
BASF Venture Capital is joining a group of prominent investors in the Series A investment round of Zapata Computing, Inc.
Headquartered in Cambridge, Massachusetts, Zapata is developing both a powerful software platform as well as specific applications for Global 1000 companies to effectively use a range of emerging quantum computing hardware.
By investing in Zapata, BASF Venture Capital supports BASF’s strategic goal to take advantage of the opportunities that digitalisation offers along the entire value chain.
[Read more…] about BASF invests in quantum computing startup ZapataThe biggest event for direct investment in Odense, home to the world-famous Danish robotics cluster, Odense Investor Summit 19, takes place June 26.
The event offers a unique opportunity to see the most promising and exciting technologies in the fields of robotics, drones and health tech plus access to fellow investors and investor networks.
With the prospect of an estimated 2-300 per cent growth by 2025, the Danish robotics cluster has a unique appeal to international investors.
[Read more…] about Denmark conference highlights high-growth robotics companiesTraditional industrial robots tend to be very large and potentially dangerous, which is why they tend to be caged off and kept separate from human workers.
But a new company called Veo Robotics says it has the technology to transform traditional industrial robotic arms into safe machines that humans can work alongside, within close proximity.
Veo’s solution could make every industrial robot a collaborative robot. The term “collaborative” is recognized by international standards organizations and usually applies to much smaller, newer types of robots which are specifically designed to safe for humans to work with. [Read more…] about Veo Robotics could make all industrial robots collaborative
By Henning Gloystein and Vera Eckert, Reuters
Investors are increasingly excited about the prospects for much faster growth in the solar power industry in Southeast Asia, which has until now been a backwater for renewable energy.
They say that the region is in a perfect position to benefit from rapidly declining prices in solar panels. It has strong economic growth, relatively high costs of electricity and a shortage from traditional sources, undeveloped infrastructure in more remote areas, plenty of sunshine, and backing for more renewable energy from many of Southeast Asia’s governments.
“Dramatically falling costs for solar energy technologies means businesses and governments are choosing renewable energy not for environmental reasons but for economic ones,” said Roberto De Vido, spokesman for Singapore-based Equis, one of Asia’s biggest green energy-focused investment firms with $2.7 billion in committed capital. “It simply makes good business sense. And that’s a trend that’s not going to change.” [Read more…] about Solar power revolution ‘unavoidable’ in Asia, says industry expert
Rethink Robotics, maker of the Baxter and Sawyer industrial robots, says it has raised new funds for global expansion and new product development
Rethink Robotics has raised $18 million in new funding as part of its Series E financing round.
The new round includes funding from leading asset manager and private equity investment firm, Adveq, as well as contributions from all previous investors, including Bezos Expeditions, CRV, Highland Capital Partners, Sigma Partners, DFJ, Two Sigma Ventures, GE Ventures and Goldman Sachs.
The funding will support Rethink’s global expansion initiatives and new product development, says the company. [Read more…] about Rethink Robotics raises $18 million in new funding
High net worth investors need and want human advice backed by technology for better recommendations, reporting and access, says InvestEdge
The future of investment advice isn’t a battle of man versus machine, according to a commentary from InvestEdge.
The investment industry is excited – and fearful – about the rise of “robo-advisors”, systems that give automated investment advice. Robo-advisors offer investors lower costs and minimums, and some worry they will wipe out traditional “human” investment guidance. [Read more…] about Investment industry embraces and fears robo-advisors – but bionic advisor may be the better answer
