Robotics & Automation News

Market trends and business perspectives

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SLAMcore raises $16 million to give spatial understanding to robots and the metaverse

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SLAMcore, a developer of vision-based location and mapping for robots and autonomous machines, has raised $16 million in Series A capital.

The company says the funding will allow the business to rapidly capitalize on its proven technology which combines AI with consumer-grade cameras, sensors and processors to solve the complex challenges of mapping and navigating for a wide range of autonomous machines and devices.

The funding round was led by ROBO Global Ventures and Presidio Ventures who invested alongside Amadeus Capital, Global Brain, IP Group, MMC and Octopus. Strategic investors Samsung Ventures, Toyota Ventures, and Yamato Holdings also joined the round. [Read more…] about SLAMcore raises $16 million to give spatial understanding to robots and the metaverse

A Complete Breakdown of the Online Investment Concept

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The modern world of investment opportunities is filled with an abundance of different notions that will help users easily achieve all of their goals.

This is of great importance, especially if you are just now starting the process of investment. Having all of this in mind, if you want to reach all of the goals that you want to achieve regarding the world of stock investment, then you should make sure that you have the right approach at hand.

This notion will help you establish the perfect starting point that will ultimately lead you to success. As mentioned above, the latest features that are incorporated into this whole segment are tied with the most recent technological updates. This way the creation of the online investment concept is born. [Read more…] about A Complete Breakdown of the Online Investment Concept

Robo taxis to accelerate autonomous public transportation

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The race to advance and autonomous mobility and transportation is heating up. In recent years, the world has witnessed a revolution in the taxi industry with the emergence of ride-booking applications. 

Following the trend, various existing firms have updated their offerings by presenting new taxi booking applications. However, this hasn’t been enough for them.

The advent of artificial intelligence has offered taxi companies the opportunity to bring on new and innovative ideas. One such an innovative idea has turned to be robotic taxis, or robo taxis, the next step of innovation for public transport. [Read more…] about Robo taxis to accelerate autonomous public transportation

Investment funds linked to robotics and AI raise hundreds of millions of dollars in January

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Exchange-traded funds which concentrate on robotics and artificial intelligence investments have raised a total of $870 million in January alone. 

This is according to a report on CNBC, which says one fund – called the Global X Robotics and Artificial Intelligence Thematic ETF, or BOTZ for short – attracted $650 million from investors in January.

There’s still one more day of January to go, but meanwhile, Robo Global Robotics and Automation Index ETF – or ROBO – has taken in almost $220 million.  [Read more…] about Investment funds linked to robotics and AI raise hundreds of millions of dollars in January

Interview: Leading robotics and automation fund manager planning to launch new investment vehicle

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The news that investments in robotics and automation companies have out-performed all other investments on the stock market will only add to the allure of this sector. 

Fuelled by a renewed fascination and technological advancement in artificial intelligence, investors are enthusiastically looking for funds and companies in which to put their money.

There’s very few investments in life or in history that can offer get-rich-quick returns, but certainly a wise investor could make substantial returns if they are careful with their money.  [Read more…] about Interview: Leading robotics and automation fund manager planning to launch new investment vehicle

ABB’s YuMi collaborative robot rings opening bell at Nasdaq stock market

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Collaborative robot YuMi was the – arguably oblivious – guest of Robo Global, creator of the world’s first robotics and automaton investor index series

ABB’s YuMi dual-arm, collaborative robot rang the opening bell today at the Nasdaq MarketSite Studio in Times Square in New York City to start the trading day.

YuMi was a guest of Robo Global, which offers The Robo Global Robotics and Automation Index Series, the world’s first benchmark index series to track the global robotics and automation market.

Greg Scheu, president of the Americas region for ABB, joined YuMi and Robo Global executives at the podium for the ceremony.  [Read more…] about ABB’s YuMi collaborative robot rings opening bell at Nasdaq stock market