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Warehouse automation company Fetch Robotics raises $46 million in latest funding round

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Fetch Robotics, a provider of warehouse automation technologies, has raised $46 million in its Series C round of funding.

The round was led by Fort Ross Ventures, with additional participation from CEAS Investments, Redwood Technologies, TransLink Capital and Zebra Ventures.

All existing investors – O’Reilly AlphaTech Ventures, Shasta Ventures, Softbank Capital and Sway Ventures – also participated in this round. [Read more…] about Warehouse automation company Fetch Robotics raises $46 million in latest funding round

New Scale Robotics launches ‘first multi-tool mount system’ for smallest collaborative robots

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New Scale Robotics has launched what it says is “the first multi-tool mounting system for the smallest collaborative robots”.

The new NSR-MTM-3-URe Multi-Tool Mount (NSR-MTM) System allows users to mount and control up to three grippers or other tools on one Universal Robots (UR) e-Series cobot. [Read more…] about New Scale Robotics launches ‘first multi-tool mount system’ for smallest collaborative robots

Opinion: The new wave of robotic arms helps small businesses

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New robots save money and boost innovation through ‘desktop-to-notebook integrated design’, says Johnson Zhu of Elephant Robotics

High acquisition costs of new technology are harming small businesses that can’t afford to go all-in like the big companies.

Robotics are the lifeblood of large industrial plants and big companies, enabling them to automate multiple tasks while increasing productivity.

Smaller businesses, on the other hand, can’t afford to create innovative products or services or rapidly scale by using the same formula, because they’re in a different league game. [Read more…] about Opinion: The new wave of robotic arms helps small businesses

ABB Robotics to develop collaborative robot solutions for healthcare

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ABB is to introduce collaborative robots to medical laboratories as it opens a new healthcare hub at the Texas Medical Center (TMC) innovation campus in Houston, Texas.

The facility will be ABB’s first dedicated healthcare research centre when it opens in October 2019.

ABB’s research team will work on the TMC campus with medical staff, scientists and engineers to develop non-surgical medical robotics systems, including logistics and next-generation automated laboratory technologies.

[Read more…] about ABB Robotics to develop collaborative robot solutions for healthcare

More than $4 billion invested in robotics companies

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Robotics continues to attract more and more attention within the world of venture capital and private finance, with over $4 billion invested in robotics companies in 2018 alone.

But some companies are standing out more than others in innovation that will advance the entire robotics industry. Global tech market advisory firm, ABI Research, has released a report highlighting the 15 key hot tech innovators currently leading in their respective markets through novel technology solutions.

Rian Whitton, senior analyst at ABI Research, says: “Not only are these Hot Tech Innovators propelling the robotics industry forward but also, by looking at their innovations, we can deduce several trends that will have a ripple effect across the board.” [Read more…] about More than $4 billion invested in robotics companies

Panasonic launches initiative to encourage ‘social integration of robots’

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Panasonic has launched an initiative to promote robot development via open co-creation. The “Robotics Hub” is the central axis of Panasonic’s quest to integrate robots into society in the near future.

Nine years ago, in 2010, the New Energy and Industrial Technology Development Organization (NEDO), one of the largest public research and development management organisations in Japan, released some very curious data.

In their future market projections of domestic robot turnout, they forecast a sharp expansion of robots in the services field by 2035. By “services field,” it is meant medical care, logistics, nursing and welfare, cleaning, security and so forth.

[Read more…] about Panasonic launches initiative to encourage ‘social integration of robots’

AMP Robotics launches new AI dual-robot system for the recycling industry

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AMP Robotics, a pioneer in artificial intelligence and robotics for the recycling industry, has launched its new AMP Cortex dual-robot system (DRS) focused on material recovery in municipal solid waste, electronic waste, and construction and demolition.

The AMP Cortex DRS expands on its existing product line of high-speed recycling robotics guided by the AMP Neuron AI platform and uses two high-performance robots that rapidly sort, pick, and place materials at a speed of 160 pieces per minute.

AMP Neuron uses computer vision and machine learning to recognise different colours, textures, shapes, sizes, and patterns to identify material characteristics.

[Read more…] about AMP Robotics launches new AI dual-robot system for the recycling industry

AMP Robotics and Ryohshin partner on automation for construction recycling

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AMP Robotics, a pioneer in artificial intelligence and robotics for the recycling industry, and waste management technology company Ryohshin are to make and sell AI-driven industrial robotics for material recovery in the Japanese construction and demolition market.

The companies also announced the commercial launch of a high-performance construction and demolition robotic systems now available in Japan.

Ryohshin and AMP have co-developed a robotic system using the AMP Neuron AI platform to guide high-performance robots that recognise, sort, pick and process construction and demolition debris for recycling. The two robotic systems are called “AI-Benkei” and “AI-Musashi”.

[Read more…] about AMP Robotics and Ryohshin partner on automation for construction recycling

Cowen and MassRobotics agree to collaborate in robotics and artificial intelligence

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Cowen, a provider of data and information to investors, and tech startup incubator MassRobotics have agreed a partnership to bring together their extensive market knowledge to advance research into the emerging robotics and artificial intelligence industry.

Based in the Boston area, MassRobotics is a global hub for robotics, and the collective work of a group of engineers, rocket scientists, and entrepreneurs focused on the needs of the robotics community.

Jeffrey Solomon, CEO of Cowen, says: “The robotics and artificial intelligence industry is a rapidly expanding market, and one that will define the advancement of manufacturing and services on a global basis. [Read more…] about Cowen and MassRobotics agree to collaborate in robotics and artificial intelligence

DJI unveils the RoboMaster S1 educational robot 

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DJI, a leader in civilian drones and aerial imaging technology, has taken a step into educational technology by launching the RoboMaster S1, the company’s first ground-based robot.

The S1 was built to introduce new users to the fun and possibilities of robotic technology, with brushless motors, a chassis that can move in all directions, a high-precision gimbal, and interactive modes for programming, play, and competition.

S1 users can assemble designated and custom hardware, learning to manoeuvre the rover, programming with Python or Scratch and competing with friends in multiple modes.

[Read more…] about DJI unveils the RoboMaster S1 educational robot