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MassRobotics unveils participants in healthcare robotics startup competition

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MassRobotics – in partnership with Festo, Mitsubishi Electric, Novanta and Mitre – has announced the participants in the Healthcare Robotics Startup Catalyst Cohort II.

The selected companies are:

  • Acumino;
  • Robot on Rails;
  • Able Human Motion;
  • Andromeda Robotics;
  • Unlimited Robotics;
  • Maestro Surgical Robotics; and
  • Zeta Surgical.

The Healthcare Robotics Startup Catalyst is designed and led by MassRobotics along with Festo, Mitsubishi Electric, Novanta and Mitre. [Read more…] about MassRobotics unveils participants in healthcare robotics startup competition

MassRobotics partners with AMD to advance adaptive computing in robotics

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MassRobotics, an innovation hub and startup cluster focused on the needs of the robotics community, is partnering with chip giant AMD to introduce and deliver technologies to robotics startups.

Through the industrial suite of AMD tools, platforms and an accelerated app store designed for the robotics industry, robotics startups will be able to further develop innovative solutions around automation, mobility, AI and machine vision-related applications.

AMD, widely known for their FPGAs (field programmable gate arrays) and adaptive SoCs (system-on-chips), are bringing offerings, such as the Kria KR260 Robotics Starter Kit and Kria Robotic Stack (KRS), which are focused on bringing easy-to-integrate hardware acceleration of ROS 2 to MassRobotics resident startups. [Read more…] about MassRobotics partners with AMD to advance adaptive computing in robotics

MassRobotics, Festo, Mitsubishi, MITRE and Novanta join efforts to support healthcare robotics startups

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MassRobotics, Festo, Mitsubishi Electric Automation, MITRE and Novanta are calling on startups in the healthcare robotics space to apply to the second Healthcare Robotics Startup Catalyst program.

The objective of the program is to advance healthcare robotics companies by providing the connections, guidance, and resources they need to grow and succeed.

The selected startups will be guided by senior-level mentors from organizing companies and supported to connect with potential customers, investors, suppliers, marketing and more. [Read more…] about MassRobotics, Festo, Mitsubishi, MITRE and Novanta join efforts to support healthcare robotics startups

Bosch makes $250 million available for startups

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Despite the challenging business environment, the Bosch Group is raising its venture-capital funding for the current business year: its subsidiary Robert Bosch Venture Capital (RBVC) is setting up a new fund for startups; the fund has a volume of 250 million euros (approximately $250 million).

As a provider of venture capital, Bosch supports startups around the world whose technologies have the potential to improve quality of life and conserve natural resources.

“Our investments in startups promote technological progress in business and society,” says Dr Stefan Hartung, chairman of the board of management of Robert Bosch. “And we ourselves also benefit from this collaboration, since solutions to ever more complex tasks can frequently be found faster, more efficiently, and better in partnership with others.” [Read more…] about Bosch makes $250 million available for startups

Global robotics venture capital investment reaches $5.7 billion in 2021

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Global robotics venture capital investments reached $5.7 billion in 2021, a 38 percent year-on-year growth, according to a report by ABI Research, a technology intelligence firm.

The growth was driven by successful startups from key markets such as the United States, China, the United Kingdom, and Israel. Leading startups demonstrated strong capabilities in three major domains: mobility, autonomy, and collaboration, specifically human-machine collaboration.

The investment market worldwide was relatively muted in 2020, as fewer deals were concluded due to the Covid-19 pandemic. However, the current labor shortage induced by Covid-19 and the ongoing supply chain crunch are leading more businesses to look for ways to automate labor-intensive, repetitive, and hazardous tasks. [Read more…] about Global robotics venture capital investment reaches $5.7 billion in 2021

SVG Ventures selects 10 startups for accelerator program

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SVG Ventures | THRIVE has chosen 10 global startups selected to join the 8th cohort (THRIVE VIII) of their award winning accelerator program, aimed at the agricultural technology sector.

The 10 companies were selected from an applicant pool of over 800 startups from across 78 countries.

The competitive selection process, conducted in collaboration with THRIVE’s corporate partners, focused on startups’ potential impact on sustainability as well as commercial success. [Read more…] about SVG Ventures selects 10 startups for accelerator program

Toyota Ventures invites innovative ideas for the ‘Factory of the Future’

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Toyota Ventures has launched its third global “call for innovation” to search for early-stage companies that can help make the factory of the future a reality sooner.

In partnership with Toyota’s Manufacturing Project Innovation Center and Toyota Research Institute (TRI), the 2022 call focuses on finding scalable solutions to modernize manufacturing and advance sustainable production.

Through May 31, 2022, qualified entrepreneurs are invited to apply to the call for an opportunity to receive between $500,000 and $2 million in venture capital funding from Toyota Ventures. [Read more…] about Toyota Ventures invites innovative ideas for the ‘Factory of the Future’

PTC provides Onshape design software to MassRobotics for robotic startups

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PTC, a provider of software for digital industry, is partnering with MassRobotics, a Massachusetts-based organization that provides support and resources to startups in the robotics sector.

The new collaboration will see PTC provide free licenses of Onshape, its cloud-native product development platform, to MassRobotics and its resident startups.

With Onshape, MassRobotics’ community of future-minded startups can leverage the latest in cloud product design software for robotics development. [Read more…] about PTC provides Onshape design software to MassRobotics for robotic startups

Novanta partners with MassRobotics to ‘advance next generation of robotics’

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Novanta has agreed a new partnership with MassRobotics to help create and scale the next generation of successful robotics startups.

Through the partnership, Novanta business units Celera Motion and ATI Industrial Automation will collaborate with MassRobotics to develop advanced innovations in medical or surgical robotics and improve robotic productivity.

MassRobotics is an independent, nonprofit organization serving as an innovation hub for robotics and connected devices. Its efforts include providing innovative entrepreneurs and startups with the workspace and resources they need to develop and commercialize their products and solutions. [Read more…] about Novanta partners with MassRobotics to ‘advance next generation of robotics’

Amazon looks to accelerate emergence of innovative robotics startups

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By Grace Reed, product marketing manager for AWS RoboMaker, and Pulkit Kapur, business development manager for robotics and autonomous systems at AWS

Helping startups succeed, from inception to IPO, has been an integral part of Amazon Web Services since its beginning. Today, more startups build on AWS than any other cloud provider, and many of its customers started using AWS at an early stage to help scale their business and drive innovation.

For example, Lunar Outpost, a pioneer in lunar surface robotics, uses AWS RoboMaker to test and validate robotics software in a simulated lunar environment, enabling them to speed up robot delivery and reduce software bugs in deployment.

In this blog post, we discuss how AWS Robotics is helping robotics startups use cloud technology to establish a scalable infrastructure for building, testing, and managing robots. [Read more…] about Amazon looks to accelerate emergence of innovative robotics startups