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Figure raises $70 million Series A to support commercialization of Figure 01 humanoid robot

May 27, 2023 by Mark Allinson

A robotics startup called Figure, an AI Robotics company building general purpose humanoid robots, has raised $70 million in its Series A funding round. The company says the new funding will be used to accelerate the development of Figure 01, which is the company’s autonomous humanoid robot, build out Figure’s AI data pipeline for autonomous operations, and drive towards commercialization.

The round is led by Parkway Venture Capital and joined by participating investments from Brett Adcock, Aliya Capital, Bold Capital Partners, Tamarack Global, FJ labs, and Kuka Robotics CEO Till Reuter. This funding news comes on the heels of Figure’s emergence from stealth.

Figure is building humanoid robots designed for initial deployment into the workforce to address labor shortages and to support supply chain on a global scale. In recent months, Figure made notable hires across AI, Controls, Manipulation, Perception, and Commercial Operations. [Read more…] about Figure raises $70 million Series A to support commercialization of Figure 01 humanoid robot

Filed Under: Humanoids, News Tagged With: ai, capital, commercialization, figure, figures, humanoid, operations, robotics, support

Benefits of Choosing ChinaDivision Crowdfunding Fulfillment Service

May 17, 2023 by David Edwards

By choosing ChinaDivision’s crowdfunding fulfillment service, you can streamline your operations, expand your global reach, and provide an exceptional experience for your backers.

By leveraging ChinaDivision’s crowdfunding fulfillment service, you can shift your focus from the logistical complexities to the core aspects of your project – product design, development, manufacturing, and improvement.

This strategic partnership allows you to transform mind-blowing ideas into astonishing and highly lucrative products.

6 Reasons to Use ChinaDivision Crowdfunding Fulfillment Service

1. Seamless Order Fulfillment

ChinaDivision offers a crowdfunding fulfillment service that ensures your orders are processed smoothly and efficiently. From the moment a backer pledges support to your campaign, ChinaDivision takes care of the entire fulfillment process, including inventory management, order processing, and shipping logistics.

This allows you to focus on your core business activities while leaving the complexities of order fulfillment to the experts.

2. Global Warehousing Network

ChinaDivision boasts a vast global warehousing network strategically located in key regions around the world. This network enables efficient and cost-effective shipping to backers worldwide, reducing transit times and optimizing the delivery process.

With warehouses strategically positioned, you can ensure faster order processing and reduced shipping costs for your crowdfunding campaign.

3. Affordable logistics fulfillment costs

ChinaDivision warehouse locates in Shenzhen, China, customers can enjoy the near-source fulfillment center and affordable labor at the same time.

More than that, with years of experiences in global shipping, ChinaDivision has developed long-term and deep cooperation with world-leading express carriers and international postal services, which makes it possible for customers to get multiple shipping options and discounted shipping fees.

4. Flexible shipping methods

Both Kickstarter and Indiegogo require the project creator to set a clear time line for the project. The time line shows the crowdfunding project creator has carefully thought over the steps they need to take.

A specific time line gives the backers confidence and gives them the sense of participation. ChinaDivision provides multiple shipping methods for crowdfunding campaign runners, thanks to the rich global shipping experiences, ChinaDivision can estimate the delivery time more accurately, leaves more time for product improvement.

5. Customizable Packaging and Branding

ChinaDivision understands the importance of branding and provides customizable packaging options to enhance your brand’s identity. From custom packaging design to including promotional materials or inserts, you can create a memorable unboxing experience for your backers.

This attention to detail helps to reinforce your brand’s value and leave a lasting impression on your customers.

6. Advanced Order Tracking and Customer Support

With ChinaDivision’s crowdfunding fulfillment service, you gain access to advanced order tracking systems and dedicated customer support. Backers can easily track their orders in real-time, ensuring transparency and building trust.

In addition, ChinaDivision’s experienced customer support team is available to assist backers with any inquiries or concerns promptly. This level of support enhances customer satisfaction and fosters positive relationships with your backers.

By choosing ChinaDivision’s crowdfunding fulfillment service, you can streamline your operations, expand your global reach, and provide an exceptional experience for your backers.

With their expertise in logistics and fulfillment, you can focus on creating and promoting your crowdfunding campaign with confidence, knowing that your orders will be handled professionally and efficiently.

With ChinaDivision’s support, your crowdfunding journey becomes a remarkable success story, bringing your awe-inspiring ideas to life and reaping substantial rewards.

Filed Under: Business Tagged With: backers, campaign, chinadivision, chinadivision's, choosing, crowdfunding, customer, customers, experience, focus, fulfillment, global, logistics, network, order, orders, packaging, project, service, shipping, support, time

Mitsubishi Electric agrees strategic investment in Otto Motors to accelerate industrial automation

May 15, 2023 by Mai Tao

Mitsubishi Electric, a factory automation solutions provider, has agreed a strategic investment in Clearpath Robotics, the parent company of autonomous mobile robot leader, Otto Motors.

With more than 4 million hours of production experience, Otto Motors’ pioneering autonomous mobile robot (AMR) technology and award-winning software are used by Fortune 500 companies to deliver productivity and safety in material handling operations.

The investment expands the strategic relationship between Otto Motors and Mitsubishi Electric, and strengthens the two companies’ commercial collaboration. [Read more…] about Mitsubishi Electric agrees strategic investment in Otto Motors to accelerate industrial automation

Filed Under: Logistics, News Tagged With: accelerate, ahead, automation, autonomous, companies, continued, electric, industrial, investment, leader, mitsubishi, mobile, motors, otto, relationship, robot, strategic, support

K-Startup Grand Challenge 2023 from South Korea: The Most Remarkable Global Accelerator Program Invites Applications from Tech Startups

May 1, 2023 by Mark Allinson

15-week residency program open for technology startups seeking to expand to Asia

The K-Startup Grand Challenge (KSGC), South Korea’s largest accelerator program, has opened applications for its 2023 edition.

Overseen by the Ministry of SMEs and Startups and organized by the National IT Industry Promotion Agency, KSGC is accepting startup applications from April 10 to May 18, 2023.

The program aims to assist foreign startups looking to enter the Korean market and explore business opportunities in Asia. The 2023 edition of the accelerator, running from July 25 to November 10, will focus on deep tech startups. [Read more…] about K-Startup Grand Challenge 2023 from South Korea: The Most Remarkable Global Accelerator Program Invites Applications from Tech Startups

Filed Under: Business Tagged With: business, challenge, grand, k-startup, korea, korean, ksgc, program, startup, startups, support, tech

Maxon partners with MassRobotics to support advancements of drive technology in robotics

April 26, 2023 by Mark Allinson

MassRobotics and Maxon have agreed a partnership to support the robotics innovation ecosystem through collaboration and exploration of motion control technologies around automation and manufacturing-related applications.

With Maxon’s extensive expertise and knowledge of electric drives, this partnership will support and advance the latest innovations and technologies in motion control with automation-focused companies in the robotics sector.

Based in the Boston area, MassRobotics is the first and largest independent nonprofit robotics startup escalator in the world whose mission is to grow and support robotics innovators and entrepreneurs. [Read more…] about Maxon partners with MassRobotics to support advancements of drive technology in robotics

Filed Under: Engineering, News Tagged With: applications, automation, control, drive, massrobotics, maxon, partnership, robotics, support, systems, technologies, technology

Fugro marine robots locate World War II ship 80 years after tragic sinking

April 23, 2023 by Mark Allinson

In an extraordinary mission that took nearly five years of planning, Fugro has played a key role in locating the wreck of the Montevideo Maru, one of the worst international maritime disasters in history.

In close partnership with the Silentworld Foundation and the Rabaul and Montevideo Maru Society, and support from Australia’s Department of Defence, Fugro used their unparalleled deepwater hydrographic and oceanographic expertise to successfully identify the wreckage of the Japanese transport ship at a depth of more than 4,000 metres off the coast of the Philippines.

The Montevideo Maru was carrying approximately 1060 prisoners of war and civilians when it was sunk by an American submarine in 1942 during World War II. [Read more…] about Fugro marine robots locate World War II ship 80 years after tragic sinking

Filed Under: Features, Marine Tagged With: australia, defence, department, foundation, fugro, history, hydrographic, ii, international, maritime, maru, montevideo, oceanographic, philippines, ship, silentworld, support, team, terrible, tragedy, war, wreck, years

Segula Technologies opens new offices in the Middle East

April 18, 2023 by Mark Allinson

Segula Technologies, a global engineering group, is launching its Middle East business through establishing two offices to support its customers in the energy, aerospace, defence, rail, manufacturing, naval, and automotive sectors, covering the full scope of competencies from design to manufacturing engineering.

Segula’s new offices are located in Masdar City in Abu Dhabi, United Arab Emirates, and in Cairo, Egypt.

The Middle East is a strategic market, rapidly growing and developing industry 4.0 solutions and energy transition process. [Read more…] about Segula Technologies opens new offices in the Middle East

Filed Under: Business, News Tagged With: automotive, business, customers, east, energy, engineering, expertise, group, industry, manufacturing, masdar, middle, offices, rail, segula, skilled, solutions, support, technologies, transition

Scythe Robotics unveils its first open source CANopen stack

April 6, 2023 by David Edwards

Scythe Robotics, a developer of commercial-grade autonomous solutions for the professional landscaping industry, has unveiled its first open source release.

CANfetti is a CANopen compliant stack developed to overcome the limitations of existing libraries.

Written and refined over the past several years by Scythe’s firmware and software teams, CANfetti significantly lowers the barrier to entry with an open source, easy to use, and production-grade library for robust CANopen communications. [Read more…] about Scythe Robotics unveils its first open source CANopen stack

Filed Under: Computing, News Tagged With: canfetti, canopen, complex, components, developed, firmware, integrate, libraries, limitations, open, overcome, robotics, robust, scythe, software, source, stack, support

Robots vs CNCs: What’s better for working metal?

March 23, 2023 by Mark Allinson

By David Alatorre, CTO, Rivelin Robotics

The use of metal additive manufacturing has revolutionized the manufacturing industry, allowing for the creation of complex and intricate parts in a faster and more cost-effective manner.

However, essential post processing of these parts introduces time and financial constraints to the overall cost-per-part that can negate the benefits of additive manufacturing altogether. Support removal is the critical first step of post processing metal additive manufacturing parts, and it is a challenging one.

Today, supports are still essential for part fidelity during the manufacturing process, but they must be removed to achieve the required finished product with the intended shape, features and tolerances. [Read more…] about Robots vs CNCs: What’s better for working metal?

Filed Under: Features, Manufacturing Tagged With: additive, automation, cnc, design, manufacturing, metal, parts, removal, robots, support, supports

Qualcomm releases ‘groundbreaking IoT and robotics’ platforms

March 22, 2023 by Mark Allinson

Qualcomm Technologies has launched what it says are “the world’s first” integrated 5G IoT processors that are designed to support four major operating systems, in addition to two new robotics platforms, and an accelerator program for IoT ecosystem partners.

These new innovations will empower manufacturers participating in the rapidly expanding world of devices at the connected intelligent edge.

The need for connected, intelligent, and autonomous devices is growing rapidly, and it is expected to hit $116 billion by 2030 according to Precedence Research. Businesses attempting to compete in this fast-moving economy need a reliable source of control and connectivity technology for their IoT and robotic devices. [Read more…] about Qualcomm releases ‘groundbreaking IoT and robotics’ platforms

Filed Under: Computing Tagged With: connected, connectivity, devices, edge, industrial, iot, major, operating, platforms, processors, qcm, qcs, qualcomm, range, robotics, support, systems, technologies, windows

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