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$100M in new capital for one of our largest investments from MVP Fund I. From the beginning, we have said Cobot represented a hole-in-one for MVP’s investing philosophy. Here's why:   TEAM: Cobot’s CEO Brad Porter led all robot hardware initiatives across Amazon — accelerating the program to over half a million robots and accounting for nearly 40% of all industrial robots deployed globally in the last 5 years. Steph Tryphonas, Jane Mooney, and the rest of the team are elite across robotics, hardware, and autonomous software. TECH MOAT: Building a generalizable robotics platform to work alongside humans performing a variety of tasks. This is a very difficult problem with no current winner. Succeeding will bring a wide moat across both hardware and software. They went from founding to robot in paying customer hands in just 20 months 😱. MAJOR INDUSTRY: In just "Material Mover" jobs in the US alone, there are 6.4 million employees, costing $196 billion and a 1M employee labor shortage ($30B). This is getting worse. Adding the tangential markets, and there is an opportunity to build a $100B+ business. TRACTION: I can't share much here, but they have significant traction already. Keep an eye out over the coming months / years for announcements. INVESTORS: This was already an unbeatable investor syndicate with Sequoia Capital, Khosla Ventures, and us. Add General Catalyst and Lux Capital to the mix, and the cap table is truly stacked. This is but one stop on the journey. Let's get after it.

Collaborative Robotics 𝐑𝐚𝐢𝐬𝐞𝐬 $𝟏𝟎𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐅𝐮𝐧𝐝𝐢𝐧𝐠   Collaborative Robotics is an innovative company developing AI-enabled collaborative robots for industrial applications. At the heart of Collaborative Robotics' technology lies the integration of AI algorithms into their robots, enabling them to adapt and learn from their environment in real time. This advanced capability empowers the robots to perform a wide range of tasks with precision and efficiency, while also being responsive to changes in the production environment. Collaborative Robotics has raised $100 million in a Series B round led by General Catalyst. Existing investors Sequoia Capital, Khosla Ventures, Mayo Clinic, Neo, 1984 Ventures, MVP Ventures, and Calibrate Ventures participated as well, along with Bison Ventures, Industry Ventures, and Lux Capital. In total, Collaborative Robotics has raised over $140 million to date.   Collaborative Robotics, Santa Clara, California, United States, was founded in 2022 by Brad Porter. “Getting our first robots in the field earlier this year, coupled with today’s investment, are major milestones as we bring cobots with human-level capability into the industries of today,” said founder and CEO Brad Porter. “We see a virtuous cycle where more robots in the field lead to improved AI and a more cost-effective supply chain. This funding will help us accelerate getting more robots into the real world.”

GreyOrange Raises $135 Million GreyOrange Inc. is a robotics startup that has gained worldwide recognition for its ability to transform traditional warehouses into highly efficient, fully automated facilities. The company offers a range of robotic solutions that streamline warehouse operations, enhance efficiency, and reduce costs. By analyzing data collected from various sensors and incorporating real-time feedback, the robots become smarter over time, making them even more efficient and adaptable. This intelligent system allows warehouses to operate at peak efficiency, minimizing errors and maximizing throughput. GreyOrange has announced the first close of its Series D round at $135 million. Anthelion Capital led the round, which also featured returning investments from Mithril Capital Management LLC, 3State Ventures, and Blume Ventures. GreyOrange was valued at $500 million in April 2021.    GreyOrange, Atlanta, Georgia, United States, was founded in 2012 by Akash Gupta, Samay Kohli, and Wolfgang Hoeltgen. “As we scale our technology and enhance customer experiences and operational efficiency, we recognize that keeping the needs of our customers at the center of our product and solution roadmap has proven essential for our customers’ success, as well as our own,” said Akash Gupta, co-founder and CEO of GreyOrange. “This Series D funding amplifies our commitment to leadership within the AI and robotics orchestration space and affirms our thought leadership within this market.”

Happy to report that GrayMatter Robotics has raised series B round led by Wellington Management. I co-founded GrayMatter Robotics in 2020 with two of my former PhD students Ariyan Kabir and Brual Shah to develop smart robotic cells to meet challenging requirements of high-mix manufacturing applications. We have come a long way since our early days. GrayMatter Robotics now employs more than 70 people. We have an amazing team at GrayMatter Robotics and it is truly a joy to be a part of the team! GrayMatter Robotics' smart robotics cells are currently installed in many factories in the US. Application areas include aerospace & defense, specialty vehicles, marine & boats, metal fabrication, sports equipment, and furniture & sanitary ware. Robotic cells in manufacturing application are often justified based on their potential to reduce manufacturing costs and deal with the labor shortage. I believe that our solutions have much broader societal benefits that go beyond cost reduction. We have shown the following four benefits realized by deploying our smart robotic cells: 1. Reduction in ergonomically challenging tasks in surface finishing applications by 90%. This is helpful in reducing injury risks for human workers in factories.  2. Reduction in consumable (e.g., sandpaper) use by 30 to 50% and elimination of rework. This directly translates into making manufacturing operations more sustainable and reducing manufacturing waste that goes to landfill. 3. Enabling companies to grow their businesses despite significant labor shortages. For example, ambulance and firetruck manufactures will be able to reduce their backlogs by deploying our technology.   4. Upskilling manufacturing workers by offering them training to operate robotics cells and creating new career pathways for them.  It is gratifying to see our ideas making an impact in the real-world applications and improving the quality of life for people in the manufacturing sector.  #robotics #manufacturing

Vayu Robotics, an AI company providing high-quality, low-cost robotics solutions, announced a seed financing round of $12.7 Million led by Khosla Ventures, with participation from Lockheed Martin Ventures, ReMY Investors & Consultants and others. Vayu is a non-traditional robotics company taking a principles-first approach to solve for cost and ease of deployment through two key technologies: a foundation model for mobility and a disruptive low-cost sensing technology that could replace lidar in many mid-range applications. This round of funding will enable Vayu to scale product development for AI robotics across markets, including last-mile delivery, factory automation and automotive. https://lnkd.in/geKAY_u7

NEW LABOR MODELS IN LOGISTICS If the Yellow bankruptcy highlights the risks of high-cost labor and Teamsters battles, what is the alternative? Increasingly, we are seeing smart logistics companies deploying technology to automate processes, reduce labor dependency, and create higher-margin supply chain services. "Cobots" reflect this trends. More and more supply chain firms are deploying collaborative robot technology. The Collaborative Robotics $30 million raise led by Sequoia Capital is the latest example. Kudos to the team, as well as to Khosla Ventures, Mayo Clinic, Calibrate Ventures, Neo Ventures, and 1984 Ventures. Are you seeing cobot deployment in logistics? #logistics #robotics #cobots #investment https://lnkd.in/eTgwhha3

Three years ago, Stage Venture Partners backed Ariyan Kabir, Brual Shah , and Satyandra K. (SK) Gupta's startup, GrayMatter Robotics. Today, GrayMatter revealed their $45 million Series B, led by Wellington. In the past three years, GrayMatter's robots have handled 7.5 million square feet of products, streamlining tasks such as sanding, grinding, and finishing high-performance surfaces. This innovative automation addresses urgent labor shortages, enabling U.S. manufacturers to meet demand efficiently. Technology like GrayMatter's is crucial for American factories, and the company is just scratching the surface in revolutionizing high-tech production processes. https://lnkd.in/gJaUfDZq

Top 10 Robotics Process Automation Startups of 2024 https://lnkd.in/gC-BVUGu These pioneering Robotics Process Automation startups are reshaping industries with innovative technologies and forward-thinking approaches. #RPAInnovation #AutomationSolutions #RoboticTechnology #StartupTrends #BusinessAutomation #IW #IWNews #IndustryWired

🌟🤖 Big Leap in Robotics Innovation: TechNexus Venture Collaborative Investment in Invert Robotics! 🚀🌍 I'm thrilled to share our role in the latest funding round for Invert Robotics, a company at the forefront of robotics and non-destructive testing technology. Invert Robotics, with its impressive growth and focus on safety and sustainability, aligns perfectly with our vision at TechNexus. Their cutting-edge robotics technology, designed for high-precision inspections in challenging environments, is not just a game-changer for industries but also a step forward in creating safer work conditions and efficient asset management. From inspecting wind turbines to ensuring safety in the food and beverage industry, their impact is widespread. At TechNexus, we're not just investing in companies; we're investing in visions that reshape industries and enhance safety and sustainability in the global workplace. Proud to be part of this journey with Invert Robotics, and looking forward to what our combined forces will achieve in the future! #venturecapital #innovation #robotics #sustainability #deeptech #safeworkplace

" We founded GrayMatter to enhance productivity while prioritizing workforce well-being," said Ariyan Kabir, co-founder and CEO. "With our physics-based AI-powered systems, we are fulfilling our mission while unlocking new levels of efficiency and productivity. With our investors' support, we are making a real difference for shop workers and addressing the critical labor shortages in manufacturing today." With the new capital, GrayMatter, founded in 2020 by SK Gupta, Ariyan Kabir, and Brual Shah, is actively hiring for a wide range of roles to meet customer demands, expanding its Los Angeles headquarters, and accelerating the development and deployment of its next-generation AI-powered robotic solutions." "GrayMatter is driving a pivotal transformation in manufacturing with their advanced AI solutions," said Sean Petersen, sector lead for private climate investing, Wellington Management. "Their ability to enhance productivity, energy efficiency and safety while managing costs, positions them uniquely in the market. We are excited to support their journey towards scaling these innovative technologies across various industries." GrayMatter's technological advancements continue to set new industry standards. Its proprietary GMR-AI™ technology enables robots to self-program and adapt to high-mix manufacturing environments, providing consistent quality and reducing cycle times. Over the past two years, GrayMatter Robotics has deployed robots across North America in aerospace, defense, specialty vehicles, marine, recreation, and general manufacturing industries, processed over 7.5 million square feet of product surface area, and holds ten patents. "The combination of AI-driven technology and depth of domain expertise in the GrayMatter solution blew us away", said Debjit Mukerji, Partner at NGP Capital. "It is incredibly challenging to develop high-performance and ultra-reliable robots for such difficult manufacturing conditions. We are thrilled to help the company execute on its impressive commercial trajectory". We are excited to partner with GrayMatter Robotics, as their AI-driven robotic solutions have enabled us to more efficiently address major demand growth in our operations stemming from increased football participation and market share gains, ensuring consistent quality and throughput despite workforce staffing challenges," said Drew Dixon, Director Of Distribution and Strategy at Riddell. "Collaborating with GrayMatter Robotics underscores Riddell's ongoing commitment to innovation and excellence in both its manufacturing operations as well as the protective equipment it delivers to the field." Grey Matter Founder is Ariyan Kabir #BUET ! PHOTO IN COMMENT SECTION There are other fiunders too. 👉 THIS IS A SERIOUSLY SPECIAL COMPANY !!! 👇 #ershadspeak #puresciencepurifies #wearescience