Robotics Association UAE’s Post

Any #impact #founders in D33P T3CH, check TH15 P05T. 🤖⚙️🚀 Are your #deeptech innovations set to revolutionize an entire industry? If this is you, check out the DeepTech & Robotics Accelerator by Startupbootcamp : 🚘 Autonomous Mobility & Transportation 🤖 Edge AI & Machine Learning ♻️ Renewable Energy & ClimateTech 🔋 Battery and Energy Storage ⚙️ Robotics Applications close on 11th August. For more information about this accelerator and to submit your application visit https://lnkd.in/dshXhYdA Chris Heyer , thought this might interest you. Timur SİRMAN, do you know any #startups that could benefit from this #accelerator ? Elizabeth Kleinveld

𝐒𝐚𝐧𝐜𝐭𝐮𝐚𝐫𝐲 𝐀𝐈 𝐒𝐞𝐜𝐮𝐫𝐞𝐬 𝐂𝐚𝐧𝐚𝐝𝐢𝐚𝐧 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐟𝐨𝐫 𝐕𝐞𝐫𝐬𝐚𝐭𝐢𝐥𝐞 𝐇𝐮𝐦𝐚𝐧𝐨𝐢𝐝 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 🤖 A company that has caught my eye this month with its impressive investment strides is Sanctuary AI. Recently, this Vancouver-based innovator secured a significant funding milestone, totalling $140 million, which includes $30 million contribution from the Strategic Innovation Fund (SIF) by the government of Canada in November 2022. Founded in 2018, Sanctuary AI is making advancements in embedded AI, dual-arm functionality, hand-eye coordination, perception, and task planning. Led by co-founder Olivia Norton and a team with expertise from tech giants like Amazon, Microsoft, and SoftBank Robotics, the company is leading the charge in integrating AGI into practical applications. Their recent collaboration with Magna International resulted in the seventh-generation Phoenix robot, which completed 110 tasks during a successful pilot deployment at a Mark’s retail store in British Columbia. Sanctuary AI aims to revolutionize industries by enhancing safety, efficiency, and sustainability through AGI, serving a diverse client base across North America and beyond. 💡 𝘓𝘰𝘰𝘬𝘪𝘯𝘨 𝘧𝘰𝘳𝘸𝘢𝘳𝘥, 𝘩𝘰𝘸 𝘥𝘰 𝘺𝘰𝘶 𝘢𝘯𝘵𝘪𝘤𝘪𝘱𝘢𝘵𝘦 𝘈𝘎𝘐 𝘸𝘪𝘭𝘭 𝘪𝘮𝘱𝘢𝘤𝘵 𝘺𝘰𝘶𝘳 𝘪𝘯𝘥𝘶𝘴𝘵𝘳𝘺, 𝘢𝘯𝘥 𝘸𝘩𝘢𝘵 𝘰𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘪𝘦𝘴 𝘰𝘳 𝘤𝘩𝘢𝘭𝘭𝘦𝘯𝘨𝘦𝘴 𝘥𝘰 𝘺𝘰𝘶 𝘧𝘰𝘳𝘦𝘴𝘦𝘦? #SanctuaryAI #AIinnovation #TechInvestments #RobotRevolution #CanadianTech

AI was on the tip of VCs’ tongues last year, but I’m personally just as excited to get involved in these 4 rapidly-evolving verticals. In my latest for @Crunchbase News, I get into the underappreciated sectors of space, robotics, edtech and warehousing. What happens today will define these industries for decades to come. https://lnkd.in/ePk6jriU

Skild AI Secures $300 Million Series A Funding In a landmark achievement, Skild AI, the innovative artificial intelligence robotics firm, has successfully closed a $300 million Series A funding round. This significant investment will accelerate Skild AI’s mission to develop a scalable foundational paradigm for robots. Key investors in this round include Lightspeed Venture Partners, Coatue, SoftBank Group Corp., and Jeff Bezos (via Bezos Expeditions). Other notable participants are Felicis Ventures, Sequoia Capital, Menlo Ventures, General Catalyst, CRV, Amazon, SV Angel, and Carnegie Mellon University. With this infusion of capital, Skild AI plans to: 🔹 Expand its business model 🔹 Enhance training datasets for future technology deployment 🔹 Recruit top talent across AI, robotics, engineering, operations, and security Skild AI's unique approach leverages real-world data to create a versatile, all-purpose cognitive system for robots, aiming to democratize robotics and address labour shortages. Abhinav Gupta, President and Co-Founder, stated: “With general-purpose robots that can safely perform any automated task in any environment, we can expand the capabilities of robots, democratize their cost, and support the severely understaffed labour market.” Stay tuned as Skild AI continues to break new ground in the robotics and AI landscape! Read More: https://lnkd.in/g5MJUtnp #SkildAI #Robotics #ArtificialIntelligence #SeriesAFunding #TechNews #Innovation

Skild AI raises $300M to build a general-purpose, AI-powered brain for any robot TL;DR: - 🤖 The AI startup Skild AI, valued at $1.5 billion, is developing a versatile 'general purpose brain' for robots. - 💰 The company has secured $300 million in Series A funding to advance this technology, with investments from prominent venture capital firms like Lightspeed Venture Partners and Softbank, as well as individual investors such as Jeff Bezos. - 🧠 Skild AI's innovative AI brain is designed to be incorporated into a wide range of robots, improving their ability to handle various tasks across different environments, and aims to tackle labour shortages in sectors such as healthcare and manufacturing. Pretty cool idea if it works. This could be called "The Wizard of Oz" business strategy 😆. You heard it here first!

🚀 Perceptyne's USD 3 million boost in early-stage funding is not just a number—it's a declaration of intent to transform the industrial landscape with AI-powered robotics. This startup is at the forefront of automating industrial processes, preparing to disrupt traditional methods with their innovative tech. 🟠 **Elixia Robotics and Brown Living:** Both startups have caught the eye of investors, but details remain under wraps. Is this mystery a strategic play, or simply a behind-the-scenes move to surprise the tech world later? 🟠 The trend is undeniable—AI and robotics are not the future; they are the now. Investment in these sectors is skyrocketing, a clear signal that the next technological revolution is already unfolding. The question remains: With the rapid escalation in robotics and AI funding, who will reign supreme in the next industrial era, and what will it mean for traditional industries? 🤔 #Innovation #AI #Robotics #StartupFunding #TechRevolution 🔗 https://lnkd.in/dRzrC_M4

#keyprinciplesmarketingstrategy &"The Wizard of Oz" Plot Overview: #Dorothy, a young girl from #Kansas, is transported to the magical land of Oz. She meets three companions: the Scarecrow (seeking #brains), the Tin Man (seeking a #heart), and the Cowardly Lion (seeking #courage). Together, they journey to the #EmeraldCity to meet the #Wizard, hoping he can grant their wishes. Along the way, they face various #challenges and #learn valuable lessons. Ultimately, they #discover that they had the qualities they sought all along. //Is this about internal scholarship? 1. #Identifying Core Values (Dorothy’s #Realization): Dorothy realizes that "there's no place like home" and that she had the power to return all along: Companies often have untapped potential within their existing resources and values. Identifying and leveraging these core strengths can be more effective than seeking external solutions. For example, a business might find that its #strongcustomerrelationships and #brandloyalty are its greatest assets. 2. Teamwork and #Collaboration (The Journey with #Companions): Dorothy and her companions work together, each contributing unique strengths: Successful businesses harness the power of #diverseteams. Different perspectives and skills can solve problems more effectively. Collaboration fosters innovation and resilience, as demonstrated by companies like #Google and #Apple, where teamwork is a cornerstone of their corporate culture. 3. Facing Challenges and #Adaptability (The Obstacles Along the #Way): The group faces numerous obstacles, from the Wicked Witch to the dark forest: Businesses must navigate challenges and adapt to changing environments. Companies like #Netflix have thrived by adapting their business models to changing market conditions. 4. The Illusion of External Solutions (The Wizard’s #Revelation): The Wizard is revealed to be an ordinary man, and the characters realize they had what they needed all along: Businesses often look for quick fixes or external solutions (like consultants or new technologies) without recognizing their internal capabilities. Real growth comes from within, through continuous improvement and innovation. Companies should focus on developing internal talent and fostering a culture of learning. 5. Customer-Centric Approach (Listening to the Needs): The Wizard listens to the characters’ desires and helps them see their own potential: A customer-centric approach is vital in marketing. Understanding and addressing customer needs can drive loyalty and growth. Brands like #Amazon and #Zappos have built their success on prioritizing #customersatisfaction. #Navigate the complex landscape of the modern market. This #imaginative framework not only makes strategic concepts more accessible but also highlights the timeless nature of these principles. Catalina Kothe@IMAGINATIVE in Europe, Author 2024, July 11th.

🚀 Exciting Times Ahead: Adapting to the Future of Work! 🤖 As technology continues to advance, it's crucial to prepare for potential job displacements. With robots making their way into various industries like retail, production, and logistics, it's essential to have a backup plan in place. At Trapar, we're building a platform to provide alternative employment opportunities for those affected by automation. Our focus on courier work offers flexibility and fair earnings, ensuring individuals have a reliable option during times of transition. Recent news from TechCrunch highlights the growing interest and investment in robotics, signalling the rapid evolution of the industry. With backers like Microsoft, NVIDIA and Amazon the future of automation is bright, but it also underscores the need for proactive adaptation. One thing remains certain: while robots may replace some jobs, heavy regulations surrounding health, safety, and data protection will continue to safeguard many frontline roles. Join us in shaping the future of work, where innovation meets opportunity. Let's embrace change and empower individuals to thrive in the age of automation. Read more 👇 “Figure confirmed long-standing rumours that it’s been raising more money than God. The Bay Area-based robotics firm announced a $675 million Series B round that values the startup at $2.6 billion post-money. The lineup of investors is equally impressive. It includes Microsoft, OpenAI Startup Fund, Nvidia, Amazon Industrial Innovation Fund, Jeff Bezos (through Bezos Expeditions), Parkway Venture Capital, Intel Capital, Align Ventures and ARK Invest. Read more here: https://tcrn.ch/3wKR8Hq” Credit: Techcrunch #FutureOfWork #Automation #Innovation #Robotics #Adaptation #Trapar #TechCrunch

𝐑𝐢𝐬𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐨𝐛𝐨𝐭𝐢𝐜 𝐒𝐭𝐚𝐫𝐭𝐮𝐩𝐬 𝐢𝐧 2024! Despite a decline in recent years, investment in robotic startups is bouncing back, with over $4.2 billion in funding raised this year, signalling a resurgence in investment, according to Crunchbase. Notable recipients included 2 exciting players in factory automation: Bright Machines and Collaborative Robotics. ✨ Bright Machines is an AI-focused manufacturing startup from San Francisco. Recently, they secured $126 million in Series C funding, backed by tech giants like Nvidia and Microsoft, bringing their total funding to over $400 million. Bright Machines is revolutionizing electronics manufacturing with a full-stack solution that offers centralized data visibility, traceability, performance benchmarking, and flexibility in automation. 🤖 Collaborative Robotics, which recently raised $100 million in Series B funding, plans to use the latest funding to increase hiring, accelerate its robotic pipeline, and bring its AI-enabled collaborative robots (cobots) into commercial deployment. Founded in 2022, their cobots are designed to work alongside humans, alleviating workforce pressures and enhancing safety and efficiency in industrial applications. By leveraging AI, these robots have greater environmental awareness and improve human-robot interactions. 💡 I’m very excited to see what these two great companies have to offer, and I am eager to see what the rest of Q3 and Q4 hold for the startup robotics space this year! #Cobots #Automation #Robotics #Investment #FactoryAutomation #CollaborativeRobots

It's early days for climate robotics, but startups will eventually deploy their tech in more countries, including developing countries. The Climate Robotics Network's Global Map shows that most of the 250+ startups in this space are based in the US, Europe, and Australia (same with VCs). Many of these startups have little experience deploying emerging tech in more resource-constrained environments. I'm deeply worried about this. Taking a foreign-led, top-down, and techno-centric approach to deploying climate robotics is a recipe for disaster. It'll exacerbate power asymmetries, worsen inequalities, exclude local communities, and displace local startups. As a result, the deployment will fail. How do I know? I've seen this first-hand in the context of Humanitarian Tech & Robotics. So, if you're a climate robotics startup looking to expand overseas, let's talk. #Climate #Robotics