🚀 From Fiction to Function: 10 European Startups Transforming Robotics 🤖 Check out this article highlighting innovative startups that are pushing the boundaries of robotics across various industries. #Robotics #Innovation #Startups #Technology #EUStartups
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Robotics in Europe is on the rise, and this is just the beginning. 🦾 With the diminishing supply of workers, robotics is no longer optional but increasingly necessary for factories. Vision-guided robotics is enabling to democratize the access to the robotics by making it easier to install and to use. The vision layer we’re bringing with inbolt is becoming a no-brainer for automation. We operate across Europe and are expanding into the United States. At inbolt, we firmly believe that adopting a global geographic approach from the outset is crucial. Robotics in Europe is on the rise, and is increasingly expanding in the United States. Great article Anne Sraders
About a year ago, one VC told me they thought Europe might have an AI edge over the US — at least, in one particular area: robotics and manufacturing. That conversation has been swirling around my mind in the last few months, as we’ve seen several big funding rounds for European AI-powered robotics startups so far this year. It got me wondering why VCs are eager to fund these companies now and if — or how — robots are starting to take over more of Europe. My latest for Sifted https://lnkd.in/dB-Ybz3P
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Last week, Vecna Robotics, a United States-based material handling automation startup, announced that it raised $14.5 million in funding from investors, marking a new total of $179 million overall. Credit Vecna Robotics
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LG Electronics has agreed to acquire an additional 30% stake in Bear Robotics, a California-based startup it previously backed that is building AI-powered server robots for restaurants. The deal gives LG a majority ownership of 51% in the startup, which will now become a subsidiary of the larger company. LG declined to comment on the value of its latest stake; a local outlet in Korea says it’s around $180 million. If accurate, that would give Bear an overall valuation of $600 million. https://lnkd.in/eUiDBGkt
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PNDbotics joins the growing list of Chinese humanoid robotics startups. They aim to advance humanoid robotics by developing modular actuator hardware, original robot designs, and cutting-edge control algorithms. Here's their first robot, Adam. #PNDbotics #humanoid #robotics #startups #algorithms
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Hey there, and welcome to Startup Countdown! Today we'll be counting down three startups in Robotics. Number three, Adagy Robotics. Adagy is a remote intervention service that recovers robots once they fail. For example, if a tractor robot becomes lost in a field, instead of calling the farmer for assistance, it may now contact Adagy, whose operators will take control of the robot and remotely drive it back to safety. They’ve raised $500 K. Adagy Robotics is led by Founder Kathleen Brandes Number two, NEXT modular vehicles. NEXT Future Transportation is a startup that is creating an autonomous electric vehicle called the "Pod" and an accompanying Operating System for their Transportation-as-a-Service solutions. Their modular platform lets pods connect while moving, forming fleets with greater interior space than standard buses or trains for urban transport and logistics. They’ve raised $2.6 million. NEXT Future Transportation is led by Founder Tommaso G. And number one, Ripcord. Ripcord is a company specializing in developing a robotic system for digitizing documents, allowing for paperless management. Their platform creates digital replicas of information using sensors, automation software, document scanning, and accurate recognition. They’ve raised $149.4 million. Ripcord is led by Founder Kevin Hall That's it for this week's Startup Countdown. Tune in next week, and don’t forget to follow, like, and share.
3 Startups in Robotics - STARTUP COUNTDOWN 104
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🚀 The second #robotic_Startup in our Robotic Journey is Nextera Robotics. Founded in 2020, this innovative startup creates smart robots for construction sites. Their main product, DIDGE Autonomous Robots, captures 360-degree photos to enhance safety and efficiency. Using AI, these robots provide valuable insights, making construction work easier and more accurate. Nextera Robotics aims to reduce the need for humans to perform repetitive and tough tasks. We wish continued success to Lana Graf, PhD, and Alex S. Rand, the visionary entrepreneurs whose technology positively impacts the quality of construction projects and their teams. We live in a time where advancements in robotics and AI allow us to reconsider old solutions and uncover numerous innovative ideas. We are excited to learn from their experiences and broaden the application of robotics to enhance people's lives. #robotics #innovation #construction #automation #startup #NexteraRobotics #DIDGERobots #TechForGood #FutureOfConstruction #entrepreneurship
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Get ready for a world where robots walk among us – and I'm not talking about your coffee-addicted co-workers on Monday mornings. As we approach 2025, the world of robotics is on the brink of a transformation that promises to reshape our daily lives and workplaces🤖 The rise of humanoid robots is not just a trend: it’s a revolution fuelled by advancements in technology and increasing demand for automation. Here are the top trends in robotics startups that you should keep an eye on as we step into this exciting new era from Artem Sokolov, Humanoid 👇👇👇 #StartupsMagazine #Startups #Entrepreneur #Robotics
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£2m secured by PHINXT Robotics for warehouse robot automation London based PHINXT, develop of a decentralised software AI technology for warehouse robots, has secured £2m in funding from Sure Valley Ventures, Ada Ventures, HEARTFELT_ and Atlas Ventures. The funds will be used to expand its engineering and sales teams, as well as expand into European markets. The global market of mobile robots, is expected to reach $16bn with 2.4 million mobile robots in operation by 2027. In a statement, Yanwen Chen, co-founder and CEO, PHINXT Robotics, said: “At PHINXT, our mission is to revolutionise the logistics industry with our cloud-based platform that seamlessly integrates any type of robot, enabling them to collaborate and coordinate in a shared space without the need for a centralised server.” The software solution, named edge AI, is said to be able to manage robotics automation on any scale. As it is cloud based, it has been designed to streamline deployments and enable a monthly subscription model. To date, PHINXT has secured several contracts. One particular contract has been with a nationwide UK Grocery retailer having completed a successful pilot programmer. It is expected that the programme will scale into a multi year contract. PHINXT aims to expand into delivery drones and autonomous vehicles. “As a specialist AI investor, we believe this is one of the strongest AI propositions to come out of the UK this year,” said Brian K., founding partner at Sure Valley Ventures. “PHIXNT has a clear advantage in terms of cost, simplicity and flexibility, and with their…proprietary technology, are extremely well-positioned to disrupt this market globally.” Yanwen, who has two PhDs specialising in computer science and synchronisation communications for robotics, developed the algorithm that allows robots to self-orchestrate safely, even when they lose connections to central networks. She co-founded the company with Quirino Zagarese, PhD, an expert in distributed systems, to collaborate on building a scalable architecture and product. PHIXNT, a graduate of the Female Foundry Visionaries AI Incubator, previously raised £600k from Fuel Ventures 🚀, @Amar Shah (co-founder of Wayve and founder of Dhyan Ventures), Atlas, APX, Prequel Ventures, Ventures Together syndicate and Alma Angels.
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Room service, reimagined! A California-based startup, Watney Robotics, has developed AI-powered robots that can fold towels all on their own. A video showcasing these tireless robots working through the night has gone viral on X (formerly Twitter). What do you think about this level of automation? #AI #Automation #Robotics #Innovation #Startup #FutureOfWork
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