The Robot Report

Last week, attending the Our Crowd Summit, I felt engulfed by the breadth of innovation and minds gathered in Jerusalem’s International Convention Center. Jonathan Medved’s billion-dollar crowd-funding platform has launched some of Israel’s most promising mechatronic startups, including ReWalk, Intuition Robotics, Airobotics, and Argus Cyber Security. Household robotics, such as laundry robots, could yet be the next big…

CLEVELAND and BOSTON — Business-to-business publisher WTWH Media has announced a series of keynotes, sessions, and workshops at this year’s Robotics Summit & Expo dedicated to educating the robotics engineering community about how artificial intelligence and machine learning are making commercial and cognitive robots smarter and more useful. Topics include decision making, object identification, vision…

TAUNTON, Mass. — maxon precision motors inc., the U.S. division of Switzerland-based maxon motor AG, today officially opened its new U.S. headquarters and manufacturing facility in Taunton, Mass. Building the new headquarters was a two-year process, said Chris Blake, president of maxon precision motors. “Taunton was very welcoming in a business and a social sense,”…

Avidbots, a Kitchener, Ontario-based company that makes commercial floor cleaning robots, raised $23.6 million in Series B funding led by returning investor True Ventures. This latest round of funding raises Avidbots’ venture capital financing to a total of $36 million. Founded in 2014 by Pablo Molina and Faizan Sheikh, Avidbots’ first product, Neo, is an…

Robotics investments totaled at least $4.3 billion in February 2019 in a steep increase from January, which had about $1.4 billion. In addition, companies reported approximately $3.9 billion worth of acquisitions this past month. Any political or economic jitters have not yet harmed the mood for robot deals. The Robotic Industries Association noted yesterday that robot…