Jennifer Apicella (left) of the PRN and Fady Saad (right) of Cybernetix Ventures have announced a strategic partnership. | Source: Pittsburgh Robotics Network

Cybernetix Ventures yesterday announced a strategic partnership with the Pittsburgh Robotics Network. The early-stage venture capital firm said it is part of its long-term robotics cluster engagement efforts. 

The partnership is a joint initiative to set Pittsburgh’s robotics startups up for success, and bring more of the cluster’s investable robotics opportunities to global markets. The Pittsburgh Robotics Network (PRN) is a nonprofit organization dedicated to fostering innovation and growth in southwestern Pennsylvania. 

“The Pittsburgh Robotics Network is one of the top robotics clusters in the U.S., with a powerhouse team and strong robotics innovators emerging,” stated Fady Saad, founder and general partner of Cybernetix Ventures. “Like our firm, the PRN is focused on markets-driven, actionable, scalable use cases for robotics. We are excited to amplify their efforts and connect the cluster further with the larger investment community.”

Founded in 2021, Cybernetix focuses on robotics, automation, and industrial AI investments. The venture capital firm works with robotics clusters around the world to elevate the most promising robotics founders and startups to the global stage. 

Cybernetix expands robotics focus

Cybernetix aims to connect the PRN’s startups with the firm’s diverse ecosystem of potential customers, later-stage investors, financial institutions, and acquirers. The company will join forces with the PRN as a Leader Premier Partner to provide advice to startups. 

“Cybernetix Ventures is a premier investment firm for robotics, and this partnership represents a unique opportunity for not only robotics companies, but for accelerating the commercial adoption of robotics solutions overall,” added Jennifer Apicella, executive director of the PRN.

“Both Cybernetix Ventures and the PRN share a set of aligned values that promise to bring significant benefits to robotics companies on the path to commercialization,” she said. “We admire their unique expertise and understanding of how robotics will directly contribute to the advancement of specific industries, both now and into the future.”

The partners announced their collaboration at the Agriculture & Robotics Summit, where the PRN welcomed innovators, investors, and industry to Pittsburgh to explore the future of smart agriculture. Cybernetix, which has focused on vertical robotics applications in manufacturing, logistics, construction, and healthcare since its inception, participated in the event as a launchpad for its expanded focus on agriculture and climate robotics.

“The new use cases and overall necessity for robotics innovation in agriculture have accelerated the sector’s investment potential, and we will explore investments in agriculture and climate robotics to add to our solid portfolio,” Saad said.

PRN head to speak at the Robotics Summit

Apicella will be taking part in a panel discussion at the 2024 Robotics Summit & Expo, which takes place on May 1 and 2 at the Boston Convention and Exhibition Center. She will be joined by Stephen M. Muck, executive chairman of Advanced Construction Robotics; Brandon Contino, CEO of Four Growers; and Andy McMillan, chair of the board of directors at Cirtronics.

During the session, “Paving the Road to Success in Robotics Commercialization,” attendees can learn how the four industry leaders have conquered obstacles, scaled operations, and transformed ideas into viable products. 

This will be the largest Robotics Summit ever. It will include more than 200 exhibitors, various networking opportunities, a Women in Robotics breakfast, a career fair, an engineering theater, a startup showcase, and more! The PRN is also a sponsor of the Robotics Summit. Registration is now open for the event.

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The Phoenix humanoid robot is being developed to enable embodied AI and support general-purpose applications. | Credit: Sanctuary AI

Humanoid robot developer Sanctuary Cognitive Systems Corp., or Sanctuary AI, is entering a new strategic partnership with automotive components supplier Magna International Inc. Through this expanded partnership, Sanctuary plans to equip Magna’s manufacturing facilities with general-purpose AI robots.

The Vancouver-based company also plans to engage Magna to manufacture the Sanctuary Phoenix robots under contract in the future. Aurora, Ontario-based Magna has been an investor in Sanctuary AI since 2021, and it acquired autonomous vehicle startup Optimus Ride in 2022.

Yesterday’s announcement with Magna follows Accenture’s recent investment in Sanctuary for an undisclosed amount.

Phoenix includes human-like design, AI

“We founded Sanctuary AI with the goal to become the first organization in the world to create human-like AI,” stated Geordie Rose, co-founder and CEO of Sanctuary AI. “World-changing goals like these require world-changing partners.”

“Magna’s position as a world leader in the use of robots today makes this partnership an essential advancement for our mission,” he added. “We’re privileged to be working with Magna, and believe they will be a key element in the successful global deployment of our machines.”

Sanctuary Phoenix includes human-like dexterous hands and arms. Since it launched the robot in May 2023, the company has invested heavily in the development of manipulation capabilities, perception features, and artificial intelligence models that control the humanoid robot.

In December 2023, Sanctuary secured patents for numerous technologies developed both internally and through strategic acquisitions from external sources. The company acquired the latest assets from Giant.AI Inc. and Tangible Research.

Sanctuary is iterating on humanoid design by perfecting hand-eye coordination and AI model training. | Credit: Sanctuary AI

Sanctuary AI builds relationship with Magna

“The intent of the relationship [with Magna International] has always been threefold,” Rose told The Robot Report. “One is that they were an investor.”

“Another would be they would participate in manufacturing the robots at some point,” he said. “And the third would be there could be a consumer of the robots as a customer. So all of those three things are obviously related to each other. All of them are good for both parties.”

“So we’ve continued to impress [Magna] with our velocity and acceleration in terms of developing the technology from something that was a twinkle in our eyes six years ago to something that can actually perform real-world work tasks,” Rose noted.

The workflow opportunities for an agile humanoid at Magna are endless, according to Rose. “The key to getting a good fit in the short term is understanding how to overlap that type of analysis with the type of capability that you can deliver,” he said. “So this is a difficult thing for companies that are early stage, including us, because of the ‘drinking your own Kool-Aid’ phenomenon.”

“A lot of companies will release a whole bunch of hype both to their customers, their investors, and internally in themselves — they start to believe that they can do things they can’t, and they make bad decisions about how they position their technology,” Rose continued. “So we have to be clear-eyed about what’s actually possible with our [robot] and then be very diligent in trying to understand the details of how the workflow actually works in practice, and then overlap the two.”

“When you do that with this type of technology, what you find is that the first use cases all fall into the following categories: There is an aspect of mobility, that’s best treated with wheels, where the robot has to move from place to place within an environment. And then there’s the aspect of manipulation,” he explained.

Magna also said its team is excited about the possibilities for intelligent mobile manipulation. It said it expects to automate various tasks and to improve the quality and efficiency of its manufacturing and logistics processes.

“Magna is excited to partner with Sanctuary AI in our shared mission to advance the future of manufacturing,” said Todd Deaville, vice president of advanced manufacturing innovation at Magna. “By integrating general-purpose AI robots into our manufacturing facilities for specific tasks, we can enhance our capabilities to deliver high-quality products to our customers.”

Learn from Agility Robotics, Amazon, Disney, Teradyne and many more.

A key success factor for robotics startups

As Sanctuary AI begins the process of commercializing Phoenix, it plans to contract with Magna for the production of part or all of the robot going forward. Sanctuary asserted that finding the right manufacturing partner to build its robots at high volumes is best outsourced and that manufacturing should be non-core for any robotics startup.

Many robotics startups often fail when they attempt to manufacture their systems in-house, observed Rose. He said he has sought to find the right production partner since the inception of the company.

Sanctuary employs embodied AI and foundation models

Embodied AI is core to the future of Sanctuary AI, which said it is spending all of its intellectual energy on engineering and training the smartest models for these robots. Rose said he is amazed at the evolution of embodied AI over the past decade.

The real race, according to Rose, is to find a way to gather the immense amount of data needed and put the robot into the necessary training situations for the AI models to learn and grow in confidence.

This is where the enhanced relationship with Magna comes in. The product roadmap for the Sanctuary over the next year is to deploy all of the production runs of Phoenix robots into real-world manufacturing environments at Magna facilities. In simple terms, Phoenix will learn by executing tasks every day and gathering training data.

“In the run that we’re about to begin with Magna, we’ll be able to collect data in a commercial environment of the sort that will train a production robot,” Rose said. “So the progression of this, from our perspective, is the ability to collect training data to generate autonomous behaviors. The systems that we’re building this year are going to be consumed in data collection.”

In 2025, Sanctuary said it will iterate on a version of the robot for broader use and sale. Similar to the model used at Rose’s prior company, Kindred, there will be a human in the loop to help robots resolve edge cases while minimizing any impact on day-to-day operations.

Rose summed up the current state of development: “We can go from data collection to a trained policy in less than 24 hours now, where the train policy does as well or better than the people who are doing the task for simple tasks. So that is an amazing thing that I was not expecting — these new transformer-based models are spectacularly good at moving robots, way better than I thought they would be.”

“I think it’s an echo of my surprise that how well large language models can generate text; who would have thought that predicting the next token would allow you to be a coherent understander of the world?” he said. “But it seems like that’s the way they work. And in the space of moving robots, if you’ve got enough data, what can’t you do? You can just talk to the robot and say, ‘Do this thing,’ and it will just do it. It’s magical.”

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The FoxBot ATL moves pallets in loading docks for Walmart. Source: Fox Robotics

The word’s biggest retailers are continuing to add automation. Walmart Inc. today announced that it has entered into a multiyear agreement with Fox Robotics Inc. In addition to its initial rollout of 19 FoxBot autonomous forklifts, Walmart has invested growth capital for a minority stake in Fox Robotics.

“At Walmart Distribution Center 6020 in Brooksville, Fla., we’re used to pioneering new technology,” wrote Maurice Gray, general manager for the Walmart distribution center, in a blog post. “In fact, 6020 was Walmart’s first high-tech DC. Once again, innovation is afoot in our facility, where associates have been working alongside a new autonomous forklift system that’s bolstering their skills and bettering their jobs while building our business.”

“After a 16-month proof of concept, I’m proud to announce Walmart is taking another step into the future, rolling 19 autonomous forklifts across four high-tech DCs, with the potential for more as we evaluate the benefits to our associates and operations,” he said. “As our facility has worked with Fox Robotics, the developer of autonomous forklifts, we’ve learned a lot. But I can sum it up easily: Automation isn’t just good for business – it’s good for our associates too.”

Bentonville, Ark.-based Walmart is the largest private employer in the U.S., according to Statista. The company has worked with other robotics suppliers, and it acquired grocery fulfillment provider Alert Innovation in 2022.

Walmart deploys FoxBots to unload pallets

When trucks arrive at the Brooksville distribution center, Fox Robotics’ Autonomous Trailer Loader/Unloaders (ATLs) use artificial intelligence, machine vision, and dynamic planning to safely and accurately unload pallets, said Gray. The forklifts then move the pallets to be inducted into an automated storage and retrieval system (ASRS).

Gray likened the warehouse associates’ evolving role to playing Tetris. “Instead of unloading the pallets manually, associates become conductors – considering the best, most efficient way to unload trailers based on their own experience,” he said.

For example, Jose Molina, a 26-year associate, has received training to shift from unloading trucks to managing autonomous lifts and tripling productivity, added Gray.

Walmart said that it could roll out more systems from Fox Robotics, pending the continued performance of the FoxBots.

Fox Robotics pulls ahead in dock robot race

“As the leader in autonomous trailer loading and unloading, Fox Robotics is pleased to deepen its relationship with Walmart as a key customer and investor,” stated Marin Tchakarov, president and CEO of Fox Robotics. “We see this collaboration as the latest massive validation point of our technology and product capabilities, solidifying our leadership position in the warehouse shipping and receiving dock automation space.”

In January, Fox Robotics said its autonomous forklifts had autonomously pulled 2.5 million pallets. Founded in 2017, the company said at the time that its installed fleet had doubled in the prior 12 months and that its revenue nearly tripled between 2022 and 2023.

Austin, Texas-based Fox Robotics also has financial backing from BMW i Ventures and Zebra Technologies Corp., raising $20 million in 2022. Its customers include DHL Supply Chain.

“Fox Robotics has unlocked the final step of the fully end-to-end automated warehouse of the future with its FoxBot autonomous loader/unloader capabilities,” added Till Reuter, board member of Fox Robotics and former CEO of Kuka Robotics. “The logistics space is the single biggest market for automation for the next five to 10 years, and the shipping and receiving dock — the gateway to the warehouse — will see a disproportionate share of that growth due to its virtually entirely unautomated present state.”

Other companies working on automating loading-dock operations include Boston Dynamics, Dexterity, Gideon, Honeywell, Mujin, Pickle Robots, and 2024 RBR50 Robotics Innovation Award winner Slip Robotics. See the RBR50 honorees at the RBR50 pavilion and RBR50 Gala at the Robotics Summit & Expo.

Learn from Agility Robotics, Amazon, Disney, Teradyne and many more.

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Collaborative Robotics has been developing a system for trustworthy operations. Source: Adobe Stock, Photoshopped by The Robot Report

Collaborative Robotics today closed a $100 million Series B round on the road to commercializing its autonomous mobile manipulator. The Santa Clara, Calif.-based company said it is developing robots that can safely and affordably work alongside people in varied manufacturing, supply chain, and healthcare workflows. In many cases, this is the same work that humanoid robots are jockeying for.

Brad Porter, a former distinguished engineer and vice president of robotics at Amazon, founded Collaborative Robotics in 2022. The Cobot team includes robotics and artificial intelligence experts from Amazon, Apple, Meta, Google, Microsoft, NASA, Waymo, and more.

“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,” stated 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.”

The Robot Report caught up with Porter to learn more about the company and its product since our last conversation in July 2023, when Cobot raised its $30 million Series A.

Nothing to see here

Collaborative Robotics has been secretive about the design of its robot. You won’t find any photos of the cobot on the company’s site or anywhere else on the Web yet.

However, Porter told The Robot Report that it is already in trials with several pilot customers, including a global logistics company. He described the machine as a mobile manipulator, with roughly the stature of a human. However, it’s not a humanoid, nor does it have a six degree-of-freedom arm or a hand with fingers.

“When talking about general-purpose robots versus special-purpose robots, we know what humanoids look like, but with a new morphology, we want to protect it for a while,” he said. “We’ve been looking at humanoids for a long time, but in manufacturing, secondary material flow is designed around humans and carts. Hospitals, airports, and stadiums are usually designed around people flow. A huge amount of people is still moving boxes, totes, and carts around the world.”

The new cobot’s base is capable of omnidirectional motion with four wheels and a swerve-drive design, along with a central structure that can acquire, carry, and place totes and boxes around the warehouse. It is just under 6 ft. (2 m) tall and can carry up to 75 lb. (34 kg), said Porter.

The robot can also engage and move existing carts with payloads weighing up to 1,500 lb. (680 kg) around the warehouse. How the robot engages carts remains part of the mystery. But by automating long-distance moves and using existing cart infrastructure, Porter said he believes that the Collaborative Robotics system is differentiated from both mobile robot platforms and humanoid competitors.

“We looked at use cases for humanoids at Amazon, but you don’t actually want the complexity of a humanoid; you want something that’s stable and could move faster than people,” Porter added. “There are orders of magnitude more mobile robots than humanoids in day-to-day use, and at $300,000 to $600,000 per robot, the capital to build the first 10 humanoids is very high. We want to get robots into the field faster.”

Collaborative Robotics has kept its actual robot out of public view. | Source: Adobe Stock image Photoshopped by The Robot Report

Robots must be trustworthy

Porter said that he “believes that robots need to be trustworthy, in addition to being safe. This philosophy is driving the design and user-interface decisions that the company has made so far. Users need to understand what the robot should do by looking at it, unlike some of the existing designs of mobile robots currently on the market.”

In addition to a human-centered design approach, Collaborative Robotics is using off-the-shelf parts to reduce the robot bill of materials cost and simplify the supply chain as it begins the process of commercialization. It is also taking a “building-block” approach to hardware and plans to adjust software and machine learning for navigation and learning new tasks.

“The robot we’ve designed is 70% off-the-shelf parts, and we can design around existing motors, while every humanoid company is hand-winding its own motors to find advanced actuation capabilities,” Porter noted. “We designed the system digitally, so we don’t have to hand-tweak a bunch of things. By using 3D lidar, we know the state of the art of the technology, and it’s easier to safety-qualify.”

With large language models (LLMs), Porter said he sees the day when someone in a hospital or another facility can just tell a robot to go away. “It’s about user interaction rather than just safety, which is table stakes,” he said. “We think a lot about trustworthiness.”

Learn from Agility Robotics, Amazon, Disney, Teradyne and many more.

Collaborative Robotics preps for commercialization

General Catalyst led Collaborative Robotics’ Series B round, with participation from Bison Ventures, Lux Capital, and Industry Ventures. Existing investors Sequoia Capital, Khosla Ventures, Mayo Clinic, Neo, 1984 Ventures, MVP Ventures, and Calibrate Ventures also participated.

Since its founding in 2022, Cobot said it has raised more than $140 million. The company plans to grow its headcount from 35, adding production, sales, and support staffers.

In addition, Collaborative Robotics announced that Teresa Carlson will be joining it as an advisor on go to market at scale and industry transformation. She held leadership roles at Amazon Web Services, Microsoft, Splunk, and Flexport.

“I’m super-excited to be working with Teresa,” said Porter. “We’ve kept up since Amazon, and she thinks a lot about digital transformation at a very large scale — federal government and industry. She brings a wealth of knowledge about economics that will elevate the scope of what we’re doing.”

Paul Kwan, managing director at General Catalyst, is joining Alfred Lin from Sequoia on Collaborative Robotics’ board of directors. 

“In our view, Brad and Cobot are spearheading the future of human-robot interaction,” said Kwan. “We believe the Cobot team is world-class at building the necessary hardware, software, and institutional trust to achieve their vision.”

Editor’s note: Eugene Demaitre contributed to this article.

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Kiwibot will add intellectual property from AUTO Mobility Solutions to its delivery robot portfolio. Source: Kiwibot

Consolidation among mobile robot providers is not limited to warehouses. Kiwibot today announced that it has acquired AUTO Mobility Solutions Co.

“This strategic collaboration marks a significant milestone in both companies’ journeys towards innovation and safeguarding privacy in the robotics industry, particularly for intelligent robots sourced from China and deployed in the Western markets,” Kiwibot stated.

“The acquisition of AUTO is a game-changer for us, bringing a wealth of technological innovation and a strong patent portfolio that will significantly enhance our cybersecurity measures for AI-powered robotics,” asserted Felipe Chavez, founder and CEO of Kiwibot. “This move not only strengthens our position in the market, but also connects the manufacturing expertise from Asia with the AI development in the West securely.”

Kiwibot develops delivery robots

Berkeley, Calif.-based Kiwibot has developed autonomous robots using artificial intelligence. The company claimed that it is a market leader of robotic deliveries on U.S. college campuses.

Since 2017, Kiwibot said it has successfully deployed robots across the U.S., Dubai, and Saudi Arabia. In 2020, it raised pre-seed funding and was an early guest on The Robot Report Podcast. It raised $10 million for deliveries as a service (DaaS) in December 2023.

“Kiwibot is actively exploring opportunities to expand our robotic delivery services beyond college campuses,” Chavez told The Robot Report. “We will soon announce customers in two different categories.”

Learn from Agility Robotics, Amazon, Disney, Teradyne and many more.

AUTO brings cybersecurity expertise

“Becoming a part of Kiwibot opens up new avenues for our technologies and patents,” noted Sming Liao, CEO of AUTO Mobility Solutions. “Together, we are poised to redefine the landscape of autonomous delivery services, ensuring greater security and efficiency.”

The Taipei, Taiwan-based company was incubated by ALi Corp. and develops integrated circuit (IC) chips for AI, self-driving vehicles, robotics, the Internet of Things (IoT), and cybersecurity. Its systems feature advanced path planning, positioning, and obstacle-avoidance technology.

AUTO Mobility Solutions has built a patent portfolio in AI, IoT, and cybersecurity in Taipei. Source: Kiwibot

AUTO said its team will add more than 100 licensed patents to Kiwibot’s offerings.

“Our decision to join forces was solidified after recognizing the complementary nature of our technologies and the potential for a synergistic relationship,” said Chavez. “One of our investors from Taiwan introduced us, and we started the relationship as a customer for a custom cybersecurity chip.”

“The acquisition strategically positions us to bolster our cybersecurity infrastructure, especially considering the rising interest in AI and its associated vulnerabilities,” he added. “Together, Kiwibot and AUTO are looking to develop enhanced capabilities in autonomous navigation, AI-powered decision making, and advanced cybersecurity measures.”

Acquisition to expand global presence

The companies also said the acquisition will help the merged entity deliver leading systems globally and meet the evolving needs of both businesses and consumers.

“AUTO’s established presence in Taiwan and Shenzhen [China] will play a crucial role in helping Kiwibot navigate geopolitical and supply chain challenges,” explained Chavez. “Their expertise and strategic locations will aid in diversifying our supply chain and providing stability in our manufacturing and development processes, ensuring Kiwibot’s continued growth and scalability.”

Felipe Chavez, CEO of Kiwibot (left), and Sming Liao, CEO of AUTO (right). Source: Kiwibot

Kiwibot is still evaluating consolidation and rebranding, he told The Robot Report.

“The Taipei team will maintain a high degree of autonomy to leverage their specialized expertise and local knowledge effectively. While we are unified in our mission and strategy, we recognize the importance of fostering innovation through autonomous operations,” Chavez said. “We are currently evaluating how best to integrate our brands to reflect our unified strength while honoring the established identity and contributions of AUTO’s team.”

What are Kiwibot’s plans for the near future?

“Looking forward, Kiwibot’s roadmap includes the continuous improvement of our autonomous delivery robots, the expansion of our service areas, and the integration of AUTO’s technological advancement,” Chavez replied. “We are committed to pioneering the future of robotic services and ensuring a seamless and secure experience for our users. Stay tuned for exciting updates as we progress on this journey.”

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The Intelligent Surgical Unit powers the Senhance surgical robot system. | Source: Asensus Surgical

Asensus Surgical Inc. today announced that it has entered into a non-binding letter of intent for medical device company Karl Storz SE to acquire it.

The agreement enables Karl Storz to engage in due diligence and negotiations over a potential acquisition of the surgical robot maker. Asensus and Karl Storz began ollaborating on plans for development and marketing just over a year ago.

Entry into the letter of intent (LOI) follows an extensive period of consideration of strategic alternatives, stated Asensus. That included potential collaborations and licensing transactions, a “go-it-alone” strategy reliant upon significant fundraising, a sale of the company, or additional development transactions.

Instead, the company’s board approved the LOI with Karl Storz, which includes a proposal to acquire 100% of the issued and outstanding shares of Asensus common stock at 35¢ per share in cash. That represents a 66.7% premium to the closing price of Asensus stock on April 2, 2024. Karl Storz said that the proposed price represents its “best and final offer.”

Asensus developing Senhance, Intelligent Surgical Unit

Research Triangle Park, N.C-based Asensus is developing the Senhance surgical robot. It has also developed the Intelligent Surgical Unit (ISU) for Senhance.

The company said it designed ISU as a real-time intraoperative surgical image analytics platform. It uses “augmented intelligence” to help reduce surgical variability.

Asensus unveiled its the next-generation LUNA robot in February 2023. The integrated digital system features a next-generation surgical platform and instruments, plus real-time intraoperative clinical intelligence. Its final component, a secure cloud platform, applies machine learning to deliver clinical insights.

The company suggested last year that it targeted 2025 for U.S. Food and Drug Administration (FDA) clearance for LUNA. In November, Asensus inked a manufacturing deal for its platform.

In January 2024, the company showed LUNA off to surgeons, conducting an in vivo lab evaluation of the next-generation surgical robot. 

More details on the LOI

The letter of intent provides that, during an exclusivity period of up to 10 weeks, Asensus won’t engage in negotiations for alternative transactions. During that period, Karl Storz intends to conduct diligence as the companies negotiate a merger. Both companies have the right to terminate pursuit of the proposed transaction.

In connection with the LOI, Asensus entered into a fully secured promissory note or bridge loan with Karl Storz. This allows the company to receive a loan of up to $20 million from Karl Storz to support operations through the exclusivity period and beyond.

The companies said they plan to work during the exclusivity period to negotiate and finalize a merger agreement. If agreed, Asensus said it would then plan to quickly secure stockholder approval.

Asensus said it can’t provide any assurances of a final agreement with Karl Storz.

Asensus Surgical to speak at Robotics Summit

Dustin Vaughan, vice president of robotics research and development at Asensus, will be speaking at the Robotics Summit & Expo, which takes place on May 1-2 at the Boston Convention and Exhibition Center.

His talk, “Leveraging Real-Time Data Insights in the Operating Room” will explore the development and introduction of cutting-edge technologies, sensing modalities, and real-time data collection capabilities of the LUNA Surgical Platform and the practical implementation of those capabilities.

The Robotics Summit & Expo focuses on the design, development, and scaling of commercial robots. WTWH Media, which also produces The Robot Report, said it expects a record 5,000 attendees and more than 200 exhibitors. The event will be co-located with DeviceTalks, an event focused on medical devices, and the inaugural Digital Transformation Forum. Registration is now open for the event.

Learn from Agility Robotics, Amazon, Disney, Teradyne and many more.

Editor’s Note: This article was syndicated from MassDevice, a sibling site to The Robot Report.

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Here are the top 10 most popular stories on The Robot Report this past month. Subscribe to The Robot Report Newsletter or listen to The Robot Report Podcast to stay updated on the latest technology developments.

10. Robotics Engineering Career Fair to connect candidates, employers at Robotics Summit

The career fair will draw from the general robotics and artificial intelligence community, as well as from attendees at the Robotics Summit & Expo. Past co-located career fairs have drawn more than 800 candidates, and MassRobotics said it expects even more people at the Boston Convention and Exhibition Center this year. Read More

9. SMC adds grippers for cobots from Universal Robots

SMC recently introduced a series of electric grippers designed to be used with collaborative robot arms from Universal Robots. Available in basic and longitudinal types, SMC said the LEHR series can be adapted to different industrial environments like narrow spaces. Read More

8. Anyware Robotics announces new add-on for Pixmo unloading robots

Anyware Robotics announced in March 2024 an add-on for its Pixmo robot for truck and container unloading. The patent-pending accessory includes a vertical lift with a conveyor belt that is attached to Pixmo between the robot and the boxes to be unloaded. Read More

7. Accenture invests in humanoid maker Sanctuary AI in March 2024

In its Technology Vision 2024 report, Accenture said 95% of the executives it surveyed agreed that “making technology more human will massively expand the opportunities of every industry.” Well, Accenture put its money where its mouth is. Accenture Ventures announced a strategic investment in Sanctuary AI, one of the companies developing humanoid robots. Read More

6. Cambrian Robotics obtains seed funding to provide vision for complex tasks

Machine vision startup Cambrian Robotics Ltd. has raised $3.5 million in seed+ funding. The company said it plans to use the investment to continue developing its AI platform to enable robot arms “to surpass human capabilities in complex vision-based tasks across a variety of industries.” Read More

5. Mobile Industrial Robots launches MiR1200 autonomous pallet jack

Autonomous mobile robots (AMRs) are among the systems benefitting from the latest advances in AI. Mobile Industrial Robots at LogiMAT in March 2024 launched the MiR1200 Pallet Jack, which it said uses 3D vision and AI to identify pallets for pickup and delivery “with unprecedented precision.” Read More

4. Reshape Automation aims to reduce barriers of robotics adoption

Companies in North America bought 31,159 robots in 2023. That’s a 30% decrease from 2022. And that’s not sitting well with robotics industry veteran Juan Aparicio. After working at Siemens for a decade and stops at Ready Robotics and Rapid Robotics, Aparicio hopes his new startup Reshape Automation can chip away at this problem. Read More

3. Mercedes-Benz testing Apollo humanoid

Apptronik announced that leading automotive brand Mercedes-Benz is testing its Apollo humanoid robot. As part of the agreement, Apptronik and Mercedes-Benz will collaborate on identifying applications for Apollo in automotive settings. Read More

2. NVIDIA announces new robotics products at GTC 2024

The NVIDIA GTC 2024 keynote kicked off like a rock concert in San Jose, Calif. More than 15,000 attendees filled the SAP Arena in anticipation of CEO Jensen Huang’s annual presentation of the latest product news from NVIDIA. He discussed the new Blackwell platform, improvements in simulation and AI, and all the humanoid robot developers using the company’s technology. Read More

1. Schneider Electric unveils new Lexium cobots at MODEX 2024

In Atlanta, Schneider Electric announced the release of two new collaborative robots: the Lexium RL 3 and RL 12, as well as the Lexium RL 18 model coming later this year. From single-axis machines to high-performance, multi-axis cobots, the Lexium line enables high-speed motion and control of up to 130 axes from one processor, said the company. It added that this enables precise positioning to help solve manufacturer production, flexibility, and sustainability challenges. Read More

The post Top 10 robotics news stories of March 2024 appeared first on The Robot Report.

Sanctuary’s Phoenix humanoid is being developed to support a variety of tasks. | Credit: Sanctuary AI

In its Technology Vision 2024 report, Accenture said 95% of the executives it surveyed agreed that “making technology more human will massively expand the opportunities of every industry.” Well, today Accenture put its money where its mouth is. Accenture Ventures announced a strategic investment in Sanctuary AI, one of the companies developing humanoid robots.

The Robot Report reached out to Sanctuary to learn more about the investment but hadn’t heard back at press time. This article will be updated if more details are learned. Financial details of the investment were not disclosed.

Vancouver, Canada-based Sanctuary was founded in 2018 by Geordie Rose, Suzanne Gildert, Olivia Norton, and Ajay Agrawal. In December 2023, the company announced the acquisition of intellectual property from Giant.AI Inc. and Tangible Research to improve its touch and grasping technologies.

Humanoids are generating a lot of interest these days. Figure recently raised $675 million and is piloting its humanoid with BMW. Agility Robotics has piloted its Digit humanoid with Amazon and GXO Logistics. Apptronik recently announced a partnership with BMW. NVIDIA also announced a foundation model for humanoids, called GROOT, that is designed to bring robotics and embodied AI together.

Sanctuary focused on dexterous manipulation

While other humanoid developers have focused much of their energy on bipedal locomotion, Sanctuary has taken a different approach with its Phoenix robot. It believes object manipulation is the key to humanoid success in the market and has put most of its energy into hand-eye coordination and AI intelligence to support dexterous manipulation.

Sanctuary has published a series of videos of its robots “doing stuff” on YouTube (see video at the bottom of the story). These videos illustrate the development path of the two-armed humanoid as well as the AI behind the robots’ decision-making.

Powered by Carbon, Phoenix is now autonomously completing simple tasks at human-equivalent speed. This is an important step on the journey to full autonomy. Phoenix is unique among humanoids in its speed, precision, and strength, all critical for industrial applications. pic.twitter.com/bYlsKBYw3i

— Geordie Rose (@realgeordierose) February 28, 2024

“AI-powered humanoid robots are essential to reinventing work and supporting human workers as labor shortage is becoming an issue in many countries and industries,” said Joe Lui, Accenture’s global advanced automation and robotics lead. “Sanctuary AI’s advanced AI platform trains robots to react to their environment and perform new tasks with precision in a very short time. We see huge potential for their robots in post and parcel, manufacturing, retail, and logistics warehousing operations, where they could complement and collaborate with human workers and automate tasks that traditional robotics can’t.”

Building an AI brain

Phoenix is powered by Sanctuary’s AI control system, Carbon, which attempts to mimic subsystems found in the human brain. The approach taken by the company also seeks to make the AI actions explainable, as well as editable.

“Robots with human-like intelligence will completely transform the workforce of the future,” said Rose, chief executive officer and co-founder of Sanctuary AI. “By combining Accenture’s expertise in disruptive technology with Sanctuary AI’s industry-leading robotics, we can help some of the biggest companies in the world manage this change and provide the best solutions for its clients.”

Accenture’s growing robotics portfolio

The investment in Sanctuary is the latest move by Accenture to build out a robotics strategy. In January 2024, Accenture and Mujin created a joint venture to help bring robotics to the manufacturing and logistics industries. Called Accenture Alpha Automation, the new venture is owned 70% by Accenture and 30% by Mujin. The new company, called Accenture Alpha Automation, combines Mujin’s industrial robotics expertise with Accenture’s digital engineering and manufacturing service, Industry X.

Accenture Alpha Automation is located in Japan, which is a robotics powerhouse. Japan had the fourth-highest robot density of any country in 2022, according to the International Federation of Robotics. Robot density measures the number of operational industrial robots per 10,000 employees in a country.

Accenture has also built out robotics integration capabilities in recent years. In early 2021, Accenture acquired Pollux, a provider of industrial robotics and automation. This was Accenture’s first acquisition of the kind. At the time of the deal, Pollux had implemented more than 1,000 projects for manufacturing companies, primarily in Brazil. It said it has deployed 150-plus collaborative robots successfully throughout Brazil.

In 2022, Accenture acquired Eclipse Automation, a provider of custom automation and robotics solutions for manufacturing applications. Eclipse Automation creates automated manufacturing systems for life sciences, industrial equipment, automotive, energy and consumer goods companies.

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Viam is a tool for developing software that comes with the cloud services necessary to prototype and build robots quickly. | Source: Viam

Viam, which offers a software platform for smart machines, yesterday announced that it has raised $45 million in Series B funding. This latest round brings the company’s total funding to date to $87 million.

Eliot Horowitz, co-founder and former chief technology officer of MongoDB, founded Viam in 2020. The New York-based company said the latest investment will enable it to accelerate enterprise partnerships, drive commercial innovation, and further develop its open-source platform.

“This investment affirms Viam’s commitment to innovation and strengthens our vision to empower developers with intuitive, powerful, and flexible tools that help transform the way software powers hardware,” stated Eliot Horowitz, founder and CEO, Viam. “Whether you’re in IoT [Internet of Things], robotics, smart home, or industrial automation, we’re empowering the next generation of startups, developers, and enterprises to move quickly and build better.”

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Viam provides platform for scalable development

Despite recent advances in artificial intelligence and machine learning and the prevalence of cloud and edge computing, software made to manage hardware has only made moderate gains, according to Viam.

This kind of software has been stymied by proprietary systems specific to individual machines, sensors, and equipment, the company asserted. This has led to complex constraints that frustrate developers, impede growth, and stifle progress, it said. 

Horowitz has experience in enterprise cloud computing from MongoDB, which is a source-available, cross-platform, secure, high-availability cloud database solution. That company said it is integrated into a number of enterprise applications used every day by millions of people.

Horowitz said he established Viam with the intent of establishing a similar platform for robotics development. He foresaw the need for software based on safe and performant cloud-computing principles as robotics progressed from point solutions to connected swarms of mobile robots and cloud-monitored systems.

Viam is a modular, interoperable, and open-source software platform that works across all hardware and any fleet of machines. In addition, its open architecture can remove costly and complex barriers to working with physical devices, the company claimed.

All of these features can speed up developer velocity and democratize access to open data. Viam added that this data can be used to inform AI and accelerate innovation in critical sectors such as industrial manufacturing, energy, and climate. 

Startup to invest in partnerships

Viam’s platform became generally available in May 2023. Since then, the company said it has been working with global enterprises and startups of all sizes to substantially accelerate time to market, decrease risks, increase developer velocity, improve operational efficiency, and craft modern end-user experiences.

Viam said it can help improve customer satisfaction and deliver increased revenue. Its Series B round included participation from previous investors Union Square Ventures and Battery Ventures. 

“Viam’s open architecture represents a paradigm shift that will bring the promises of robotics to the devices we use every day,” said Albert Wenger, partner at Union Square Ventures, in a release. “We’re thrilled to continue partnering with Viam in this exciting next chapter.”

This funding followed Viam’s announcement that it is working with the Whale and Vessel Safety Taskforce (WAVS). The partners will establish an open-source data-collection program and AI system for North Atlantic Right Whale conservation efforts.

They said the project showcases how the platform can be used for open data to drive collaboration and transparency. It will also demonstrate how Viam brings AI and actuation to the edge.

In addition, the company works with industrial, automation, and innovation teams to keep machines running smoothly on the edge. Viam said it’s working to enable device-to-cloud data pipelines to help manufacturers with real-time data monitoring, predictive maintenance, and remote diagnostics. 

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Titan Medical’s Enos system can assist surgeons. | Source: Titan Medical

Titan Medical announced today that it entered into a definitive amalgamation agreement to combine with Conavi Medical.

The companies aim to combine in an all-stock transaction, focusing on commercializing Conavi’s Novasight Hybrid system. Conavi designed Novasight Hybrid to guide common minimally invasive coronary procedures.

This merger comes after more than a year of uncertainty around the future at Titan Medical. In late 2022, Titan suspended a special meeting of shareholders meant to vote on a share consolidation plan. Management decided to begin a strategic review, with a sale of the company considered a possibility. Titan also announced cost-cutting measures that included the furloughing of 40 employees.

In a news release, the company said it conducted outreach to more than 40 potential counterparties and halted the development of its ENOS surgical robot in February 2023. To avoid insolvency, the company began selling assets and licensed its IP. It struck deals on that front in May, June and August 2023, including licensing surgical robotics IP to market leader Intuitive Surgical.

Titan said it determined that merging with another surgical robotics company was “not a viable option.” It expanded its search and landed on Conavi.

“This merger is the result of a thoughtful and careful review of strategic options and reflects the continued commitment of our management team and board of directors to deliver value to shareholders,” said Paul Cataford, Titan’s interim CEO and board chair. “Conavi is an exciting commercial-stage company with groundbreaking technology and an accomplished management team. We are confident in their ability to continue to drive adoption of the Novasight Hybrid system.”

More about Conavi Medical

Conavi Medical designs, manufactures and markets imaging technologies for guiding minimally invasive cardiovascular procedures. Novasight Hybrid combines both intravascular ultrasound (IVUS) and optical coherence tomography (OCT) to enable simultaneous and co-registered imaging of coronary arteries.

The Novasight Hybrid system has FDA 510(k) clearance and regulatory nods in other geographies like Canada, China and Japan.

With Titan Medical, Conavi expects the combined company to become a commercial-stage leader in hybrid intravascular imaging.

“This planned merger comes at a pivotal moment in the evolution of our company as we continue to advance the Novasight Hybrid system, which provides simultaneous and complementary data with which to better inform patient care, while offering providers a more cost- and space-effective option when purchasing intravascular imaging equipment,” said Conavi CEO Thomas Looby. “Gaining access to the public capital markets will enhance our financial strength and fuel our growth strategy, enabling us to unlock the full potential of our hybrid imaging technology in the United States and globally.”

More details on the Titan Medical-Conavi Medical merger

Under the terms of the agreement, Titan plans to acquire all issued and outstanding shares of Conavi. In exchange, Conavi shareholders, receive common shares of Titan. The deal constitutes a reverse takeover of Titan. In connection with the merger, Titan expects to delist its common shares from the Toronto Stock Exchange. Instead, they will be listed on the TSX Venture Exchange.

The companies expect the transaction to close on or around July 15, 2024.

Titan plans to effect a consolidation of its shares. As a condition to the completion, Conavi plans to complete a concurrent financing of subscription receipts. The companies anticipate minimum gross proceeds of $15 million with a maximum of $20 million.

Following the consolidation and concurrent financing, a wholly-owned Titan subsidiary will amalgamate with Conavi. Oustanding post-consolidation Titan shares then go to Conavi shareholders. The companies value Conavi at $69.84 million and the deal includes an allocation of $5 million in the pre-transaction valuation of Titan.

Titan plans to hold a special and annual meeting of shareholders to approve a number of conditions within the deal. That includes the change of the name from Titan Medical to Conavi Medical, or such other name as approved by their boards. Other conditions include the consolidation and a new equity incentive plan.

Editor’s Note: This article was syndicated from The Robot Report’s sister site MassDevice. 

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LG Electronics is making a strategic investment move to expedite the advancement of Bear Robotics capabilities in service robotics, a key new business area of the company. | Credit: Bear Robotics

LG Electronics Inc. is strategically investing in development of service robots. Bear Robotics Inc. this week said that it has received $60 million in Series C funding led by LG.

The company said this will add to LG’s portfolio for sustained growth, rather than focusing on immediate gains. After finalizing the stock purchase, LG will be the largest single shareholder of Bear Robotics.

“In the service robotics market, we’re focusing primarily on areas such as delivery and logistics,” stated William Cho, CEO of LG. “However, we are carefully considering future directions, keeping open the possibility of equity investments or mergers and acquisitions.”

Bear Robotics focuses on restaurants

Founded in 2017, Bear Robotics produces AI-powered indoor delivery robots that serve the U.S., South Korea, and Japanese markets. CEO John Ha is a former Google technical lead and senior software engineer.

Bear Robotics’ co-founder and chief technology officer also have engineering experience at prominent software companies. Its product features include fleet management software, cloud-based control systems, and evolving platforms for service robots.

The Redwood City, Calif.-based company introduced a larger autonomous mobile robot (AMR) with Servi Plus in March 2023.

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LG leads the shift to software-defined robotics

LG said it is embracing a transition to software-defined robotics (SDR), which emphasizes software more than hardware, similar to what has been seen in the mobility business. To prepare for future growth, the company said it is dedicated to creating scalable service robots on an open-design software platform that can work in a range of settings.

Seoul, South Korea-based LG said that it understands the importance of standardizing AI-based AMRs and that its investment in Bear Robotics is an opportunity to grow its robot business. The company has already installed service robots in airports, hotels, restaurants, hospitals, retail outlets, museums, smart warehouses, and golf courses.

At LG Future Park in Gumi, South Korea, LG said it produces service robots with “world-class” quality, supply chain, and customer-service capabilities.

By combining Bear Robotics’ research and development and software expertise with its own strengths, LG said it will lead efforts to standardize robot platforms to significantly reduce market-entry costs, This will enhance operational efficiency and foster synergies, it asserted.

“Just as Android revolutionized the smartphone era, standardized open platforms are essential for the activation of the robot market,” remarked Ha.

Looking for growth in the service robotics market

LG said that market trends and has led to a business strategy to reallocate resources to high-growth industries in recent years. It claimed that its investment in Bear Robotics shows its commitment to advancing the service robot industry.

Since deploying guide robots at Incheon International Airport in 2017, LG has introduced systems tailored to diverse commercial applications such as delivery and disinfection. The company noted that it has actively pursued expansion into international markets including the U.S., Japan and Southeast Asia.

LG announced its Future Vision 2030 last year to become a “smart life solution company” that connects and expands client experiences across residential, commercial, transportation, and virtual worlds. LG’s “Triple Seven” target is an average growth rate and operating profit of 7% or higher, together with an enterprise value and EBITDA ratio of 7.

“As the service robot market enters a period of growth, this equity investment will significantly contribute to securing a ‘winning competitive edge’ for the company,” said Lee Sam-soo, chief strategy officer at LG Electronics. “From a mid- to long-term perspective, we will seek to develop our robot business into a new growth engine, exploring various opportunities through the integration of cutting-edge technologies such as embodied AI and robotic manipulation.”

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RIOS works with NVIDIA Isaac Sim and serves the wood-products industry. Source: RIOS Intelligent Machines

RIOS Intelligent Machines Inc. this week announced that it has raised $13 million in Series B funding, co-led by Yamaha Motor Corp. and IAG Capital Partners. The company said it plans to use the investment to develop and offer artificial intelligence and vision-driven robotics, starting with a product for the lumber and plywood-handling sector.

Menlo Park, Calif.-based RIOS said its systems can enhance production efficiency and control. The company focuses on three industrial segments: wood products, beverage distribution, and packaged food products.

RIOS works with NVIDIA Omniverse on factory simulations. It has also launched its Mission Control Center, which uses machine vision and AI to help manufacturers improve quality and efficiency.

RIOS offers visibility to manufacturers

“Customers in manufacturing want a better way to introspect their production — ‘Why did this part of the line go down?'” said Clinton Smith, co-founder and CEO of RIOS. “But incumbent tools have not been getting glowing reviews. Our standoff vision system eliminates a lot of that because our vision and AI are more robust.”

The mission-control product started as an internal tool and is now being rolled out to select customers, Smith told The Robot Report. “We’ve observed that customers want fine-grained control of processes, but there are a lot of inefficiencies, even at larger factories in the U.S.”

Manufacturers that already work with tight tolerances, such as in aerospace or electronics, already have well-defined processes, he noted. But companies with high SKU turnover volumes, such as with seasonal variations, often find it difficult to rely on a third party’s AI, added Smith.

“Mission Control is a centralized platform that provides a visual way to visualize processes and to start to interact with our robotics,” he explained. ‘We want operators to identify what to work on and what metrics to count for throughput and ROI [return on investment], but if there’s an error on the data side, it can be a pain to go back to the database.”

Smith shared the example of a bottlecap tracker. In typical machine learning, this requires a lot of data to be annotated before training models and then looking at the results.

With RIOS Mission Control, operators can monitor a process and select a counting zone. They can simply draw a box around a feature to be annotated, and the system will automatically detect and draw comparisons, he said.

“You place a system over the conveyor, pick an item, and you’re done,” said Smith. “It’s not just counting objects. For example, our wood products customers want to know where there are knots in boards to cut around. It could also be used in kitting applications.”

RIOS is releasing the feature in phases and is working on object manipulation. Smith said the company is also integrating the new feature with its tooling. In addition, RIOS is in discussions with customers, which can use its own or their existing cameras for Mission Control.

Investors express confidence in automation approach

Yamaha has been an investor in RIOS Intelligent Machines since 2020. The vehicle maker said it has more than doubled its investment in RIOS, demonstrating its confidence in the company’s automation technologies and business strategy.

IAG Capital Partners is a private investment group in Charleston, S.C. The firm invests in early-stage companies and partners with innovators to build manufacturing companies. Dennis Sacha, partner at IAG, will be joining the RIOS board of directors.

“RIOS’s full production vision — from automation to quality assurance to process improvement to digital twinning — and deep understanding of production needs positions them well in the world of manufacturing,” said Sacha, who led jet engine and P-3 production for six years during his career in the U.S. Navy.

In addition, RIOS announced nearly full participation from its existing investors, including Series A lead investor, Main Sequence, which doubled its pro-rata investment. RIOS will be participating in MODEX, GTC, and Automate.

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Cambrian is developing machine vision to give industrial robots new capabilities. Source: Cambrian Robotics

Machine vision startup Cambrian Robotics Ltd. this week announced that it has raised $3.5 million in seed+ funding. The company said it plans to use the investment to continue developing its artificial intelligence platform to enable robot arms “to surpass human capabilities in complex vision-based tasks across a variety of industries.”

Cambrian Robotics said its technology “empowers to automate a broad range of tasks, particularly those in advanced manufacturing and quality assurance that demand high precision and accuracy within dynamic environments. The London-based company has offices in Augsburg, Germany, and the U.S.

Cambrian noted that its executive team, led by CEO Miika Satori, has over 50 years of combined experience in AI and robotics. Joao Seabra, chief technology officer, is an award-winning roboticist, and Dr. Alexandre Borghi, head of AI, previously led research teams at a $3 billion AI chip startup.

“We are incredibly excited about the possibilities that our recent fundraising opens up,” said Satori. “Our primary goals are to enhance the scalability of the product and strengthen our sales and operations in our main target markets.”

“In addition, we are bringing new AI-vision-based skills to robot arms, further pushing boundaries in the field of robotics,” he added. “We are equally thrilled to begin collaborating with our new investors, whose support is pivotal in driving these advancements forward.”

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Cambrian Robotics vision already in use

Cambrian Robotics claimed that its AI-driven vision software and camera hardware enables existing robots to automate complex tasks that were previously only possible with manual methods. It said its systems enable robots to execute intricate assembly processes, bin picking, kitting, and pick-and-place operations “with unmatched accuracy in any lighting condition — a true breakthrough compared to current industry-leading AI vision capabilities.”

In addition, Cambrian can be installed in about half a day, works with all major industrial and collaborative robots, and can pick microparts precisely and in less than 200ms, said the company. Cambrian claimed that its technology is unique in that it can pick a wide range of parts, including transparent, plastic, and shiny metal.

Appliance manufacturers globally have deployed Cambrian for monitoring quality assurance and manufacturing defects that were previously unseen to the human eye, the company said. Cambrian is testing and deploying its vision systems to leading manufacturers including Toyota, Audi, Suzuki, Kao, and Electrolux.

“Although in our factories we have a high level of automation, we still have an important quantity of flexible components and manual processes, which add variability,” said Jaume Soriano, an industrial engineer at Electrolux Group. “Cambrian helps us keep moving toward a more automated manufacturing reality while being able to deal with variable scenarios.”

Cybernetix Ventures leads investment

Cybernetix Ventures and KST Invest GmbH led Cambrian Robotics’ seed funding, with participation from Yamaha Motor Ventures and Digital Media Professionals (DMP).

“Machine vision is a crowded space, but Cambrian has strong differentiation with its unique ability to identify small and transparent items with proprietary visual AI software,” said Fady Saad, founder and general partner of Cybernetix, who will join Cambrian’s board of directors. “Miika and his exceptional team have also managed to bring the product to market with active revenue from top brands.”

Boston-based Cybernetix Ventures is a venture capital firm investing into early-stage robotics, automation, and industrial AI startups. It offers its expertise to companies poised to make major impacts in sectors including advanced manufacturing, logistics/warehousing, architecture, engineering and construction and healthcare/medical devices.

KST Invest is a private fund established by one of the owner families of a leading German industrial automation firm. The fund has the objective to invest in robotics and advanced manufacturing among other themes. “Innovation is the livelihood of any business in industrial automation, specifically the combination of vision and robotics,” it said.

Cambrian is also backed by ff Venture Capital (ffVC), which invested in the company’s seed round. ffVC initially seeded Cambrian after the startup graduated from its accelerator, AI Nexus Lab, in partnership with New York University’s Tandon School of Engineering in Brooklyn.

Cambrian is already working with major manufacturers. Source: Cambrian Robotics

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Glacier’s recycling sorting robot is able to sort up 45 items a minute. | Source: Glacier

Amazon.com Inc.’s Climate Pledge Fund recently invested in Glacier, an artificial intelligence and robotics company that aims to help the recycling industry work toward a world without waste. The investment firm said the funding is part of its ongoing commitment to support entrepreneurs and female-led companies in climate tech.

“Nearly 70 million tons of recycling are processed annually in the U.S. alone. This is already an immense undertaking, but we can recover so much more material by building accessible automation processes and then scaling it across our country’s recycling infrastructure,” Areeb Malik, co-founder of Glacier, said in a release. “That’s what Glacier is doing.”

The San Francisco-based company uses AI-powered robots to automate the sorting of recyclables. It collects real-time data on recycling streams fore recycling companies and consumer brands.

Glacier has also announced that it will be collaborating with Amazon to enhance traceability and recovery processes for recyclables. Its latest funding round, totaling $7.7 million, also included participation from New Enterprise Associates (NEA), AlleyCorp, Overture Climate VC, and VSC Ventures.

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Glacier aims to help recycling industry reach its full potential

Malik and Rebecca Hu said they co-founded Glacier to make a positive impact on the climate crisis. Despite the potential of recycling as a climate solution, today only 21% of residential recyclables in the U.S. are actually recycled. This is often due to a lack of recycling infrastructure, they said.

“After researching a variety of climate solutions, we discovered that applying novel advances in AI and robotic automation to help the recycling industry run more efficiently is a powerful way to reduce waste, which has a direct link to reducing carbon emissions,” stated Hu.

Glacier said its robots can improve sorting and recycling rates to help prevent valuable materials, like metals and plastics, from ending up in landfills and oceans. The company’s approach to recycling innovation combines two core technologies.

The first is Glacier’s proprietary AI model, which is capable of identifying more than 30 categories of recyclable materials in real time. This includes things as broad as PET plastic and as narrow as a toothpaste tube. The company said the combination of this AI model with its custom-designed robot delivers consistent recyclable sorting power with minimal implementation costs.

Glacier added that its potential impact on the circular economy extends beyond its sorting robot. Its software and AI are generating a recycling data set to help recycling facilities and brands make better-informed decisions.

“We’re constantly looking for ways to improve recycling, and developing robots is just the first step,” said Malik.

“Our recycling AI is a powerful tool for everyone in the circular economy, and it couldn’t come at a more important time,” said Hu. “As we see mounting legislative, economic, and social pressure to recycle better, brands are using our data to measure and improve how their packaging is being recycled, while recycling facilities are using our data to improve their operations and rescue more recyclables from landfill. We’re thrilled to be collaborating with a circular-economy leader like Amazon so that we can accelerate our mission to end waste.”

Keeping plastic out of landfills and oceans

Glacier claimed that just one of its robots can prevent over 10 million items per year from ending up in landfills. In the near term, the company said its technology can help improve the quality of recycling content. This way, more post-consumer material is available for use in new packaging.

In the longer term, Glacier’s founders said they hope to enable recycling for more types of packaging and materials that are not currently recycled. This is why Amazon is collaborating with Glacier to pilot a sortation project for novel biomaterials.

Amazon said its vision is to reduce plastic use and shift toward materials that are bio-based, as well as those that are biodegradable and compostable. This includes testing new biomaterials for applications without other sustainable solutions, such as some flexible plastics, and then recycling them.

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The largest robotics investment in January 2024 was a $100 million round secured by Norway-based 1X, a developer of humanoids (See Table 1 below). Chinese humanoid developer Robot Era raised $14 million in February.

Makers of autonomous mobile robots (AMRs) for agricultural operations were well represented among February robotics investments. Examples include Bluewhite ($39 million), Burro ($24 million), Saga Robotics ($11.5 million), farm-ng ($10M), and Ant Robotics ($2 million).

January 2024 Robotics Investments

Companies based in China attracted the greatest investment amount ($229 million), the result of 17 rounds (Figure 2, below). The leading investments among Chinese firms included Zhuoyi Intelligent Technology, a developer of drones and other classes of unmanned systems, autonomous truck developer Senior Automation, and GUOZI, a producer of AMRs.

Companies based in the United States raised $154 million in January 2024, while Norway, buoyed by the $100 million 1X investment, placed third among countries with $113 million in funding.

Figure 2: January 2024 Robotics Investment by Country

While Series B rounds attributed for most of the January investments, all funding types were well represented in January 2024 (Figure 3 below).

Figure 3: January 2024 Robotics Funding by Investment Type and Amounts

Editor’s note
What defines robotics investments? The answer to this simple question is central in any attempt to quantify them with some degree of rigor. To make investment analyses consistent, repeatable, and valuable, it is critical to wring out as much subjectivity as possible during the evaluation process. This begins with a definition of terms and a description of assumptions.

Investors and investing
Investment should come from venture capital firms, corporate investment groups, angel investors, and other sources. Friends-and-family investments, government/non-governmental agency grants, and crowd-sourced funding are excluded.

Robotics companies
Robotics companies must generate or expect to generate revenue from the production of robotics products (that sense, analyze, and act in the physical world), hardware or software subsystems and enabling technologies for robots, or services supporting robotics devices. For this analysis, autonomous vehicles (including technologies that support autonomous driving) and drones are considered robots, while 3D printers, CNC systems, and various types of “hard” automation are not.

Companies that are “robotic” in name only, or use the term “robot” to describe products and services that do not enable or support devices acting in the physical world, are excluded. For example, this includes “software robots” and robotic process automation. Many firms have multiple locations in different countries. Company locations given in the analysis are based on the publicly listed headquarters in legal documents, press releases, etc.

Verification
Funding information is collected from several public and private sources. These include press releases from corporations and investment groups, corporate briefings, market research firms, and association and industry publications. In addition, information comes from sessions at conferences and seminars, as well as during private interviews with industry representatives, investors, and others. Unverifiable investments are excluded and estimates are made where investment amounts are not provided or are unclear.

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