Foundry Robotics has announced its oversubscribed $100 million Series A funding round led by Marlinspike Partners. Participating in the round are early backers Khosla Ventures and Red Glass Ventures, and new investors SE Ventures, Wing VC, and Axiom Ventures, as well as existing investors Hanabi and Zero Shot Fund. Foundry builds and operates autonomous factories […]
Tokio Marine HCC International (TMHCCI), an insurance company based in Houston, Texas, is partnering with Adrian Flux to launch the UK’s first domestic humanoid robot household insurance policy. The cover is available to UK customers through Adrian Flux’s home insurance offering, underwritten by TMHCCI. This new product class is intended to support the development of […]
Key Points Factories installed 542,000 industrial robots in 2024, more than double the number a decade earlier, according to the International Federation of Robotics. As cells run longer and with fewer people, many manufacturers are moving coordinate measuring machines closer to production so parts are checked within minutes of machining. Temperature is the main challenge […]
Bleu Robotics, the Paris, France-based startup building AI models for industrial humanoid robots, has raised a €5 million pre-seed round, co-led by Contrarian Ventures and OVNI Capital, with participation from Kvanted, WEPA Ventures, Motier Ventures and Charlie Songhurst, technology investor and board member at Meta. The company will use the funds to grow its team […]
While the ocean’s depths may be vast, the growing community of researchers dedicated to exploring them with autonomous robotics is more connected than ever following Global Ocean Robotics Day. Constructor University was one of 10 partner hubs around the world to host the inaugural international symposium on October 21, which explored how artificial intelligence and […]
