Archives for investment in robotics
In April 2019, San Francisco-based robotics startup Anki shut shop after filing for bankruptcy. In the nine years of its existence, the company had developed popular robotic toys such as Overdrive, Cozmo, and Vector. CEO Boris Sofman blamed the company’s closure on a last-minute financing snafu. Same year, another robotics company, Jibo, went bust. Notably,…
The post Why We Don’t See More Robotics Startups appeared first on Analytics India Magazine.
In April 2019, San Francisco-based robotics startup Anki shut shop after filing for bankruptcy. In the nine years of its existence, the company had developed popular robotic toys such as Overdrive, Cozmo, and Vector. CEO Boris Sofman blamed the company’s closure on a last-minute financing snafu. Same year, another robotics company, Jibo, went bust. Notably,…
The post Why We Don’t See More Robotics Startups appeared first on Analytics India Magazine.
Who Is Funding Robotics?
The robotics industry has gained a lot of significance due to development in mechanical, sensor and vision technology. Inclusion of AI and the digitisation of various sectors has given it a further boost. The robotics industry is predicted to grow from $76.6 billion in 2020 to $176.8 billion in 2025, with a Compounded Annual Growth…
The post Who Is Funding Robotics? appeared first on Analytics India Magazine.