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Cornerstone Robotics brings in $70M to scale Sentire endoscopic system globally

Robotics Business Review

. | Source: Cornerstone Robotics Cornerstone Robotics Ltd., a surgical robotics developer, Monday today said it has raised $70 million in Series C financing. The company said the funding will advance its efforts toward commercialization, development of surgical robotics products, clinical trials, and regulatory approvals.

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ABB plans to spin off its robotics division

Robotics Business Review

ABB Robotics makes industrial systems such as this IRB robot demonstrating friction stir welding. ABB Group announced during its earnings call today that it plans to spin off its entire robotics division. “Only robotics and discrete automation declined from last year. Source: ABB ABB Robotics is global No.

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CynLr raises Series A funding to realize robot vision for ‘universal factory’

Robotics Business Review

The CLX robotic vision stack was inspired by human eyesight. Gokul NA and Nikhil Ramaswamy founded CynLr in 2019. The Bengaluru, India-based company specializes in “visual object sentience,” robotics, and cybernetics. It was an exhibitor at the 2024 Robotics Summit & Expo in Boston. million.

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Webinar: Automated fulfillment with picking and mobile robots

Robotics Business Review

Automated fulfillment promises to help, from mobile robots and picking arms to a growing range of other systems. However, throwing technology at supply chain problems isn’t enough to solve them in the long term. Navy as the director of maintenance and supply chain facilities.

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Robotics Factory adds five startups to its residency pilot cohort

Robotics Business Review

The Robotics Factory is dedicated to creating, accelerating, and scaling Pittsburgh-area startups. Source: Robotics Factory The Robotics Factory has accepted five companies to its Scale Residency program. ESTAT Actuation, KEF Robotics, Thiopoly, Thorne Baby, and Piximo make up the organization ‘s first residency cohort.

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Top 10 most popular robotics stories of 2023

Robotics Business Review

Noteworthy robots from Apptronik, Figure, and Boston Dynamics, among others, dominated 2023 robot news. If you’ve been keeping tabs on the robotics industry in 2023, you won’t be surprised to see that six out of our top 10 articles this past year were about humanoid robots. Read more. Read more. Read more.

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ABB, NVIDIA, DHL, Teradyne to discuss state of robotics at RoboBusiness

Robotics Business Review

Robotics is inherently challenging because it requires inputs across disciplines, from mechatronics and electrical engineering to software and artificial intelligence. Predicting the future of robotics innovation is also difficult, because it is subject to numerous technical hurdles, as well as investor and market pressures.

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