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07:00am EDT| The $2,100-A-Month Factory Robot: Rapid Robotics Pushes To Automate Small Manufacturers, Helped By $12 Million In New Funding Courtesy of Rapid Robotics Forget big, fancy robots. Rapid Robotics wants to spread its robots, which are inexpensive and programmed to do very simple jobs, at small manufacturers across the country. “The big brand name customers like Home Depot and Sam’s are not the customers that we are going after,” says cofounder and CEO Jordan Kretchmer. “Those are the 2%-ers. We are going after the 98%.” Its machines do simple work, like heat stamping, fastener insertion and pad printing that are basic, exacting and repetitive and the type of jobs that small factories have had trouble hiring enough people to do. To date, the San Francisco-based startup has deployed nearly 100 robots at clients in the Bay Area, bringing in revenue that ....
Startup Funding: February 2021 In February, several startups emerge from stealth, with one company working on AI inference architectures for the data center and another trying to make lenses thinner by patterning surfaces with tiny structures. Two new Chinese companies are trying to expand the country’s semiconductor design ecosystem with GPUs and interface IP. Plus, a maker of AI chips for ADAS draws another massive round this month as we take a look at 22 startups that collectively raised over $1.2B. Semiconductors & design GPU startup Moore Threads raised an undisclosed amount of pre-A Series funding (stated as billions RMB 1.0B RMB is about $155M) led by ....
Swift Navigation recauda $ 50 millones en ronda de financiamiento serie C para acelerar la adopción del consumidor de aplicaciones de seguridad automotriz y navegación precisa en todo el mudo tynmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tynmagazine.com Daily Mail and Mail on Sunday newspapers.
Press release content from Globe Newswire. The AP news staff was not involved in its creation. Swift Navigation Raises $50 Million Series C Round to Accelerate Consumer Adoption of . Swift NavigationFebruary 9, 2021 GMT SAN FRANCISCO, Feb. 09, 2021 (GLOBE NEWSWIRE) Swift Navigation, a San Francisco-based tech firm redefining GNSS (Global Navigation Satellite System) and precise positioning technology for autonomous vehicles, automotive, mobile and mass-market applications, today announced that it has raised a $50 million Series C round of financing led by existing investors Forest Baskett and Greg Papadopoulos of New Enterprise Associates (NEA), existing investor Eclipse Ventures and new investors, including EPIQ Capital Group and KDDI Open Innovation Fund. To date, the company has raised a total of $97.6 million in funding. ....
Swift Navigation Raises $50 Million Series C Round to Accelerate Consumer Adoption of Automotive Safety and Precise Navigation Applications Across the Globe newsmakers.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsmakers.pk Daily Mail and Mail on Sunday newspapers.