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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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Europe has a key role to play in the development of robots, humanoids

Robotics Business Review

Europe is a major center of robotics development and use, according to Humanoid. Source: Adobe Stock While headlines often spotlight U.S. Robotics innovation is happening across Europe Europe offers a favorable market for development, a solid talent pool, and no shortage of innovative ideas and research labs. Apply to speak.

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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. Source: ABB One of world’s top industrial automation providers is becoming more independent. ABB Group announced during its earnings call today that it plans to spin off its entire robotics division.

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U.S. automotive industry increased robot installations by 10% in 2024

Robotics Business Review

A FANUC robot working in car manufacturing. FANUC is a Japanese world leader in robotics and factory automation. Source: FANUC America The latest numbers of the International Federation of Robotics (IFR’s) show automakers in the U.S. is installing more robots, it isn’t producing most of them.

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Chef Robotics brings in $43M to deploy more food assembly robots

Robotics Business Review

Chef Robotics targets high-volume, high-mix food assembly applications, one of the hardest problems to train AI for. Source: Chef Robotics Chef Robotics Inc., which has developed robotic systems for meal assembly, today announced that it has raised $43.1 Robotics is really having a moment right now.

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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. Source: CynLr CynLr, or Cybernetics Laboratory, today said it has raised $10 million in Series A funding. Gokul NA and Nikhil Ramaswamy founded CynLr in 2019. It was an exhibitor at the 2024 Robotics Summit & Expo in Boston. million.

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Stanford Robotics Center partners with Stanford HAI for AI research, policy

Robotics Business Review

From left: HAI Co-Director James Landay and Stanford Robotics Lab Director Oussama Khatib. Source: Madeleine Wright The Stanford Robotics Center and the Stanford Institute for Human-Centered Artificial Intelligence last week launched a partnership to identify responsible uses for AI. ” Apply to speak.