, , , ,

Robust.AI raises $20M, as it scales robot deliveries for pilot customers

When the company started, Robust.AI’s founders had no intention of making hardware. “Hardware’s hard,” cofounder and CTO Rodney Brooks tells TechCrunch, “and doing hardware at scale is harder. It takes a lot of resources and it takes a long time to get there. Which is why people love pure software plays: the marginal cost of another copy is free.”

The notion was, no doubt, compounded by Brooks’ long history in robotics hardware, first as an MIT professor and then a cofounder of iRobot and Rethink. Doubly so in the wake of the latter’s 2018 closure.

“We started off trying to be a software-only company,” says cofounder, CEO and Brooks’ former student, Anthony Jules. “We started looking at the space and decided there was a great opportunity to really create a something that was transformative for people. Once we got excited about it, we did very standard product work to understand what the pain points are and what it was that would really help people in this space. We had a pretty clear vision of what would be valuable. There was one day I literally said to Rod, ‘I think I have a good idea for a company, but you’re going to hate it, because it means we might have to build hardware.’”

Founded in May 2019, Robust.AI operates in the extremely popular – and wildly competitive – warehouse space. A number of companies formed in the wake of Amazon’s 2012 acquisition of Kiva already have large footprints in category, including Locus Robotics and 6 River Systems. The category has since grown into arguably the most competitive in all of robotics. Piggybacking on the concept that drove Rethink, human-robot interactions are at the heart of Robust’s offering.

Carter – an autonomous warehouse cart – is paired with Grace, Robust’s software offering. The company will offer clients the two products bundled, with a RaaS payment model (though larger corporations can opt to pay up front if desired) Brooks says Robust began building the former after discovering that there weren’t systems on the market with the on-board hardware the startup is trying to push.

“Silicon as gone pretty wild in the last number of years, with the end of Moore’s Law,” says Brooks. “We’re seeing these narrow floating point processors, like the Myriad processor from Intel that provides four teraflops per second, and we have eight of them on our robot for the same price as LiDAR. You can run so many models, you can do so much pre-processing of images, you can do so much better SLAM. You see the world, you understand how things change over time, you get a richer description of the world. And it’s cheap.”

This morning, Robust is announcing a $20 million Series A-1, led by Prime Movers Lab and featuring Future Ventures, Energy Impact Partners, JAZZ Ventures and Playground Global. The latter two led the startup’s $15 million Series A, back in late-2020.

Early videos of the Carter and Grace systems demonstrate more flexibility than other solutions. While they can navigate autonomously or follow workers around after a quick setup, human employees can also grab the handles and move them around manually, as needed. It’s a seemingly obvious feature, but that level of flexibility can be difficult to integrate into autonomous mobile robots.

“Very often people think about automation as a perfect or complete substitute for people,” explains Jules. “But it just doesn’t work that way. If you think about the overall system, and what needs to be done – and think about it as a balance between what machines do and what people do to maximize productivity and cost effectiveness – you end up with better solutions. That’s something people get wrong when you try to automate everything out, and that leads to systems that are both brittle and less cost effective.”

Robust.AI raises $20M, as it scales robot deliveries for pilot customers by Brian Heater originally published on TechCrunch

https://techcrunch.com/2023/04/20/robust-ai-raises-20m-as-it-scales-robot-deliveries-for-pilot-customers/


December 2024
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  

About Us

Welcome to encircle News! We are a cutting-edge technology news company that is dedicated to bringing you the latest and greatest in everything tech. From automobiles to drones, software to hardware, we’ve got you covered.

At encircle News, we believe that technology is more than just a tool, it’s a way of life. And we’re here to help you stay on top of all the latest trends and developments in this ever-evolving field. We know that technology is constantly changing, and that can be overwhelming, but we’re here to make it easy for you to keep up.

We’re a team of tech enthusiasts who are passionate about everything tech and love to share our knowledge with others. We believe that technology should be accessible to everyone, and we’re here to make sure it is. Our mission is to provide you with fun, engaging, and informative content that helps you to understand and embrace the latest technologies.

From the newest cars on the road to the latest drones taking to the skies, we’ve got you covered. We also dive deep into the world of software and hardware, bringing you the latest updates on everything from operating systems to processors.

So whether you’re a tech enthusiast, a business professional, or just someone who wants to stay up-to-date on the latest advancements in technology, encircle News is the place for you. Join us on this exciting journey and be a part of shaping the future.

Podcasts

TWiT 1010: The Densest State in the US – TikTok Ban, Drones Over Jersey, GM Quits Robotaxis This Week in Tech (Audio)

So You Want to Solve the NJ Drone Mystery? Our Expert Has Some Ideas Infowars Sale to The Onion Rejected by Federal Bankruptcy Judge Federal appeals court declines to temporarily block ban on TikTok, teeing up showdown at SCOTUS over controversial law WordPress parent company must stop blocking WP Engine, judge rules Crypto's Legacy Is Finally Clear Tech Industry and CEOs Curry Favor With Trump Ahead of His Inauguration AI Is Detecting More Breast Cancer Cases, Study Suggests Huge randomized trial of AI boosts discovery — at least for good scientists GM Calls It Quits on Mary Barra's $50 Billion Robotaxi Dream You Can Buy a Car on Amazon Now Host: Leo Laporte Guests: Cathy Gellis, Mike Elgan, and Emily Forlini Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Get episodes ad-free with Club TWiT at https://twit.tv/clubtwit Sponsors: mintmobile.com/twit shopify.com/twit
  1. TWiT 1010: The Densest State in the US – TikTok Ban, Drones Over Jersey, GM Quits Robotaxis
  2. TWiT 1009: Andy Giveth & Bill Taketh Away – Trump's Tech Titans, Crypto Boom, TikTok's US Ban, Intel CEO Exits
  3. TWiT 1008: Internet Legal – Australia's Social Media Ban for Kids, Smart Home Nightmare, Bluesky's Ascent
  4. TWiT 1007: All the Hotdogs in the World – China's "Salt Typhoon" Hack, Google on the Chopping Block, Recall AI
  5. TWiT 1006: Underwater Alien Civilizations – Bluesky Growth, Tyson Vs. Paul, AI Granny