robotics
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Meet Alchemist’s class XIV startups making everything from smart beer taps to a faster internet
Enterprise tech startups unveiled their products and pitched investors at Alchemist Accelerator’s 14th demo day in Santa Clara, Calif. today. The companies ranged from a Stanford AI labs spinout, Eloquent Labs, to the hardware-makers like Amber Agriculture and PubInno, to lots of software-as-a-service and cybersecurity developers, more like you’d expect from an… Read More
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Drone delivery startup Flirtey raises $16 million to become a next-gen UPS
Drone delivery startup Flirtey has raised $16 million in Series A funding to bring its high-flying service to new customers, companies and possibly countries. Earlier, the startup raised $120,000 in seed funding and participated in the Y Combinator accelerator. Flirtey was also the first company to attain FAA approvals to conduct a drone delivery in the US in 2015. That fact helped it… Read More
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Alchemist Accelerator closes $2.5 million to back enterprise tech startups
The Alchemist Accelerator has closed a $2.5 million fund for very early stage investments in tech startups serving large organizations in an era when robotics, artificial intelligence and the internet of things are fundamentally changing the way they operate. Limited partners in Alchemists’ second fund included Johnson Controls, Ericsson, and Analog Garage, a VC arm of Analog… Read More
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Measure raises $15 million to fly drones as a service for other companies
Measure may not be building the ultimate flying camera, or drones that drop burritos at your door. But the Washington D.C.-based startup has raised $15 million in Series B funding to fly drones as a service for other businesses that want to do things like conduct inspections, capture videos, or gather other insights from on high. Measure CEO and cofounder Brandon Torres Declet said,… Read More
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Las Vegas launches the first electric autonomous shuttle on U.S. public roads
Las Vegas, transportation beat reporters can’t quit you; CES was like a car extravaganza, and now you’re launching a self-driving, fully electric shuttle on public streets. The shuttles are the result of a partnership between shuttle-maker Navya, fleet logistics provider Keolis and the city of Las Vegas, and began picking up members of the public today, riding a regular route… Read More
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Hardware and robots to watch at the HAX IX demo day
An accelerator for hardware and robotics startups called HAX is holding its 9th Demo Day in San Francisco today. Startups pitching investors there span industries from education to agriculture and medicine. Examples include: FLASH Robotics’ “social robot” EMYS that teaches kids how to speak a new language; Amber Agriculture’s bean-shaped sensors that monitor corn… Read More
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What the drone industry wants from the FAA and Trump
The commercial drone industry in the U.S. hasn’t heard much from the President-elect about his plans for rulemaking that will impact their business and global competitiveness. Last month, Associated Press broke the story that Trump is interested in privatizing air traffic control, wresting that responsibility from the Federal Aviation Administration and handing it to a nonprofit… Read More
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Genesis Partners spins out $50 million fund, F2 Capital, to back early-stage startups in Israel
Three members of the senior investing team at Genesis Partners, a major Israeli venture firm, are stepping out with a new, early-stage fund of their own called F2 Capital. For the unfamiliar, Genesis Partners’ portfolio companies have been acquired by the likes of Apple, IBM, Microsoft and Sapiens over the past decade, and have gone public on the Nasdaq exchange in the U.S. as well.… Read More
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Draper Nexus closes $175 million fund, LP’s include Panasonic, Canon and other Japanese tech giants
Early stage venture firm, Draper Nexus, has closed its second fund at $175 million, according to Managing Director Q Motiwala. Its debut fund closed in 2013, at $50 million. Limited partners in Draper Nexus are global tech conglomerates, primarily based in Japan. For its second fund, the firm signed up about 20 LP’s including Panasonic, Hitachi, Kyocera, Shimizu, NEC, Canon and others.… Read More
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DroneBase raises from Union Square to pay any pilot for aerial footage
That drone in your closet could earn you some money thanks to DroneBase, a startup that delivers aerial data and footage to business clients. DroneBase’s new Pilot Program lets drone owners find gigs nearby where they can fly 10-minute missions, upload the assets, and get paid if a DroneBase clients wants to buy the info. By connecting idle pilots with needy businesses, DroneBase can… Read More
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