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Palihapitiya Part Of $2.7B SPAC Deal To Purchase Berkshire Grey
Wednesday, February 24, 2021 - 1:53pm | 544Read More...A pure-play robotics company proving automation solutions is hitting the public markets with a SPAC deal announced Wednesday morning. The SPAC Deal: Berkshire Grey, which uses artificial intelligence for robotics and automation solutions, announced a SPAC merger with Revolution Acceleration...
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Fintech Focus For February 9, 2021
Monday, February 8, 2021 - 8:32pm | 2129Read More...Quote To Start The Day: If you can change your mind, you can change your life. Source: William James One Big Thing In Fintech: Tesla has disclosed in an SEC filing published Monday that it has bought $1.5 billion worth of bitcoin. "In January 2021, we updated our investment policy to provide...
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DoorDash Buys Food Robotics Startup Chowbotics: Report
Monday, February 8, 2021 - 3:30pm | 327Read More...Third-party restaurant delivery platform DoorDash Inc. (NASDAQ: DASH) has reached an agreement to acquire the robotics startup company Chowbotics, according to The Wall Street Journal, which cited unnamed people familiar with the deal. What Happened: Chowbotics is a tech company...
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Do Warehouse Robots Dream Of Electric Sheep? – WHAT THE TRUCK?!?
Friday, August 14, 2020 - 3:38pm | 262Read More...On today's episode, Dooner and The Dude talk about SVT Robotics' warehouse integration, the good and bad of e-commerce for Amazon and USPS, TK7 Products' push toward green initiatives, how to talk to millennials in trucking, FreightWaves' new swag store. and what's On The Radar in SONAR. Plus, Bad...
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Report: Warehouse Robotics Investment Surges 57% In 2020
Thursday, July 2, 2020 - 5:13pm | 720Read More...A PitchBook report documents a surge of investment in the warehouse robotics space. Survey points to renewed investor interest in supply chain tech opportunities Investment in warehouse robotics technology startups clocked in at $381 million in the first quarter of 2020, up 57% from the same...
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Robots Are Very Good At Social Distancing
Wednesday, March 25, 2020 - 3:11pm | 1056Read More...Consumer concerns about autonomous robots may give way to more favorable impressions as demand for human-free delivery grows during the coronavirus outbreak. Not so long ago, a "techlash" threatened to derail progress on autonomous transportation, and critics talked about corrective actions such...
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Fetch Robotics Democratizes Warehouse Automation
Monday, March 2, 2020 - 11:36am | 486Read More...Fetch Robotics, a cloud robotics and on-demand automation company, announced a new drag-and-drop development toolkit on March 2. The toolkit allows customers to implement flexible automation in existing warehouse facilities – without third-party assistance. "With Workflow Builder, we're making a...
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Exclusive: Mass Layoffs Reported After Starsky Robotics Fails To Find Buyer, Investors
Monday, February 24, 2020 - 2:56pm | 1124Read More...Autonomous trucking startup Starsky Robotics has laid off the majority of its engineers and office personnel after its fundraising efforts and attempts to find a buyer failed, a former executive says. A skeleton crew remains at the company's headquarters in San Francisco as Starsky co-founders...
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Six Trends Changing Logistics In 2020
Tuesday, February 18, 2020 - 3:36pm | 1304Read More...Logistics plays a significant role in keeping the world economy moving. However, what keeps logistics moving? In 2020, we're seeing new global pressures, opportunities in ecommerce markets and alliances coalescing around new technologies. Here's a look at some of the top logistics trends impacting...
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Kodiak Robotics Celebrates Six Month Milestone
Monday, February 17, 2020 - 10:00am | 1276Read More...Self-driving truck startup Kodiak Robotics recently celebrated six months of running commercial loads in Texas, marking a milestone for the Mountain View, California, company that was founded in 2018 by industry veterans. With a facilities center in North Texas, the company is making daily...
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Prospective Amazon Delivery Robot Would Navigate Air, Land And Sea
Wednesday, January 22, 2020 - 11:53am | 726Read More...Amazon.com, Inc. (NASDAQ: AMZN) has won a patent for a multifaceted last-mile autonomous robot the company is calling, prosaically, a "storage compartment vehicle" (SCV), designed to deliver and retrieve items potentially from multiple customers on a single trip. The patent application, published...
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Sorry Skynet: Zume Shuts Down Robotic Pizza Business
Monday, January 13, 2020 - 4:47pm | 306Read More...Skynet might need a new pizza delivery platform as Zume shuts down its robotic pizza business to better focus on food packaging, production and delivery systems, Restaurant Business reported. Reports of Zume's shift in focus surfaced last week and took effect Monday. The five-year-old startup...
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Starsky Robotics Seeks Potential Buyers As Autonomous Startup Struggles To Raise Funds
Thursday, December 26, 2019 - 9:40am | 664Read More...Autonomous trucking startup Starsky Robotics is in talks with potential buyers, including some with its rivals, after failing to raise new funding to stay afloat, a former employee claims. The 3-year-old startup is best known for its Level 4 autonomous trucking technology that uses truck drivers...
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Starsky Robotics Downsizes Over-The-Road Trucking Fleet
Tuesday, December 24, 2019 - 10:14am | 757Read More...While Starsky Robotics says it remains committed to developing Level 4 autonomous vehicle technology, the company's over-the-road trucking fleet is not faring as well. Starsky recently decided to downsize the OTR fleet. The 3-year-old startup is best known for its fully unmanned truck trip on a 9....
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Starsky Robotics' Remote-Controlled Trucks Will Give Drivers The Remote
Wednesday, December 18, 2019 - 12:30pm | 685Read More...On one hand, Starsky Robotics is a traditional over-the-road trucking company that relies on its 36 trucks for freight delivery and revenue. But the startup founded in 2016 by Stefan Seltz-Axmacher and Kartik Tiwari was launched to solve a problem plaguing the freight industry: the driver shortage...
