Heartland Robotics today announced that it raised $20 million in a series B venture round led by Highland Capital Partners. Other investors include Sigma Partners and existing investors Bezos Expeditions and Charles River Ventures. The Boston-based company previously raised $7 million in August, 2009.
The founder of Heartland Robotics is Rodney Brooks, a former AI reseracher at MIT and one of… → Read More
Industrial robots are nothing new, but they are getting more and more sophisticated. Watch the video above of the swarming robot warehouse pickers made by Kiva Systems. They are like orange industrial Roombas that go out and find inventory in a warehouse and bring it back to human workers to pack for shipping. Don’t fear them. Really, they are just here to help.
Zappos and Staples use the… → Read More