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Wednesday, November 27, 2024

RoboBusiness: a VC’s perspective on the state of robotics funding


At RoboBusiness, Aggarwal will talk about the hurdles dealing with the AV {industry} and what to anticipate within the robotics {industry} within the coming 5 years.

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Robotics is a quickly evolving discipline. During the last 5 years, the robotics {industry} has witnessed the rise and fall of autonomous automobiles as a class. On the similar time, we’ve seen the emergence of a brand new class generally known as “vertical robotics,” the place corporations concentrate on industry-specific vertical use circumstances. Early successes have centered round logistics, protection and safety, and drugs. The autonomous automobiles class yielded a greater understanding of tips on how to construct profitable robotics corporations and educated a brand new technology of skilled entrepreneurs and operators within the robotics area.

At RoboBusiness, which takes place in Santa Clara, CA, on October 18-19, Sanjay Aggarwal, a Enterprise Associate at F-Prime Capital, will talk about what to anticipate within the robotics {industry} within the coming 5 years, the way it will proceed to increase, with an growing concentrate on vertical use circumstances, significantly in rising fields like agriculture, building, mining, meals, and lab and pharma. As well as, Sanjay will talk about the hurdles dealing with the autonomous automobile {industry} and the way M&A exercise from incumbent OEMs will probably be a key indicator of success for vertical robotics.

Previous to becoming a member of F-Prime Capital, Aggarwal was CEO of Unicel Applied sciences, an India-focused cell messaging firm. Aggarwal scaled Unicel to turn into a pacesetter within the Indian market and efficiently exited the enterprise to Karix Cellular.

Earlier in his profession, Aggarwal labored at Devonshire Traders (the non-public fairness group of Constancy Investments), McKinsey and Firm of their US and India places of work, and at Berkeley Course of Management (acquired by Moog Inc), the place he constructed machine automation techniques. Aggarwal holds a B.S. in Mechanical Engineering from MIT, an M.S. in Mechanical Engineering from UC Berkeley, and an M.B.A. from the MIT Sloan Faculty of Administration.

RoboBusiness is the main occasion centered on creating industrial robots. There will probably be 60-plus audio system, 100-plus exhibitors and demos on the expo flooring, networking receptions, the Pitchfire Robotics Startup Competitors and extra. You may try the present checklist of audio system, to which extra will probably be added.

RoboBusiness will probably be co-located with the Area Robotics Engineering Discussion board, an occasion centered on efficiently creating robots that function in wide-ranging, outside, dynamic environments.

Additionally co-located with RoboBusiness is DeviceTalks West, the premier {industry} occasion for medical know-how professionals, presently in its ninth 12 months. Each occasions entice engineering and enterprise professionals from a broad vary of healthcare and medical know-how backgrounds.

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