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Wednesday, November 27, 2024

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


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RoboBusiness.

Robotics is a quickly evolving subject. Over the past 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 often known as “vertical robotics,” the place corporations give attention to 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 house.

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 rising give attention to vertical use circumstances, notably in rising fields like agriculture, development, mining, meals, and lab and pharma. As well as, Sanjay will talk about the hurdles going through the autonomous automobile {industry} and the way M&A exercise from incumbent OEMs shall 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 cellular messaging firm. Aggarwal scaled Unicel to turn out to be a frontrunner within the Indian market and efficiently exited the enterprise to Karix Cellular.

Earlier in his profession, Aggarwal labored at Devonshire Buyers (the non-public fairness group of Constancy Investments), McKinsey and Firm of their US and India workplaces, and at Berkeley Course of Management (acquired by Moog Inc), the place he constructed machine automation methods. 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 targeted on creating business robots. There shall be 60-plus audio system, 100-plus exhibitors and demos on the expo ground, networking receptions, the Pitchfire Robotics Startup Competitors and extra. You possibly can try the present listing of audio system, to which extra shall be added.

RoboBusiness shall be co-located with the Discipline Robotics Engineering Discussion board, an occasion targeted 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, at the moment in its ninth yr. Each occasions entice engineering and enterprise professionals from a broad vary of healthcare and medical know-how backgrounds.

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