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Dexterous AI-Powered Robot Stanford Spinout Company RIOS Raises $5 Million

Source: Pulse 2.0 / by Dan Anderson RIOS — a developer of dexterous AI-powered robots for automating assembly lines — announced it raised $5 million in venture funding. RIOS — a developer of dexterous AI-powered robots for automating assembly lines — announced that it came out of stealth mode and raised $5 million in venture funding. This funding round was led by Valley Capital Partners (VCP) and Morpheus Ventures with …Read More

Cold chain gets more sophisticated

Source: Modern Materials Handling / by Gary Forger Cold chain is heating up. No, freezer and refrigerated warehouses aren’t getting any warmer. But, there sure is steadily increasing demand for their inhospitable temperatures. And, it’s true for food as well as pharmaceuticals. “The cold storage sector and broader food industry continue to evolve nationally due to a variety of factors including changing consumer dietary and delivery preferences and growth in the …Read More

Up Close and Personal with Locus Robotics’ Warehouse Robots

Source: Americaninno / by Emily McNeiece For those uninitiated into the world of warehouse robotics, Locus’ robots are truly a sight. They buzz around a warehouse like honeybees in a hive, stopping at shelves, interacting with humans, and navigating the narrow rows of shelving with their sensors. They work in tandem with their human co-workers, communicating through their touchscreens. Locus Robotics is a Wilmington-based robotics company that sells robots to warehouses …Read More