Teradyne Robotics Ventures is proud to be part of Pickle Robot Company's Series B raise of $50 million. Ever since our first meeting, we've been impressed by the team, the technology, and the opportunity to alleviate more dull and dangerous work. Pickle raised a big round in a difficult funding environment, and has received orders in 3Q24 for over 30 truck unloading robots for delivery in the first half of 2025. Congratulations to founders Andrew Meyer, Ariana Eisenstein, and Dan Paluska, and the entire team. Let's propel #robots #truckunloading in to the future! #funding We join Toyota Ventures, Hyperplane, Catapult Ventures, Third Kind Venture Capital, One Madison, and others in this round. https://lnkd.in/e-x9mVt6
Teradyne Robotics Ventures
风险投资与私募股权管理人
North Reading，MA 753 位关注者
A strategic investing partner backed by the leader in collaborative and mobile robots.
关于我们
Teradyne Robotics Ventures is a strategic investing partner backed by the leader in collaborative robotics and automated semiconductor test. With global sales, industry-leading technology, and the industry’s largest ecosystem of automation partners we are able to provide our portfolio companies with strategic business guidance, technical assistance, and customer and partner introductions. Web page with contact information coming soon!
- 所属行业
- 风险投资与私募股权管理人
- 规模
- 2-10 人
- 总部
- North Reading，MA
- 类型
- 上市公司
- 创立
- 2024
- 领域
- Robotics、Automation、B2B和Series A and later
地点
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主要
获取路线
600 Riverpark Drive
US，MA，North Reading，01864
Teradyne Robotics Ventures员工
动态
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There will always be articles about how automation is up or down, good or bad, but automation has been improving people's lives since even before the Jacquard loom in 1804. We at Teradyne Robotics Ventures take the long view, that investment in automation is investment in mankind's future. Local variations in adoption are just that: small bumps in the road. (Picture source: Wikimedia Commons) https://lnkd.in/gTb6Qsbj
The Wall Street Journal Robotics Article Makes a Mistake, and Jeff Burnstein Sets the Record Straight Last week, the The Wall Street Journal published an article titled “Demand for Industrial Robots Loses Steam” (Business & Finance, Oct. 8), discussing how U.S. manufacturers are cutting back on robot purchases due to easing labor shortages and declining production volumes. While the article was correct about the post-Covid decline and the impact of higher interest rates, it was wrong about labor availability and the willingness of workers to take on the tasks robots have been filling. I discussed this with Jeff Burnstein, President of the A3 - Association for Advancing Automation, and we both found the labor claims off base. Jeff wanted to set the record straight. Here’s his response, as published in the WSJ: “While the number of robots ordered has declined recently after record sales in 2021 and 2022, people aren’t lining up to go back to dull, dirty, and dangerous factory jobs. U.S. factories faced labor shortages long before the pandemic, and as boomers still in those jobs retire, labor numbers will drop quickly. Robots aren’t going away. They drive economic resilience and growth, ensuring that the U.S. remains competitive and employees prosperous. Companies that automate, especially when unable to find and keep human workers, stay productive and grow, creating even more jobs. The automotive industry has long experienced this, and now, so are many others. While we are still in the early stages of automation, we expect that as more companies automate, we’ll see safer, better-paying jobs and fewer of the dull, dirty, and dangerous jobs people don’t want to do.” – Jeff Burnstein Thank you, Jeff, for setting the record straight. WSJ Robot Article: https://lnkd.in/e86jD9cU Jeff’s response: https://lnkd.in/eYDf9xdt #robotics #manufacturing
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It’s a busy week! Today Eric Truebenbach is on a panel to discuss robotics investment trends at #Robobusiness https://lnkd.in/g8qwhyCn
The latest robotics investment trends to be revealed, analyzed at RoboBusiness 2024 - The Robot Report
https://www.therobotreport.com
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Congratulations to Erin Linebarger, Ph.D. and the rest of the team at Robotics 88, winners of the RoboBusiness Pitchfire competition! Erin's pitch impressed the judges Ellen Chisa, Ted Larson, Rugved Hattekar and Eric Truebenbach with her explanation of the technology, path to profitability, and additional future applications. robotics88.com
Decision-Making
robotics88.com
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Eric Truebenbach was on the panel ‘Driving the Future of Robotics Innovation,’ alongside industry leaders Joan-Wilhelm Schwarze, M.Sc., Amit Goel, and John Bubnikovich. We covered a lot of topics, with AI's influence on robotics leading the way. Teradyne Robotics Ventures believes that lightweight edge AI is the key to unlocking myriad new applications. Of course we invest more broadly than that, but we spend a lot of time encouraging development of real-life AI applications.
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Be sure to join us at #Robobusiness in Santa Clara on October 16. Eric Truebenbach, our Managing Director, will be on a keynote panel "Driving the Future of Robotics Innovation", and will also be a judge of the Pitchfire contest, along with Ellen Chisa, Ted Larson, and Rugved Hattekar. Companies in the competition are Copper Robotics, dexman.ai, Isochronic AG, Paradigm Robotics, Robotics 88, and Summer Robotics. Looking forward to an exciting day! https://lnkd.in/emv4N2sA
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Eric Truebenbach spent some time teaching Korean startups about US based CVC investors, sponsored by #KAIST. We don't invest in Korea at the moment, but we're always happy to help startups out where we can. https://lnkd.in/ehm2uZsT
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We're participating in the Odense Investor Summit this week! Eric Truebenbach will be discussing how to attract CVC investments. Looking forward to meeting with JOIN CAPITAL, IQ Capital, BACKED VC, VISTI UNLIMITED, Maersk Growth, Taver Capital Partners, Speedinvest, Superseed Ventures, ABridge Venture, Open Circle Capital, Odense Robotics, PSV, REInvest Robotics and many startups.
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Ten years ago, I attended my first #Robobusiness conference. I learned so much, and met so many influential and interesting people. This year, I'll be discussing the future of robotic innovation with Joan-Wilhelm S. from DHL, John Bubnikovich from ABB, and Amit Goel from NVIDIA. Be sure to join us for the keynote panel on October 16 in Santa Clara! https://lnkd.in/ey3-V3S #RoboBiz2024
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While our fund invests in software as well as hardware, Andra Keay captures several of our investment theses in this article. And it supports why we started Teradyne Robotics Ventures. - Because we are the only fund with a deep understanding of the markets, technology, and competition, we avoid many of the bad product/market fit pitfalls, as well as the worst technical risks. - We like to invest at that critical point where GoToMarket is just getting started. GTM is HARD. We help new companies transition from pilots to volume, using our customer, distributor, and market contacts. We need more robotics companies in the world, both hardware and software. I won't tell you our numerical goals for investment success rates, but I can tell you we are aiming stratospherically higher than the dismal reality of the statistics cited in this article. And we invest time to make that happen. https://lnkd.in/gKEen8MG
THIS is why hardware is HARD!
Andra Keay，发布于领英