Investors ignored manufacturing startups for years. These ex-Apple engineers raised a $33 million fund to change that. - Business Insider
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Key takeaways
- The humanoid‑robot sector is heating up with several high‑profile developments this month.
- Robot.com introduced its R‑noid platform, a purpose‑built humanoid for repetitive, multi‑shift tasks that can be deployed in as little as eight to twelve weeks under a robot‑as‑a‑service model and runs on Nvidia‑backed AI foundations.
- In South Korea, Holiday Robotics secured a $103.4 million Series A to mass‑produce its humanoid units, targeting a production capacity of over 10,000 robots per year and a unit price near $66,700.
- Meanwhile, AI² Robotics announced a $735 million financing round that lifted its valuation to about $3 billion as it scales wheeled humanoid manipulators with five‑fingered hands.
- The market momentum is reflected in a 300 % year‑over‑year rise in venture capital to more than $6 billion for humanoid companies, with Morgan Stanley projecting a $5 trillion market by 2050.
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The latest news and analysis on robotics, from humanoid AI to real-world automation.
The latest news and analysis on robotics, from humanoid AI to real-world automation.
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Investors ignored manufacturing startups for years. These ex-Apple engineers raised a $33 million fund to change that.
By Rya Jetha
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