Tag: robotics

Plus One Robotics Raises $33M for Expansion into Global Markets
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Plus One Robotics Raises $33M for Expansion into Global Markets

Plus One Robotics, a San Antonio-based leading provider of vision software for logistics robots, closed a $33 million Series B funding round Tuesday. The funding will support Plus One’s ongoing expansion in the U.S. and Europe and product development driven by the global boom in e-commerce. McRock Capital, an industrial Internet of Things (IoT) fund and early-stage Silicon Valley venture capital firm TransLink Ventures, co-led the round. Existing investors joined automotive industry-focused BMW i Ventures and Kensington Capital Partners, along with innovation investors Perot Jain and Ironspring Ventures, to participate in the Series B round. Whitney Rockley of McRock Capital and Toshi Otani of TransLink will join Plus One's Board of Directors. The fundraising started just before t...
Alamo Angels Invests in UTSA Grad’s Affordable Prosthetic Startup Alt-Bionics
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Alamo Angels Invests in UTSA Grad’s Affordable Prosthetic Startup Alt-Bionics

An engineering graduate has gone from a prototype bionic hand to pre-seed funding to produce an affordable medical device for the market in less than a year. Alt-Bionics announced Friday a $25,000 investment from Alamo Angels, a San Antonio-based accredited angel investor network. The funding gets Alt-Bionics closer to helping thousands of individuals access one of the most inexpensive prostheses available in the marketplace. "Alt-Bionics mission is to create highly affordable prosthetic devices for below-elbow amputees," founder and CEO Ryan Saavedra said. "We plan to expand our line of prosthetics over time to produce bionic upper and lower extremities." The University of Texas at San Antonio (UTSA) electrical engineering graduate's robotic hand won second place at the univ...
XYREC Launches Plane Paint-Stripping Robot Operations at Port San Antonio
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XYREC Launches Plane Paint-Stripping Robot Operations at Port San Antonio

At a custom-built 7,000-square-foot facility on Port San Antonio's campus, a Netherlands-based company has been assessing its airplane paint-stripping robot. After extensive testing and validation from the Southwest Research Institute (SWRI), XYREC, a global innovator in applied robotic technology solutions, is ready to launch its first robotic plane paint-stripping operation in North American. XYREC has produced the world's largest industrial robot, measuring at over 72 feet when fully extended. It comes equipped with a high-powered laser that rapidly strips paint from any size aircraft without damaging the airframe. The automated de-coating of the plane is precise down to the micron level and can stop before removing a specified layer of paint or coating. The robotic system is mounted o...
Renu Robotics Uses Crowdfunding to Scale Autonomous Robotic Tractors Company
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Renu Robotics Uses Crowdfunding to Scale Autonomous Robotic Tractors Company

Renu Robotics is crowdfunding its line of autonomous robotic tractors to provide maintenance at large-scale solar farms. The San Antonio startup is developing mowers that don’t need supervision to help solar power operations reduce their maintenance and labor costs. Wind and solar make up more than three-quarters of the electricity capacity coming online in the country this year, according to the U.S. Energy Information Administration (EIA) 2020 Annual Energy Forecast. Globally, wind and solar energy generation is expected to grow four to five times faster than every other source of power between now and 2050, this McKinsey study concluded. Company founders Michael Eyman and Tim Matus launched Renu Robotics in 2018 after they recognized the opportunity posed by the rapidly growing so...
Reckon Point Robotics Startup Raises $1.5M in Seed Funding
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Reckon Point Robotics Startup Raises $1.5M in Seed Funding

San Antonio indoor navigation robotics startup Reckon Point announced Friday the close of its $1.5 million seed funding round.  Notes We Buy, LLC, headed by George Atallah, an entrepreneur with over 30 years of experience as a real estate investor, developer and asset manager in the Texas and California markets, led the round with $1.2 million.   Reckon Point also received funding from Khaled Saffouri, angel investor and president of the San Antonio-based digital marketing company Digiboost, to bring the total amount invested to $1.5 million. Located at Port San Antonio, Reckon Point specializes in indoor GPS mapping and navigation services. San Antonio native, chief executive, and founder Gabe Garza launched Reckon Point in 2015 after he engineered robots for indoor navigation using th...
Plus One Robotics Expands to New 10,500-Square-Foot Facility at Port San Antonio
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Plus One Robotics Expands to New 10,500-Square-Foot Facility at Port San Antonio

Despite the gloomy weather, onlookers eagerly lined up to tour the new Plus One Robotics facility at Port San Antonio Tuesday. Co-founders Shaun Edwards, Paul Hvass, and Erik Nieves have combined several advanced technologies in order to automate warehouse operations for e-commerce companies. The robotics startup developed innovative software that trains three-dimensional camera-equipped robots using machine learning to teach them how to see and pick up items on an assembly line. The advanced vision capabilities and high-performance manipulators are parts of the company's PickOne system, an automated, mixed parcel sorting and picking (or singulation) system. The company also offers Yonder, a remote robot management service for enterprises, and CheckOne, an automated quality assurance...
Largest State FIRST Robotics Competition Comes to San Antonio in 2020
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Largest State FIRST Robotics Competition Comes to San Antonio in 2020

Hundreds of high school students from Texas and New Mexico will converge at San Antonio's Alamadome April 2 to April 4, 2020 to compete in the state's Foundation for Inspiration and Recognition of Science and Technology or FIRST Robotics Competition, the largest robotics competition in Texas. The Texas Workforce Commission (TWC) awarded the FIRST In Texas Foundation, the nonprofit organization that hosts the robotics competitions,  a $1,000,000 grant Tuesday to support student-led FIRST robotics teams across the state. Funding targets Texas schools with the highest percentage of underserved and underrepresented students to help create competitive robotics teams. “TWC is proud to join FIRST in Texas in providing a setting where extraordinary students can get hands-on experience in STE...
Demand Driving Growth in San Antonio Robotics Community
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Demand Driving Growth in San Antonio Robotics Community

Over 75 people crowded into a meeting space Thursday at the San Antonio Museum of Science and Technology (SAMSAT). The big draw was robotics at the inaugural meeting of the new SATX Robotix meetup group. Its mission is to organize and grow San Antonio’s robotics community to meet the anticipated demand for specialized expertise. Shaun Edwards and Paul Hvass are two former Southwest Research Institute (SwRI) engineers and current co-founders of Plus One Robotics. The duo, with help from others in the robotics community, organized the first SATX Robotix Meetup at SAMSAT. Edwards explained the goal for the group was “to establish San Antonio as a significant and quality contributor to ROS.” ROS—short for robot operating system, is open-source software used as the operating system of a r...
San Antonio Startup Plus One Robotics Raises $8.3M
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San Antonio Startup Plus One Robotics Raises $8.3M

A San Antonio startup has raised $8.3 million in funding, according to a Securities and Exchange Commission (SEC) filing last week. The industry leader in robot perception technology, Plus One Robotics, Inc., received the investment from an undisclosed source. “We did file the Form D with the SEC earlier this week, which only tells the world that we raised over $8 million,” Plus One Robotics chief executive officer (CEO) Erik Nieves said Friday afternoon. “What is important is the launch of our new technology and the partnerships it took to build it.” Plus One Robotics has partnered with leaders in robot manufacturing, system integration, and e-commerce to develop the PickOne Perception system for the order fulfillment and parcel shipping sector. The startup launched the new system i...