Robust.AI raises a $15M Series A to improve problem solving for collaborative robots

Robust.AI today announced that it has raised a $ 15 million Series A, led by Jazz Venture Partners. Existing partners Playground Global, Liquid2, Fontinalis, Jaan Tallinn and Mark Leslie also participated in the round, which brings the Bay Area-based robotics AI startup’s funding up to $ 22.5 million.

Founded mid-2019, the company counts Rodney Brooks among its C-level executives. The iRobot co-founder serves as the startup’s CTO, following the unexpected closure of the promising (but financially untenable) Rethink, which gave the world the Baxter and Sawyer robots. (Fellow iRobot co-founder Helen Greiner also notably landed at a new venture in recent months). CEO Gary Marcus, meanwhile, is also the co-founder of Geometric Intelligence, which was acquired by Uber, back in 2016.

At the core of Robust.AI are plans to build “the world’s first industrial-grade cognitive engine for robots,” essentially providing collaborative robots sufficient problem-solving capacity to effectively work alongside humans.

The company is still quite new, but many robotics and automation investments have seemingly been fast-tracked by a pandemic that has hamstrung much of the human workforce. Robust’s stated mission is to overhaul the software stack that runs many of these machines, in order to to make them function better in often complex environments.

“Finding market fit is as important in robots and AI systems as any other product,” Brooks said in a statement. “We are building something we believe most robotics companies will find irresistible, taking solutions from single-purpose tools that today function in defined environments, to highly useful systems that can work within our world and all its intricacies.”

Startups – TechCrunch

The best startup idea came from founders being interested in a specific field and saw something missing. How do I solve a problem if I’m not interested in any field?

My only interests are building startups. I’m not interested in sports, video games, instruments. All I do is go to the gym casually and work on startup ideas. So how do I find problems that everyone else is missing if I have nothing I’m particularly knowledgeable about?

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Startups – Rapid Growth and Innovation is in Our Very Nature!

Solve the ‘dead equity’ problem with a longer founder vesting schedule – TechCrunch – Best gaming pro

Solve the ‘dead equity’ problem with a longer founder vesting schedule – TechCrunch  Best gaming pro
“nigeria startups when:7d” – Google News

If you Face any problem relating Trading, then Don’t worry Ask Traders are there for you

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Startups – Rapid Growth and Innovation is in Our Very Nature!

Why isnt a startup solving the problem of voting?

It does look like there is acute pain in the electoral process in America. If anyone was doing a customer development process, it would come up fair and square that there is a dire need for a system that would be reliable and can scale – as the pandemic and lack of trust with ballots is a double whammy otherwise.

With all the talk about consensus based systems and blockchains, why isnt there consideration for a system that can solve this at scale? It might even be a system that would benefit the whole world at large conduct free and fair elections, all via their mobile devices.

Edit : While I say Startup, it could also be a non-profit foundation, backed by tech giants who could commit resources plus talent to build this solution, which would then be managed / executed via the government + volunteers.

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Startups – Rapid Growth and Innovation is in Our Very Nature!

Experienced Technical Founder Looking for a Problem

Most recently I was the CEO of a moderately successful hardware tech startup that ended up getting acquired. I led the sales/marketing team with great revenue growth, I was the hardware and firmware designer of the product that was made (we manufactured about 10,000 units), and I do front and back end software as well. So I'm definitely a generalist but have strong technical background.

Since that company I have been looking for my next startup and will admit I have been struggling to find the right problem to solve. In the meantime I have been freelancing a bit but I'm not giving up on the plan to start up another company.

I thought it might be fun to look to r/startups for advice or any guidance for a guy who feels like he's spinning his wheels a bit. Any help is appreciated!

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Startups – Rapid Growth and Innovation is in Our Very Nature!

Before You Validate Your Solution…Validate Your Problem

Founders often make the mistake of discussing their solution first, rather than clearly identifying the problem. Validation can take many forms and I want to highlight 3 of the most common:

  • Market Research: Critical and by far the least impactful. Market research is a need to know, but investors won't be overly impressed that you have an understanding of the market you operate in. Comes with the territory!
  • Digital Marketing: Cheap & easy. Full-scale marketing can cost thousands, but running a few $ 5/day ads directed to your landing page and monitoring is cheap. Think through the suite of options including: Social Media, SEO, PPC, blogs, podcasts, email marketing, influencers, and content marketing.
  • Customer Interviews: Peak validation and completely free. Hard for even the most seasoned investor to argue a problem doesn't exist if you show them +100 confirmatory interviews, surveys, etc. Not every customer engagement is going to be validating, but this isn't about a singular customer. It's about a thorough understanding of each customer's problem/context in order to best extract commonalities in order to serve the needs of the "cumulative customer."

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Startups – Rapid Growth and Innovation is in Our Very Nature!