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Robots are coexisting with people in various settings by entering the nook and corner of the modern technological world. In the coming decades, technology is expected to fundamentally change the world for good, and remarkably, robots will be at the core of these shifts. The idea of collaboration between humans and machines is being widely accepted as a futuristic source for next-generation improvement. Robots are already performing various tasks starting from optimizing warehouse production to cleaning homes, assisting surgeons and tackling loneliness. A recent news report indicates that the robotics market will be worth US$73 billion by 2025, and the current pandemic decreased the initial growth projection only by 3%. However, running an organization that supports robotics is no easy task. Fortunately, in recent years, several start-ups are also entering the robot race. They are working on diverse ideas like autonomous vehicles, mobile robots, toy robots and software to give robots common sense and make them easier to use. Analytics Insight has listed Top 10 Robotic start-ups that are making a breakthrough in 2021.
Soft Gripping is a futuristic robotics start-up that helps customers build their own individual gripper or multi-actuator system with the help of the company. Soft Gripping's pneumatically powered elastic gripper allows easy, robust and very light designs. The company works on a motive that soft and adaptive surfaces are ideal for fault-tolerant handling and a safe collaboration with humans. The US-based start-up serves logistics and food industry with appropriate robots. Soft Gripping is developing working on collaborative robots for consumers.
Covariant is a developer of artificial intelligence for robotics. The company is building the Covariant Brain, a universal AI to give robots the ability to see, reason and act on the world around them. Founded in 2017, Covariant brings Covariant Brian to commercial viability, starting with the industries that make, move and store things in the physical world. In June 2020, the company secured a US$40 million in Series B funding round led by Index Ventures to push its total funding to US$67million.
Brain Corp is a San Diego, California-based AI start-up that is creating transformative core technology for the robotics industry. Founded in 2009, the company's comprehensive solutions support builders of today's autonomous machines in successfully producing, deploying and supporting robots across commercial industries and applications. Brain Corp envisions a world where the lives of people are made safer, easier, more productive and more fulfilling with the help of robots. The company is innovating quickly and powering the world's largest fleet of autonomous mobile robots (AMRs) operating in commercial public spaces.
Robust.AI is a robotics start-up building the world's first industrial-grade cognitive engine. Founded in 2019, the company runs around, automates some day-to-day tasks, and even converses with people on a very basic level. The California-based start-up is engaged in developing a cognitive engine, which robots use to serve for different purposes like manufacturing, healthcare, etc. In October 2020, Robust.AI has closed a US$15 million Series A investment round taking the company's total funding to US$22.5 million.
Sastra Robotics India Pvt Ltd is a technology and robotics company that builds and delivers robotic solutions for human-like automated functional testing of real physical devices. Founded in 2013, the company aims to develop and market novel and high-end robotics technologies for a wide range of applications aimed at the welfare of humanity. Sastra Robotics' products are being used by OEMs and Service Providers to expedite test cycles and reduce the time-to-market for their products.
Aegeus Technologies is one of India's major start-ups that strive to develop friendly robotics systems to conserve the environment. The company builds technologies and solutions for protection and efficient use of energy across industries and utilities. Aegeus aims to make electrical power safe, reliable, efficient and sustainable. After all the R&D and successful tests of Waterless Robotic Panel Cleaning Technology on commissioned products in India, Aegus announced its plans to launch its robots for ground mount and rooftop projects in the middle east.
Saildrone is a California-based robotics start-up designing wind and solar-powered autonomous surface vehicles called Saildrones. Saildrones make cost-effective ocean data collection possible at large scale. The company's measurement and observations from above and below the ocean surface provide intelligence and insight for subjects ranging from maritime security to mapping and earth system processes such as weather forecasting, carbon cycling, global fishing and climate change. Saildrone's patented wind technology was born from ten years of R&D in pursuit of the land speed record.
Furhat Robotics is a Conversational AI and Social Robotics start-up that has developed the world's most advanced social robotics platform. The company envisions building a human-like computer interface that enables people to interact with machines in the same way that humans interact with each other. Based in Stockholm, Furhat Robotics is making the promise of social robots a reality.
Pickit offers vision solution for automated bin picking, depalletizing and part localization. The robotics start-up helps customers automate picking and placing parts of varying size, shapes and materials. Pickit is a plug and play product that guides robots to pick and place a wide range of things in different applications. The 3D camera and Pick-it software detects the 3D position, orientation and dimensions.
Digital Dream Labs is a pioneer in STEAM technology that develops entertaining games to teach the core pillars of education. The high-tech firm specializes in creating engaging language and system-agnostic products that connect with kids of all ages. Imbued with personality and spirit, the line of robots is more than a simple educational tool. In December 2019, the company broke the silence and announced that it has plans to acquire Anki's assets and revive all of Anki's product lines.
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