AMP Robotics, the recycling robotics technology developer backed by investors including Sequoia Capital and Sidewalk Infrastructure Partners, is close to closing on as much as $70 million in new financing, according to multiple sources with knowledge of the company's plans. The new financing speaks to AMP Robotics' continued success in pilot projects and with new partnerships that are exponentially expanding the company's deployments. Earlier this month the company announced a new deal that represented its largest purchase order for its trash sorting and recycling robots. That order, for 24 machine learning-enabled robotic recycling systems with the waste handling company Waste Connections, was a showcase for the efficacy of the company's recycling technology. That comes on the back of a pilot program earlier in the year with one Toronto apartment complex, where the complex's tenants were able to opt into a program that would share recycling habits monitored by AMP Robotics with the building's renters in an effort to improve their recycling behavior.
ICRA, the IEEE International Conference on Robotics and Automation, is an annual academic conference covering advances in robotics. It is one of the premier conferences in its field. This year, I was invited to attend to its 2017 edition in Singapore. With a superb organization and a beautiful location, the event included conferences of leading researchers and companies from all around the world, as well as workshops and an exhibitors area. This latter is where I spent most of my time, as I love direct interaction with the companies and research centres.
The Sino-Israeli Robotics Institute (SIRI) was inaugurated in mid-December when a delegation of nine Israeli companies -- led by Ariel University Prof. Zvi Shiller, chair of the Israeli Robotics Association, and Technion Prof. Moshe Shoham, founder of Mazor Robotics and a world leader in medical robotics -- participated in the second Sino-Israeli Robotics Innovation Conference in Guangzhou, China. Intended as "home base" for Israeli robotics companies entering the Chinese market, SIRI is located at the Guangzhou International Robotics Center (ROBOHUB), a government-supported, 4,800-square-meter robotics incubator and demonstration center including a large exhibition and demo area, innovation lab, training center, and corporate offices. "This is an exciting time for the Israeli robotics industry," Shiller said. "We are committed to establishing a true partnership with SIRI and ROBOHUB, and we look forward to broadening this strategic cooperation, which will serve as a fast track for transforming ideas into products and for moving products into the Chinese market." The conference attracted some 100 robotics companies from Guangdong Province, more than 40 of which held B2B meetings with the Israeli companies.
The International Conference on Robotics and Automation (ICRA) is the IEEE Robotics and Automation Society's flagship conference and is a premier international forum for robotics researchers to present their work. Established in 1984 and held annually, the conference joins experts in the field of robotics and automation for technical communications through presentations and discussions. The conference creates a remarkable environment to indulge all the delegates in the frontier of science and technology in robotics and automation.