Results


August 2017 fundings, acquisitions, IPOs and failures

Robohub

Auris Medical Robotics, the Silicon Valley startup headed by Dr. Frederic H. Moll who previously co-founded Hansen Medical and Intuitive Surgical, raised $280 million in a Series D round led by Coatue Management and included earlier investors Mithril Capital Management, Lux Capital, and Highland Capital. Ambient Intelligence Technology, a Japanese underwater drone manufacturer spin-off from the University of Tsukuba, raised $1.93 million from Beyond Next Ventures and Mitsui Sumitomo Insurance Venture Capital, SMBC Venture Capital, and Freebit Investment. Auris Medical Robotics, the Silicon Valley startup headed by Dr. Frederic H. Moll who previously co-founded Hansen Medical and Intuitive Surgical, raised $280 million in a Series D round led by Coatue Management and included earlier investors Mithril Capital Management, Lux Capital, and Highland Capital. Ambient Intelligence Technology, a Japanese underwater drone manufacturer spin-off from the University of Tsukuba, raised $1.93 million from Beyond Next Ventures and Mitsui Sumitomo Insurance Venture Capital, SMBC Venture Capital, and Freebit Investment.


SoftBank invests $5 billion into Didi Chuxing and $4 billion more in Nvidia

Robohub

Didi, which already serves more than 400 million users across China, provides services including taxi hailing, private car-hailing, Hitch (social ride-sharing), DiDi Chauffeur, DiDi Bus, DiDi Test Drive, DiDi Car Rental and DiDi Enterprise Solutions to users in China via a smartphone application. SoftBank Group Corp. acquired a $4 billion stake in Nvidia Corp. making it the fourth-largest shareholder of the graphics chipmaker. Nvidia recently introduced the NVIDIA Isaac robot simulator, which utilizes sophisticated video-game and graphics technologies to train intelligent machines in simulated real-world conditions before they get deployed. The company also introduced a set of robot reference-design platforms that make it faster to build such machines using the NVIDIA Jetson platform.


Bosch and Nvidia partner to develop AI for self-driving cars

Robohub

Amongst all the activity in autonomously driven vehicle joint ventures, new R&D facilities, strategic acquisitions (such as Mobileye being acquired by Intel) and booming startup fundings, two big players in the industry, NVIDIA and Bosch, are partnering to develop an AI self-driving car supercomputer. "Automated driving makes roads safer, and artificial intelligence is the key to making that happen," said Denner. The Bosch AI car computer will use NVIDIA AI PX technology, the upcoming AI car superchip, advertised as the world's first single-chip processor designed to achieve Level-4 autonomous driving (see ADAS chart). "Using DRIVE PX AI car computer, Bosch will build automotive-grade systems for the mass production of autonomous cars.