Business
Fort raises $13M for its robotics safety software
Fort Robotics today announced a $13 million raise. Led by Prime Movers Lab, the round also features Prologis Ventures, Quiet Capital, Lemnos Labs, Creative Ventures, Ahoy Capital, Compound, FundersClub and Mark Cuban.
The Philadelphia-based company was founded in 2018 by Samuel Reeves, who previous headed up Humanistic Robotics. That fellow Pennsylvania startup is focused on landmine and IED-clearing remote operating robotic systems.
The newer company is focused more on safety software, for collaborative robotics and other autonomous systems. Among the other issues being tackled by the company is cybersecurity vulnerability among these sots of workplace robotics. Other issues targeted here include broader system failure and potential human error.
The company says it currently works with 100 companies across a wide spectrum of categories, from warehouse fulfillment and manufacturing to delivery and transportation.
“The world is on the cusp of a new industrial revolution in mobile automation,” Reeves said in a release tied to the news. “With added investment and support, we’ll be able to rapidly scale the company to capitalize on the convergence of trend and opportunity to ensure that robotic systems are safely deployed across all industries.”
We’ve seen a fair bit of investment excitement around robotics in the past year, owing to increased interest in automation during the pandemic. Fort is well-positioned in that respect, with a solution aimed a fairly wide range of different verticals within the category.
-
Entertainment6 days ago
‘Only Murders in the Building’ Season 4 ending explained: Who killed Sazz and why?
-
Entertainment7 days ago
Polling 101: Weighting, probability panels, recall votes, and reaching people by mail
-
Entertainment5 days ago
When will we have 2024 election results online?
-
Entertainment6 days ago
5 Dyson Supersonic dupes worth the hype in 2024
-
Entertainment4 days ago
Halloween 2024: Weekend debates, obscure memes, and a legacy of racism
-
Entertainment5 days ago
Social media drives toxic fandom. Is there a solution?
-
Entertainment4 days ago
Is ‘The Substance’ streaming? How to watch at home
-
Entertainment4 days ago
M4 MacBook Pro vs. M3 MacBook Pro: What are the differences?