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Ambi Robotics built a clever solution to automate pallet packing
U.C. Berkeley spinout Ambi Robotics announced Tuesday the arrival of AmbiStack, a novel system that automates pallet packing. The system features an industrial robotic arm mounted above a conveyer belt that moves along the X and Y axes and lifts boxes up via suction cups mounted to a gripper. Once lifted from the conveyer belt,…
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Documents show UK wooed a16z for five years
UK documents show that the UK’s Department of Business and Trade spent five years convincing Andreessen Horowitz to create a presence in London, only for the US firm to leave 18 after launching an office, according to government documents obtained by Sifted. In 2023, a16z launched a crypto office in London, deeming the crypto environment…
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Geek Ventures, a fund that specializes in backing immigrant founders, is raising a second fund
Geek Ventures is raising a Fund II, according to a recent SEC filing. The firm, founded in 2021 by Ihar Mahaniok, focuses on investing in early-stage immigrant founders. Mahaniok immigrated to the U.S. from Belarus and spoke to TechCrunch a few years ago about how hard the venture ecosystem can be for immigrants. “Talent is…