Cybernetix Ventures partners with the Pittsburgh Robotics Network – The Robot Report

Cybernetix Ventures the day earlier than this day announced a strategic partnership with the Pittsburgh Robotics Network. The early-stage venture capital company acknowledged it’s piece of its long-term robotics cluster engagement efforts.

The partnership is a joint initiative to set Pittsburgh’s robotics startups up for success, and insist extra of the cluster’s investable robotics opportunities to world markets. The Pittsburgh Robotics Network (PRN) is a nonprofit organization dedicated to fostering innovation and growth in southwestern Pennsylvania.

“The Pittsburgh Robotics Network is one of many conclude robotics clusters within the U.S., with a powerhouse crew and strong robotics innovators emerging,” said Fady Saad, founder and general partner of Cybernetix Ventures. “Fancy our company, the PRN is targeted on markets-pushed, actionable, scalable declare situations for robotics. We’re enraged to extend their efforts and attach the cluster extra with the increased investment neighborhood.”

Founded in 2021, Cybernetix specializes in robotics, automation, and industrial AI investments. The venture capital company works with robotics clusters around the sphere to raise the most promising robotics founders and startups to the realm stage.

Cybernetix expands robotics point of curiosity

Cybernetix targets to connect the PRN’s startups with the company’s diverse ecosystem of doable customers, later-stage investors, monetary institutions, and acquirers. The company will join forces with the PRN as a Chief Premier Companion to present advice to startups.

“Cybernetix Ventures is a premier investment company for robotics, and this partnership represents a definite replacement for no longer absolute most life like robotics companies, nonetheless for accelerating the commercial adoption of robotics solutions overall,” added Jennifer Apicella, govt director of the PRN.

“Both Cybernetix Ventures and the PRN half a bunch of aligned values that promise to insist fundamental advantages to robotics companies on the route to commercialization,” she acknowledged. “We fancy their uncommon abilities and belief of how robotics will without extend make a contribution to the pattern of particular industries, both now and into the future.”

The partners announced their collaboration on the Agriculture & Robotics Summit, where the PRN welcomed innovators, investors, and industry to Pittsburgh to explore the vogue ahead for neat agriculture. Cybernetix, which has targeted on vertical robotics capabilities in manufacturing, logistics, building, and healthcare since its inception, participated within the occasion as a launchpad for its expanded point of curiosity on agriculture and climate robotics.

“The original declare situations and overall necessity for robotics innovation in agriculture personal accelerated the sphere’s investment doable, and we are in a position to explore investments in agriculture and climate robotics to be able to add to our solid portfolio,” Saad acknowledged.

PRN head to talk on the Robotics Summit

Apicella will be taking piece in a panel discussion on the 2024 Robotics Summit & Expo, which takes subject on Could 1 and a pair of on the Boston Convention and Exhibition Heart. She’s going to be joined by Stephen M. Muck, govt chairman of Evolved Building Robotics; Brandon Contino, CEO of Four Growers; and Andy McMillan, chair of the board of directors at Cirtronics.

In some unspecified time in the future of the session, “Paving the Boulevard to Success in Robotics Commercialization,” attendees can learn the absolute most life like device the four industry leaders personal conquered limitations, scaled operations, and transformed suggestions into viable merchandise.

This may perchance likely also be the largest Robotics Summit ever. It would come with extra than 200 exhibitors, varied networking opportunities, a Ladies folks in Robotics breakfast, a profession shapely, an engineering theater, a startup showcase, and extra! The PRN is also a sponsor of the Robotics Summit. Registration is now delivery for the occasion.