NAO Robot Racks Up 5 Million Big Ones
We tend to focus on the technology and performance aspects of robots and robot companies we cover, but the business aspects are just as important, if not more so. You can design the best, fastest, most capable robot the world has ever seen, but if you can't get investment capital to fund bringing that great product to the market then it's kind of meaningless.
We've been convinced for a long time that the NAO robot developed by Aldebaran Robotics in France was very, very hot. Now it turns out that they have been able to successfully pitch that same message to key venture capital investors. Last Friday they announced the closing of their first round of venture capital financing with a whopping 5 million euro (approximately USD $7.35 million) investment lead by CDC Innovation.

Without a doubt, the most eye-catching and entertaining aspect of the RoboCup competitions so far as been the sight of a whole field of AIBO robot dogs playing soccer for all they are worth. Unfortunately for AIBO fans, robot fans in general, and the RoboCup organization specifically, Sony canceled AIBO production which means that sooner or later a comparable robot replacement will have to take the
field.




Since Sony announced a major restructuring and downsizing last week, everyone is speculating where the axe will fall. Where will Sony focus, and where will they cut? And, for robot fans, will the Aibo survive?




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