(tp://www.grishinrobotics.com)
Grishin
Robotics(http://ctt.marketwire.com/?release=899249&id=1714069&type=1&url=http%3a%2f%2fwww.grishinrobotics.com%2f)
launched today as the first global investment company focused
exclusively on the personal robotics sector. The company, which will
initially invest $25 million and be based in New York City, was
created by Dmitry Grishin, co-founder of Mail.Ru Group, the largest
Russian Internet company. The mission of the new venture is to bring
personal robotics technologies into every household around the world,
not only through investment in emerging companies in the field, but
also by helping to foster a global robotics community.
"Over the last several decades, global investment in innovation has
been mostly focused on computing and Internet technologies, to great
success. Despite the potential of robotics to dramatically impact our
everyday lives, investment in this area has been limited," said
Grishin, a graduate of Robotics and Complex Automation from Moscow
State Technical University. "To date, the main areas of investment and
innovation in robotics have been to support manufacturing. To reach
its mass market potential, the personal robotics industry needs both
increased capital, resulting in new technologies and product, as well
as global awareness. Grishin Robotics aims to support the industry in
all of these areas."
The huge cultural, societal and economic shifts over the last few
years are driving a dramatic change for life as we know it. Robotics
has the potential to play a big role in responding to those changes
and positively influencing the lives of everyday people around the
world, from aging populations who need service and assistance, to
young people who crave new services, new approaches to education and
unique and more accessible leisure activities. Grishin Robotics aims
to facilitate the development of the personal robotics industry by
creating a supportive environment for startups and entrepreneurs and
injecting much-needed capital to help turn their inventions into
viable, long-term businesses.
Investment Focus
Grishin Robotics' broader mission is to increase public awareness of
the robotics industry and establish its relevance for businesses,
academic and scientific communities, as well as the general public. To
accomplish this goal, the company will work with organizations across
a variety of sectors.
Grishin Robotics plans to focus its investments on robotic technology
that is ready for mass market implementation in the areas of home
maintenance, education, healthcare, entertainment, transportation,
etc. It will invest in companies interested in distributing their
already working products to the mass market.
In addition to financing, Grishin Robotics will provide hands-on
expertise of building scalable, successful hi-tech companies, as well
as help with business and infrastructure support, including public
relations and HR activities needed during early business stages.
"Our planet has not seen revolutionary breakthroughs in the offline
world for many years. The robotics industry is uniquely positioned to
leverage recent innovations made in software, Internet and
smartphones, combining them to make a tremendous global impact. We are
at the start of a transformative period for robotics that requires a
new breed of risk takers to drive mass market adoption," said Grishin.
Any parties interested in cooperation and partnership with Grishin
Robotics can write to
info@grishinrobotics.com(mailto:info@grishinrobotics.com).
About Grishin RoboticsGrishin Robotics is a global investment company
with a mission of advancing innovation in robotics for the mass
consumer market. Grishin Robotics is focused on investing in personal
robotics technologies in areas such as home maintenance, healthcare,
entertainment and transportation. The firm is led by Dmitry Grishin,
co-founder of Mail.ru Group, and is based in New York City. For more
information, or to submit your company for investment consideration,
visit
http://www.grishinrobotics.com(http://ctt.marketwire.com/?release=899249&id=1714072&type=1&url=http%3a%2f%2fwww.grishinrobotics.com%2f).
