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Our featured visitor on the present this week is Jamie Lee, Managing Companion at Tamarack World. Tamarack World emerged on our radar final month as one of many buyers who participated within the current collection B funding spherical for Determine AI. After assembly Jamie Lee for analysis for these information tales, we invited Jamie to come back onto the podcast and share his funding thesis and the the reason why they’re so bullish about humanoids, Determine AI, and particularly Determine CEO and founder Brett Adcock.
The guts of Tamarack’s funding philosophy facilities round investing in sturdy leaders who rent sturdy groups and construct options for very massive markets. However you’ll additionally study Jamie’s pragmatic philosophy for evaluating proposals and a number of the hazard alerts that he seems to be for when evaluating a possible funding.
Information from the week
Viam raised $45 million in Collection B funding
Viam has been quiet after the entire information final yr, however Viam is constructing a modular, interoperable, and open-source software program platform that works throughout all {hardware} and any fleet of machines. Viam said that the funding will allow it to speed up partnerships, drive business innovation, and additional develop its platform.
Accenture introduced an funding in Sanctuary AI
Sanctuary is constructing humanoids with embodied AI and so they’ve at all times tightly targeted on hand-eye coordination and manipulation over the bipedal strolling elements of humanoid robots. The funding in Sanctuary is the newest transfer by Accenture to construct out a robotics technique. In January 2024, Accenture and Mujin created a three way partnership to assist deliver robotics to the manufacturing and logistics industries. Referred to as Accenture Alpha Automation, the brand new enterprise is owned 70% by Accenture and 30% by Mujin. The brand new firm, known as Accenture Alpha Automation, combines Mujin’s industrial robotics experience with Accenture’s digital engineering and manufacturing service, Business X.
Sanctuary has revealed a collection of movies of its robots “doing stuff” on YouTube. These movies illustrate the event path of the two-armed humanoid in addition to the AI behind the robots’ decision-making.
Sanctuary YouTube channel: https://www.youtube.com/@sanctuaryai
NYC takes steps to permit Robotaxis in NYC
NYC takes first steps in the direction of permitting Robotaxis in New York Metropolis this week and introduced new security necessities and allowing pointers for corporations seeking to take a look at their self-driving vehicles on public roads.
Even with the town’s newfound curiosity in testing, AV commercialization in NYC is tough. New York is likely one of the hardest cities for AVs to navigate because of its pedestrian-filled streets, unpredictable automobile site visitors, and sensor-disrupting vibrant lights.
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