Intel Invests in Aldebaran Robotics

Aldebaran Robotics, which produces the Nao Humanoid Robot, has announced that it has raised another $13 million in venture capital. The bulk of funds are being provided by Intel Capital, the hardware giant’s investment arm.

From the press release:

The new funds will play a key role in allowing the  business to develop its product offering into additional vertical sectors such as health and social care. The investment will also help Aldebaran streamline its production operations and increase its research and development capabilities.

“Working with Intel Capital is a step we believe will propel the business and help the technology we have developed reach its full potential. Our products have the flexibility to provide solutions across a range of applications and this investment will play a huge role in helping drive manufacturing efficiencies and further our research capabilities  to help the business’ expansion into new markets. Intel products are ideally suited for the processing demands required by robotics. This investment from Intel Capital enables Aldebaran to become a key player in this nascent industry.” , Bruno Maisonnier, founder and CEO of Aldebaran Robotics said; “It is primarily for us, a fantastic mark of recognition and trust from a group that has always favored innovation and has risen in recent years at the top of the global computer market”.

This is a big step for Aldebaran and its Nao line of humanoid robots. If it pays off for Intel, I’d expect to see a lot more investment in the area of personal robotics going forward. In particular, it’ll be interesting to see if Intel starts going into the business itself – at least on the processor end.

Source | Forbes

Leave a Reply