Dmitry Grishin, one of the co-founders of Russia-based technology company Mail.Ru, has set up Grishin Robotics, which it said is the first global investment company focused on the robotics industry.
Grishin, a graduate of Robotics and Complex Automation from Moscow State Technical University, said: “Over the last few decades, global investment in innovation has mostly been focused on computing and Internet technologies, to great success. Despite the potential of robotics to impact our everyday lives dramatically, investment in this area has been limited. 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 and global awareness. Grishin Robotics aims to lead the charge to support the industry in both of these areas.”
Grishin added: “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.”