We are entering a golden age of robotics startups — and not just because of AI

When Seth Winterroth left his job at GE Ventures to help launch Eclipse Ventures in 2015, robotics was on his mind. Or more specifically, the number of early-stage robotics startups that were struggling to launch due to lack of interest.

“These are teams that had just finished their postdocs at Waterloo, or CMU, or MIT, and were starting robotics companies, and the refrain that I continually heard from the startups was, ‘hey, we’re having a really hard time raising institutional venture capital,’” Winterroth told TechCrunch. “At the time in Silicon Valley, most venture capital was going into the very mature application layer or the application layer of some very mature computing platforms.” READ MORE