Switzerland’s Wingman Ventures rebrands to Founderful, aims for a $120M fund

February 12, 2024

Wingman Ventures is seeking the best of Switzerland’s startups and its diverse portfolio already ranges from mobile commerce to robotics. The Zurich-based venture capital firm, which focuses on pre-seed startups, announced today it is rebranding as Founderful and has already raised $85 million for its new Fund II, with a target of closing $120 million […]

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A Waymo robotaxi was vandalized and burned in San Francisco

February 12, 2024

A Waymo robotaxi was vandalized and then set on fire by a crowd of people Saturday evening in San Francisco’s Chinatown neighborhood. The incident is the latest encounter between driverless vehicles and the public in San Francisco, a city where autonomous vehicle companies have spent years testing the technology on public streets.  The Saturday night […]

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North American robot orders dropped 30% last year

February 12, 2024

After two years of flying high, industrial robot orders dropped by nearly one-third last year. Per the Association for Advancing Automation (A3), 31,159 industrial robots were purchased by North American companies in 2023, down from 44,196. That marks a 30% drop for this key market. The number is also down (albeit less so) from 2021’s […]

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Feds probing Lucid’s software fix for defroster recall

February 12, 2024

The National Highway Traffic Safety Administration (NHTSA) has opened an investigation into a Lucid Motors windshield defroster recall from January, saying it’s “concerned” the company’s over-the-air update solution doesn’t go far enough to fix the problem. Lucid, meanwhile, told TechCrunch that the agency “understates the remedy being offered.” The probe comes as some automakers are increasingly […]

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