Top 10 Fast-growing robotics companies in 2018

At present, artificial intelligence and automation industries are developing rapidly. In the future, a lot of positions in traditional industries will be replaced by machines and robots. Economist forecasts that robotics will boost productivity so significantly that Global GDP could multiply growth only on AI industry. In this article, let's have a quick look at 10 fast-growing robotics companies in 2018.

10. Ai Build

Ai Build is a newly established company, which pursues applying robotic technologies to 3D printing filed. The company was founded in 2015 and located in London. Acquirement of seed funding worth £75,000 make the company very active in the research and development.

Daghan Cam, the founder of the company, believed that3D printing would be the main format of fabrication in the future, but it will cost a lot of money and energy when 3d printing large-scale object. To solve the issue, the AI Build combined machine automatic fabrication with industrial robotics to help achieve large-scale 3D printing affordably. The printing scale is limited: current 3d printing scale is 5m high and 4.5m wide with a KUKA robotic arm and a 3D printing gun.

9. Consequential Robotics

Founded in 2016, the Consequential Robotics company was dedicated itself to assistive robotic systems to improve the living quality of contemporary people. The dog-like robot is the first well-developed product by the Consequential Robotics. It has a cute name and can be used as a mechanical pet.

MiRo consists of 6 sensors, which allows its head to nod and rotate, ears to move, eyes to blink, and tail to stretch. It is featured with a lot function of a real pet animal, for instance, it can watch this world with its bionic eyes, seek and respond to the physical interactive effect.

8. Generic Robotic

Generic Robotics is a scientific and technical company, which aims to make users create, feel, manipulate or alter simulated 3D objects in a virtual environment. The team is developing the first simulative training platform in the world, for a medical man with this tech. The SIMUTOUCH is designed to offer a comprehensive and reliable system to achieve the natural operating position.

Another well-developed product by Generic Robotic, SIMUTEACH covers the entire clinical skills. With the help of it, clinicians from any background can get access to learning. The software is equipped with detailed 3d anatomical models and info related to clinical procedures, which will benefit learners no matter on skills or in the virtual clinical environment. The team has been updating and maintaining its technology for many years.

7. Botskill

Botskill is a very young British company, just founded in 2017. The company is planning to create a SaaS platform that allows users to build fast no-code chatbot for business, supported by artificial intelligence. Thanks to customization and data visualization, the sort of service are going to a new stage of the market. Botskill will help to promote engagement and efficiencies. 

The company, listed in on Britbots CROWD, was set up in 2017 by CEO Andy Wilkins and CTO Lee Skyrme. The founders are striving for guiding most of the customers to deal with their concerns with the business enterprise easily.

6. Reach Robotics

The robotics company locates at Bristol. In seed funding, it has received about £200,575 funds. Controlled by mobile phones, monster robots were developed by Reach Robotics. Since it launched in 2014, over 30 prototypes have been created. MekaMon is the first released product for the commercial purpose. Smartphone camera was applied to identify and flow up MekaMon through an attendant app. Users can customize the machines to enable players to engage in combat via outstretched reality gaming.

5. Fortem Technologies, Inc.

The robot was developed by Fortem Technologies, Inc. which is releasing AI-powered, weighable air, and intelligence system. Fortem Technology is committed to detect and defeat criminals and terroristic action. It has developed Fortem&rsquo's TrueView R20, an AI radar platform with the company’s technical core. R20 Radar is the next generation of compact and light radar, which could help to manned aircraft or other non-cooperative objects, like birds or other drones.

4. Um, Define Robot

The Beijing-based company, AI Nemo developed the Define Robot, which allows you to communicate with a family member in your absence. In other words, it can help you to look after the elder generation, especially when the younger generation has to work in another city. From the appearance, it looks more like a desktop computer with a micro Webcam and movement ability. It is also integrated with reading text messages and sending emergency information. It can also read aloud text messages and send emergency notifications.

3. ZongMu Technology

Founded in 2013, the Shanghai-based startup ZongMu Technology focuses on self-driving technology. ZongMu is not only good at independent research and development capabilities but also product manufacture. At present, more than 100 creative and passionate employees render a service for the company. It looks a good promising thanks to its advanced driver assistance systems and long-term tier-one cooperative partners. The company’s revenue increased by nearly 400 times in space of 2 years, from 2014-2016. The revenue growth was attributed to launch and released sales of the products.

2. Rokid corporation, Ltd.

Rokid corporation has an office in California, Beijing, and Hangzhou. It was founded in 2014 and has over 70 staff from different educational background and work experience, for instance, Ph.D. and masters in artificial intelligence, robotics field and more. The company has instituted research center in Beijing and San Francisco for conducting image processing, face identification, and more. 

In cooperation with Alibaba, Rokid created an open-source platform called Rokid Full Stack Open Platform. In the platform, third-party hardware developer, as well Rokid voice user’s assistant will get access to free resources. The platform was considered as a bridge between China and America, in that way American developers get easier access to the Chinese market and encourage development for Rokid&rsquo's technology.

1. Shenzhen YueJiang Technology Co.,Ltd

Yuejiang Technology Co., Ltd is one of best robotic arm companies in China. It was founded by six industrial robot engineers, who love AI industries and dreaming to product multifunctional desktop robot at a low cost. They always believe that multiple function robotic devices or even production line will appear on everyone’s desktop. Its star product-DOBOT Magician is a robotic arm with interchangeable end-heads and extendable interfaces. A full set of DOBOT Magician allows you to 3D Print, laser engraving, write & draw, pick & place and more. In addition, DOBOT Magician has a commercial price but with industrial precision. When you need to pick & place, repeatability error is as small as 0.2mm.