Episode 176 of The Robot Report Podcast features interviews with venture capitalists Juliette Chevallier, Principle at Scale Ventures, and Jasmeet Singh founder of JMOON Ventures.
Juliette Chevallier leads investment at Scale Venture Partners on robotics, AI applications, and cybersecurity.
Jasmeet Singh invests in “physical AI” startups on robotics, IoT, and 3D printing.
Both venture capitalists agree that execution risk is more important to assess than technical risk when investing in robotics, and that startups need to focus on solving real problems.
They also emphasize the importance of understanding the customer ROI and business model as key criteria for investment.
The interviewees believe that the US is a better environment for fundraising in robotics as compared to the more risk-averse Canadian market.
Juliette Chevallier is bullish on the potential of robotics foundation models (RFMs) to drive transformation and the need for more multi-modal AI models that could integrate vision, action, and communication.
Jasmeet Singh is interested in opportunities in agriculture, construction, medical, and sustainability.
The episode also covers news on humanoid robots and ASTM developing testing standards for mobile manipulators.
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