Carnegie Mellon and GE Ventures Create ‘The Robotics Hub’

Published by , August 14, 2015 11:20 am

(WashingtonTimes) Carnegie Mellon’s National Robotics Engineering Center and GE Ventures, General Electric’s investment arm, have teamed up to create The Robotics Hub, an early-stage startup accelerator. The for-profit hub will provide funding through newly created Coal Hill Ventures and access to equipment at the university to chosen companies by 2016, in addition to putting their creations on a fast track toward commercialization.
GE Ventures’ managing director, Alex Tepper, said the company plans to form ties with robotics firms focusing on software and hardware for field services such as inspections, maintenance and repairs or collaborative solutions for manufacturing companies.

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