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All Stories Tagged "Stanford University"
04/20/12 Neato revealed the bare bones of its venture round in early April via a regulatory filing, but gave full details today in a press release. The Newark company makes automatic vacuum cleaners and is working on other devices for household chores. Vorwerk Direct Selling Ventures GMBH and Noventi Ventures of Menlo Park gave money in this round. Neato, led by CEO Warren Flick since last May, will spend the money on new products as well as on marketing and expanding its operations. The idea for Neato’s first product won a competition at Stanford University’s business school. Neato was started in…
07/08/10 University of Washington researchers develop a miniature, insectlike robot with hundreds of tiny legs that can carry heavy loads - more than seven times its own weight - and move in any direction. Robotic cars attracted attention last decade with a 100-mile driverless race across the desert competing for a $1 million prize put up by the U.S. government. The past few years have also given rise to a growing number of microrobots, miniaturized mobile machines designed to perform specific tasks. And though spectators might need magnifying glasses to see the action, some think the time has come for a…