Grishin Robotics, the personal robotics fund kickstarted by Mail.Ru Group co-founder and CEO Dmitry Grishin, has pumped $250,000 into RobotAppStore, an open, online marketplace for robotics applications.
The investment firm had earlier backed Y Combinator graduate Double Robotics with the exact same amount. In both cases, detailed terms of the deal were not disclosed.
Basically, RobotAppStore enables users around the world to purchase and download hundreds of applications that extend the functionality of any types of ‘personal’ robot – from Roomba vacuum cleaners to the AR.Drone quadcopter and whatnot.
Developers can add their own applications to the online marketplace (and receive 70 percent of future earnings).
The 💜 of EU tech
The latest rumblings from the EU tech scene, a story from our wise ol' founder Boris, and some questionable AI art. It's free, every week, in your inbox. Sign up now!
Dmitry Grishin – evidently – believes in the fast-growing robotics space, and comments:
“Robotics is a combination of good hardware and software – thus, the important role of a project like the RobotAppStore in the market ecosystem is unquestionable.
The concept of ‘Cloud robotics’, which implies ability of all robots to connect to the internet, share a common knowledge database and seamlessly upgrade their functions in real-time, is a soon-to-be future; one reminiscent of the of personal computer industry.”
We recently caught up with Grishin at the Dublin Web Summit and did a quick video interview with him about Mail.Ru and Grishin Robotics:
Image credit: Thinkstock
Get the TNW newsletter
Get the most important tech news in your inbox each week.