Mail.Ru CEO Dmitry Grishin’s robotics investment firm puts $250k in RobotAppStore (Interview)

Mail.Ru CEO Dmitry Grishin’s robotics investment firm puts $250k in RobotAppStore (Interview)

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.

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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).

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

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