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Starsky Robotics
Starsky Robotics was an Vehicular automation, autonomous truck company founded in 2016. It developed trucks to drive without a person in the vehicle. The company started in 2015 and had raised $21.7 million by 2018. It failed to find further investors in November 2019, and shut down by March 2020. History In 2017, Starsky Robotics announced that it had raised $5 million from Y Combinator (company), Y Combinator, Sam Altman, Trucks VC, and Data Collective to create an autonomous trucking company. In 2018, company closed a $16.5 million Series A, led by Shasta Ventures. In February 2018, Starsky Robotics completed a 7-mile fully driverless trip in Florida without a single human in the truck. Starsky is the first company to publicly test an empty cabin for autonomous trucks. In June 2019, Starsky Robotics become the first company to operate fully unmanned on public highways at 55 miles per hour without a human backup driver in the cab. In November 2019 over 85% of staff were lai ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Robotics
Robotics is an interdisciplinary branch of computer science and engineering. Robotics involves design, construction, operation, and use of robots. The goal of robotics is to design machines that can help and assist humans. Robotics integrates fields of mechanical engineering, electrical engineering, information engineering, mechatronics, electronics, bioengineering, computer engineering, control engineering, software engineering, mathematics, etc. Robotics develops machines that can substitute for humans and replicate human actions. Robots can be used in many situations for many purposes, but today many are used in dangerous environments (including inspection of radioactive materials, bomb detection and deactivation), manufacturing processes, or where humans cannot survive (e.g. in space, underwater, in high heat, and clean up and containment of hazardous materials and radiation). Robots can take any form, but some are made to resemble humans in appearance. This is claim ...
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Manufacturing
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final p ...
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Logistics
Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics manages the flow of goods between the point of origin and the point of consumption to meet the requirements of customers or corporations. The resources managed in logistics may include tangible goods such as materials, equipment, and supplies, as well as food and other consumable items. In military science, logistics is concerned with maintaining army supply lines while disrupting those of the enemy, since an armed force without resources and transportation is defenseless. Military logistics was already practiced in the ancient world and as the modern military has a significant need for logistics solutions, advanced implementations have been developed. In military logistics, logistics officers manage how and when to move resources to the places they are needed. Logistics management is the part of supply chain management and supply chain engine ...
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San Francisco
San Francisco (; Spanish language, Spanish for "Francis of Assisi, Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the List of California cities by population, fourth most populous in California and List of United States cities by population, 17th most populous in the United States, with 815,201 residents as of 2021. It covers a land area of , at the end of the San Francisco Peninsula, making it the second most densely populated large U.S. city after New York City, and the County statistics of the United States, fifth most densely populated U.S. county, behind only four of the five New York City boroughs. Among the 91 U.S. cities proper with over 250,000 residents, San Francisco was ranked first by per capita income (at $160,749) and sixth by aggregate income as of 2021. Colloquial nicknames for San Francisco include ''SF'', ''San Fran'', ''The '', ''Frisco'', and '' ...
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Co-founder
An organizational founder is a person who has undertaken some or all of the formational work needed to create a new organization, whether it is a business, a charitable organization, a governing body, a school, a group of entertainers, or any other type of organization. If there are multiple founders, each can be referred to as a co-founder. If the organization is a business, the founder is usually an entrepreneur. If an organization is created to carry out charitable work, the founder is generally considered a philanthropist. Issues arising from the role A number of specific issues have been identified in connection with the role of the founder. The founder of an organization might be so closely identified with that organization, or so heavily involved in its operations, that the organization can struggle to exist without the founder's presence. "One practical way to cope with overreliance on a founder is to distribute management duties so that others are clearly responsible for im ...
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Vehicular Automation
Vehicular automation involves the use of mechatronics, artificial intelligence, and multi-agent systems to assist the operator of a vehicle (car, aircraft, watercraft, or otherwise).Hu, J.; Bhowmick, P.; Lanzon, A.,Group Coordinated Control of Networked Mobile Robots with Applications to Object Transportation IEEE Transactions on Vehicular Technology, 2021.Hu, J.; Bhowmick, P.; Jang, I.; Arvin, F.; Lanzon, A.,A Decentralized Cluster Formation Containment Framework for Multirobot Systems IEEE Transactions on Robotics, 2021. These features and the vehicles employing them may be labeled as ''intelligent'' or ''smart''. A vehicle using automation for difficult tasks, especially navigation, to ease but not entirely replace human input, may be referred to as ''semi-autonomous'', whereas a vehicle relying solely on automation is called robotic or autonomous. Both of these types are instantiated in today's various self-driving cars, unmanned surface vehicles, autonomous trains, advan ...
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Y Combinator (company)
Y Combinator (YC) is an American technology startup accelerator launched in March 2005. It has been used to launch more than 3,000 companies, including Airbnb, Coinbase, Cruise, DoorDash, Dropbox, Instacart, Quora, PagerDuty, Reddit, Stripe and Twitch. The combined valuation of the top YC companies was more than $300 billion by January 2021. The company's accelerator program started in Boston and Mountain View, expanded to San Francisco in 2019, and has been entirely online since the start of the COVID-19 pandemic. ''Forbes'' characterized the company in 2012 as one of the most successful startup accelerators in Silicon Valley. History Y Combinator was founded in 2005 by Paul Graham, Jessica Livingston, Robert Tappan Morris, and Trevor Blackwell. From 2005 to 2008, one program was in Cambridge, Massachusetts, and one was in Mountain View, California. As Y Combinator grew to 40 investments per year, running two programs became too much. In January 2009, Y Combinator an ...
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Sam Altman
Samuel H. Altman ( ; born April 22, 1985) is an American entrepreneur, investor, programmer, and blogger. He is the CEO of OpenAI and the former president of Y Combinator. Early life and education Altman grew up in St. Louis, Missouri; his mother is a dermatologist. He received his first computer at the age of 8. He was raised Jewish. He attended John Burroughs School for high school and studied computer science at Stanford University until dropping out in 2005. In 2017, he received an honorary degree from the University of Waterloo. Altman is gay, and has been out since his youth. Career Loopt In 2005, at age 19, Altman co-founded and became CEO of Loopt, a location-based social networking mobile application. After raising more than $30M in venture capital, Loopt was shut down in 2012 after failing to get traction. It was acquired by the Green Dot Corporation for $43.4 million. Y Combinator Altman began as a part-time partner at Y Combinator in 2011. In February 2014, Altman ...
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Shasta Ventures
Shasta Ventures is an early-stage venture capital investment firm located in Silicon Valley that invests in enterprise and technology consumer startups. It is located on Sand Hill Road in Menlo Park. Funds Shasta's second fund of US$250 million included Nest Labs, which almost all by itself repaid the entire fund when it was sold to Google for $3.2 billion. Shasta's third fund of $265 million was announced in September 2011. The fourth fund, of $300 million, was announced in June 2014. Investment philosophy Shasta was originally focused on companies in the consumer technology space, with then managing director Tod Francis calling Mint.com a "classic Shasta" investment in September 2011. In September 2013, Rob Coneybeer of Shasta, the new managing director, said that he was betting big on hardware startups, citing Moore's Law-style continued performance improvements making opportunities for new hardware possible. Companies Mint.com Shasta Ventures was an early investor in Min ...
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Autonomous Trucks
A self-driving truck, also known as an autonomous truck, or robo-truck is an application of self-driving car designed to transport cargo without requiring no human driver. Many companies are testing self-driving semi trucks. In September 2022, ''Guidehouse Insights'' listed Waymo, Aurora, TuSimple, Gatik, PlusAI, Kodiak Robotics, Daimler Truck, Einride, Locomation, and Embark as the top 10 vendors in automated trucking. And, '' Transport Topics'' in November 2022 is listing fourteen companies to know about self-driving truck; Aurora, Waymo, TuSimple, Gatik, Locomation, Torc Robotics, Waabi, Einride, PlusAI, Embark, Kodiak Robotics, Robotic Research, Outrider and Pronto. Perspectives Employment Economists and policy makers are concerned about the effects of automation and artificial intelligence on employment including whether some kinds of jobs will cease to exist at all, and trucking is the most concerned job. However, Karen Levy is on the view that the path to fully ...
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Otto (company)
Ottomotto LLC, d/b/a Otto, was an American self-driving technology company founded in January 2016 by Lior Ron and Anthony Levandowski. The company was based in San Francisco and employed 90 people as of August 2016. The company focused on retrofitting semi trucks with radars, cameras and laser sensors to make them capable of driving themselves. In August 2016, Otto was acquired by Uber. Lior Ron, the co-founder of the company, had stated that Otto would have self-driving fleets of trucks on the road by early 2017, which, before the company ceased, never materialized. History Otto was established in January 2016, and was one of a new generation of automobile firms venturing into making self-driving vehicles. The company was founded by Anthony Levandowski, who worked on the Google self-driving car project, and Lior Ron, who was a product lead on the Google Maps team. Claire Delaunay, who led the software development and Don Burnette, from Google’s self-driving car team were ...
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