How One Startup Built a (Mostly) China-Free Robot

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Last week, US regulators banned a wide variety of Chinese-made robots from being imported to the United States because of concerns about national security. Saurabh Chandra was ready to seize the moment. His company, Ati Robotics, assembles its robots in India, and Chandra believes they use fewer Chinese parts than almost any other robotics company in the US.

Investment in robotics startups hit record highs this year, both in the number of deals and dollars invested, according to PitchBook, which tracks venture capital flows. But many of those companies primarily develop software, and they largely still rely on Chinese suppliers for their hardware.

The Federal Communications Commission’s decision to ban new models of human-like robots, known as humanoids, and other advanced devices from China could hamper the growth of many smaller robotics firms in the US. But some businesses could benefit, including Ati.

The startup was founded in...

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Sources: OpenAI has secured ~$11B in commitments for its latest funding round, less than half its initial $30B target, and expects to raise more in coming weeks

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