|
Listen to this article  |
Organization: Electric Sheep
Country: U.S.
Website: https://sheeprobotics.ai/
Year Founded: 2019
Number of Employees: 51-100
Innovation Class: Startup of the Year
Every year, we see robotics startups with promising technologies shut their doors for good. It’s often very difficult to find funding to keep the business running while iterating on a robot and demonstrating its value to new customers.
However, San Francisco-based Electric Sheep’s unique business model allows it to bring in revenue as it takes its time deploying its technology. This business model led to it winning our inaugural Startup of the Year Award.
Electric Sheep develops autonomous robots for outdoor maintenance. Its flagship robot is an autonomous mower backed by the company’s ES1 foundation model. Based on recent advances in generative AI, ES1 is a learned-world model that enables reasoning and planning for the company’s robots.
Instead of selling or leasing the robots to commercial landscaping businesses, Electric Sheep is becoming vertically integrated by purchasing the landscaping companies. This allows Electric Sheep to get to know how these businesses operate and where the robots can best be deployed while still bringing in revenue.
Once it has decided where the robots can do the most work, the team can start integrating them into operations.
Electric Sheep’s strategy isn’t just about revenue. The businesses it acquires can also provide crucial data used to make ES1 more effective. And because this data will be coming from businesses that ES1 will be at work in, the company’s robots can start working from the moment they hit the ground.
Since implementing this strategy, Electric Sheep said it has grown revenue by eight times. Last year, it acquired four landscaping businesses, and it said this strategy is key to its long-term plan.
By ensuring that the startup always has revenue coming in, and finding a unique way to acquire essential industry-specific data, Electric Sheep has set itself apart from other startups. The company received its award at the RBR50 gala at the Robotics Summit & Expo.
Explore the RBR50 Robotics Innovation Awards 2024.
RBR50 Robotics Innovation Awards 2024
| Organization | Innovation |
|---|---|
| ABB Robotics | Modular industrial robot arms offer flexibility |
| Advanced Construction Robotics | IronBOT makes rebar installation faster, safer |
| Agility Robotics | Digit humanoid gets feet wet with logistics work |
| Amazon Robotics | Amazon strengthens portfolio with heavy-duty AGV |
| Ambi Robotics | AmbiSort uses real-world data to improve picking |
| Apptronik | Apollo humanoid features bespoke linear actuators |
| Boston Dynamics | Atlas shows off unique skills for humanoid |
| Brightpick | Autopicker applies mobile manipulation, AI to warehouses |
| Capra Robotics | Hircus AMR bridges gap between indoor, outdoor logistics |
| Dexterity | Dexterity stacks robotics and AI for truck loading |
| Disney | Disney brings beloved characters to life through robotics |
| Doosan | App-like Dart-Suite eases cobot programming |
| Electric Sheep | Vertical integration positions landscaping startup for success |
| Exotec | Skypod ASRS scales to serve automotive supplier |
| FANUC | FANUC ships one-millionth industrial robot |
| Figure | Startup builds working humanoid within one year |
| Fraunhofer Institute for Material Flow and Logistics | evoBot features unique mobile manipulator design |
| Gardarika Tres | Develops de-mining robot for Ukraine |
| Geek+ | Upgrades PopPick goods-to-person system |
| Glidance | Provides independence to visually impaired individuals |
| Harvard University | Exoskeleton improves walking for people with Parkinson’s disease |
| ifm efector | Obstacle Detection System simplifies mobile robot development |
| igus | ReBeL cobot gets low-cost, human-like hand |
| Instock | Instock turns fulfillment processes upside down with ASRS |
| Kodama Systems | Startup uses robotics to prevent wildfires |
| Kodiak Robotics | Autonomous pickup truck to enhance U.S. military operations |
| KUKA | Robotic arm leader doubles down on mobile robots for logistics |
| Locus Robotics | Mobile robot leader surpasses 2 billion picks |
| MassRobotics Accelerator | Equity-free accelerator positions startups for success |
| Mecademic | MCS500 SCARA robot accelerates micro-automation |
| MIT | Robotic ventricle advances understanding of heart disease |
| Mujin | TruckBot accelerates automated truck unloading |
| Mushiny | Intelligent 3D sorter ramps up throughput, flexibility |
| NASA | MOXIE completes historic oxygen-making mission on Mars |
| Neya Systems | Development of cybersecurity standards harden AGVs |
| NVIDIA | Nova Carter gives mobile robots all-around sight |
| Olive Robotics | EdgeROS eases robotics development process |
| OpenAI | LLMs enable embedded AI to flourish |
| Opteran | Applies insect intelligence to mobile robot navigation |
| Renovate Robotics | Rufus robot automates installation of roof shingles |
| Robel | Automates railway repairs to overcome labor shortage |
| Robust AI | Carter AMR joins DHL’s impressive robotics portfolio |
| Rockwell Automation | Adds OTTO Motors mobile robots to manufacturing lineup |
| Sereact | PickGPT harnesses power of generative AI for robotics |
| Simbe Robotics | Scales inventory robotics deal with BJ’s Wholesale Club |
| Slip Robotics | Simplifies trailer loading/unloading with heavy-duty AMR |
| Symbotic | Walmart-backed company rides wave of logistics automation demand |
| Toyota Research Institute | Builds large behavior models for fast robot teaching |
| ULC Technologies | Cable Splicing Machine improve safety, power grid reliability |
| Universal Robots | Cobot leader strengthens lineup with UR30 |