{"id":643226,"date":"2013-02-20T15:10:04","date_gmt":"2013-02-20T20:10:04","guid":{"rendered":"http:\/\/www.pehub.com\/?p=187442"},"modified":"2013-02-20T15:10:04","modified_gmt":"2013-02-20T20:10:04","slug":"boston-accelerator-bolt-gets-support-from-autodesk-logitech-grishin-robotics","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/643226","title":{"rendered":"Boston Accelerator Bolt Gets Support From Autodesk, Logitech, Grishin Robotics"},"content":{"rendered":"

The new Boston startup accelerator Bolt<\/strong> has raised financing from Autodesk, Logitech<\/strong> and Grishin Robotics,<\/strong> according to a press release. Other partners include Mick Mountz,<\/strong> founder of Kiva Systems and Brad Feld<\/strong> of Foundry Group. The accelerator plans to work with startups developing hardware, including robotics and consumer devices. It will accept 25 startups into its program over the next two years . Applications for batch one are now available.<\/p>\n

According to a filing <\/a>with Securities and Exchange Commission, it has raised $3.5 million.<\/p>\n

PRESS RELEASE<\/strong><\/p>\n

Grishin Robotics invests in hardware incubator Bolt<\/p>\n

February 20, 2013.\u00a0 Grishin Robotics (http:\/\/grishinrobotics.com), the first venture capital firm in the world that is focused on consumer robotics, announces its investment into the Boston-based hardware incubator Bolt (http:\/\/www.bolt.io\/), which helps hardware startups (including robotics and connected devices) with seed capital and an extensive mentorship program.<\/p>\n

Along with Grishin Robotics,\u00a0 there are another two strategic partners – Logitech and Autodesk \u2013 that also agreed to support Bolt\u2019s startups with capital and parts\/services. Among the prominent angel investors, partnered with Bolt, are Mick Mountz (Kiva Systems, acquired by Amazon) and Brad Feld (Foundry Group, investor in companies such as MakerBot and FitBit).<\/p>\n

Over the course of the next two years, Bolt will accept 25 hardware startups into its program. The application process for the first batch opens today at www.bolt.io and will last for 2 months \u2013 10-15 companies are going to be accepted for the 6-month program. Projects\u2019 founders will receive seed capital, access to office and prototyping facilities, and extensive support from a full-time engineering\/design staff and a wide array of hardware-centric mentors. Bolt\u2019s program is focused on key aspects of ideation and development of any successful mass-market hardware products, including manufacturing and commercialization.<\/p>\n

\u201cThe key to the upcoming consumer robotics revolution, I believe, is in the startup ecosystem. Talented hardware entrepreneurs, dreaming about a new generation of smart devices, do not have today a supporting community around, that is as developed as software developers do. That’s why we have decided to invest in Bolt \u2013 this is an investment into the market’s future\u201d, said Dmitry Grishin, founder of Grishin Robotics and co-founder of the Mail.Ru Group.<\/p>\n

\u00abHardware startups are typically at a major disadvantage compared to their software counterparts\u00bb, said Bolt\u2019s Managing Director Ben Einstein. \u201cBut this disadvantage means it\u2019s ripe for disruption. We\u2019ve built a model that changes the equation and enables startups to get capital – efficient hardware to market at unprecedented speed\u00bb.<\/p>\n

About Grishin Robotics<\/p>\n

Grishin Robotics is a global investment company with a mission of advancing innovation in robotics for the mass consumer market. Grishin Robotics is focused on investing in personal robotics technologies. The firm is led by Dmitry Grishin, co-founder & CEO of Mail.Ru Group.<\/p>\n

For more information, or to submit your company for investment consideration, visit http:\/\/www.grishinrobotics.com.<\/p>\n

The post Boston Accelerator Bolt Gets Support From Autodesk, Logitech, Grishin Robotics<\/a> appeared first on peHUB<\/a>.<\/p>\n

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The new Boston startup accelerator Bolt has raised financing from Autodesk, Logitech and Grishin Robotics, according to a press release. Other partners include Mick Mountz, founder of Kiva Systems and Brad Feld of Foundry Group. The accelerator plans to work with startups developing hardware, including robotics and consumer devices. It will accept 25 startups into […]<\/p>\n","protected":false},"author":7545,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-643226","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/643226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/7545"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=643226"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/643226\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=643226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=643226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=643226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}