Goldman Sachs

Canvas Category Consultancy : Company : Private Equity

Website

Primary Location New York, New York, United States

The Goldman Sachs Group, Inc. is a leading global financial institution that delivers a broad range of financial services across investment banking, securities, investment management and consumer banking to a large and diversified client base that includes corporations, financial institutions, governments and individuals.

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The global market for humanoid robots could reach $38 billion by 2035

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πŸ”– Topics: Humanoid

🏒 Organizations: Goldman Sachs


The total addressable market for humanoid robots is projected to reach $38 billion by 2035, up more than sixfold from a previous projection of $6 billion, Goldman Sachs Research analyst Jacqueline Du, head of China Industrial Technology research, writes in the report. Their estimate for robot shipments increased fourfold, to 1.4 million units, over the same time frame, with a much faster path to profitability on a 40% reduction in the cost of materials.

There are signs that robot components, from high-precision gears to actuators, could also cost less than previously expected, leading to faster commercialization. The manufacturing cost of humanoid robots has dropped β€” from a range that ran between an estimated $50,000 (for lower-end models) and $250,000 (for state-of-the art versions) per unit last year, to a range of between $30,000 and $150,000 now. Where our analysts had expected a decline of 15-20% per annum, the cost declined 40%.

Read more at Goldman Sachs Intelligence

πŸ”‹β™»οΈ Redwood Materials raises over $1 billion in Series D investment round

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πŸ”– Topics: Funding Event

🏒 Organizations: Redwood Materials, Goldman Sachs, Capricorn, T Rowe Price


Redwood is pleased to announce the completion of our most recent equity funding round, in which we raised more than $1 billion in Series D shares. The round which was co-led by Goldman Sachs Asset Management, Capricorn’s Technology Impact Fund, and funds and accounts advised by T. Rowe Price Associates, Inc. We will use our Series D funding to continue building our capacity, expanding the domestic battery supply chain and allowing our customers to purchase battery materials made in the US for the first time.

Read more at Redwood News

Limble Raises $58M Series B Funding and a $450M Valuation, Accelerating Growth

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πŸ”– Topics: Funding Event

🏒 Organizations: Limble, Goldman Sachs


Limble has raised $58 million in Series B funding, bringing our total valuation to $450M to accelerate our growth and realize that vision. This funding, led by the Growth Equity business within Goldman Sachs, will help us build more industry-disrupting solutions and insights that will lay the groundwork for the future of EAM and CMMS platforms.

Read more at Limble Blog

Impact Nano, chip materials startup, wins funding from Intel, Goldman Sachs

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πŸ”– Topics: Funding Event

🏒 Organizations: Impact Nano, Intel, Goldman Sachs


Impact Nano, a Massachusetts-based startup that makes specialty chemicals for the semiconductor industry and others, said on Thursday it raised $32 million in funding from investors including Intel Capital and Goldman Sachs Asset Management.

Stephens said Impact Nano is inventing new ways to produce chemicals that chip makers use. Among the company’s focus areas, he said, are increasing the purity of the chemicals, finding raw materials that are more abundant and comply with ethical guidelines, and making the process more environmentally friendly.

Read more at Reuters

Locus Robotics Announces $117 million in Series F Funding, Bringing its Valuation Close to $2 Billion

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πŸ”– Topics: Funding Event

🏒 Organizations: Locus Robotics, Goldman Sachs, G2 Venture Partners


Locus Robotics, a leader in autonomous mobile robots (AMR) for fulfillment and distribution warehouses, today announced more than $117 million in Series F funding, led by Goldman Sachs Asset Management and G2 Venture Partners. As part of the financing, Mark Midle, Managing Director, Goldman Sachs, and Zach Barasz, Partner, G2 Venture Partners, will join the Locus Board of Directors, bringing their unique industry perspectives and insights to further guide Locus’s next stage of growth and global expansion.

The Locus warehouse execution platform disrupts large-scale warehouse fulfillment and distribution with an industry-leading, intelligent, and dynamically scalable robotics-driven solution. Locus delivers 2X-3X productivity by seamlessly coordinating both human labor and AMRs to dramatically improve order fulfillment efficiency and workplace ergonomics, while lowering operational costs.

Read more at PR Newswire

SkySpecs Accelerates Growth with $80 Million Strategic Investment led by Goldman Sachs Asset Management

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πŸ”– Topics: funding event

🏒 Organizations: SkySpecs, Goldman Sachs


SkySpecs, a Michigan-based provider of renewable energy O&M solutions, announced today that it has closed an $80 million strategic capital raise led by the Sustainable Investing business within Goldman Sachs Asset Management (Goldman Sachs) with additional participation from a subsidiary of NextEra Energy Resources and other existing SkySpecs investors including, Statkraft Ventures, Equinor Ventures, Evergy Ventures, UL Ventures and Huron River Ventures. SkySpecs provides service and software solutions to make renewable energy the most efficient power source in the world. The new funding will help SkySpecs accelerate the expansion of their software offerings by leveraging their existing foundation of automated high quality data collection and analytics, as well as grow its geographic footprint in order to advance its mission to optimize renewable performance and help displace fossil fuel generation.or manufacturing that Tignis is undertaking is of particular importance to the US market, to re-establish competitiveness and leadership in this industry.”

Read more at SkySpecs Blog