Our planet has not seen revolutionary breakthroughs in the offline world for many years. The robotics industry is uniquely positioned to leverage recent innovations made in software, the Internet and smartphones, and combine them to make a tremendous global impact. We are at the start of a transformative period for robotics that requires a new breed of risk-takers to drive mass-market adoption.
Founder of Grishin Robotics
Grishin Robotics is a global investment company that is dedicated to supporting personal robotics around the world.
With an initial $25 million to invest in various projects and initiatives, Grishin Robotics is focused on raising the profile of the robotics industry and helping robotics entrepreneurs advance their products and ideas.
Grishin Robotics was founded by Dmitry Grishin, the co-founder and chairman of the Mail.Ru Group, which is the largest Internet company in the Russian-speaking world and one of the biggest in Europe.
Dmitry is the sole investor in Grishin Robotics and personally considers each prospective opportunity, supported by a team of professionals.
The company has offices in New York, USA and Moscow, Russia.
Mission & Goals
The rapid cultural, societal and economic shifts in the last few years are dramatically changing life as we know it. Robotics has a big role to play in responding to those changes and positively influencing the lives of everyday people all around the globe.
Everyone from aging populations, who need service and assistance, to young people, who crave unique and more accessible leisure activities, will benefit from innovation in the robotics field.
Grishin Robotics aims to facilitate the development of the robotics industry by creating a supportive environment for the industry, injecting much-needed capital, and providing business counsel for up-and-coming entrepreneurs and startups. Grishin Robotics will facilitate global robotics development with a particular focus placed on driving mass-market penetration.
Over the next 10-20 years, robotics will become an integral part of everyday life for millions of people, and Grishin Robotics intends to play a leadership role in making that happen.
We will focus on raising awareness of the industry across all sectors, including the business and scientific communities, the general public, and young professionals. Grishin Robotics will work with universities and specialized media around the world, as well as with governments and businesses concerned with the robotics industry.
Serving as a catalyst to unite several disparate, interest groups, Grishin Robotics aims to be a key player in accelerating the next generation of robotics innovation.
The robotics market is divided into two main areas – industrial and service robotics. Service robotics encompasses two categories: professional and personal. The professional category includes medical and healthcare, transportation, logistics, and maintenance projects etc. The personal category includes, for example, robotics for home automation, personal assistance, education, and entertainment.
Thanks to a variety of factors, including the rise of large cities, the need for energy conservation, aging populations, and the challenges facing the healthcare industry, personal service robotics have more potential than ever to dramatically influence and impact several markets.
Global personal robotics market outlook
However, one of the key issues for the development of the robotics industry is the lack of funding for early stage and emerging companies in the field. Due to limited research initiatives and the failure to connect research with practical applications, there is minimal awareness about the robotics industry.
These are the issues that Grishin Robotics is focused on, with the aim to transform and usher in a new era of robotics innovation.
Venture capital funding for robotics in 2011
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Grishin Robotics is focused exclusively on investing in technologies related to personal robotics, with a market potential estimated to be over $18 billion in 2015 (ABI Research).
While the industrial robotics sector has seen significant investment and innovation, the service and personal robotics industry has been largely neglected up to this point, and thus has seen very little meaningful market success.
Our mission is to be a main driver of much-needed change in this sector and help innovative entrepreneurs and companies bring their robotics inventions to mass markets more quickly and effectively.
Born in 1978, Dmitry Grishin is considered as one of the most successful young entrepreneurs in Russia.
After graduating with distinction from the Faculty of Robotics and Complex Automation (Department of CAD Systems) at Moscow State Technical University and working as a software engineer on several projects, Dmitry joined Mail.Ru in 2001. He became CEO of Mail.Ru in April 2003. In 2005, he co-founded the Mail.Ru Group.
He then assumed the CEO role of the Mail.Ru Group in 2010. In that same year, he helped transition the company as it went public on the London Stock Exchange.
Dmitry became elected Chairman of the Mail.Ru Group Board in 2012.
Currently, Dmitry also serves as the head of the department of Information Technologies and Programming at St. Petersburg State University of Information Technologies, Mechanics and Optics.
His passion for innovation led him to found the Russian Code Cup – the largest competition for programmers in Eastern Europe. Through the Code Cup and other projects, he continues to foster growth in the technology sector worldwide.
How to Apply
Grishin Robotics invests in personal robotics projects. We’re looking to fund startups interested in distributing their already working products to the mass market. If your project fits this description, you are eligible to apply for investment consideration.
To apply for Grishin Robotics funds, please send your project description, business plan and any other relevant materials to info [at] grishinrobotics [dot] com
Due to the large number of mails we receive, please note that it may take several weeks to consider each application.