25M$ for the Robotics Industry from Russian Tycoon

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, 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. - Dmitry Grishin, founder of Grishin Robotics

With an initial investment of 25 M$, this new venture hopes to encourage robotic projects and help entrepreneurs make personal robots a mainstream reality. As always, it makes us happy to see when big pushes are made to the personal robotics industry, since we believe it will be a true agent of change for the way we live. Via BetaBeat.