Hardware Podcasts

Silicon Valley Bank closed by FDIC

The Robot Report Podcast · 10 Mar 2023 · 54m

What this episode covers

Hosts Steve Crowe and Mike Oitzman discuss the closure of Silicon Valley Bank (SVB) and its potential impact on robotics startups, noting that 44% of 2022 tech IPOs were backed by SVB. They then interview Rylan Hamilton, co-founder and CEO of 6 River Systems, who details his journey from Kiva Systems to founding 6 River Systems, which was acquired by Shopify for nearly $1 billion. Hamilton emphasizes that 6 River’s success with its AMR product, Chuck, stems from focusing on customer workflow and station design rather than just the robot hardware, and highlights the benefits of their integration with Shopify’s fulfillment network.

Most relevant to

early-stage companies and companies scaling up

Topics

Mentioned

Companies
Silicon Valley Bank, 6 River Systems, Kiva Systems, Shopify, John Deere, Spark AI, iRobot
Products
Chuck

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