{"id":578679,"date":"2024-04-11T10:46:02","date_gmt":"2024-04-11T14:46:02","guid":{"rendered":"https:\/\/www.therobotreport.com\/?p=578679"},"modified":"2024-04-11T12:47:43","modified_gmt":"2024-04-11T16:47:43","slug":"electric-sheep-wins-2024-rbr50-startup-of-the-year","status":"publish","type":"post","link":"https:\/\/www.therobotreport.com\/electric-sheep-wins-2024-rbr50-startup-of-the-year\/","title":{"rendered":"Electric Sheep wins 2024 RBR50 Startup of the Year"},"content":{"rendered":"
\"field

Electric Sheep is vertically integrating its field operations team with autonomous mowers. | Credit: Electric Sheep<\/p><\/div>\n

This year, the annual RBR50 Robotics Innovation Awards added new categories: Application of the Year, Startup of the Year, and Robot of the Year. We received numerous submissions for some incredible startups innovating in some interesting markets. The Robot Report<\/em>‘s team chose autonomous landscaping company Electric Sheep Robotics as the inaugural RBR50 Startup of the Year.<\/p>\n

The San Francisco-based company<\/a> has a novel business plan that is immediately bringing in revenue while it takes its time to evolve the underlying technology. This is different from many robotics businesses, which simply sell or lease systems to integrators and end users.<\/p>\n

\u201cWe are honored to be recognized by WTWH Media\u2019s Robotics Group with this inaugural award. I want to also acknowledge our dedicated team at Electric Sheep that are passionate about creating the most advanced robotics that can change an often overlooked industry,\u201d stated Nag Murty, co-founder and CEO of Electric Sheep. \u201cWe are doing things differently than other robotic companies by using AI and ML at a higher level for localization and high-level control. We are scaling physical agents across the country to care for our outdoor spaces.\u201d<\/p>\n

Founded in 2019, Electric Sheep has grown to over 100 employees, and it has raised more than $25 million in funding to date, according to<\/a> Crunchbase.<\/p>\n

You can also learn more about Murty’s entrepreneurial philosophy and Chief Technology Officer Michael Laskey’s design principles on a recent episode of The Robot Report Podcast<\/a>.<\/p>\n

Acquisitions add data for autonomy AI<\/h2>\n

Electric Sheep develops autonomous robots for outdoor maintenance. Its flagship robot is an autonomous mower backed by the company\u2019s ES1<\/a> foundation model.<\/p>\n

Based on recent advances in generative AI, ES1 is a learned-world model that enables reasoning and planning for the Verdie robot<\/a>. ES1 powers both the RAM robot for mowing and now Verdie for edging and trimming lawns and bushes and blowing leaves.<\/p>\n

In addition, Electric Sheep acquired four landscaping companies<\/a> last year and said that this is a key part of its long-term plan<\/a>. This strategy isn’t just about revenue. The businesses it acquires can also use ES1 and provide crucial data to make the model more effective.<\/p>\n

This information can help improve Electric Sheep’s operations, enabling its robots to start working as soon as they arrive at a job site. <\/p>\n

Since taking this two-pronged approach to development and business, the company reported that its sales have grown eightfold. Electric Sheep has set itself apart from other startups by making sure it always has money coming in and by finding a unique way to get important data about its business.<\/p>\n