Soft robotics startups are in high demand for robots with high flexibility and fluidity in 2022
Soft robotics is gaining traction in the robotics domain to create flexible bodies with more fluidity. Multiple soft robotics startups are emerging in the field leveraging RPA, 3D printing, artificial intelligence, and many more cutting-edge technologies. Robots are having soft robotics grippers with rubber and silicon for better performance. A robotics company is working on a wide range of automated solutions to solve the most relevant problems across all industries. The global soft robotics market size is expected to hit US$6369.04 million in 2026 at a CAGR of 35.17%. Let’s explore some of the top ten soft robotics startups to look out for in 2022.
Top ten soft robotics startups in 2022
iCOBOTS is one of the top soft robotics startups with a wide range of collaborative robots performing multiple tasks in the workspace. These robots are created with the integration of RPA and artificial intelligence to solve the challenges of robotic systems. The soft robotics grip system allows industrial robotics to grips with specialized grippers for reducing the need for advanced vision systems and movement calculations. The Integrated Controller unit allows accurate second-particle reactivity as well as repetition of operations.
Soft Gripping is a popular soft robotics company focused on the modular design system for flexible gripping. It offers its individual gripper as well as a multi-actuator system with SfotGripping. The elastic and nonskid surfaces can adapt to any shape for a soft grip and delicate objects. There is a wide range of RPA soft robotics products such as SoftGripper, SoftActuator, Educational SoftGripper, and many more.
Soft Robot Tech
Soft Robot Tech is one of the leading soft robotics startups offering the control technology of soft robots related to the synergistic advantages of industrialization. There are multiple smart vision solutions such as visual image measurement, intelligent appearance inspection, recognition of graphics and instruments, as well as industrial quality inspection. There is a wide range of soft flexible gripper-SFG products in this soft robotics company.
Brain Corp is one of the popular soft robotics startups automating the workflows with robots integrated with RPA and AI. It offers BrainOS as a pioneering AI software platform powering the world’s largest fleet of autonomous mobile robots operating in public spaces with the utmost safety. The soft robotics company helps with multiple applications such as cleaning, moving, and sensing. There are more than 20,000 autonomous robots deployed with 8.1 million total autonomous hours of operation.
Diligent Robotics is known as an artificial intelligence and robotics company creating robot assistants to help healthcare workers efficiently and effectively. These robots are built with ever-evolving mobile manipulation, human-guided learning capabilities, and social intelligence. It offers the first robot teammate known as Moxi to help clinical staff with routine activities through RPA. Moxi covers multiple activities and tasks such as running patient supplies, delivering lab samples, distributing PPE, and delivering medications.
Somnox is one of the top soft robotics startups providing science-backed sleep companions enhancing breathing and settling the mind. Multiple smart sensors help in responding to breathing in real-time and gradually adjusting to the ideal rate for deep sleep. There are two products known as Somnox 1 and Somnox 2 to enhance the quality of sleep through soft robots.
SpectroPlast is a leading soft robotics company with an on-demand silicone additive manufacturing service for end-use silicone products. It provides excellent material performance, surface finish, fine features, and industrial sealing products. All silicon products are biocompatible for multiple industries such as healthcare, audiology, prosthetics, and dental.
Squishy Robotics is one of the popular soft robotics startups with rapidly deployable mobile sensor robots. These robots are impact-resilient tensegrity structures to allow a sensitive payload of sensors and other electronics to be safely airdropped. It offers a wide range of applications such as military applications, IIoT, disaster response, and many more.
Soft Robotics is a well-known soft robotics company offering revolutionary automated picking solutions with 3D vision, soft gripper, artificial intelligence, and RPA. It provides multiple solutions such as mGrip and mGripAI that are easy to integrate allowing the deployment of robots in the food and consumer goods processing to solve supply chain problems efficiently and effectively. The soft robotics startup offers bakery automation, produce automation, protein automation, e-commerce, consumer goods, and logistics automation.
Covariant is a popular robotics company offering the Covariant Brain, the universal AI allowing robots to see and react in real-life environments. The RPA solutions can be applied to different operations with the use of artificial intelligence and RPA. It helps in order picking, induction, and putting walls with multiple benefits.
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PrivaCrip to Power a Blockchain Network That Could Follow Cardano & XRP
When the first decentralised blockchain was popularised in 2008 by Satoshi Nakamoto, the door was open for people across the globe to transact more securely and seamlessly. Many blockchain networks have been built and powered by native crypto tokens, including PrivaCrip (PRCR).
Native tokens exist for several reasons. Aside from acting as digital currencies, they perform various functions. Helping blockchains improve data traceability, security, transparency, and trustworthiness shared throughout the network. They also assist in reducing costs through their ever-evolving efficient methods.
Cardano (ADA) and Ripple (XRP) are among the best blockchain-based cryptos that this article will discuss. We will also look at how PrivaCrip (PRCR) will power a blockchain network set to launch into the crypto space.
Top Tier Crypto Makes its Mark – Cardano (ADA)
Cardano (ADA) has been around in the crypto space since 2017. The Proof-of-Stake (PoS), Ouroborous Cardano (ADA), was established using a research-based methodology.
Research is the backbone of Cardano (ADA) and is integral to its success in the cryptocurrency market. Cardano (ADA) uses an evidence-driven mechanism and peer-reviewed research to run its ecosystem to drive its evolution.
Among many things, Cardano (ADA) helps establish DeFi products and provides a suite of financial solutions. Crypto enthusiasts can stake Cardano (ADA) for a chance to earn rewards for their holdings.
With 2022 providing challenges in cryptocurrencies across the globe, Cardano (ADA) is one of the few cryptos to see a surge in on-chain trading volume this year. CoinMarketCap lists Cardano (ADA) as the 7th largest crypto by market capitalization at the time of writing.
Making Waves – Ripple (XRP)
Launched in 2012, Ripple (XRP) is a leading provider of crypto solutions for businesses. Ripple (XRP) provides developers with a solid open-source foundation for executing demanding projects. It is fast, energy-efficient, cost-effective, and reliable.
The solutions provided by Ripple (XRP) enable developers to solve inefficiencies, including asset tokenization and remittance. Therefore, individuals and businesses may apply Ripple (XRP) for DeFi, payments, tokenization, and more.
Crypto enthusiasts with a long-term focus may find Ripple (XRP) a valuable investing tool. Token holders can use Ripple (XRP) for staking its mainnet platform for a chance to grow their earnings and maximise profit.
The New Face Of Privacy – PrivaCrip (PRCR)
The soon-to-launch PrivaCrip (PRCR) is a cryptocurrency built for Web3 data privacy. It will allow users to develop and use permissionless and privacy-preserving applications. This unique feature of PrivaCrip (PRCR) secures apps, protects users, and fosters the creation of many new Web3 uses.
PrivaCrip (PRCR) will drive a blockchain that creates a more empowering and inclusive internet. It will enable developers to build secure dApps using private contracts based on original privacy research (OPR) to revolutionise Web3.
PrivaCrip (PRCR) will begin pre-sale soon and has an initial token price of 0.10 USD. According to the whitepaper, there will be a total supply of 190 million tokens, of which 40% of the total supply will go to the pre-sale.
Crypto enthusiasts who purchase PrivaCrip (PRCR) during the pre-sale will receive the most significant long-term rewards and bonuses. Those who buy with Bitcoin (BTC) will receive a 10% bonus. Also, those using Ethereum (ETH) to purchase will receive 15% of the total PrivaCrip (PRCR) they purchase as a bonus.
10% of PrivaCrip’s (PRCR) total supply is up for distribution as staking rewards, meaning that token holders who stake will receive rewards for their contribution to the crypto’s advancement.
Blockchain networks are continuously evolving, and so are the crypto tokens that power them. Cardano (ADA) and Ripple (XRP) have contributed tremendously to the success of their blockchain networks, gathering mass appeal.
PrivaCrip (PRCR), for its part, will drive a security-enabled blockchain and scalability in private DeFi, empower data tokenization, and bring together a fast-growing community. Acting on its promise, it has the potential to become the next big mover in cryptocurrency.
For more on PrivaCrip (PRCR), check below:
Cardano (ADA) Withdrawal Fees Waved by Bitrue Exchange
Singapore-based cryptocurrency exchange made Cardano one of its base trading pairs earlier this year
Singapore-based cryptocurrency exchange Bitrue announced that it had temporarily waived withdrawal fees for the Cardano (ADA) cryptocurrency.
The trading platform says that the move is meant to celebrate the support it received from the community behind the cryptocurrency.
Users will be able to withdraw ADA without paying any fees until mid-September.
Bitrue has stressed that it wants users to have “as much choice as possible” when it comes to custody options. Those who want to hold their ADA tokens will not be able to do so without paying an additional commission.
At the same time, Bitrue has touted its “Power Piggy” yield-farm investment program for those who want to earn passive income with ADA.
As reported by U.Today, Bitrue introduced the token as its base currency back in February.
In June 2021, it also became the first cryptocurrency trading platform to add support for Cardano-based native tokens.
Last month, Bitrue also announced a staking initiative with the ADA cryptocurrency. It decided to contribute a million tokens to some of the top Cardano staking pools in an effort to boost the level of decentralization.
Earlier this year, SundaeSwap (SUNDAE), the native token of the SundaeSwap exchange, also became available on Bitrue.
WingRiders Losses 59% Of Its Total Value Locked, Plunges Cardano TVL Below $100M
Popular Cardano-based decentralized exchange WingRiders has lost its position as the most valuable DEX on Cardano.
WingRiders slumped from the first position to third after losing more than 59% of the total value locked (TVL) on the platform in the past 30 days.
At the time of writing this line, WingRiders is now the third-largest DEX by total value locked, with a TVL of $19.66 million. It is noteworthy that WingRiders maintained the top spot for more than two months, claiming 42% of TVL On Cardano. However, the DEX has fallen from glory ever since.
Minswap Is Now Cardano’s Most Valuable DEX
The development also affected the total value locked on Cardano. The total value locked on Cardano has fallen below $100 million in the last 30 days after the WingRiders TVL slumped.
Interestingly, Minswap has taken the lead to become the most valuable decentralized exchange on Cardano after the massive decline of WingRiders’ TVL.
At press time, Minswap is leading, with a $49.09 million total value locked on the platform. The DEX hit the milestone after recording a massive growth of 30.9% in its TVL in the past 30 days. Minswap accounts for 51.82% of the total value locked on Cardano.
SundaeSwap, the first decentralized exchange on Cardano, is now the second most valuable DEX in the ecosystem. SundaeSwap is second in the ranking, with $19.72 million in TVL.
Like WingRiders, SundaeSwap has also lost a significant amount of its TVL over the past 30 days. In the past month, SundaeSwap has lost nearly 10% of the funds locked on the platform.
Commenting on the development, Cardano Daily, a platform that shares new developments about Cardano, said:
“After the major decline of @wingriderscom, the TVL scenario of the Cardano ecosystem has stabilized back to normal as we have seen in the past few weeks. @MinswapDEX still led the ecosystem with $51M TVL, contributing 50% of the ecosystem.”
CARDANO TVL STATUS
After the major decline of @wingriderscom, the TVL scenario of the @Cardano ecosystem has stabilized back to normal as we have seen in the past few weeks. @MinswapDEX still led the ecosystem with $51M TVL, contributing 50% of the ecosystem#tvl #cardano $ADA pic.twitter.com/xjZ6cHo8jX
— Cardano Daily (@cardano_daily) August 9, 2022
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