About CANVAS Technology
Canvas Technology is a robotics company with a mission to provide end-to-end autonomous transport of goods. The company seeks to create safe, autonomous technology that can power both indoor and outdoor driving.
Research containing CANVAS Technology
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned CANVAS Technology in 4 CB Insights research briefs, most recently on Mar 8, 2022.
Expert Collections containing CANVAS Technology
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
CANVAS Technology is included in 2 Expert Collections, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
This collection includes startups developing autonomous ground robots, unmanned aerial vehicles, robotic arms, and underwater drones, among other robotic systems. This collection also includes companies developing operating systems and vision modules for robots.
CANVAS Technology Patents
CANVAS Technology has filed 2 patents.
Sensors, Operating roller coasters, Visual perception, Vision, Electromagnetic radiation
Sensors, Operating roller coasters, Visual perception, Vision, Electromagnetic radiation
Latest CANVAS Technology News
Apr 6, 2023
Despite flagging demand for Alexa, experts say Amazon could still pull ahead of the pack. Create an account to save your articles. Developers, start your algorithms! Amazon Web Services just announced that it’s launching a 10-week AWS Generative AI Accelerator to speed up its A.I. efforts. The program offers access to A.I. resources, mentorship, and $300,000 in AWS credits. With A.I.-powered digital assistants—including Amazon’s Alexa, Apple’s Siri, and Google’s Assistant—now relegated to yesterday’s news, is this just a desperate bid for relevance? Not likely, experts say. AD AD Development in A.I. went into overdrive during the past few months with the launch of OpenAI’s ChatGPT. Even though Amazon is a household name in technology—and Alexa, its voice-activated assistant, one of the first experiences most people have had with natural language-capable artificial intelligence—the company has seemingly lost the beat. Alexa has fallen short of Amazon’s goal of creating the next big platform in tech. Even onetime believers in the technology say innovation has stalled on Alexa, a sentiment that has grown since ChatGPT set the tech world ablaze when it came out in Nov 2022 But industry observers say that Amazon’s real strength is in the suite of AWS applications that power a large part of the internet. “Instead of digging for gold, Amazon is in the business of selling shovels,” Anish Mitra, former Vice President of Growth at Goldman Sachs, told Decrypt. “What Amazon is realizing is that any successful A.I.-based business will need a ton of computing power.” The company may not have introduced applications for end consumers like Google (with Bard) and Microsoft (investing in and integrating OpenAI APIs), but it will undoubtedly incorporate even more A.I. into its solutions, Mitra said. “Alexa has become essential in people’s lives, capturing 60% of the market,” Mitra said. “It’s crucial for Amazon to improve it further, especially since advanced AI tools are not yet widely used by everyday consumers. Currently, AI usage is mainly limited to the top 5-10% of white-collar professionals. However, this could change over time.” Just as AWS was one of the great foundations for the cloud revolution, Amazon will invest more and more in user-friendly platforms so that developers can build and train increasingly refined and specific models, unlocking billions of dollars in value over the next decade. Amazon has made substantial investments in A.I., particularly with its AWS cloud computing platform, which offers businesses a range of AI and machine learning services. Amazon also uses A.I. in its e-commerce business, such as recommendation engines, inventory management, and logistics. AD AD “Amazon will do what it does best: become a platform,” founder of the A.I. education company Inevitable, Tiago Amaral, told Decrypt. Amaral pointed to AWS’s recent partnership with the A.I. company Hugging Face, which aims to allow the development of machine learning models to become much easier and accessible. Alexa was one of Amazon’s earliest A.I.-related acquisitions in 2013. Subsequent A.I. acquisitions included deep learning startup Orbeus in 2015, cybersecurity AI startup Harvest.ai in 2017, and robotics startup Canvas Technology in 2019. A separate web traffic analysis company called Alexa Internet was acquired by Amazon in 1999 and discontinued in 2022. The Amazon accelerator program, like others, is designed to support early-stage technology startups by providing them with resources, mentorship, networking opportunities, and sometimes funding to help them grow and scale their businesses quickly. We are excited to announce the AWS Generative AI Accelerator! 🚀🤖 This 10-week program is designed to help early-stage startups using Generative AI solve big challenges to scale and grow. Learn more about the program & apply here: https://t.co/Vyw0yPVnq0 pic.twitter.com/oGuQUQLrwG “We’re inviting generative A.I. startups across the globe to submit their application for the program,” Rob Ferguson, Global Head of Artificial Intelligence and Machine Learning for Startups at AWS, told Decrypt. “We’ll evaluate applications based on target market, founder/market fit, depth of machine learning native product integrations, and team composition as it relates to diversity and technical/non-technical leadership.” Ferguson said 10 startups will be selected to participate in the program, and that mentors will be industry experts who will guide them through the intricacies of generative A.I. development. Stay on top of crypto news, get daily updates in your inbox. Your Email
CANVAS Technology Frequently Asked Questions (FAQ)
When was CANVAS Technology founded?
CANVAS Technology was founded in 2015.
Where is CANVAS Technology's headquarters?
CANVAS Technology's headquarters is located at 1855 S 57th Ct, Boulder.
What is CANVAS Technology's latest funding round?
CANVAS Technology's latest funding round is Acquired.
How much did CANVAS Technology raise?
CANVAS Technology raised a total of $15M.
Who are the investors of CANVAS Technology?
Investors of CANVAS Technology include Amazon, Morado Venture Partners, AME Cloud Ventures, Xplorer Capital, Playground Global and 3 more.
Who are CANVAS Technology's competitors?
Competitors of CANVAS Technology include Clearpath Robotics, Magazino, Realtime Robotics, Locus Robotics, Osaro, 6 River Systems, Soft Robotics, Geek+, Symbotic, Nomagic and 19 more.
Compare CANVAS Technology to Competitors
Bleum Robotics produces advanced robotic systems designed to automate large scale warehouses and factories. Bleum designs, builds and implements a completely integrated solution including the robots, the software, the pick stations and they also provide the consultants to implement and adapt the system to a client's production environment.
GreyOrange operates a global technology company unifying artificial intelligence (AI)-driven software and mobile robotics. It modernizes order fulfillment and optimizes warehouse operations in real time. It uses advanced fulfillment science to instantaneously evaluate order data and compose the best decisions in real-time to efficiently orchestrate people, processes, and robots. GreyOrange was founded in 2012 and is based in Roswell, Georgia.
OPEX Corporation offers solutions for high-speed mailroom automation, document imaging, and warehouse automation. Their automated warehouse system includes several components including a robotic, goods-to-person order picking technology for warehouses and distribution centers. Sure Sort is a robotic "each" or "piece" sorter that, per the company, handles complex variables and delivers a wide variety of items into a compact array of order bin locations in a single pass. In addition, they offer a "one touch" picking solution based on proven iBOT delivery technology.
Scallog offers an automated robotic solution for distribution in order to make warehouses more scalable and efficient.
Locus Robotics designs and builds autonomous mobile robots that work collaboratively alongside workers in the logistics and fulfillment industries. It develops autonomous mobile robots that operate collaboratively with human workers to improve piece‐handling, case-handling, and pallet-moving productivity. The company was founded in 2014 and is based in Wilmington, Massachusetts.
Geek+ develops robotics technologies. It applies robotics and artificial intelligence (AI)-based technologies to help in operations for warehouses and supply chain management. The company was founded in 2015 and is based in Chaoyang District, China.