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June 15, 2012 04:28 pm GMT

Mail.ru CEO Starts $25 Million Fund To Spark Personal Robotics Start-Ups

Grishin Robotics_logoDmitry Girshin, CEO of Grishin Robotics, believes that robots - personal robots, not boring ones like the Mars Rover - are the future. "It has been very difficult to do something really big in robotics for the last 20 years. So much technology innovation has been web-based and with computers. It's been very expensive and hard to do to build a prototype, never mind bringing it to market.""We can advance robots quickly and in a big way," he said.

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