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June 18, 2012 01:24 am GMT

Crowd-funded Robots Are On Their Way Says Mr China

greshinThere's nothing like a good conference to create opportunities for new deals, and F.ounders last week in New York was just such an event. Indeed, on the panel I ran about the international tech scene, Dimitry Grishin, the co-founder and chief executive of Russian e-mail and social networking giant Mail.ru, sat next to Liam Casey, CEO of PCH International, a man described as "Mr China" for his ability to make, ship and deliver just about any piece of hardware, including some for a well known tech brand you're probably using right now.This was perhaps more than fortuitous. For Grishin had that day announced his plans to invest in a personal robotics fund. Grishin Robotics will have $25 million to play with, searching for personal robotics technology and startups catering to everyday people.After that panel Grishin and Casey were seen in deep conversation for over an hour. And when I checked in with Casey he admitted they were looking at working together to... build robots."Dimitry wants to fund robotic startups. We could potentially build them," he told me.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/LbE1SPzs4J8/

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