Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
May 10, 2016 10:00 pm

MegaBots Raises $2.4M To Create League Of Human-Piloted, Giant Fighting Robots

Remember MegaBots? The Kickstarter success story that was raising money last year to pilot fighting robot named Mk II. Labeling it as a contest for world supremacy, the co-founders challenged a Japanese team Suidobashi Industries to a duel with its Kuratas bot. (Which it accepted very gracefully). The idea was to utilize this octane-packed event to sell merchandise products. Here's an update: it worked. TechCrunch reports: Oakland, Calif. startup MegaBots Inc. has raised $2.4 million in seed funding to bring the robot-fighting stuff of manga and anime to a venue near you. According to MegaBots cofounders, Gui Cavalcanti, Matt Oehrlein, and Brinkley Warren, the startup aspires to follow in the footsteps of major sports associations like Formula 1 or UFC. With the seed funding, Warren said, MegaBots will be partnering with a law firm called Latham Watkins to help set up and roll out its league internationally, taking an approach similar to the Olympics. Specifically, MegaBots will be working with Latham Watkins Partner Christopher D. Brearton, who represents the International Olympic Committee, and has helped organized leagues and governing bodies in sports including the NBA, MLB, NFL and others.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/_PIx-2CLwO4/megabots-raises-24m-to-create-league-of-human-piloted-giant-fighting-robots

Share this article:    Share on Facebook
View Full Article

Slashdot

Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..

More About this Source Visit Slashdot