Skip to main content
https://www.highperformancecpmgate.com/rgeesizw1?key=a9d7b2ab045c91688419e8e18a006621

Your next tire change could be performed by a robot

Waiting in a service station waiting room purgatory one day, Victor Darolfi had a simple thought. “I sat at America’s Tires for three hours and thought, hey, we use robots to put tires on at the factory,” the founder explains. “Why don’t we bring robots into the service industry?”

The notion was the first seed behind RoboTire, the Bay Area-based robotics company, which the former Spark Robotics CEO founded in October 2018. Now ready to come out of stealth as part of the latest batch of Y Combinator startups, RoboTire has already generated interest in the industry for its ability to change car tires in a fraction of the time of most mechanics.

“We can do a set of four tires, put in to pull out, in 10 minutes,” Darolfi explains. “It normally takes about 60 minutes for a human operator to do a set of four. Some can go faster, but they really can’t do that eight hours a day.”

Partnering with Mitsubishi robotics, RoboTire has designed a system that currently runs around $250,000, which it’s looking to license to service centers, dealers and other outlets. For those who get in early as part of the company’s pilot, the company will charge around $5 to $7 per tire. When a more final product rolls out, that number should jump to around $10 to $15.

RoboTire anticipates that the robot should generate around $10,000 a month, essentially earning back the cost of a unit in around two years. While the startup has been in discussions with a number of high-profile companies, including Bridgestone, the first partner to pilot its product is San Carlos, Calif.-based auto repair shop, Toole’s Garage.

After raising $170,000 in February of last year, RoboTire closed a million-dollar seed round via Type One Ventures and Backend Capital, prior to getting into YC. Next, Darolfi says the company is targeting a “very substantial round” to build out eight systems for piloting.

The executive plans to manufacture and assemble systems in his native Detroit, an area with an abundance of automotive and manufacturing talent, but a dearth of job opportunities.

Comments

Popular posts from this blog

Uber co-founder Garrett Camp steps back from board director role

Uber co-founder Garrett Camp is relinquishing his role as a board director and switching to board observer — where he says he’ll focus on product strategy for the ride hailing giant. Camp made the announcement in a short Medium post in which he writes of his decade at Uber: “I’ve learned a lot, and realized that I’m most helpful when focused on product strategy & design, and this is where I’d like to focus going forward.” “I will continue to work with Dara [Khosrowshahi, Uber CEO] and the product and technology leadership teams to brainstorm new ideas, iterate on plans and designs, and continue to innovate at scale,” he adds. “We have a strong and diverse team in place, and I’m confident everyone will navigate well during these turbulent times.” The Canadian billionaire entrepreneur signs off by saying he’s looking forward to helping Uber “brainstorm the next big idea”. Camp hasn’t been short of ideas over his career in tech. He’s the co-founder of the web 2.0 recommendatio...

Leading VCs discuss how COVID-19 has impacted the world of digital health

In December 2019, Extra Crunch spoke to a group of investors leading the charge in health tech to discuss where they saw the most opportunity in the space leading into 2020 . At the time, respondents highlighted startups in digital therapeutics, telehealth and mental health that were improving medical practitioner efficiency or streamlining the distribution of care, amongst a variety of other digital health markets that were garnering the most attention. Where top VCs are investing in digital health In the months since, the COVID-19 crisis has debilitated national healthcare systems and the global economy. Weaknesses in healthcare systems have become clearer than ever, while startups and capital providers have struggled to operate while wide swaths of the market effectively shut down. Given significant volatility and the rapid changes seen in the worlds of healthcare, venture and startups broadly, we wanted to understand which inefficiencies might have been brought to light, w...

News-reading app Flipboard expands local coverage, including coronavirus updates, to 12 more U.S. metros

Earlier this year, personalized news aggregation app Flipboard expanded into local news . The feature brought local news, sports, real estate, weather, transportation news and more to 23 cities across the U.S. Today, Flipboard is bringing local news to 12 more U.S. metros and is adding critical coronavirus local coverage to all of the 35 supported locales. The 12 new metros include the following:  Baltimore, Charlotte, Cleveland, Detroit, Indianapolis, Nashville, Pittsburgh, Orlando, Raleigh, Salt Lake City, St. Louis, and Tampa Bay. They join the 23 cities that were already supported:  Atlanta, Austin, Boston, Chicago, Dallas, Denver, Houston, Las Vegas, Los Angeles, Miami, Minneapolis-St. Paul, New Orleans, New York City, Philadelphia, Phoenix, Portland, Sacramento, San Diego, San Francisco Bay Area, Seattle, Toronto, Vancouver and Washington, D.C. To offer local news in its app, Flipboard works with area partners, big and small, like The Plain Dealer’s Cleveland.com , ...