Topic:

Mr. Roboto

Mr. Roboto

Russian Web Tycoon Launches $25 M. NYC Investment Fund for Personal Robots

Mr. Grishin, holding court at Dean & Deluca

Last week, Betabeat met 33-year-old Dmitry Grishin, the so-called “Russian Mark Zuckerberg,” to talk about robots. Or more specifically, to talk about the $25 million investment Mr. Grishin just made to launch Grishin Robotics, a global investment firm–based in New York City!–with the goal of bringing personal robots into every household in the world.

Mr. Grishin is the CEO of Mail.ru, one of the largest Internet companies in Russia, offering services like email, instant messaging, and social networking.¬†After going public on the London Stock Exchange in 2010, Mail.ru currently has a market cap of $7 billion.¬†Mail.ru also happens to have sold a hefty chunk of its Facebook stock in the company’s recent IPO, which might explain why Mr. Grishin decided the time was right to pursue his dream. “I have personal passion for robotics,” Mr. Grishin, a graduate of Moscow State Technical University’s Robotics and Complex Automation program. “I really believe this is a cool, cool area.”

As it happens, talking to Mr. Grishin was not our first conversation about the impending robot revolution in recent weeks. Read More