A robot that can do everything that a human can do has finally come to market.
This month, an Australian startup called RoboRobot is making headlines around the world when it announced it had raised $1.4 billion in funding, making it the largest private funding round for a startup in the world.
RoboRobot CEO David O’Brien told Mashable the funding was the biggest investment in robotics in a decade.
The company says it will be launching a full-scale production facility in 2018.
O’Brien said the first RoboRobots will be fully autonomous and self-driving by 2027.
He said the company plans to use robots to make products, including “electronic wallets, home security systems, car doors, door hinges, door handles, car windows, locks, and more.”
But not everything will be robotic.
The company says its robots can “take human-like jobs that have traditionally been done by humans,” and that “the robots can do the heavy lifting of production and will be able to be used as factory robots.”
Robot maker Allyson is also investing in the company.
Allyson told Mashability the investment will give the company access to “all of the talent, expertise, and resources that we need to create the next generation of robots.”
The company also said it will use its robotics expertise to develop autonomous systems for industrial manufacturing and services.
Allyson said it plans to sell the robots through its network of partner companies and through a partnership with Ford.
The company has made it clear that it plans for robots to become part of the workforce in the future.