News & Perspectives

Pittsburgh-based technology and innovation leader, banker and advisor to support advanced AI startups and strategy for regions preeminent Robotics and AI Venture studio

Carnegie Foundry, a leading robotics and AI venture studio, specializing in the development and commercialization of next-generation autonomous robotics and AI, proudly announces the addition of Richard Fruehauf as Chief Venture Officer

Industry veteran to guide design and sales of the most cost effective, safety conscious, interoperable solutions and services for warehouse and material handling automation

Carnegie Foundry spinoff VoxEQ's Verify, Persona and Prompt products, are now available of the Genesys AppFoundry. The suite of offerings improve and protect human interactions to prevent fraud, defend against fakes and delight customers at a lower cost. The first AI with contextual intelligence about the person, delivering real-time analysis of signals in the human voice, in any language with a simple API.

Company incubated in Carnegie Foundry, a Pittsburgh-based partner of Carnegie Mellon University, receives $5 Million investment to grow market share by executing on pilot programs, expanding talent and establish operations and manufacturing presence in the region.

Freespace Robotics enters into a partnership with global system integrator and supply chain technology leader  Fives Intralogistics. Through a mutual exchange market, customer and technology expertise both companies will strengthen their position as key players in warehouse automation.

Carnegie Foundry startup VoxEQ, a provider of world class and proprietary artificial intelligence tools to understand the person behind the voice, today announced additional investment, led by GOVO Venture Partners

While the details of the U.S. Steel-Carnegie Foundry initiative are still to be disclosed, Burritt mentioned several AI-related projects that have saved U.S. Steel upward of $15 million a year. He touted the company’s increasing efforts in digitization as another manifestation of its future-oriented growth strategy. Burritt told investors that U.S. Steel’s digital efforts will pay off big, and already have in generative and other forms of AI.

NFI Ventures, LLC, a venture capital group affiliated with the ownership of NFI, a fully integrated North American supply chain solutions provider, today announces a capital investment in Carnegie Foundry spinoff, Freespace Robotics, which has the potential to be the fastest, densest, and most cost-effective Automated Storage and Retrieval System (AS/RS) for optimizing warehouse and supply chain operations.

Carnegie Foundry company makes major accuracy improvements in voice AI enables banks, financial services and security firms to catch fraudsters before they cause harm - while improving customer experience and reducing costs.

Robotics venture studio closes lead investment in a recently launched, special purpose vehicle (SPV) designed to fast-track funding for the next generation of startups in robotics, automation and Industry 4.0 coming out of Carnegie Foundry.

Richard Fruehauf and Jay Iyengar, senior strategic and technology executives at U.S. Steel and Oshkosh corporation respectively,  join Carnegie Foundry's Board of Directors.

An inaugural roundup of connectors in Pittsburgh, highlighting people across government, industry, academia and nonprofits. Here's who's moving the region's tech and entrepreneurship economy forward. These are the people who broker venture capital deals, people who build the hardware behind robots, people at the lab bench and people negotiating behind government doors.