New Wave Announces Investment in Cartwheel Robotics, an Advanced Robotics Company Seeking to Build Humanoids for Humans

Core Insights - New Wave Holdings Corp. has made a strategic investment of US$150,000 into Cartwheel Robotics Inc. to support the development of advanced humanoid products and solutions [1][5] - Cartwheel Robotics, founded in 2021, specializes in advanced robotics products and engineering services, with a focus on solving complex problems [2] - The company is led by Scott LaValley, who has extensive experience in robotics from notable companies such as Disney, Google, and Boston Dynamics [3] Company Overview - Cartwheel Robotics engages in various functions within the physical AI and humanoids industry, including prototyping and delivering production-ready designs [4] - The investment from New Wave is aimed at accelerating R&D initiatives and commercialization plans for Cartwheel Robotics [5] - New Wave Holdings Corp. focuses on supporting innovative companies in sectors like E-Sports, Artificial Intelligence, Blockchain, and Web3 [7]