Top 10 Robotics and Automation Transactions in Q1 2021

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10. WeRide raises $310M for autonomous vehicles

After completing Series B2 and B3 funding, WeRide announced on Jan. 14, 2021, that it had raised a total of $310 million. Yuton Group led the investment into the Guangzhou, China-based developer of Level 4 autonomous vehicles. WeRide has been testing its robotaxi since November 2019, and it said that more than 60,000 passengers completed more than 147,000 trips in the first year of service. The company is also developing an autonomous bus and said it plans to use the investment to “strengthen the stability and safety of self-driving systems, operate our services while adhering to regulations, and strive to bring more self-driving products to the market.”

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1. 10. WeRide raises $310M for autonomous vehicles

2. 9. AI processor provider Horizon Robotics finds $400M

3. 8. Berkshire Grey enters $413M SPAC merger

4. 7. Plus gets $420M for autonomous trucks

5. 6. Momenta obtains $500M in Series C funding

6. 5. Nuro receives $500M in Series C funding for delivery robo…

7. 4. VELO3D to undertake $500M SPAC merger

8. 3. Cruise gets $1B in equity funding from Microsoft, others

9. 2. 3D printing firm Markforged in $2.1B SPAC merger

10. 1. Teledyne acquires FLIR Systems for $8B

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