Top 10 Robotics and Automation Transactions in Q1 2021

9. AI processor provider Horizon Robotics finds $400M

CATL, a supplier of batteries for electric vehicles, led the Series C2 financing of Horizon Robotics on Jan. 7. The Beijing-based company makes embedded, AI-powered chips for autonomous vehicles, robots, and other smart devices. Horizon Robotics said it plans to use the funding on research, development, and commercialization of processors for Level 4 and 5 autonomous driving.

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