Top 10 Robotics and Automation Transactions in Q1 2021

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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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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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