Top 10 Robotics and Automation Transactions in Q1 2021

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1. Teledyne acquires FLIR Systems for $8B

Teledyne Technologies Inc. announced that it acquired FLIR Systems Inc. for cash and stock worth about $8 billion on Jan. 4. Robotics is a part of each company’s portfolio. Thousand Oaks, Calif.-based Teledyne produces instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems. Arlington, Va.-based FLIR makes thermal imaging systems for defense and industrial applications. In 2019, FLIR itself bought unmanned ground systems contractor Endeavor Robotics.

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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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