Top 10 Robotics Transactions of May 2021

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4D radar provider Oculii obtains Series B funding

Oculii, which claimed that its Virtual Aperture Imaging software uses AI to increase the resolution of any radar hardware by up to 100 times, raised $55 million in Series B funding in May 2021. The Dayton, Ohio-based company is working with top-tier automotive suppliers to apply its technology to advanced driver-assistance systems (ADAS) and future autonomous vehicles.

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1. 4D radar provider Oculii obtains Series B funding

2. Path Robotics raises $56M for autonomous welding

3. Innovusion to expand lidar R&D with Series B funding

4. Drone pioneer American Robotics picked up for $70.6M

5. PuduTech to use Series C funds to develop more service robot…

6. Mech-Mind builds funding to more than $100M for machine visi…

7. Einride to use Series B to expand autonomous freight

8. 3D printing firm Formlabs doubles valuation to $2B

9. SPAC merger yields $435M for Bright Machines

10. Plus enters SPAC merger to accelerate autonomous trucking

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