Top 10 Robotics Transactions of May 2021

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PuduTech to use Series C funds to develop more service robots

Service robotics is a slippery category, including everything from customer-service droids to materials handling systems and disinfection robots. Pudu Technology Inc. supports these use cases and more with its mobile robot base and a range of tops and accessories. The Shenzhen, China-based company said it plans to use its latest $78 million to continue expanding its product line and growing in foreign markets.

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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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