Top 10 Robotics Transactions of May 2021

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Mech-Mind builds funding to more than $100M for machine vision

​Mech-Mind robotics recently completed its Series C fundraising round, saying that its total funding is more than $100 million. The Beijing-based company said its machine vision software, 3D camera, AI, and programming environment should make it easier for factories and warehouses to bring in automation. Mech-Mind counted Chinese tech giant Meituan among its investors, and it recently released a 3D camera that it said can work in demanding lighting conditions.

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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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