Top 10 Robotics Transactions of May 2021

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Einride to use Series B to expand autonomous freight

​Stockholm, Sweden-based Einride AB has been developing driverless trucks since 2016, and it raised $110 million in Series B funding in May 2021. The company said its electric, autonomous vehicles are more efficient, safer, and more environmentally sustainable than conventional trucks. Einride plans to expand testing in Europe and the U.S. As with self-driving cars, however, the race for autonomous trucking is getting crowded, with multiple partnerships announced in the past few months.

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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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