Top 10 Robotics Transactions of May 2021

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3D printing firm Formlabs doubles valuation to $2B

​Somerville, Mass.-based Formlabs raised a Series E round of $150 million, led by SoftBank Vision Fund 2. The 3D printing company said that will bring its total valuation to $2 billion. As additive manufacturing is able to handle more materials and advanced software enables novel designs, the industrial uses and market for 3D printing are growing. For instance, Formlabs’ technology could be used to produce customized headphones or dental work.

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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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