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…project with MONET Technologies and SoftBank for an international route in Tokyo. A Toyota Sienna Autono-MaaS equipped with May Mobility’s ADK will launch this fall as part of a new public on-demand AV deployment. Source: May Mobility Investors support 'driver-out' operations May Mobility said its Series C round brings its total funding to date to $194 million. The company said…
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…revenue multiple in 2022, with SoftBank acquiring a $2.2 billion stake that valued the company at $7 billion. Similarly, Zebra Technologies acquired Fetch Robotics for $290 million (95% stake) in 2021. Based on Fetch’s “run-rate sales of approximately $10 million” at the time of the acquisition, IA said this would imply a staggering 31x revenue multiple. However, Interact Analysis said…
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…a $7.5 billion commitment from SoftBank Group and Symbotic, Exol, formerly known as GreenBox Systems LLC, said that it is building a nationwide automated fulfillment network designed to deliver consistent, enterprise-grade omnichannel operations across business-to-business (B2B) fulfillment and compliance, direct-to-consumer (DTC) fulfillment, store replenishment, retail consolidation, inbound and outbound freight services and intelligent carrier selection. “Symbotic’s vision has always been…
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…with Angela Du, partner at SoftBank Investment Advisers. The conversation included SoftBank’s 5-, 10- and 300-year outlook (not a typo) in the robotics investment space, alongside the company’s target industries moving forward. SoftBank acquired ABB’s Robotics division in October 2025 for $5.375 billion. The global robotics landscape The next session at Robotics Invest 2026 featured a four-person panel, discussing the…
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…Pepper, a humanoid made by SoftBank Robotics. It has offered them through a robotics-as-a-service (RaaS) model. In addition, the company makes networking equipment, cloud-based vending machines, smart joint actuators, and temperature measurement systems that can be mounted on stationary or mobile devices to detect symptoms of illness. CloudMinds said it has served more than 80 hospitals and clinics during the…
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…Lee Partners (THL), and the SoftBank Vision Fund led RightHand's latest funding, which brings its valuation to $240 million. Tenzer said he expects the company make $10 million in revenue this year. Zebra Technologies, Epson, and Global Brain also join the Series C round, along with previous investors GV (Google Ventures), F-Prime Capital, Menlo Ventures, Matrix Partners and Future Shape.…
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…the e-commerce fulfillment arm of SoftBank, is working to make a lights-out facility a reality. “Our ultimate goal is a completely automated warehouse,” said Masashi Okabe, a project manager and production engineer at SoftBank Robotics, and a member of the team that designed the highly automated 600,000-sq.-ft. facility in Ichikawa City. Part of that vision includes the development of a…
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…D funding Temasek, TrueLight Capital, SoftBank Vision Fund 2, and Prosperity7 Ventures, and the diversified growth fund of Aramco Ventures led JAKA Robotics' Series D round. One strategic investor also participated. “We believe Jaka Robotics is one of the leading collaborative robot companies in China who is helping manufacturers boost productivity,” said Dennis Chang, managing partner at SoftBank Investment Advisers.…
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…of automated and manual procedures. SoftBank's humanoid robots Pepper and NAO attracted and served consumers in commercial facilities with voice communication technology. Many educational institutions also embraced them as teaching tools. SoftBank sold those service robots to United Robotics Group last year. Servi and Keenbot are delivery and transportation robots that assist the food and beverage industry by cutting labor…
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…Enterprise Associates, Canaan Partners and SoftBank Group Corp. rolling 100% of their equity into the combined company. The PIPE is anchored by Chamath Palihapitiya, Founder and CEO of Social Capital, Hedosophia and funds and accounts managed by BlackRock. At closing, BG expects to have approximately $507 million cash, which will be used to fund operations and support new and existing…
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…stores and commercial buildings. With Softbank’s deployment of mobile cleaners for offices being rolled out in Asia and the United States, cleaning robots will become a common sight within the service economy. Even more esoteric form factors, like quadrupeds, are expected to increase significantly for data collection purposes, particularly for real estate, construction, and industrial inspection. ABI Research predicts that…
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…million in financing from Japan’s SoftBank Vision Fund and has partnered with Kroger to deliver the groceries and with Domino’s to deliver the pizzas. KiwiBot is providing similar services for the university campus. The University of California at Berkeley and the University of California, Los Angeles were two of the earliest colleges to welcome the food delivery robots, KiwiBot. Drones…
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…fact, at Walmart [which uses SoftBank's Whiz cleaning robots powered by BrainOS], it's good ROI if technology is not displacing people. It increased its number of robots this year by 200. What other applications besides cleaning does Brain enable? Thomason: We strategize a lot. We have extended, paid-for pilot with Sam's Club to do shelf scanning in 11 stores today.…
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…logistics service (3PL) facility with SoftBank Robotics Corp. “The new center complements other design and test facilities in the region and provides a focal point for customers, investors, and technical activities,” said Berkshire Grey. In February, Berkshire Grey entered into a definitive agreement with Revolution Acceleration Acquisition Corp. (RAAC), a special-purpose acquisition company (SPAC). The merger is expected to result…
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…invest in automation. Last month, SoftBank invested NOK 25 billion ($2.8 billion U.S.) in AutoStore, increasing the company's valuation to NOK 65 billion ($7.7 billion). “The demand for automated solutions in the retail trade and an increasing uptake of e-commerce by consumers means that the market for automated warehousing solutions is strong,” said Lier. “In addition to the fact that…
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Look beyond the headlines for the latest in humanoid robots
