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Investment activity in robots, drones, autonomous vehicles, and related technologies slowed in May 2021 in comparison with the previous month, totaling more than $3 billion in 70 deals. In comparison, there were also about 70 transactions in April, but they were worth more than $7 billion. Industrial automation, mostly for manufacturing, was the leader in May 2021, with more than…
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Lift truck providers Yale and Hyster, which are part of Hyster-Yale Group, are each offering safety-related resources for National Forklift Safety Day. Yale offers safety tips, inspection, as well as a complementary tire inspection gauge from participating dealers. Visit Yale’s safety page here for more information and resources. According to Yale, frequent, thorough examination of your lift trucks, supported by…
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Toyota Motor Corp.'s first standalone, early-stage venture capital firm, Toyota AI Ventures, yesterday said it will change its name to Toyota Ventures and grow its total assets under management to more than $500 million. The addition of two $150 million early-stage funds—the Toyota Ventures Frontier Fund and the Toyota Ventures Climate Fund—reflect its commitment to partnering with entrepreneurs and innovators,…
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Ease of use has been a mantra among robotics vendors in the past few years as they seek to expand adoption. Sensors and software have proven to be the “secret sauce” in automating new tasks. Realtime Robotics Inc. has developed proprietary motion-control technology to enable industrial robots to collaborate with human workers. Yesterday, the company announced completion of a $31.4…
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Skydio Inc. this week announced the general availability of its Skydio 3D Scan adaptive scanning software. The Redwood City, Calif.-based company also said that Bentley Systems Inc. has joined its technology partner ecosystem as a preferred photogrammetry provider for 3D Scan datasets. Skydio 3D Scan adds artificial intelligence to drones to automate image collection and mapping tasks, ranging from infrastructure…
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MassRobotics
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Astro Aerospace Ltd., which develops electric vertical takeoff and landing, or eVTOL, aerial vehicles and drones, today said that it has closed its acquisition of Horizon Aircraft Inc. The companies said the transaction will enable them to offer a complete product line across commercial and industrial applications, combining access to capital with industry experience. Horizon Aircraft claimed that it has…
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The Eastern Kentucky Advanced Manufacturing Institute, or eKAMI, today announced the opening of a new Robotics Center that will offer hands-on training with robots that are used daily in factories and logistics facilities around the world. The Paintsville, Ky.-based institute, which is a model of workforce retraining, will include mobile robots and fixed robot arms from major vendors. “We are…
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The inability to quickly, easily, and safely deploy industrial robots has been a barrier to entry for new users, but several companies are developing software to change that. Realtime Robotics Inc. today announced that it has completed $31.4 million Series A round of fundraising. The Boston-based company said it will apply the funding to accelerating product rollouts for its autonomous…
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The potential benefits of autonomous vehicles in the freight industry is leading to global partnerships to tackle the challenges of development, testing, and commercialization. Last week, Kodiak Robotics Inc. announced that it has partnered with SK Inc. to bring the Kodiak Driver self-driving technology to Asia-Pacific markets. As part of the relationship, SK said it will work with Kodiak to…
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Realtime Robotics
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Crown Equipment Corporation, one of the world’s largest material handling companies, is using this month’s National Forklift Safety Day, sponsored by the Industrial Truck Association (ITA), to emphasize the importance of a comprehensive safety program that goes beyond the forklift and stresses the role of the individual. On National Forklift Safety Day and every day, warehouse, supply chain, and safety…
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ZongMu Technology Co., which has been developing autonomous parking and driving capabilities, has raised $190 million (U.S.) in Series D funding. The Shanghai, China-based company said it will work with international partners to form a complete product line, from semiconductors and sensors to manufacturing, for assisted and autonomous driving. Founded in 2013, ZongMu has six research and development centers across…
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DHL Supply Chain today announced that it plans to acquire up to 2,000 mobile robots from Locus Robotics Corp. as part of its wider Accelerated Digitalization Strategy. The global logistics company is expanding its four-year-old relationship with Locus in its largest deployment to date. “It is particularly important for us to be able to consistently optimize our supply chains—assisted picking…
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DHL Supply Chain, the contract logistics leader within Deutsche Post DHL Group, today announced a framework agreement expanding its collaboration with Locus Robotics, which offers autonomous mobile robots (AMRs) that assist humans in warehouse fulfillment processes. Initial investments in assisted picking robots have proven effective in commercially scaled operations, according to DHL Supply Chain, with this multi-million dollar agreement enhancing…
GENISOM AI makes ICRA debut at conference in Vienna
World's first omni-modal evaluation including tactile sensing for…
Ultrasonic sensing enhances robotics perception
Cybernetix Ventures’ event kicks off Robotics Tech Week 2026 slate of events
