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Thomas H. Lee Partners to Acquire Semiconductor Solutions Group From Brooks Automation for $3B

Found in News and Content

…selling a 40% stake to SoftBank in April. “THL remains focused on investing behind automation leaders, as underscored by the closing of our Automation Fund in 2020, and working with management to accelerate growth, said Jim Carlisle, managing director and head of THL’s Automation Fund. “We welcome Brooks Automation into our family of dynamic and innovative automation solution providers, and…


Keenon Robotics Raises $200M in Series D Funding for Service Robots

Found in News and Content

…new markets, trends, and customers.” SoftBank leads round SoftBank Vision Fund 2 led Keenon Robotics' Series D round, followed by CICC ALPHA and Prosperity7 Ventures, the diversified growth fund of Aramco Ventures. China Renaissance was the exclusive financial advisor for this financing. “We believe robotic solutions can have a profound impact across the services industry by assisting with repetitive, tedious…


Agile Robots Raises Series C Funding, Claims to Be First Unicorn in Field

Found in News and Content

…C funding round led by SoftBank Vision Fund 2. The robotics software startup claimed to be “the only unicorn in the intelligent robotics field with a valuation exceeding US$1 billion globally.” Agile Robots said it will use the financing for product development, mass production, and sales expansion. “With the unique technology by combining a robotic OS [operating system] and the…


10 Humanoid Robots to Keep an Eye on Besides Boston Dynamics’ Atlas

Found in News and Content

…As the recent cessation of SoftBank's Pepper service robot line shows, most humanoids are not yet rugged, dexterous, or affordable enough to be commercially viable or useful for multiple tasks. Combining locomotion, a humanoid design, mobile manipulation, and a smooth user interface is a still a tall order. As with the concept of multipurpose household robots, the hardware of humanoids…


Brain Corp CTO Discusses Software Driving Mobile Robot Value, Future Plans

Found in News and Content

…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.…


Berkshire Grey Opens New Headquarters and Robotics Innovation Center

Found in News and Content

…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…


CMR Raises $600M in Series D Funding for Versius Surgical Robots

Found in News and Content

…improve surgical care, said CMR. SoftBank Vision Fund 2ii leads round SoftBank Vision Fund 2ii led CMR's Series D round, which was co-led by Ally Bridge Group. Other new international investors included RPMI Railpen, Tencent, and Chimera, broadening the geographic scope of the company's shareholder base. “Demand for minimally invasive robotic surgery is growing rapidly among surgeons and patients, yet…


Boston Dynamics Acquisition by Hyundai Motor Group From SoftBank Is Complete

Found in News and Content

…in Boston Dynamics Inc. from SoftBank Group Corp., following the receipt of regulatory approvals and other customary closing conditions. The deal valued the Waltham, Mass.-based mobile robot company at $1.1 billion, and additional financial details were not disclosed. Seoul, South Korea-based Hyundai now holds an 80% stake in Boston Dynamics, while Tokyo-based SoftBank retains the remaining 20% through one of…


RobotLAB and SoftBank Robotics America Partner to Offer Pepper, NAO, and Whiz in North America

Found in News and Content

RobotLAB Inc. and SoftBank Robotics America last week announced that SoftBank' Pepper and NAO humanoid robots are now available in North America exclusively through RobotLAB. The partnership also expands Pepper's educational and industrial focus areas to a broader range of applications, and it marks RobotLAB's debut as a integrator for SoftBank's Whiz cleaning robots. The companies said their collaboration builds…


Canon Solutions America Adds SoftBank Robotics’ Whiz to Workplace Health Portfolio

Found in News and Content

…a new strategic collaboration with SoftBank Robotics America. The alliance will focus on commercializing robotics and integrated automation as part of Canon Solutions America’s larger Workplace Health Solutions portfolio, starting with the Whiz cleaning robot. “Our alliance with Canon Solutions America speaks to the speed and scale of demand for robotics under the reinvention of what it means to share…


SoftBank Robotics

Found in Companies

Founded in 2012, SoftBank Robotics Group said it is driving technology forward by becoming a worldwide leader in robotics solutions. The company is constantly exploring and commercializing robots to help make people’s lives easier, safer, more connected, and more extraordinary. The unit of SoftBank Group Corp. has offices in Tokyo, Paris, London, San Francisco, Boston, Shanghai, Beijing, Shenzhen, Hong Kong,…


Danish 3PL Automation Deployment Marks 600th for AutoStore

Found in News and Content

…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…


Formlabs Closes $150M Series E to Grow 3D Printing Tech, Doubles Valuation to $2B

Found in News and Content

…million Series E led by SoftBank Vision Fund 2, doubling its valuation to $2 billion. The Somerville, Mass.-based company said it will use the funds to continue to grow its portfolio of 3D printing technologies and grow its team across its offices in Germany, Japan, China, Singapore, Hungary, and North Carolina. “The industry is undergoing a renaissance, and Formlabs is…


Bright Machines to Raise $435M in SPAC Merger Toward Industrial Automation IPO

Found in News and Content

…Management Limited (a subsidiary of SoftBank Group Corp and manager to SB Northstar LP), Fidelity Management & Research Company LLC, and Alyeska Investment Group, have committed to invest $205 million in the form of a private investment in public equity (PIPE) at a price of $10 per share of SCVX, immediately prior to the closing of the transaction. XN, SCVX’s…


Chinese Mobile Robot Startup Youibot Raises $15.5M, Led by SoftBank Ventures Asia

Found in News and Content

…Korea, Singapore, Spain, and Germany. SoftBank leads round SoftBank Ventures Asia led the latest investment round in Youibot. Founded in 2000, SoftBank Ventures Asia is the global early-stage venture arm of SoftBank Group. The firm invests in technology, media, and telecommunications (TMT), including artificial intelligence, semiconductors, software, and consumer brands. SoftBank Ventures Asia has invested in more than 250 companies…


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