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Einride AB, which has been developing electric and autonomous trucks, announced today that it has raised $110 million in Series B funding. The Stockholom, Sweden-based company said it will use its latest financing to scale up deployments with its customer base in Europe and the U.S. “We are proud to be backed by some of the world's most notable investors…
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The COVID-19 pandemic slowed the global economy over the past year, but robot orders in the first quarter of 2021 were 19.6% higher than in the same period last year, announced the Association for Advancing Automation today. The Ann Arbor, Mich.-based organization said that North American companies purchased 9,098 units valued at $466 million in Q1, with non-automotive companies purchasing…
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DreamVu
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Harmonic Bionics Inc., which is developing robotics technology for augmenting upper-body movement, today said it has secured $7 million in Series A funding. The Austin, Texas-based company said it plans to use the investment to continue its clinical research and ramp up product development as it brings its rehabilitation technology to market. “We have confirmation from many in the field…
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One of the biggest challenges facing the growing robotics industry is connecting talent with the right opportunities. On Wednesday, May 19, 2021, from 4:00 to 6:00 p.m. (Eastern), MassRobotics and MassTLC are hosting a virtual career fair for those interested in careers in robotics and artificial intelligence. The U.S. Bureau of Labor Statistics estimates that there are currently 132,500 robotics…
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AeroVironment Inc., which makes robotic systems for military and public-safety applications, yesterday said it has completed its acquisition of Telerob GmbH for €37.5 million ($45.4 million U.S.). Telerob makes unmanned ground vehicles and other mobile systems. The German government approved the acquisition, which includes the payoff of about €7.8 million ($9.4 million) in Telerob’s debt. “Our acquisition of Telerob marks…
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Rockwell Automation
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IAM Robotics announced today that it is welcoming Lance VandenBrook as the company’s new CEO. VandenBrook, who has been serving as an advisor to IAM Robotics, joins the team with years of experience in robotics and logistics. Building on recent accomplishments, IAM Robotics states the company will hone its strategic direction and grow as a company under VandenBrook’s leadership. VandenBrook…
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JASCI LLC, which provides warehouse management software as a service, today announced that it has acquired NextShift Robotics, which makes autonomous mobile robots. Lowell, Mass.-based NextShift will operate as JASCI Robotics and said it will focus on warehousing and logistics. A purchase price was not disclosed. Scarcity of warehouse labor and the massive growth of e-commerce are driving interest in…
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Software rather than hardware is increasingly becoming the differentiator in robotics applications. Symbio Robotics Inc. yesterday said that it has worked with Ford Motor Co. to deploy an AI-controlled robot at the automaker's Livonia Transmission Plant. The robot is programmed and managed with the SymbioDCS robot-agnostic platform to assemble transmissions for the Bronco Sport, Escape, and Edge vehicles, among others.…
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Precision.AI Inc., which is working on computer vision and robotics for sustainable agriculture, today said it has closed $20 million in equity and grant funding. The Regina, Saskatchewan-based company said it will use the financing to continue developing a precision farming platform that deploys swarms of drones to reduce the use of herbicides in row crop agriculture. “Farms of the…
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The Kroger Co. and Drone Express today said they are collaborating on a pilot project to offer grocery delivery via autonomous drones in Centerville, Ohio. The partners plan to launch a second pilot at a Ralphs store in California this coming summer. “Kroger's new drone delivery pilot is part of the evolution of our rapidly growing and innovative e-commerce business…
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Path Robotics Inc., which has developed a robotic welding system, said today that it has raised $56 million in Series B funding. The Columbus, Ohio-based company said it plans to use the financing to help it address a shortage of skilled welders in the U.S. The number of people entering the welding workforce in U.S. continues to fall, while the…
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Investment activity in robotics and related technologies continued to be strong in April 2021, with more than $37.5 billion in recorded transactions. Even setting aside the two largest deals, which focused on artificial intelligence for voice interaction and autonomous vehicles, $7 billion is still significant. Robotics 24/7 tracked more than 70 transactions last month, a slightly higher number than the…
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After successfully completing its fourth historic flight on Friday, April 30, the National Aeronautics and Space Administration has more plans for the Ingenuity robotic helicopter on Mars. The flight had been delayed because of a software problem, but it then successfully climbed to an altitude of 5 meters (16 feet) and flew about 133 m (436 ft.) and back toward…
Ultrasonic sensing enhances robotics perception
Cybernetix Ventures’ event kicks off Robotics Tech Week 2026 slate of events
Preview the manufacturing and warehouse components that will be on the…
Preview the manufacturing and warehouse robots and software that will be on…
