Search Results:

Search results for . 6918 matches.

DeepRoute.ai Closes $300M Series B Funding, Plans to Scale Urban Logistics and Fleet Operation

Found in

DeepRoute.ai Ltd. today said it has closed it Series B funding round, with investment totaling more than $300 million (U.S.). The company is developing self-driving technology for robotic taxicabs and medium-duty trucks. It said the funding will further research and development, help scale automaker collaboration and fleet operation, and support the expansion of its team. “We appreciate our forward-looking investors…


Ambi Robotics Raises $26M Series A Funding Led by Tiger Global

Found in

As a record number of warehouse workers is needed to support e-commerce growth, global brands are seeking assistive automation to increase throughput and safety for warehouse associates. Ambi Robotics today said it has closed its $26 million Series A funding round. The Emeryville, Calif.-based company has developed simulation-to-reality artificial intelligence for highly dexterous robots. “Ambi Robotics combines cutting-edge AI technology…


Locus Robotics Obtains $50M More Funding for Further Global Expansion

Found in

Mobile robot providers are continuing to scale up to meet supply chain and e-commerce demand. Locus Robotics Corp. today announced that it has secured an additional $50 million in investment from Tiger Global Management LLC. Wilmington, Mass.-based Locus said it will use the funding to facilitate continued expansion into new markets worldwide, as well as to meet the needs of…


Ambi Robotics

Found in

Ambi Robotics


Locus Robotics secures $50 million more funding

Found in

Locus Robotics, a provider of autonomous mobile robots (AMR) for fulfillment warehouses today announced that it has secured $50 million in additional funding from existing investor Tiger Global Management to facilitate continued growth and expansion into new markets around the globe, and more effectively meet the needs of its growing customer and partner ecosystem. “At a time of increasing volumes…


Smart Technics to Integrate Scallog Mobile Robots in Newpharma Warehouse

Found in

Scallog SAS last week announced that it is automating a new distribution center operated by Newpharma near the port of Liege, Belgium. Smart Technics Ventures, the innovation unit of Colruyt Group, will oversee the deployment of Scallog's goods-to-person system at Newpharma's new distribution center. Colruyt Group holds a minority stake in Scallog. “Scallog is already active in this sector in…


Tower Semiconductor Says New Lidar Technology Can Make Autonomous Vehicles More Responsive

Found in

Tower Semiconductor Ltd. today said it has made a breakthrough in lidar integrated circuit technology for advanced driver-assistance systems and ultimately self-driving cars. “We are proud to collaborate on this innovative and fundamental breakthrough lidar technology, which is a step towards making safe autonomous vehicles and robots a reality,” said Dr. Ed Preisler, director of radio frequency and high-power amplifier…


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

Found in

Agile Robot Technology Co. last week said it had completed a $220 million Series 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…


Plus Starts Development With Teledyne FLIR to Test Thermal Cameras for Autonomous Trucks

Found in

Plus last week announced that it will collaborate Teledyne FLIR LLC to explore the addition of thermal cameras to the sensor stack used with Plus’s Level 4 autonomous driving technology. “We are excited to be working with the team at Plus as they explore the integration of thermal cameras into their current sensor suite, creating even safer autonomous commercial vehicles,”…


Robots Deliver in the Last Mile, Giving Retailers and Patrons More Options

Found in

Last-mile logistics can be a costly but important component of the extended supply chain. Goods must move from restaurants, fulfillment centers, retail stores, and other points of origin before traveling to customers or users. They most go through a complex series of transitions to successfully reach their final destinations. These items are not just parcels—they could be perishables such as…


X-Bots Robotics to Expand Pilot STEM Program to Help Toddlers With Mobility Issues

Found in

In remembrance of the 20th anniversary of the tragic terror attacks on American soil, X-Bots Robotics Inc., an award-winning, community-based high school robotics team operating under FIRST Robotics Competition (FRC), said it will launch a pilot expansion of its X-Bots Robotics Mobility Program across six sites in California on Saturday, Sept. 11, through its partnership with PPG Foundation and Boys…


Automating the ‘Last Mile’ in Factories with Dexterous AI-Powered Robots

Found in

Contrary to popular belief, manufacturing and other industries are still very labor intensive. In fact, there are about 345 million people on the factory floor today, but only less than 2 million industrial robots. In this 21st century, humans still handle about 72% of manufacturing tasks (so-called “last mile” in factories). We are far from Industry 4.0 and smart factories.…


3D Systems Acquires Oqton to Make Additive Manufacturing More Accessible

Found in

3D Systems Inc. yesterday announced that it has agreed to acquire Oqton, the creator of the Manufacturing Operating System, for $180 million. The MOS platform is designed for flexible production environments that increasingly use a range of advanced manufacturing and automation technologies, including additive manufacturing. “We are excited about joining with 3D Systems and look forward to leveraging their knowledge,…


Decathlon to Deploy PAL Robotics’ StockBot Across Stores Worldwide

Found in

Decathlon SA and PAL Robotics yesterday announced that they have launched a global partnership. The sporting goods retailer had already rolled out PAL Robotics’ StockBot inventory tracking and data collection system across its stores in multiple countries. StockBot has improved in-store operations and efficiencies, freeing teammates to dedicate more time to improving the customer experience and product availability rates, said…


AWS Discusses How Robotics Startups Can Accelerate Innovation

Found in

Helping startups succeed, from inception to initial public offering, has been an integral part of Amazon Web Services (AWS) since our beginning. Today, more startups build on AWS than any other cloud provider, and many of our customers started using AWS at an early stage to help scale their business and drive innovation. For example, Lunar Outpost, a pioneer in…


Editors' Picks