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AI, sensor developer Forcen closes CA$8.35 million funding round

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Toronto, Canada-based robotics sensor and edge AI provider Forcen recently announced it closed a $8.35 million Canadian dollars - or approximately $6.12 million United States dollars - funding round. The round was co-led by Brightspark Ventures and BDC Capital’s Deep Tech Venture Fund with participation by Garage Capital and MaRS IAF, and returning investors including EmergingVC. Forcen said it will…


Orchestrating mobile robot fleets for success

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Orchestrating mobile robot fleets for success


Robotics-as-a-service solution provider Formic raises additional $27 million

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Formic, a provider of Robots-as-a-Service (RaaS) automation for U.S. manufacturers, today announced it has raised another $27.4 million in Series A financing led by Blackhorn Ventures with participation from Mitsubishi HC Capital America, NEC, Translink Capital, Alumni Ventures, FJ Labs, Lux Capital, Initialized Capital and Lorimer Ventures. This new funding brings the total Series A round to more than $52…


COVAL launches CMS M series multi-stage mini vacuum pumps

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French vacuum handling system components manufacturer COVAL SAS recently announced the latest addition to its range of multi-stage vacuum pumps, the CMS M series. COVAL said its CMS M series has been designed and developed with two guiding objectives: compactness and performance. It has been designed for industrial applications which require high suction flow rates. CMS M multi-stage mini vacuum…


Elysium Robotics develops human-muscle-like actuators

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Elysium Robotics recently announced it has developed artificial muscles for high-dexterity applications such as humanoid robots and prosthetics. Mark Hammond, Elysium co-founder, said the company’s actuators can be used to produce a low-cost hand with human performance. A 27 degree-of-freedom hand can be built for under $1,000 using the company’s technology. Elysium has created a soft robotic dielectric elastomer actuator…


Applied EV to integrate new CISSOID control module into autonomous EV motors

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Software-defined autonomous vehicle control system technology provider Applied EV recently selected CISSOID's new CXT-ICM3SA series of silicon carbide (SiC) inverter control modules (ICMs) to drive their latest generation of autonomous vehicle electric motors. Semiconductor manufacturer CISSOID said it is dedicated to serving the electric mobility (e-mobility) market. The company’s software-powered SiC ICMs are augmented with onboard programmable hardware, which can…


Vecna Robotics closes $100 million series C, appoints new COO

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Flexible material handling automation systems provider Vecna Robotics recently announced the close of its Series C round at $100 million, with $40 million in new funding including equity and debt, which nearly doubles the company valuation from the previous round. Tiger Global Management, Proficio Capital Partners, and IMPULSE participated in the investment round. Vecna said the cash infusion will be…


Zion Solutions Group partners with Locus Robotics

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Zion Solutions Group announced today a strategic partnership with Locus Robotics aimed at enhancing warehouse operations leverging robotics. The collaboration leverages the Locus Global Alliance Network, a consortium of solution providers dedicated to propelling productivity and transforming supply chains with innovative robotics, service, and software solutions, Zion Solutions Group noted. “Embarking on this partnership with Locus Robotics is a leap…


AutoStore opens new U.S. headquarters in New Hampshire

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Global modular warehouse storage automation company AutoStore recently relocated its United States headquarters to an expanded facility in Salem, N.H. The company said its U.S. headquarters relocation will bring over 100 jobs to the greater Boston region and will support the company’s continued growth and investment in the North American automated storage and retrieval systems (AS/RS) market. At over 40,000…


PIT’s xBridge innovation center helps Ottonomy evaluate use cases

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Airports are home to a variety of industries and businesses. Airside operations function alongside cargo and baggage ground handling logistics. Customer-facing terminals house security checkpoints and retail outlets. Runways, taxiways, ramps, and large grass fields make up most of the land area, while restaurants and stores inside terminals are compressed into expensive real estate. “When I think of an airport,…


Flexibility, scalability at the ‘Hub’ of Locus Robotics’ offerings

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“When Locus Robotics started, getting 10 robots to work together on the floor - work well together - was a big, big challenge. Now, we have customers running nearly 1,000 robots over a million square feet.” Neil Bentley, senior director of product management at Locus Robotics, succinctly described the history of the Wilmington, Mass. company. Locus recently surpassed the 3…


Robust.AI raises the bar with Grace fleet management software, Carter robot

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Founded in 2019, California-based Robust.AI knew the bar was set high for its initial software and hardware rollout. Three years later, when its Grace software suite and Carter collaborative autonomous mobile robot (AMR) debuted, Robust set out to differentiate itself from the marketplace. Who knew it would all come back to the bar? “Designed with humans in mind” Kavitha Velusamy…


GXO heralds partnership with Apptronik on an AI-enabled humanoid robot

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Earlier today, Greenwich, Conn.-based global contract logistics services provider GXO Logistics stated it is in the process of conducting an early-stage proof-of-concept program with Apptronik, an Austin, Texas-based robot manufacturer, on an AI-enabled humanoid robot. Company officials said that this collaboration marks another milestone for GXO, in what the company described as its strategy to advance humanoid innovation by partnering…


Maxim AI announces general availability, $3 million funding round

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Maxim AI, which is developing an enterprise-grade evaluation and observability platform for AI application development, recently announced a $3 million funding round led by Elevation Capital. The round also saw participation from marquee angel investors including founders of Postman, Chargebee, Groww, Razorpay, Media.net, among others. With the infusion of capital, Maxim announced the General Availability (GA) launch of their platform,…


Ottonomy

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Ottonomy


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