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Topic: Funding


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Lockheed Martin Ventures Gives $21.8M to Machina Labs to Bolster Its Automated Sheet Metal Manufacturing Platform
Lockheed Martin is investing in the company as part of its strategy to streamline and increase production time of its defense products.

Scythe Robotics Reaps $42M Series B to Deliver Autonomous Lawn Mower to Landscapers
Scythe Robotics said it will use its latest funding partly to scale up and deliver on 7,500 customer preorders for its M.52 autonomous lawn mower.

KEWAZO CEO Explains Value Proposition of Construction Robotics Startup
KEWAZO raised funding for scaffolding robots and analytics despite economic headwinds by aiming for a high utilization rate and delivering useful data, said CEO Artem Kuchukov.

Cepton Closes $100M in Funding After Showing New Lidar Sensors at CES 2023
Ception, whose compact Nova and Vista-X120 Plus lidar sensors have won awards, has closed on funding from automotive supplier partner and investor Koito Manufacturing.

Bionomous Closes Series A Funding for EggSorter Life Science Automation
Bionomous, which has developed the EggSorter device for inspecting, sorting, and dispensing small biological entities, plans to use the funding to continue global commercialization.

Outrider Raises $73M Series C to Accelerate Adoption of Autonomous Yard Trucks
Outrider has received funding from the venture capital arms of NVIDIA and other investors to scale up its fleet to more customer sites.

Robotics Factory Calls for Startups to Apply for Pittsburgh Accelerator
Robotics Factory, which includes programs for creating, accelerating, and scaling startups in southwestern Pennsylvania, will be accepting applications for funding.

Photoneo Brightpick Group Raises $19M to Complete $40M Series B for E-Commerce, Grocery Fulfillment
Photoneo Brightpick said its Series B funding will mainly help it with new installations of its Brightpick unit's fulfillment automation across the U.S.

IFR Report ‘World Robotics R&D Programs’ Looks at How Asia, Europe, and the U.S. Invest
The IFR, or International Federation of Robotics, released its latest report on government funding of research and development as countries compete for economic growth.

Oxbotica Raises $140M Series C to Deploy Universal Autonomy Operating System Worldwide
Oxbotica, which has developed the Universal Autonomy software for self-driving vehicles, has raised money to continue growing its worldwide partnerships and customer base.

Shadow Ventures Discusses New Report on Technology in the Construction Industry
Shadow Ventures noted challenges such as declining productivity and undercapitalization, but it found 125 technology companies that could help the building industry.

Einride Keeps on Trucking Autonomously With $500M Investment
Einride has raised $200 million in Series C equity and $300 million in a debt facility to continue developing and deploying its ecosystem of autonomous freight mobility.

HoloMatic Raises $100M in Series C to Bolster Autonomous Vehicle Development
HoloMatic said the money will help it expand its research and development efforts and help it mass produce its technology.

Gecko Robotics to Help U.S. Air Force Modernize ICBM Facilities
Gecko Robotics has been awarded an SBIR contract to integrate concrete evaluation technology into its crawling robots to aid the rapid modernization of the nuclear triad.

BeeHero Secures $42M in Series B for Robotic BeeHive System Deployment
BeeHero said the recent funding will help it conduct research for its "Sustainable Agriculture Ecosystem."



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