Topic: Funding

News

Skydio Raises $230M as It Provides Drones for Critical Infrastructure, Defense Needs

February 28, 2023 · Skydio, which has developed drones for the defense and enterprise markets, has reached $2.2 billion valuation as it expands manufacturing in the U.S.

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Ukraine-based Deus Robotics Raises $1.5M in Seed Funding to Continue Developing Warehouse Robotics

February 23, 2023 · Deus Robotics, which makes robots used for sorting and moving shelves, recently raised $1.5 million in seed funding from SMRK VC.

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Machina Labs Announces Investment from Yamaha Motor Ventures

February 21, 2023 · Yamaha has invested an undisclosed amount to Machina Labs to help it build out its autonomous systems used in industrial settings.

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Fuzzy Studio Industrial Robot Programming and Simulation Software Now Available Online

February 17, 2023 · Fuzzy Studio, which is designed to enable non-robotics experts to simulate, program, and control industrial automation, is now available on Fuzzy Logic's website to aid reshoring efforts.

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Third Wave Automation Receives Strategic Investment From Qualcomm Ventures, Zebra Technologies

February 16, 2023 · Third Wave Automation, which has combined AI, fleet management, and autonomy in its TWA Reach truck, has raised a total of $70 million and will exhibit and present at ProMat 2023.

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Terex Invests in and Partners With Apptronik for New Robotics Applications

February 9, 2023 · Terex, which makes materials processing machinery, has made an equity investment in Apptronik, which is developing general-purpose humanoid robots to act in dynamic environments.

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MassRobotics Panel Talks Government and Nonprofit Funding Opportunities in Canada and U.S.

February 7, 2023 · MassRobotics hosted a panel last week that included the Advanced Robotics for Manufacturing Institute, the Massachusetts Center for Advanced Manufacturing, and Next Generation Manufacturing Canada.

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Phantom AI Secures $36.5M Series C to Bolster ADAS Development

February 2, 2023 · Phantom AI, an autonomous driving startup, has secured an addtional round of funding, bringing its total amount raised to $80.2 million.

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Lockheed Martin Ventures Gives $21.8M to Machina Labs to Bolster Its Automated Sheet Metal Manufacturing Platform

January 27, 2023 · Lockheed Martin is investing in the company as part of its strategy to streamline and increase production time of its defense products.

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Scythe Robotics Reaps $42M Series B to Deliver Autonomous Lawn Mower to Landscapers

January 26, 2023 · 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.

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KEWAZO CEO Explains Value Proposition of Construction Robotics Startup

January 24, 2023 · 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.

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Cepton Closes $100M in Funding After Showing New Lidar Sensors at CES 2023

January 23, 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.

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Bionomous Closes Series A Funding for EggSorter Life Science Automation

January 20, 2023 · Bionomous, which has developed the EggSorter device for inspecting, sorting, and dispensing small biological entities, plans to use the funding to continue global commercialization.

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Outrider Raises $73M Series C to Accelerate Adoption of Autonomous Yard Trucks

January 19, 2023 · Outrider has received funding from the venture capital arms of NVIDIA and other investors to scale up its fleet to more customer sites.

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Robotics Factory Calls for Startups to Apply for Pittsburgh Accelerator

January 18, 2023 · Robotics Factory, which includes programs for creating, accelerating, and scaling startups in southwestern Pennsylvania, will be accepting applications for funding.

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Photoneo Brightpick Group Raises $19M to Complete $40M Series B for E-Commerce, Grocery Fulfillment

January 18, 2023 · 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.

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IFR Report ‘World Robotics R &D Programs’ Looks at How Asia, Europe, and the U.S. Invest

January 12, 2023 · The IFR, or International Federation of Robotics, released its latest report on government funding of research and development as countries compete for economic growth.

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Oxbotica Raises $140M Series C to Deploy Universal Autonomy Operating System Worldwide

January 11, 2023 · Oxbotica, which has developed the Universal Autonomy software for self-driving vehicles, has raised money to continue growing its worldwide partnerships and customer base.

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Shadow Ventures Discusses New Report on Technology in the Construction Industry

December 15, 2022 · Shadow Ventures noted challenges such as declining productivity and undercapitalization, but it found 125 technology companies that could help the building industry.

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Einride Keeps on Trucking Autonomously With $500M Investment

December 8, 2022 · 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.

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