Topic: Funding

News

Vimaan Robotics Comes to Market With End-to-End Inventory System, Amazon Support

May 9, 2022 · Vimaan Robotics emerged from stealth in January 2022 and in April got backing from the Amazon Industrial Innovation Fund. Its CEO explains its inventory value proposition and plans for growth.

News

Southie Autonomy Picks Up $2.5M in Seed Funding, Plus $5M in Robot Lease Financing

May 9, 2022 · Southie Autonomy, a resident startup at MassRobotics, has obtained seed funding, as well as financing for its robotics-as-a-service offering, which promises "no-code" robot operations.

News

RGo Robotics Exits Stealth With $20M in Funding for Mobile Robot Perception

May 9, 2022 · RGo Robotics claimed that applications are "nearly endless" for its Perception Engine, which runs on low-cost, low-power hardware, from mobile robots in logistics to delivery and service robots.

News

Apex.AI Receives Strategic Investment From Daimler Truck for ApexOS Autonomy Technology

May 6, 2022 · Apex.AI said Daimler Truck's strategic investment will help it continue developing its ApexOS safety-certified software suite for autonomous trucks, other vehicles, and mobile robots.

News

Fictiv Raises Series E Funding to Accelerate Digital Manufacturing Adoption

May 5, 2022 · Fictiv, which has raised $100 million, said its digital manufacturing ecosystem can rapidly deliver pricing, design feedback, and manufacturing and business services to speed time to market.

News

Pittsburgh Robotics Network, Silicon Valley Robotics, and MassRobotics Announce Alliance at Cascadia Connect

May 4, 2022 · The three biggest robotics clusters in the U.S. said at a Pittsburgh investor conference that they will share resources and better connect robotics companies with one another.

News

Cybernetix Ventures Launches $50M Fund for Robotics, Automation, and AI Startups

May 4, 2022 · Cybernetix Ventures was created by MassRobotics co-founder Fady Saad and sensor industry executive Mark Martin and already has $25 million committed. It said it is the first of its kind.

News

Solinftec Collects $60M to Grow Agricultural AI, Robotics in the Americas

May 3, 2022 · Solinftec said it will apply its growth investment to expand its digital farm operations platform into new markets, as Lightsmith Group invests in "climate resilience solutions companies."

News

SLAMcore Raises Series A for Low Cost Spatial Understanding for Robots, the Metaverse

May 3, 2022 · SLAMcore, which has developed AI to make vision-based localization and mapping more affordable for robotics developers, has raised $16 million. It already has more than 100 users, including Meta.

News

Relay Robotics Acquires Savioke, Raises $10M for Service Robot Expansion

May 2, 2022 · Relay Robotics, formed with Series A funding from MK Capital, will continue Savioke's R&D and Relay mobile robot product line. It has also named Michael O'Donnell as chairman and CEO.

News

VisionNav Raises Series C+ Funding for Driverless Industrial Vehicles

April 29, 2022 · VisionNav said it plans to use its latest funding for R&D, optimizing its autonomous lift trucks' performance, and conducting large-scale deployments for global customers.

News

Agility Robotics Raises Series B to Put Digit Robots Alongside Humans in Warehouses

April 22, 2022 · Agility Robotics, which has developed the Digit humanoid robot for warehouses, has raised $150 million from investors including Amazon to grow its staff and scale production.

News

Amazon Industrial Innovation Fund Invests in BionicHIVE, Other Supply Chain Robotics Startups

April 21, 2022 · The Amazon Industrial Innovation Fund has invested in five supply chain technology startups, including BionicHIVE, Agility Robotics, Mantis Robotics, Modjoul, and Vimaan.

News

Rapyuta Robotics Obtains Series C Funding for Collaborative Mobile Picking Robots

April 21, 2022 · Rapyuta Robotics, which claims to be the leader in cloud-based, collaborative mobile robots for picking in Japan, has raised a total of $81 million to date as it expands.

News

Haomo Raises Series A+ Funding in Attempt to Pull Ahead in Chinese Self-Driving Race

April 14, 2022 · Haomo.AI, which has raised millions from investors including the Bank of China, plans to spend its latest funding on hiring and R&D for Level 2 to 4 autonomous vehicles.

News

Terradepth Raises Series A Funding Toward Ocean Mapping as a Service

April 13, 2022 · Terradepth will use the funding to further develop its Absolute Ocean cloud-based platform for sharing undersea data for energy, scientific, and utility use.

News

Diligent Robotics Raises Over $30M in Series B to Deploy Mobile Manipulator in Hospitals

April 11, 2022 · Diligent Robotics has raised more than $30 million in Series B funding. It said it will use the funds to “optimize supply chain and design teams for faster robot deployment.”

News

Knightscope Announces $100M Stock Purchase

April 5, 2022 · Knightscope has entered a common stock purchase agreement with B. Riley Principal Capital.

News

Overwatch Imaging Raises $11M in Series A to Scale Its AI-Enabled Airborne Imaging Systems

April 5, 2022 · Overwatch Imaging, which provides precision imaging systems and onboard AI software for drones, said it plans to use its Series A funding to expand worldwide.

News

Rovco and Vaarst Receive Series B Funding for Marine Technologies for Renewable Energy

April 1, 2022 · Rovco and Vaarst have received about $20 million from Legal & General Capital and Equinor to continue developing computer vision and undersea robotics for clean energy.

Editors' Picks