Topic: Funding

News

Odense Investor Summit to Match Investors With Robotics Startups From Around the World

February 14, 2022 · The president of Teradyne, which owns Universal Robots and Mobile Industrial Robots, will deliver a keynote at the eighth Odense Investor Summit, which will match startups with venture capital firms.

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Micropsi Raises Series B to Scale Industrial Automation With Human Motion Trained Robots

February 10, 2022 · Micropsi Industries, which has developed the MIRAI system to train and control industrial robots more easily, plans to use its funding to scale operations in the U.S. and Europe.

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Kinova Raises $48M to Commercialize Robots for Medical, Manufacturing Markets

February 9, 2022 · Kinova has received venture capital from Graham Partners and funding from the Canadian government to commercialize cobots, increase its engineering staff, and develop new products.

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TTTech Auto to Fuel Safety Software for Automated Driving With $285M From Aptiv, Audi

February 4, 2022 · TTTech Auto, a joint venture between TTTech Group, Audi, Infineon, and Samsung, is develops the MotionWise modular safety platform for software-defined vehicles.

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LeddarTech Obtains Series D Funding and Debt Facility to Scale Sensor Fusion

February 3, 2022 · LeddarTech plans to use the $140 million investment to support growth and development efforts for its proprietary perception technologies for automotive manufacturers.

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6 Questions About Mobile Robots and Software With Vecna Robotics’ CEO

February 3, 2022 · Vecna Robotics CEO Craig Malloy discusses the company's recent $65 million investment and his focus on helping the company grow to meet demand for autonomous pallet handling.

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Abundant Robots Looks to Harvest Seed Capital via Crowdfunding for Apple Picking

February 2, 2022 · Abundant Robots launched an equity crowdfunding campaign on WAX, as Wavemaker Labs Asia acquired the intellectual property of Abundant Robotics, which shut down last summer.

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Cruise to Get $1.35B More From SoftBank to Commercialize Autonomous Vehicles

February 2, 2022 · Cruise, which marked a milestone in autonomous vehicle operations after a delay, will receive the second tranche of investment from the SoftBank Vision Fund.

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Miso Robotics Opens Series E Funding Round for Restaurant Automation

February 1, 2022 · Miso Robotics, which has developed three different robots for restaurants, has launched a $40 million Series E round after successfully raising $50 million in crowdfunding.

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Wandelbots Raises $84M Series C for Robot Teaching Software

January 31, 2022 · Wandelbots says it will use its latest funding to open its Robotics Software Platform to automation suppliers and third-party developers to make robots easier to train.

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JIDU, Baidu’s Smart Car Unit, to Apply $400M Series A Toward Mass Production

January 31, 2022 · JIDU, a Baidu unit developing intelligent mobility including autonomous driving and human-machine interaction, plans to rapidly develop and market its Robocar by 2023.

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Starship Technologies Agrees to European Investment Bank Funding for Delivery Robot R &D

January 29, 2022 · Starship Technologies, which already provides autonomous robot deliveries in Europe and the U.S., plans to use its latest financing to expand development in Estonia.

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Knightscope Closes $22M IPO as Robotic Security Company Starts Nasdaq Trading

January 27, 2022 · Knightscope, which offers four autonomous security robots and a security operations center, has closed its initial public offering and begun public stock trading.

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Distalmotion Raises $90M to Commercialize Dexter Surgical Robot

January 27, 2022 · Distalmotion, which has developed Dexter to combine the benefits of robotic surgery and the affordability of laparoscopy, plans to scale and apply for FDA approval.

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Wisk Aero Lands $450M From Boeing to Advance Autonomous Air Taxis

January 26, 2022 · Wisk Aero, which has received funding from Boeing and Kitty Hawk, said its sixth-generation self-flying, eVTOL passenger aircraft will be the first to get U.S. certification.

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Vecna Robotics Picks up $65M Series C for Materials Handling Automation

January 26, 2022 · Vecna Robotics, which provides mobile robots and orchestration software to address supply chain challenges, will use the funding to meet rapidly growing demand.

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SiteAware Raises $15M Series B for Digital Construction Verification Technology

January 26, 2022 · SiteAware plans to use its latest financing to make its AI platform, which uses data from drones and cameras to build digital twins, the standard for the U.S. construction industry.

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Electric Sheep Robotics Announces Series A Funding, Availability of Dexter Mowing Robot

January 25, 2022 · Electric Sheep Robotics has raised $21.5 million as it offers its Dexter autonomy system for making existing commercial lawnmowers autonomous in response to labor shortages.

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Parallel Systems Raises Series A Funding for Autonomous, Electric Rail Vehicles

January 24, 2022 · By making trains shorter and using its autonomous, electric railcars, freight transportation could be more efficient, environmentally sustainable, and faster, says Parallel Systems.

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Wandercraft Raises Series C Funding for Atalante Exoskeleton

January 23, 2022 · Wandercraft, which has developed the Atalante lower-body exoskeleton for rehabilitation and ultimately daily use, will apply its $45 million to continue commercialization.

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