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Sarcos Robotics CEO Discusses SPAC Merger, Bringing Guardian XO Exoskeleton to Market
April 23, 2021
Sarcos Robotics, which obtained $496 million in capital through a special-purpose acquisition company, is on track to commercialize its Guardian XO industrial exoskeleton.
Meituan Raises $10B to Develop Robotic and Drone Delivery
April 21, 2021
Meituan has raised $10 billion, which the Chinese e-commerce provider said it will invest in developing autonomous delivery vehicles and drone services.
Walmart Joins $750M Investment in Autonomous Vehicle Firm Cruise
April 15, 2021
Cruise, which has been developing autonomous vehicles with General Motors, has raised its valuation to $30 billion.
Gaussian Robotics Raises $100M Series B for Cleaning Robots Using SLAM
April 14, 2021
Gaussian Robotics, which completed Series B financing, claims to be the first company to apply SLAM technology in its cleaning robots in 30 countries.
Chinese Service Robotics Startup CloudMinds Raises $150M in Series B Funding
April 9, 2021
CloudMinds, whose IPO was blocked because of the U.S.-China trade conflict, has raised money to continue development of humanoid service robots.
Rapid Robotics Raises $12M Series A for Rapid Machine Operator
April 7, 2021
The Rapid Machine Operator is available for $25,000 per year and is designed to be easy for manufacturers to deploy, says Rapid Robotics.
EDDA Technology Raises $150M to Develop Robotics for Precision Surgery
April 7, 2021
Edda Technology has developed 3D medical imaging systems that hundreds of hospitals use for pre-surgical planning and simulation, intra-operative navigation, and post-operative evaluation.
SoftBank Spends $2.8B to Acquire 40% of Automated Storage Provider AutoStore
April 6, 2021
AutoStore, which makes automated storage and retrieval systems, plans to use the investment from SoftBank to accelerate its expansion in the Asia-Pacific market.
Top 10 Robotics and Automation Transactions in Q1 2021
April 5, 2021
From autonomous trucks and aerial drones to mobile robots, companies across robotics and automation obtained funding in the first quarter.
HAI Robotics Secures $15M Series B+ Funding to Scale Autonomous Case-Handling Robot
March 30, 2021
HAI Robotics, which makes the HAIPICK autonomous case-handling robotic system, has obtained funding to continue its global expansion.
VELO3D to Merge With SPAC as Metal Additive Manufacturing Firm Goes Public
March 23, 2021
VELO3D, a provider of additive manufacturing technology for metal parts to customers including SpaceX and Honeywell, is merging with a special purpose acquisition company and going public.
Flytrex Obtains $9.3M With Venture Financing and Innovation Grant for Drone Deliveries
March 21, 2021
Flytrex, an on-demand drone delivery provider for food and retail, has announced the closing of financing to expand its U.S. presence and scale up production and R&D capabilities.
Locus Robotics Announces $150M Series E Funding Round
February 18, 2021
Locus Robotics, a leader in autonomous mobile robots (AMR) for fulfillment warehouses, this week announced $150 million in Series E funding, led by Tiger Global Management and BOND. The round builds...
Quicktron Completes C+ Funding Led by KION Group and Prosperity7 Ventures
January 11, 2021
Mobile robot vendor Quicktron announces completion of C+ funding round
