Topic: Funding

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Machina Labs Exits Stealth With Series A Funding for Software-Defined Manufacturing

November 19, 2021 · Machina Labs says its robotic and AI metalworking capabilities go beyond current methods of shaping and finishing, so more complex parts can be made efficiently and cost-effectively.

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Monarch Tractor Secures Series B Funding to Produce, Deploy MK-V Driver Optional Tractor

November 19, 2021 · Monarch Tractor, which has been developing the MK-V fully electric, driver-optional tractor for specialty crops, plans to use its latest funding to expand its global operations.

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Flytrex Raises Series C Funding to Expand Rapid Drone Delivery Across the U.S.

November 19, 2021 · Flytrex, which has been testing rapid drone-delivery services in Iceland and North Carolina, has raised funding to scale up its operations and expand across the U.S.

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ABB Partners With Sevensense to Enable Mobile Robots to Work in Unstructured Environments

November 18, 2021 · ABB plans to integrate Sevensense's hardware and software for 3D SLAM navigation in dynamic environments with its new line of mobile robots from its ASTI Mobile Robotics acquisition.

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Kodiak Robotics Raises $125M Series B to Advance Self-Driving Trucks

November 10, 2021 · Kodiak Robotics, which has raised $165 million to date, plans to continue growing its staff and developing and offering self-driving, long-haul freight across the U.S.

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Gaussian Robotics Raises Series C Funding for Delivery, Cleaning Robots

November 10, 2021 · Shanghai-based Gaussian Robotics, which builds floor-cleaning and delivery service robots used in about 40 countries, has raised $188 million from investors including SoftBank.

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OMRON to Acquire 10% Stake in Cobot Maker Techman Robot

November 8, 2021 · OMRON and Techman said their growing partnership will provide industrial automation and collaborative robots to help factories increase productivity without compromising safety.

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ARM Institute Opens Fellowship Applications With the AIM Higher Consortium

November 6, 2021 · The U.S. Department of Defense, ARM Institute, and AIM Higher Consortium are seeking applications for a one-year, $60,000 fellowship for an innovator in robotics for U.S. manufacturing.

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Momenta Drives Off With $500M in Series C Funding for Autonomous Driving

November 4, 2021 · Momenta, which says its "flywheel" path will lead to rapid development and mass production of self-driving cars, has raised more than $1.2 billion total from investors and automakers.

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Nuro Raises $600M in Series D Funding for Self-Driving Delivery Vehicles

November 3, 2021 · Investors including Google, Kroger, SoftBank, and Woven Capital continue to support Nuro's efforts to commercialize and deploy its zero-occupant autonomous delivery vehicles.

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Miso Robotics Unveils Flippy 2 Frying Robot for Restaurants

November 2, 2021 · Miso Robotics, which has raised money through crowdfunding, has incorporated feedback from a pilot at White Castle into Flippy 2, the latest version of its food-frying robot.

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Autobrains Raises $101M Series C Funding for Autonomous Vehicle AI

November 1, 2021 · To achieve self-learning AI, Autobrains maps raw data to signatures, which are then analyzed for patterns to form concepts, leading to real-time perception of complex environments.

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Fabric Raises $200M in Series C Funding for Omnichannel Fulfillment

October 26, 2021 · Fabric, which has developed a proprietary technology stack for micro-fulfillment, called itself a "robocorn" and plans to expand operations across major U.S. metropolitan areas.

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10 Takeaways From A3’s Autonomous Mobile Robot and Logistics Conference

October 20, 2021 · From getting started with mobile robots and developing the workforce to mobile manipulation, and interoperability to developing your workforce, the event examined key logistics innovations.

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Saildrone Closes Series C Funding to Advance Ocean Data Systems

October 18, 2021 · Saildrone, which provides ocean data, mapping, and intelligence systems, has raised $100 million to grow its data-insight teams and go-to-market functions for science and defense markets.

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Reliable Robotics Raises $100M to Expand Remotely Piloted Commercial Cargo Flights

October 15, 2021 · Reliable Robotics, which has been working with the FAA and NASA to demonstrate safe remote operation of any aircraft, hopes to expand access to underused airports.

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Dexterity Obtains $140M in Series B Funding for Supply Chain Robotics

October 13, 2021 · Dexterity, which offers software as a service to enable robots to have human-like perception and manipulation for unstructured piles of goods, plans to deploy 1,000 robots with its funding.

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U.S. Navy Increases Contract Award for Sarcos Guardian DX Dexterous Mobile Robotic Avatar

October 12, 2021 · Following successful execution of the first phase of the Guardian DX contract, the U.S. Navy is paying to expand testing, evaluation, and demonstrations for Navy-specific tasks

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AI Chipmaker Hailo Raises $136M to Expand Edge AI Systems to Meet Global Demand

October 12, 2021 · Hailo says its Series C round is the largest in the edge AI chip space to date, demonstrating the exploding demand for AI processors for smart cities, smart retail, Industry 4.0, and more.

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Activ Surgical Secures $45M in Series B Funding to Apply Augmented Reality to Surgery

September 30, 2021 · By combining augmented reality, machine learning, and modular robotics, Activ Surgical is looking to reduce surgical errors and offer its products worldwide.

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