Topic: Funding

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Gideon Brothers Raises $31M to Expand Vision-Based Autonomous Mobile Robots

June 9, 2021 · Gideon Brothers, which has developed AI and vision-guided mobile robots, plans to accelerate commercialization of its supply chain automation and open offices in Munich and Boston.

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Hesai Raises Series D of $300M to Scale Hybrid Lidar Production

June 8, 2021 · Hesai, which has self-driving vehicle and robotics customers in 23 countries, plans to use its latest funding to continue R&D into processors and lidar perception.

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Top 10 Robotics Transactions of May 2021

June 5, 2021 · Robotics transactions in May 2021 slowed from the previous month, but companies supplying autonomous trucks, software and sensors, and systems for new applications raised millions of dollars.

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Toyota AI Ventures Rebrands as Toyota Ventures, to Invest $300M More in Emerging Tech

June 4, 2021 · Toyota AI Ventures, which has invested in robotics, AI, and other emerging technologies, will add carbon neutrality to its portfolio under the Toyota Ventures Climate Fund.

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Realtime Robotics Raises $31.4M Series A for Autonomous Motion Control

June 3, 2021 · Realtime Robotics, which has developed processing and motion control to ease programming and enable safe robot and vehicle operations, plans to perfect its collaborative system.

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ZongMu Raises $190M Series D for Autonomous Driving and Parking

June 2, 2021 · ZongMu Technology, which supplies advanced driver-assist systems and autonomous parking capabilities to Chinese automakers, is valued at $11 billion.

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DiDi Autonomous Driving to Raise $300M, Bringing Valuation to $1.1B

June 1, 2021 · DiDi Autonomous Driving, a spinoff of ride-hailing firm DiDi Chuxing, has been partnering on the development of electric, autonomous vehicles and been conducting testing in China.

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MegaRobo Raises $30M Series B for Light Robotics, IoT

May 29, 2021 · Robert Bosch Venture Capital and Sinovation participated in MegaRobo's financing, which will enable it to apply its motion-control technology to lab automation, retail, and light manufacturing.

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SiLC Technologies Plans to Advance 3D Sensing With $17M Series A Funding

May 24, 2021 · SiLC Technologies, which has been developing a 4D+ Vision Chip, said its technology will offer best-in-class performance in range, resolution, and accuracy for lidar sensors.

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Formlabs Closes $150M Series E to Grow 3D Printing Tech, Doubles Valuation to $2B

May 20, 2021 · Formlabs said it plans to use its Series E funding, led by SoftBank Vision Fund 2, to expand its portfolio of 3D printing technologies and hire more employees.

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PuduTech Raises $78M in Series C Funding for Service Robots

May 19, 2021 · PuduTech, which makes several mobile robots for restaurants, hospitals, disinfection, and supply chain applications, has raised more than $100 million in the past year.

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Mech-Mind Robotics Raises Series C Funding for AI Plus Industrial Automation

May 19, 2021 · Mech-Mind Robotics, which provides computer vision systems for industrial applications, said it has raised $100 million to date. The startup plans to expand its offerings.

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Innovusion Raises $64M Series B for Automotive Lidar

May 11, 2021 · Innovusion, which has offices in California and Singapore, has raised funding to continue lidar reesarch and development as it supplies autonomous vehicle makers such as NIO.

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Oculii Offers AI-Powered 4D Radar for Autonomous Vehicle Guidance, Raises $55M Series B Funding

May 8, 2021 · Oculii, which has developed AI software for radar perception, has raised Series B funding as it launches two products intended to help autonomous systems navigate.

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ViaBot Launches Maintenance Robots as a Service With $6.1M in Funding

May 7, 2021 · ViaBot, whose RUNO robots are already providing autonomous sweeping and security services for Cushman & Wakefield, publicly launched and announced funding.

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Chinese Mobile Robot Startup Youibot Raises $15.5M, Led by SoftBank Ventures Asia

May 7, 2021 · Youibot, whose "end-to-end" set of mobile robots and software offerings serve the manufacturing, power, and logistics industries, plans to continue global growth.

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Einride Raises $110M Series B Toward the Autonomous Freight of the Future

May 6, 2021 · Einride said its electric, autonomous Pods are safer, more environmentally sustainable, and more cost-efficient than conventional trucks. The company plans to expand its deployments in Europe and the U.S.

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Harmonic Bionics Raises $7M Series A for Upper-Extremity Exoskeleton

May 5, 2021 · Harmonic Bionics, whose Harmony SHR wearable device is designed for rehabilitating people with upper-extremity impairments, has raised money to commercialize the exoskeleton.

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Precision AI Raises $20M for Drone-Based Computer Vision for Sustainable Agriculture

May 4, 2021 · Precision.AI Inc. provides fully autonomous spraying and crop-protection systems for farms of all sizes and equipment manufacturers.

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Autonomous Welding Vendor Path Robotics Raises $56M in Series B Funding

May 3, 2021 · To address a growing shortage of skilled labor, Path Robotics has raised money for its offering, which it said is the first turnkey system to automate welding.

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