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Top 10 Robotics and Autonomous Vehicle Transactions of August 2021
September 8, 2021
In August 2021, the total number of deals and their dollar value fell from the previous month, but industrial automation, self-driving cars, and logistics still thrived.
Rapid Robotics Raises Series B Funding for Robotic Machine Operator
August 18, 2021
While the pandemic has exacerbated labor shortages in manufacturing, Rapid Robotics has raised funds for its robotic machine operator, which uses cobots and doesn't need programming.
Embark Trucks to Raise $614M, Go Public Through SPAC Merger
June 23, 2021
Embark Trucks, which provides autonomous software to U.S. trucking market, will be valued at $4.55 billion, and former Secretary of Transportation and Labor Elaine Chao is joining its board.
Amazon in Talks to Buy Stake in Autonomous Truck Startup Plus
June 22, 2021
Amazon reportedly has placed an order for 1,000 autonomous driving systems from self-driving truck technology startup Plus and is in talks to buy a stake of as much as 20%.
Robotics Veteran Thomas Visti Joins Owners of WeldingDroid
June 7, 2021
Thomas Visti, who has been owner and CEO of two of Denmark's most successful robotics companies, has recently turned his attention to being an entrepreneur. He has acquired 20% of WeldingDroid.
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.
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.
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.
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.
Dissecting the Startup Buzz Around Robotics in Distribution Centers
March 11, 2021
Investors place big bets on young startups offering tech like robotics for distribution centers. For investors, it’s attractive because of e-commerce growth and the efficiency gains that can be...
Signicast and DDM Partner for Additive Manufacturing
September 3, 2020
Companies are collaborating to offer ceramic 3D printing along with investment casting.
Nokia partners with ABI Research to survey manufacturing investment in 4G/LTE, 5G and Industry 4.0
May 6, 2020
Research indicates need in every industry to quantify the potential ROI of investing in private wireless -- as well as the cost of inaction.
Markforged Sets Up With Strategic Investment Agreement with In-Q-Tel
February 19, 2020
Partnership enables the U.S. government to leverage the Markforged industrial additive manufacturing platform for creating metal and continuous carbon fiber parts.
Investment Trends in 3D Printing Composites Report Identifies Emerging Technologies
October 1, 2019
Some technology advancements being unveiled in 3D printing are enabling new processes and materials for composite 3D printing.