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Automation Is a Recession Hedge, Say Speakers at ffVC Drones & Robotics Summit
October 16, 2022
Automation, including robots, drones, and autonomous vehicles, can not only provide efficiency but also resilience, said speakers at ff Venture Capital's event.
Genesis Electronics Plans to Pursue Business Agreements With Autonomous Technology Makers
June 2, 2022
Looking to join the autonomy wave, Genesis Electronics Corp. has announced a plan that will help it make deals with companies developing next-generation hardware and software.
Cowen and MassRobotics Report on the Increasing Role of Robotics in Achieving Climate Goals
May 26, 2022
Cowan, an investment and analyst firm, and the MassRobotics cluster have surveyed manufacturers and end users to learn how robotics is part of their sustainability strategies.
Robotics and AI Wave Likely to Continue, Says Investment Expert
May 13, 2022
From self-driving cars to humanoid robots, numerous technologies are vying for investment, but see which ones solve business problems, says Indxx Managing Partner Rahul Sen Sharma.
MassRobotics Marks Another Year of Growth, Successful Partnerships
December 10, 2021
At an annual event, MassRobotics noted the many ways in which public-private partnerships have helped Massachusetts robotics innovators and entrepreneurs in the past year.
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.