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Top 10 Robotics Transactions of May 2021


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SPAC merger yields $435M for Bright Machines

Bright Machines Inc., which provides modular “microfactories” and “software-defined manufacturing,” announced in May 2021 that it will raise $435 million in a merger with special-purpose acquisition company (SPAC) SCVX. Such SPAC deals have been a trend lately, giving robotics startups a new source of capital. San Francisco-based Bright Machines said it hopes to revolutionize manufacturing and is also planning an IPO for later this year.

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1. 4D radar provider Oculii obtains Series B funding

2. Path Robotics raises $56M for autonomous welding

3. Innovusion to expand lidar R&D with Series B funding

4. Drone pioneer American Robotics picked up for $70.6M

5. PuduTech to use Series C funds to develop more service robot…

6. Mech-Mind builds funding to more than $100M for machine visi…

7. Einride to use Series B to expand autonomous freight

8. 3D printing firm Formlabs doubles valuation to $2B

9. SPAC merger yields $435M for Bright Machines

10. Plus enters SPAC merger to accelerate autonomous trucking



Robot Technologies

Mobile Robots

Scythe Robotics launches new generation of M.52 autonomous mower
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GXO Logistics announces large-scale robotics deployment in France
MODEX 2024: Slip Robotics wins Best New Innovation award for SlipBot ALR
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Collaborative Robots

Agility Robotics partners with systems integrator Zion Solutions
Automate 2024: Comau introduces piece picking vision system
Automate 2024: Doosan Robotics unveils max-powered “PRIME-SERIES” of collaborative robots
Automate 2024: Productive Robotics features new Blaze robotic laser welding system
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Autonomous Vehicles

RC Mowers adds split pattern plan and bilingual interface
Teleo deploys dump trucks equipped for supervised autonomy
Automate 2024: A3 announces first winners of Automate Innovation Awards as AMD, ECM and GrayMatter Robotics
Automate 2024: What to expect at the industrial automation show in Chicago
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3D Printing

Meltio announces German sales partnership with 3D Solution
OSD ManTech selects three ARM Institute consortium member projects for Organic Industrial Base Challenge
Meltio debuts new M600 wire-laser metal deposition system
Ricoh extends 3D-printing expertise to manufacturing with new university partnership
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