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Robotics Company Setbacks Belie Industry Strength, Say Experts
July 15, 2022
Robotics companies recently announced layoffs, but they reflect misaligned expectations, noted industry observers, who said they're still bullish on technologies that solve real problems.
Merlin Labs Raises $105M Series B to Help it Build Its Aerial Autonomous Technology
July 14, 2022
Investor interest is high in Merlin Labs' autonomous aviation vehicle technology as it works to allow airplanes to fly with minimal human involvement.
Corvus Robotics Raises Seed Funding to Scale Production of Inventory Drones as a Service
July 14, 2022
Corvus Robotics says its data and robotics-as-a-service offering can increase inventory accuracy from about 70% to more than 90%, with drones able to fly unattended and frequently.
May Mobility Closes $111M Series C Funding to Develop Toyota Autonomous Mobility Platforms
July 13, 2022
May Mobility has raised funding to continue deploying mobility as a service with autonomous vehicles with partners including Toyota, MONET Technologies, and SoftBank.
XPENG Robotics Completes $100 Million Series A to Develop Ridable Robots
July 12, 2022
XPENG is in the business of making rideable quadruped robots. With the recent funding, the company said it will be able to expand its research and development efforts.
SIP Global Partners Teams Up With NVIDIA on Investment Round for READY Robotics
June 16, 2022
READY Robotics' investment round came a week after NVIDIA announced that Omniverse Isaac Sim is now integrated into the Forge/OS software for controlling robots.
SoftBank Backed Symbotic Completes SPAC Merger, Ready to Scale AI Driven Warehouse Robots
June 13, 2022
Symbotic, which has developed AI and automation for supply chains, has completed its multi-million-dollar deal with SVF Investment Corp. 3 and gone public.
Vayyar Imaging Captures $108M in Series E Funding for 4D Radar on Chip
June 9, 2022
Vayyar Imaging, which provides 4D imaging radar, plans to enhance its machine learning capabilities, grow across verticals including robotics, and extend its global reach.
Labrador Systems to Receive Engelberger Foundation Grant for Advances in Assistive Robotics
June 8, 2022
Labrador Systems, which has developed the Retriever mobile robot to assist people in the home so they can age in place, will receive an Engelberger Foundation grant at Automate 2022.
10 Finalists Named in Cowen Startup Challenge; Winner to Be Named at Automate
May 25, 2022
The Cowen Startup Challenge: Automate to Perform has named this year's 10 finalists, which will present their innovative technologies and exhibit at the Automate show.
Sensible 4 Receives European Investment Bank Funding to Develop Sustainable Self-Driving Transport
May 23, 2022
Sensible 4, which has been developing a software stack to enable autonomous shuttles to operate in challenging weather conditions, has received funding toward commercializing its technology.
Ally Robotics Launches Crowdfunding Campaign for Affordable Robot Arms for Restaurants, Other Industries
May 20, 2022
Ally Robotics is raising up to $8.5 million in seed capital and said Miso Robotics plans to use its low-cost, no-code robot arms for its Flippy frying system.
GreyOrange Closes $110M in Funding for Global Growth of Automated Fulfillment
May 18, 2022
GreyOrange plans to use its latest capital to grow its engineering and customer-service staff, expanding global installations of its robots and software as a service.
Nordic Unmanned to Buy 55% of Shares in ‘Drone in a Box’ Provider DroneMatrix
May 16, 2022
Nordic Unmanned said its investment in DroneMatrix will strengthen their European market share, serve multiple verticals, and accelerate DroneMatrix's technology development.
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.
