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Construction Robotics Startup Toggle Raises $8M in Series A Funding
June 29, 2021
Toggle, which has developed software and hardware to automate the fabrication and assembly of rebar in reinforced concrete, plans to open a new 50,000-sq.-ft. production facility.
Soft Robotics Raises $10M to Help Meet Pandemic-Induced Demand for Food Automation
June 29, 2021
Soft Robotics, which makes the mGrip modular compliant gripper and the SoftAI software for tasks such as food handling, plans to continue expanding its commercial operations.
CMR Raises $600M in Series D Funding for Versius Surgical Robots
June 28, 2021
CMR Surgical, which has developed the Versius robotic system for minimally invasive procedures, is valued at $3 billion and plans to continue its global commercialization.
Xpeng Announces Hong Kong IPO, Could Raise $2B for Electric, Autonomous Vehicles
June 28, 2021
Xpeng, which has been developing electric, self-parking, and autonomous vehicles, is already trading on the New York Stock Exchange and could be valued at up to $32 billion.
Indxx Japan Robotics & AI Index Licensed by Global X Japan for an ETF
June 25, 2021
Japanese robotics and AI companies are getting a dedicated exchange-traded fund, the Indxx Japan Robotics & AI Index. Its managing partner explains where the country is investing.
WeRide Closes $310M Series C Round for Robotic Taxis, Buses
June 23, 2021
WeRide, whose Master Platform powers its robotaxis and Mini Robobus vehicles, has received funding from Nissan and others, bringing its valuation to $3 billion.
Miso Robotics, Lancer Worldwide Partner on Automated Beverage Dispenser for Quick-Service Restaurants
June 22, 2021
Miso Robotics and global manufacturer Lander Worldwide are developing an automated beverage dispenser to help commercial kitchens save time and money fulfilling orders.
MachineMetrics Raises $20M Series B Funding for Autonomous Manufacturing
June 16, 2021
Teradyne led the round for MachineMetrics, which said it applies Industrial IoT to machine monitoring to help manufacturers create the factory of the future with autonomous systems.
Stratom to Develop Autonomous Pallet Loader for U.S. Marine Corps
June 14, 2021
Stratom has received an SBIR contract to develop an Autonomous Pallet Loader that can move 10,000-lb. pallets on and off aircraft. Robotics 24/7 spoke with Stratom's CEO about the vehicle.
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.
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.
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.
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.
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.
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.
