$230M in funding to expand U.S. manufacturing and hiring as demand rises for autonomous drones across public safety, defense, and infrastructure inspection.
Skydio 1st U.S. drone maker to reach unicorn status
Skydio, a Calif.-based drone developer, has become the robotics industry’s newest unicorn after closing a $170 million Series D funding round. This brings Skydio’s total funding to date to more than $340 million. Skydio is the first U.S. drone maker to be valued at more than $1 billion. Skydio’s drones are best known for their…
Skydio raises Series C funding for enterprise, public sector, consumer drones
Skydio has raised $100 million in Series C funding as the U.S. drone maker expands its offerings to enterprise and government markets. The company also named new executives.
Robotics investments reach $620M in February 2023
Companies offering unmanned aerial drones, usually coupled with drone-enabled data and analytics services, were particularly strong in February 2023.
LEGO discontinues Mindstorms product line
LEGO Mindstorms, the STEM robotics kit that inspired millions of kids, is being retired from production and replaced by the LEGO Spike solution.
FAA begins testing drone traffic management capabilities
The UTM Field Test aims at improving standards, data exchange methods and cybersecurity capabilities in the drone community.
Editor’s Picks: 9 favorite robots from CES 2022
Our editorial team perused CES virtually this year and still found no shortage of new robots and technologies to cover.
Red Cat Holdings acquiring Teal Drones
Salt Lake City-based Teal Drones, founded in 2014, makes aerial drones and related technologies for commercial and government applications.
Exyn drones achieve Level 4 autonomy
Exyn drones are now capable of free-flight exploration of highly complex spaces like mines with no necessity for fallback-ready human operators. This capability opens up new markets including search and rescue operations.
Soft actuator enables smaller, more agile drone design
New soft actuator can flap nearly 500 times per second, giving drones insect-like resilience.
FAA Drone Advisory Committee selects new members
About one week after issuing two rules that could finally open up the commercial drone industry, the Federal Aviation Administration (FAA) has appointed new members to its Drone Advisory Committee (DAC). The committee gives the FAA advice on key drone integration issues by helping to identify challenges and prioritize improvements. The new mmbers are executives…
Agility Robotics raises $20M for Digit humanoid
RBR50 company Agility Robotics, a leading developer of bipedal robots, has raised $20 million in Series A funding. The funding will help the Albany, Ore.-based company to scale its operation and production of the Digit humanoid, which started shipping to customers in July 2020. The Series A was co-led by DCVC and Playground Global and…
Robotics investments recap: July 2020
In July 2020, autonomous vehicles, industrial automation, and surgical robots continued to receive funding at steady levels in comparison with the same period last year.
Qualcomm Robotics RB5 Platform puts 5G, AI in developers’ hands
The Qualcomm Robotics RB5 Platform helps developers tap into 5G and AI to create high-compute, power-efficient robots for a variety of industries.
MODEX roundup, Day 3: robots, research and sweepers
ATLANTA – There weren’t as many official news announcements on the third day of the MODEX show, but there were still enough items of note in the robotics space, as companies continued to meet with attendees offering new robot solutions in the warehousing and materials handling space. Yes, it is time for another MODEX roundup! […]
DroneDeploy raises $35M Series D to expand drone inspection capabilities
DroneDeploy has updated its software offerings, entered into international partnerships, and raised funding for drone inspections.
NVIDIA Jetson AGX Xavier Module delivers 32 TeraOPS for robots
NVIDIA announced at its Jetson Developer Meetup the Jetson AGX Xavier Module for autonomous machines, delivering up to 32 TeraOPs (TOPS) of accelerated computing capability. The NVIDIA Jetson AGX Xavier Module, which the company calls an AI computer, is now available for $1,099 (based on 1,000 unit volume). NVIDIA introduced the Jetson AGX Xavier developer…
Exyn Technologies enabling advanced autonomous navigation
One of the biggest challenges in robotics is developing autonomous systems that can reliably operate in unmapped environments. This is why, for example, leading self-driving car company Waymo only tests in areas it’s spent countless hours at creating detailed 3D maps. Exyn Technologies, a spin-off of the University of Pennsylvania’s GRASP lab founded by Vijay Kumar, is making tremendous…
2016 best year ever for funding robotics startup companies
It was a busy and abundant year for seed, crowd, series A,B,C,D and VC funding of robotics-related startups. 128 companies got funded, some multiple times. $1.95 billion, 50% more than 2015 which was also a phenomenal year with over $1.32 billion funded. UPDATED 1/30/17: Added $100 million in China-based RooBo, $50 million for Israeli Roboteam, $9.5 million for Matternet, $2…
Funding and acquisition spree continues
2015 was a phenomenal year for funding and acquiring robotic companies. Over $1.32 billion in seed, crowd, series A,B,C,D and VC fundings and more than $2.27 billion in acquisitions. And they’ve begun again in 2016. UPDATED 5/2/2016: Adds Skydio and Drone Racing League fundings. January Fundings: Woobo, a stealthy startup in Boston, received $800k from…
January fundings are off to a great start!
Rethink Robotics, Xenix, Rapyuta, Perceptron, Skydio, Sarcos and JIBO have all announced substantial fundings for a wide range of robotic ventures. Plus there are some new funders joining the fray. Andreessen Horowitz lead a $3M financing of Skydio, a Silicon Valley startup developing collision avoidance AI systems for drones. Texas-based XENIX, the germ zapping mobile…