AMP Robotics will use its latest funding to deploy AMP ONE system, which is designed to improve sortation of municipal solid waste.
Teleo raises $16.2M to scale supervised autonomy for heavy equipment
Teleo’s autonomy retrofit kit transforms various types of heavy equipment, including bulldozers, wheel loaders, and excavators, into semi-autonomous robots.
Red Cat wins U.S. Army next-gen drone contract over Skydio
While Skydio lost out on its U.S. Army contract to Red Cat, it did bring in $170 million in funding this week.
Pickle Robot gets orders for over 30 unloading systems plus $50M in funding
Pickle Robot plans to deploy more trailer-unloading robots and to use its latest funding to expand into new locations.
ANELLO Photonics secures funding for inertial navigation in GPS-denied environments
ANELLO Photonics, which has developed compact navigation and positioning for autonomous systems, has closed its Series B round.
ZAP Surgical Systems obtains $78M to commercialize gyroscopic radiosurgery platform
ZAP Surgical aims to enable healthcare providers to deliver high-quality treatment without high costs and infrastructural burdens.
Vecna Robotics raises funding, names industry veteran Karl Iagnemma CEO
Vecna Robotics has named autonomous vehicle executive Karl Iagnemma as its new CEO shortly after the release of its CaseFlow product.
Schaeffler plans global use of Agility Robotics’ Digit humanoid
Schaeffler, a global motion technology leader, said it sees ‘the potential to deploy a significant number of humanoids in our global network of 100 plants by 2030.’
Brightpick brings in $12M to deploy more mobile picking robots in the U.S.
Brightpick plans to use the funding to further expand its U.S. operations, which will make up 50% of the company’s 2024 revenue.
DeepRoute.ai closes $100M Series C1 led by Great Wall Motor
DeepRoute.ai announced strategic funding led by Chinese automaker Great Wall Motor to develop a full self-driving stack.
Arbe Robotics to bring in up to $49M in IPO for perception radar systems
Arbe Robotics expects to bring in around $15 million in gross proceeds from the IPO, before deducting various offering expenses.
CynLr raises Series A funding to realize robot vision for ‘universal factory’
CynLr, which is developing technology to enable robots to manipulate unknown objects, will grow its team and expand its supply chain network.
From surge to sobriety: the state of robotics investment in 2024
After a sharp pullback in 2022 and 2023, the first eight months of 2024 have seen an increase in investment over all of last year, according to F-Prime Capital.
Physical Intelligence raises $400M for foundation models for robotics
Physical Intelligence is among the companies working to apply foundation models to training general-purpose robots.
Robotics investments top $3.7B in September
September 2024 robotics funding totaled $3.7 billion, the highest monthly funding amount for 2024.
Third Wave Automation picks up Series C funding for robotic forklifts
Toyota’s Growth Fund, Woven Capital, has invested in Third Wave Automation to deliver shared autonomy to warehouses.
Path Robotics raises $100M to automate welding
Founded in 2018 by brothers Andy and Alex Lonsberry, Path Robotics’ goal is to fill gaps in the manufacturing industry, starting with welding.
Agtonomy adds $10M to Series A round to scale West Coast team
Agtonomy said it will use the funding to further develop its autonomy software for agricultural equipment and to expand to new markets.
FarmDroid obtains over $11M to deploy its modular robot globally
With the funding, FarmDroid said it’s set to expand further globally, targeting both organic and conventional open-field farming.
Chinese AV developer WeRide brings in $458.5M from IPO, private placement
WeRide currently holds autonomous driving licenses in China, the UAE, Singapore, and the U.S., and it has operations in over 30 cities.
Waymo raises $5.6B to accelerate self-driving car growth
Waymo said it will continue scaling its robotaxis to more riders and to support a variety of business applications over time.
Nimble picks up $106M to scale general purpose fulfillment robot
Nimble aims to develop an intelligent general-purpose warehouse robot that is capable of performing all core fulfillment functions.