PickoBot uses computer vision and machine learning to enable the safe and intelligent packaging of items for multiple industries.
SiLC Technologies gets investment from Honda for FMCW lidar on chip
SiLC Technologies says its FMCW lidar is superior to time-of-flight sensors for the various types of mobility that Honda produces.
Seegrid secures funding, prepares to launch new autonomous lift truck
Seegrid plans to use its $50M Series D to fuel robotics innovation and expansion, including its CR1 high-reach lift truck later this year.
Robotics investments top $1.3B in July
The two largest robotics investments in July 2024 were secured by software firms.
Swiss-Mile raises $22M for wheeled quadruped
Swiss-Mile said its quadrupeds can walk, drive, and stand upright on two legs and manipulate packages with wheeled end effectors.
Wayve announces strategic partnership with and investment from Uber
Wayve says it’s developing mapless Level 4 autonomous vehicles for future deployment on Uber’s global network.
MassRobotics resident startups have raised over $1B in seven years
MassRobotics resident startups have used its shared space, development resources, and mentoring and networking programs to grow.
Caresyntax brings in $180M for its vendor-neutral precision platform
Caresyntax says its platform combines software, analytics, data science, and clinical services into a variety of tech and service modules.
Neptune Medical raises $97M for surgical robotics, spins out Jupiter Endovascular
Neptune Medical said the financing strengthens its position as a gastrointestinal-focused company expanding into robotics.
Top 10 robotics stories of July 2024
Humanoids continued to grab our readers’ attention in July 2024, with four of our top 10 stories centering on the topic.
Code Metal secures seed funding for LLM agents on the edge
Code Metal has obtained $16.5M from J2 Ventures and Shield Capital to accelerate AI development for edge devices such as robots and drones.
LIG Nex1 takes controlling shares of Ghost Robotics for $240M
LIG Nex1 said the acquisition will foster robotics innovations such as the Q-UGV quadruped for both industrial and defense markets.
Autonomous vehicles fuel $2.7B funding boom in June 2024
Nearly 80% of the funding raised by robotics companies in June 2024 came from five autonomous driving developers.
Clarapath brings in $36M to modernize pathology labs with robotics
Clarapath plans to use the funding to commercialize SectionStar and consolidate and standardize more laboratory processes.
Robot maker Comau spins out from Stellantis to private equity firm
Comau and One Equity Partners said they expect the transaction to close by the end of 2024 as the industrial automation vendor branches out from automotive.
Monarch Tractor sets agricultural robotics milestone with $133M Series C
Monarch Tractor has raised funding to improve U.S. agricultural sustainability and productivity, starting with its autonomous tractors.
Saronic raises $175M in Series B funding for autonomous surface vessels
Saronic has attained a valuation of $1 billion as it develops robotic vessels to extend the reach of U.S. naval and allied fleets.
Standard Bots raises $63M to bring cobot arms to market
Standard Bots says it will use the funding to expand its engineering team and accelerate the development of its robots in new sizes.
Jacobi Robotics raises $5M for motion planning software
Jacobi Robotics also released its Palletizer software, the first in a series of solutions targeting specific applications.
Granta Autonomy takes off from stealth with seed funding for drone recon
Granta Autonomy has raised $1.08 million to accelerate development and production of its lightweight drones and gimbals for defense uses.
Skild AI grabs $300M to build foundation model for robotics
Skild AI will use the funding to build its model and training datasets for commercial deployment. It’s also hiring across AI, robotics, engineering, operations, and security.
Glidance raises $1.5M to develop robots for visually impaired
Oversubscribed round will help launch the Alpha and BETA tests in late summer and early fall across Canada, the US, Europe, and the UK.