On the podcast, we talk about the potential impact of the implosion of Silicon Valley Bank. Also this week: an interview with Rylan Hamilton, CEO and co-founder of 6 River Systems.
Plus One Robotics raises $50M Series C funding round
Plus One Robotics announced that it has raised $50M in Series C funding, bringing its total funding to date to almost $100M.
Robotics investments reach $521M in January
Investment in companies working on autonomous driving technologies was particularly strong.
Skydio flying high with $230M series E funding round
$230M in funding to expand U.S. manufacturing and hiring as demand rises for autonomous drones across public safety, defense, and infrastructure inspection.
Fulfil Solutions emerges from stealth with $60M in funding
Fulfil Solutions announced that it is emerging from stealth mode with $60 million in Series B financing for its grocery fulfillment system.
CaPow Raises $7.5 Million Seed Round
CaPow’s autonomous, battery-free, high-power energy eco-system frees robots from harmful Lithium-Ion batteries. Without robot downtime for charging, the company’s method reduces CapEx, OpEx, and carbon footprint.
Third Wave Automation gets strategic investment from Zebra Technologies, Qualcomm
The latest investment brings Third Wave Automation’s total funding since it was founded in 2018 to $70 million.
Phantom AI brings in $36.5M
Phantom AI, based in Mountain View, California, aims to quickly democratize autonomous driving by advancing ADAS technologies.
What slowdown? – December 2022 robotics investments reach $1.14B
December 2022’s 55 robotics investments totaled US $1.14B, a 7.7% increase over December 2021’s funding total.
Machina Labs receives investment from Lockheed Martin
Machina Labs plans to use the funding to accelerate company growth to meet customer demands, and expand research and development.
Scythe Robotics raises $42M to scale autonomous lawnmowers
Scythe Robotics said the funding will help it meet demand for the more than 7,500 reservations for its all-electric, fully autonomous M.52 mower.
Cepton raises $100M for LiDAR sensors
Silicon Valley-based Cepton offers a range of LiDAR sensors, including the Vista-X family of automotive-grade LiDARs and Sora-X family of industrial-grade LiDARs.
Outrider brings in $73M for autonomous yard system
Outrider, a developer of autonomous yard operations for logistics hubs, announced that it raised $73 million in Series C financing.
Brightpick brings in $19M for US expansion
Brightpick plans to use the latest round of funding to further expand into the US.
Oxbotica brings in $140M for AV software
Oxbotica aims to use the investment to drive expansion into new geographical markets and more quickly deploy its autonomy software.
Microsoft to invest more than $10M in Gatik
Microsoft plans to invest $10 million into the autonomous trucking startup as part of a funding round that would value Gatik at more than $700 million.
Aerones raises $38.9M for robots to clean wind turbines
There are more than 70,800 wind turbines in the U.S., which generated about 9% of the country’s electricity in 2021.
SafeAI brings in $38M for construction retrofit kits
SafeAI announced that it brought in $38 million in Series B funding. The company offers retrofit kits for construction and mining vehicles.
Guardforce AI signs definitive agreement to acquire Shenzhen Kewei’s robot business
Guardforce AI announces a definitive agreement to acquire certain parts of Kewei’s robot business-related assets in China.
Fruitcore Robotics brings in over $24M
Fruitcore Robotics brought in 23 million euros, over $24 million, in Series B funding.
Robco brings in $13.8M for its modular robotic arms
Robco, a Munich-based startup that builds modular robots to automate small to medium industrial businesses, brought in around $13.8 million.
Einride raises $500M for autonomous trucks
The funding includes debt financing and equity contributions to help Einride continue to scale its technology.