The United States Army and the Defense Innovation Unit (DIU) awarded Kodiak Robotics with a 24-month, $49.9 million contract in October.
Ekso Bionics buys Parker Hannifin’s exoskeleton business for $10M
The deal includes the planned development of robotic-assisted orthotic and prosthetic devices, the companies said.
Nidec to acquire Italian tool maker PAMA
Nidec, the Japanese electric motor maker, announced that it acquired PAMA, an Italian machine tool manufacturer.
MicroVision acquiring LiDAR maker Ibeo
Ibeo recently filed for insolvency because it could not secure further growth financing.
Gecko Robotics awarded $1.5M Air Force contract
The U.S. Air Force Nuclear Weapons Center has awarded Gecko Robotics with an 18-month, $1.5 million contract through the SBIR program.
Titan Medical to begin strategic review, may explore sale
Titan Medical announced today that it plans to review and evaluate strategic alternatives to unlock shareholder value.
Verdant Robotics cultivates $46.5M in Series A funding
Verdant Robotics’ Series A raised $46.5 million. The money will speed up the company’s robotic farm manufacturing and market launch.
Locus Robotics raises $117M for autonomous mobile robots
Locus Robotics has now raised $422 million since it was founded in 2014.
Bionaut Labs raises $43M for drug delivery robots
Through magnetic propulsion, the company’s Bionauts can navigate the human body and deliver drugs locally.
Attabotics brings in $71.7M in Series C funding
Attabotics announced that it brought in $71.7 million in Series C-1 funding. The latest round brings its total funding to $165.1 million.
Soft Robotics picks up $26M
Soft Robotics brought in $26 million in the first closing of its Series C funding round to expand commercial deployment of its mGripAI.
ISEE’s yard automation solution brings in $40M
ISEE, the Cambridge, Mass.-based developer of self-driving yard truck solutions, announced that it raised $40 million in Series B funding.
Denmark launches Odense Robotics StartUp Fund
The funding will be invested directly into at least 30 startups over the next six years.
Pickle Robot’s unloading robots bring in $26M
Pickle Robot Company announced that it closed a $26 million Series A funding round and it has live pilot implementations in the LA area.
LiDAR maker AEye brings in $768K, loses $23M in Q3
AEye brought in $768,000 in revenue in the third quarter of 2022 and reported a GAAP loss of $23.6 million.
Titan Medical seeks share consolidation to retain public listing
Surgical robotics company described share consolidation as the last option to regain compliance with Nasdaq’s $1 per share minimum bid price requirement and retain its listing.
MOV.AI brings in $8.2M for its AMR platform
MOV.AI, which offers a robotics platform to develop AMRs and AGVs, brought in $8.2 million in funding.
LiDAR companies Ouster, Velodyne to merge
Ouster and Velodyne predict the combined company will save at least $75 million in operating costs within the first 9 months of the transaction’s close.
Galen Robotics brings in $15 million in oversubscribed round
Galen Robotics is a surgical robotics company looking to erase the large capital expenditures end-users face when considering surgical robotics.
AMP Robotics’ recycling robots bring in $91M
AMP Robotics, a company creating robots that can organize recycling, brought in $91 million in corporate equity in a Series C funding round.
Bright Machines brings in $132M for its Microfactories
Bright Machines raised $132 million in debt and Series B equity funding, bringing the company’s total funding to $330 million.
Fortna, MHS Global will now be known as FORTNA
The April 2022 merger of MHS Global and Fortna resulted in a single company that will now be known as FORTNA.