Financial

The funding was led by Tiger Global, and included participation from previous investors like Threshold Ventures, Riot VC and Toyota Ventures.

The terms of the deal were not disclosed. According to WeRide, the companies plan to build a fleet of tens of thousands of robotaxis.

The Robot Report tracked 39 robotics investments that totaled at least $1.14 billion in funding in October. There was one merger and acquisition for an undisclosed amount.

ForwardX plans to use the new capital to accelerate its research and development timeline, increase its deployment capabilities in key markets.

City of Industry, Calif.-based Whiplash provides scalable e-commerce and omnichannel fulfillment solutions to more than 250 brands.

Apex.OS can be used in a variety of applications, including autonomous cars, semi-trucks and construction equipment.

The transaction will deliver up to $725 million of primary gross proceeds for Symbotic. The deal values Symbotic at $4.8 billion.

Loosening drone regulations in India could have led to Dehlivery acquiring the developer of unmanned aerial systems.

Maryland-based Robotic Research has spent the better part of two decades developing autonomous driving technology for the Department of Defense.

The funding round was led by IPM Group, with additional support from AI Capital, EarlyBird, Venture to Future Fund and Credo Ventures.

The funding came from a range of investors, including Uber Technologies, Wavemaker Labs, DX Ventures and 7-Eleven’s corporate venture arm, 7-Ventures.

Knightscope will be offering $40 million of Class A common stock at $10 per share. Knightscope plans to use the proceeds from the IPO to continue to scale its fleet of security robots and to invest in new technologies.

OrthoSpin’s robot-assisted external fixation system for orthopedic treatments is a platform used in DePuy Synthes’ Maxframe.

The funding will support regulatory and clinical programs leading to the commercialization of the MIRA, as well as for research and development efforts.

Based in Tel Aviv, Israel, Flytrex has operated its drone delivery service since 2017 in Reykjavik, Iceland. In 2020, it began deliveries in Fayetteville, North Carolina.

AutoStore’s Q3 revenue is up 95% from Q3 last year. So far this year, it’s brought in $234.4 million in revenue.

This is the first round of funding for the Swiss AMR navigation startup.

SVT Robotics brought in $25 million in Series A funding to bolster its SOFTBOT program.

iRobot CEO Colin Angle said air purification could be a $150 million in annual revenue product category for iRobot within the next several years.

Monarch is the first all-electric, autonomous compact tractor to come to market, targeted at small-medium sized farms.

Midnight Robotics creates retrofit kits that turn any tractor into an autonomous tractor.

Gaussian Robotics raised $188 million in Series C funding from Softbank Group’s Vision Fund, Capital Today and other investors to expand its overseas operations.