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.
Asensus Surgical will file bankruptcy if Karl Storz merger fails
If shareholders do not approve the merger, Asensus said it will incur “significant near-term financial obligations.”
READY Robotics, maker of ForgeOS, shuts down
Founded in 2016, READY Robotics was best known for its ForgeOS robot-agnostic operating system, but it recently branched out into automation consulting and palletizing.
Symbotic acquires Veo Robotics for $8.7M
Veo Robotics developed FreeMove, a safeguarding technology for industrial robots that promotes human-robot collaboration.
Soft Robotics exits gripper business, launches AI-focused company
Soft Robotics divested its robotic gripper business to Schmalz for an undisclosed amount. A new spinoff, Oxipital AI, will focus on 3D vision and AI for inspection and robotic picking.
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.
Asensus Surgical denies lack of disclosures in planned Karl Storz merger
Asensus Surgical denied any legal wrongdoing in statements around its planned merger and offered further information.
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.
Here’s what it could cost to hire a Digit humanoid
Agility Robotics CEO Peggy Johnson details the business model for Digit and when the next generation of the humanoid will be released.
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.
Robotics Invest discusses application and funding opportunities for the industry
Robotics Invest 2024 provided an opportunity for investors and innovators to communicate expectations and look ahead.