Instead of selling or leasing its painting robots, PaintJet provides a comprehensive service inclusive of its robots and proprietary paint.
PrecisionHawk was once a promising drone company. Now it’s shutting down with $17 million in debt and $3.8 million in assets.
We covered 25 mergers and acquisitions in 2023 worth billions of dollars. These 8 stood out from the rest.
GreyOrange has raised $135 million to continue helping retailers and warehouses automate and orchestrate fulfillment.
Skyline Robotics, which won a 2023 RBR50 Robotics Innovation Award, has raised more funding for its Ozmo window-cleaning robot.
The company expects the new capital to drive key initiatives, such as R&D, regulatory milestones and commercialization.
The funding will help Verve scale its SafeLift soft exoskeleton, which was originally developed at Harvard University.
New funding is part of German Bionic’s plan to intensify its relationship with its industrialization partner, Mubea, a German automotive supplier.
Electric Sheep Robotics has now acquired four landscaping businesses in recent months.
Rightbot said its robot can address a longstanding challenge for the logistics sector: the unloading of trucks, trailers, and containers.
Mujin, which has raised a total of $178 million, plans to make its MujinController more accessible to developers.
Founders should be aware the era of exiting a business based on little more than “promising technology” is over — you must eventually build a real business.
LIG Nex1 and a partner have offered to acquire 60% of industrial and defense supplier Ghost Robotics, which is valued at $400 million.
Instock, a developer of customer fulfillment robots, has brought in $3.2 million in an expanded seed funding round.
Gecko Robotics, which provides climbing robots and AI to inspect critical infrastructure, has obtained funding and added board members with defense expertise.
Surgical robotics pioneer Intuitive Surgical launched Intuitive Ventures three years ago to lower the barriers to healthcare.
Robotics funding for the month of October 2023 equaled approximately $980 million, the result of 68 rounds. The October investments bring the 2023 robotics funding totals to $11.7 billion.
The EU informed Amazon that its preliminary view is that the acquisition may restrict competition in the market for robot vacuum cleaners.
Planning early for 2024 robotics investments can help align with business goals and prove project feasibility, says HowToRobot’s CEO.
Symbotic’s revenue increased 98% to $1.18 billion in 2023 thanks to deals with Albertson’s, Target and Walmart.
This round brings SiLC Technologies’ total funding to date to $56 million from its seed and Series A rounds.
Sarcos decides to pivot from physical robots to AI software solutions and announced major restructuring.