Hy-Tek Intralogistics announced that it has acquired Winchester Industrial Controls for an undisclosed amount.

The National Institute on Aging, part of the National Institute of Health, awarded Hello Robot with an approximately $2.5 million grant. 

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.

Volvo said the acquisition is a strategic step towards owning more of its software that will power key functionalities in future cars.

We covered nearly fifty mergers and acquisitions in 2022 worth billions of dollars. These eight stood out from the rest.

There are more than 70,800 wind turbines in the U.S., which generated about 9% of the country’s electricity in 2021.

Running a successful robotics company is never easy. Unfortunately, these companies found out it’s even harder during a pandemic and supply chain crisis.

SafeAI announced that it brought in $38 million in Series B funding. The company offers retrofit kits for construction and mining vehicles. 

Guardforce AI announces a definitive agreement to acquire certain parts of Kewei’s robot business-related assets in China.

Fruitcore Robotics brought in 23 million euros, over $24 million, in Series B funding.

Quanergy went public just 10 months ago via a SPAC with China’s CITIC Capital, at an implied $1.4 billion equity value.

Brian Gerkey said “greater institutional support from Intrinsic and the resources from this transaction allow our team to focus on what we do best and accelerate development of ROS, Gazebo, and Open-RMF in a sustainable way.”

Robco, a Munich-based startup that builds modular robots to automate small to medium industrial businesses, brought in around $13.8 million.

The funding includes debt financing and equity contributions to help Einride continue to scale its technology.

The United States Army and the Defense Innovation Unit (DIU) awarded Kodiak Robotics with a 24-month, $49.9 million contract in October.

The deal includes the planned development of robotic-assisted orthotic and prosthetic devices, the companies said.

Nidec, the Japanese electric motor maker, announced that it acquired PAMA, an Italian machine tool manufacturer.

Ibeo recently filed for insolvency because it could not secure further growth financing.

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 announced today that it plans to review and evaluate strategic alternatives to unlock shareholder value.

Verdant Robotics’ Series A raised $46.5 million. The money will speed up the company’s robotic farm manufacturing and market launch.

Locus Robotics has now raised $422 million since it was founded in 2014.