Virtual Incision announced that it added a $30 million extension to its previous $46 million Series C financing round.
Ascento launches nimble Guard robot with wheel-leg design
Robotics startup launches latest autonomous outdoor security patrolling robot, Ascento Guard, allowing companies to extend security at a reasonable cost.
driveblocks brings in over $2.36M for its Mapless Autonomy Platform
driveblocks plans to use the funding to further develop its core technology, the Mapless Autonomy Platform.
Waste Robotics brings in over $7M for robotic sorting system
Waste Robotics will use the investment to accelerate the commercial development of its autonomous sorting system for waste sorting centers.
Mujin brings in $85M to boost robotics controller
Mujin hopes to use the fresh capital to enhance the accessibility of its MujinController to integrators and end users.
Rockwell Automation acquiring AMR developer Clearpath Robotics
Rockwell Automation said AMRs “are the next frontier in industrial automation and transformation, and this acquisition will supercharge Rockwell’s lead in bringing the connected enterprise to life.”
Cobot arm maker Franka Emika files for insolvency
Franka Emika, the German-based developer of the Panda collaborative robot arm, has filed for insolvency due to “irreconcilable shareholder differences.”
A3: North American robot orders drop for 2nd quarter in a row
37% fewer robots were purchased in April through June of 2023 than during the same period of 2022, according to A3’s latest report.
July robotics investments approach $2B
Robotics investments for July 2023 reached $1.9 billion, coming from 48 funding rounds. As of the end of July, total 2023 funding comes to approximately $8 billion.
GITAI brings in $15M in expanded Series B round
This, along with the initial $30 million raised in the round, brings GITAI’s total Series B funding to $45 million.
Jungheinrich acquires all shares of mobile robot developer Magazino
Jungheinrich has had shares in Magazino since 2020, and in 2022 it increased its ownership to 21.7%, now its increasing its ownership again.
AeroVironment acquires Tomahawk Robotics for $120M
AeroVironment will acquire 100% of Tomahawk Robotics’ equity, and the purchase price will be paid in a mix of cash and stock.
Mendaera brings in $24M for medical platform
Mendaera recently completed the research for its robotic system and is now focused on completing deployment and obtaining FDA clearance.
Robotics part of mid-year success for IDS Imaging
IDS Imaging Development Systems, a leading industrial camera manufacturer, far exceeded industry expectations in the first half of 2023.
Nauticus Robotics brings in $1.1M, spends $8M in Q2 2023
During Q2, Nauticus Robotics signed big contracts with Shell and Petrobas, and continued its work with the US DIU.
sewts brings in $7.6M to automate the textile industry
sewts plans to use the Series A round to accelerate the rollout of its sewts.VELUM system textile handling system.
Sarcos brings in $1.3M, loses $28.7M during Q2 2023
Sarcos Technology and Robotics Corporation brought in $1.3 million in revenue and had a net loss of $28.7 million during the quarter.
Olis Robotics brings in $4.1M
Olis Robotics, which specializes in remote monitoring, control, and error recovery technology for robots, brought in $4.1M in funding.
Birdstop brings in $2.3M for inspection drones
Birdstop has raised $2.3 million in funding to expand its network of BVLOS drones across the country’s critical infrastructure.
Birdstop brings in $2.3M for inspection drones
Birdstop has raised $2.3 million in funding to expand its network of BVLOS drones across the country’s critical infrastructure.
Skyline Robotics to expand with $3.35M funding round
Skyline Robotics continues to build momentum adding key patents to bring Ozmo window-cleaning robots to key cities globally.
Unraveling the U-Curve of robot deployment productivity
University of Cambridge researchers found that robots can decrease productivity in the short term but can increase it in the long term.