The company plans to use the financing to further develop its lab automation platform Automata Labs for use in and outside of the UK.
Robotics investments recap: March 2019
Investments in robots, autonomous vehicles, and related systems totaled at least $1.3 billion in March 2019, down from $4.3 billion in February. On the other hand, automation companies reported $7.8 billion in mergers and acquisitions last month. While that may represent a slowdown, note that many businesses did not specify the amounts involved in their…