Embark Trucks has raised a total of $117 million as it develops self-driving trucks. It plans to test transfers with five customers at hubs between Phoenix and Las Angeles.
July 2018 Robotics and Intelligent Systems Investments
Investment into robotics and intelligent systems companies for July 2018 was robust, totaling approximately $1.6B worldwide from 34 investments into the same number of companies. In June 2018, 27 robotics startups raised $2.1 billion. The bulk of the July 2018 investments were made into companies developing software and hardware technologies and products, along with services…