The funding will be used to expand sales regions in North America, optimize and scale manufacturing, develop new software and hardware products, and launch into international markets.

Pre-trained on millions of picks from Covariant robots in warehouses around the world, the Covariant Brain enables robots to autonomously pick many SKUs.

Roboto AI announced that it has emerged from stealth with $4.8 million in Seed funding to build robotics development tools.

Companies offering unmanned aerial drones, usually coupled with drone-enabled data and analytics services, were particularly strong in February 2023.

Berkshire Grey is merging with SoftBank Group Corp in a deal valued at 24% more than the stock price at the end of trading on March 24, 2023.

On the podcast, we talk about the potential impact of the implosion of Silicon Valley Bank. Also this week: an interview with Rylan Hamilton, CEO and co-founder of 6 River Systems.

Plus One Robotics announced that it has raised $50M in Series C funding, bringing its total funding to date to almost $100M.

Investment in companies working on autonomous driving technologies was particularly strong.

$230M in funding to expand U.S. manufacturing and hiring as demand rises for autonomous drones across public safety, defense, and infrastructure inspection.

Fulfil Solutions announced that it is emerging from stealth mode with $60 million in Series B financing for its grocery fulfillment system.

CaPow’s autonomous, battery-free, high-power energy eco-system frees robots from harmful Lithium-Ion batteries. Without robot downtime for charging, the company’s method reduces CapEx, OpEx, and carbon footprint.

The latest investment brings Third Wave Automation’s total funding since it was founded in 2018 to $70 million. 

Phantom AI, based in Mountain View, California, aims to quickly democratize autonomous driving by advancing ADAS technologies.

December 2022’s 55 robotics investments totaled US $1.14B, a 7.7% increase over December 2021’s funding total.

Machina Labs plans to use the funding to accelerate company growth to meet customer demands, and expand research and development. 

Scythe Robotics said the funding will help it meet demand for the more than 7,500 reservations for its all-electric, fully autonomous M.52 mower.

Silicon Valley-based Cepton offers a range of LiDAR sensors, including the Vista-X family of automotive-grade LiDARs and Sora-X family of industrial-grade LiDARs.

Outrider, a developer of autonomous yard operations for logistics hubs, announced that it raised $73 million in Series C financing.

Brightpick plans to use the latest round of funding to further expand into the US.

Oxbotica aims to use the investment to drive expansion into new geographical markets and more quickly deploy its autonomy software. 

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.

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