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.
Carbon Robotics secures $27 Million to help farmers control weeds
Company to accelerate growth and scale production to help farmers address increasing threat from herbicide-resistant weeds.
Ken Goldberg on robotic grasping; Carbon Robotics’ new weeding robot
Goldberg on Ambi Robotics’ Sim2Real technology, how Dex-Net is powering its robots, lessons learned over the years, and the challenges of universal grasping.
Carbon Robotics
Scythe Robotics raises $42M to scale autonomous lawnmowers
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.
Verdant Robotics cultivates $46.5M in Series A funding
Verdant Robotics’ Series A raised $46.5 million. The money will speed up the company’s robotic farm manufacturing and market launch.
Savioke Relay+ rides the elevator; World Ag Expo Robotics
Steve Cousins, founder and CEO of Savioke, discusses the new Relay+ robot and how it innovates the implementation of a service robot with an elevator.
Nauticus Robotics taking ocean robots public via SPAC
Formerly known as Houston Mechatronics, Nauticus is developing surface and underwater robots that perform a variety of ocean tasks, including transportation, data collection, equipment maintenance and more.
Ambi Robotics closes $26M Series A to begin growth
AmbiOS uses sIm-to-real techniques to reduce model training time and improve grasping success.
George Konidaris on Realtime Robotics future; Intel LiDAR update
This episode of The Robot Report Podcast features an interview with Realtime Robotics CEO George Konidaris
Kraken Robotics acquires 13 Robotics Ltda
Canadian underwater robotics company Kraken Robotics Inc., announces that it has acquired 13 Robotics Ltda of Brazil in a deal worth $220K.
CFM Challenge from SPRINT Robotics seeks technologies to make tank cleaning safer
SPRINT Robotics, a consortium of petrochemical companies, has launched the CFM Challenge, which seeks new or existing robots to automate cleaning and fabric maintenance of oil and gas infrastructure.
Cobot pioneer Østergaard starts new chapter at REInvest Robotics
If you had the financial freedom to do what you want in life, what would you choose to do? Esben Østergaard started asking himself that very question late in 2018. He had helped grow the nascent collaborative robotics market by founding Universal Robots (UR) in 2003. The Danish company has become the market leader by focusing…
On eve of British election, robotics and automation remains on sidelines
Britain is set to go to the polls on Dec. 12, and to many it feels like a particularly momentous election. But beyond the issues of Brexit and the nature of the British role in an increasingly turbulent world, there is a question regarding the revival of industry, and rediscovering Britain’s place as a key…
Robotics investments recap: November 2019
Autonomous vehicles, sensors, food preparation, and surgical robots received funding in November 2019.
Cleo Robotics Dronut compact drone to tackle dangerous jobs
Manual inspection of pressure vessels for oil and gas production is not a glamorous job. Just ask Omar Eleryan, who had to this as part of his job after he graduated from the University of Calgary with a mechanical engineering degree. Calgary, Alberta is the oil and gas capital of Canada. “I had to put…
How robotics & IoT help sustain triple bottom line
Sustainability in business has become a popular topic as companies increasingly recognize the need to have a firm grip on their triple bottom line – financial, social and environmental. Financial, social and environmental risks and opportunities abound in business, but creating an operations model that speaks directly to aspects of profits, people, and planet is…
Robotics Fundings, Acquisitions and IPOs: May 2018
Twenty-seven startups were funded in May for a total of $2.5 billion. The top five were: Cruise Holdings announced a two-phase funding by SoftBank Vision Fund totaling $2.25 billion. $900 million will be funded right away. Future funding of $1.35 billion is contingent on two things: regulatory approval and at the time when Cruise AVs…
Robotics Industry Fundings, Acquisitions & IPOs: January 2018
Twenty-five different startups were funded in January cumulatively raising $784 million; a great start for the new year. Four acquisitions were reported during the month while the IPO front lay waiting for something to happen. According to Silicon Valley Bank’s annual survey of 1,000+ executives, startup founders are confident 2018 will be a good year…
Robots could soon use new form of actuator: Genesis Robotics CEO explains
In a recent interview, Lisa Eitel of The Robot Report chatted with Mike Hilton, CEO of startup Genesis Robotics. This spinoff of Genesis Advanced Technology focuses on R&D in robotics, oil and gas, medical, human performance, and clean-energy industries. The company recently announced an actuator that’s particularly suitable for powering the joints in SCARA robot…
Over $19 billion paid to acquire 50 robotics companies in 2016
2016 was a banner year for acquisitions of companies involved in robotics and automation: 50 sold; 11 for amounts over $500 million; five were over a billion. 30 of the 50 companies disclosed transaction amounts which totaled up to a colossal $18.867 billion! UPDATED 1-31-17: Our December story about the acquisition of Liquid Robotics by Boeing didn’t have any financial details but a flurry…
2016 best year ever for funding robotics startup companies
It was a busy and abundant year for seed, crowd, series A,B,C,D and VC funding of robotics-related startups. 128 companies got funded, some multiple times. $1.95 billion, 50% more than 2015 which was also a phenomenal year with over $1.32 billion funded. UPDATED 1/30/17: Added $100 million in China-based RooBo, $50 million for Israeli Roboteam, $9.5 million for Matternet, $2…