ForwardX Robotics announces that that they have added $38M in series B funds and plans to use the funding to accelerate development of new products and expand its market share worldwide.
Following the launch of the new all-electric Monarch Tractor in December, the company announces that they have completed $20M in series A funding to expand the launch and expand to meet growing demand.
Geek+ Robotics is partnering with Boreal Technologies to expand their channel in South America. The cooperation represents both parties’ commitment to helping early adopters realize a successful transition towards intelligent logistics and manufacturing and advance automation, digitalization, and optimization of supply chain operations across South America.
Locus Robotics announces $150 million in Series E funding. Locus will use the new investment to further expand its market opportunities around the globe and support ongoing research and development (R&D) to grow and enhance its award-winning, innovative warehouse technology solution.
Data and analytics software provider DroneDeploy raised an additional $50 M in series E funding to support market growth and expansion beyond drones.
Brain Corp just wrapped up their customer deployment data analysis for 2020, and after a thorough review of the data, the company summarized a few interesting facts from the year.
Clearpath Robotics Inc., announces that it has completed a US$5,000,000 Secure Convertible Note financing with BDC Capital Inc., as part of its Bridge Financing Program.
Seegrid today announced it has strengthened the company’s executive leadership team, welcoming Jay Link to the newly created role of Chief Revenue Officer (CRO).
Monarch Tractor, today announced it has received an additional investment from Musashi Seimitsu Industry Co., Ltd. The funding will be used for a variety of global business, marketing and R&D operations
SICK and IBEO sign a new partnership agreement to jointly develop a new cost-efficient, solid-state, 3D LiDAR solution.
BMW spins out a new logistics robotics company. The new company will engineer and produce logistics solutions including AMRs and fleet software.
Teledyne has agreed to acquire FLIR Systems in a stock and cash deal valued at $8B (USD).
Seegrid announces that they doubled their revenue in 2020 and had record adoption of material handling solutions last year.
In this article, you can read about the top five predictions for 2021 that we’ll be tracking in 2021.
We look at the biggest stories and review where the investment money went in AMR-related companies for the year end 2020.
ADLINK Technology announces a strategic investment in Minnesota based Rover Robotics. The companies are joining forces together on ROS2 products based on Data Distribution Service (DDS) and industrial robotic controllers.
Hyundai announces that it is planning to take a controlling interest in Boston Dynamics, maker of the Spot and Atlas robots. The deal is worth $1.1B
ANYbotics AG, a supplier of unique four-legged autonomous robots, announces the closing of its 22 million (USD) Series A financing round led by Swisscom Ventures. The funding will serve to accelerate the commercialization of its autonomous robots for industrial inspection applications.
Caja Robotics announces that they have closed their Series B funding round for $12M.
Percepto, pioneering autonomous inspection by industrial robotics, today announced a strategic investment of $45 million in Series B funding led by Koch Disruptive Technologies (KDT) to launch a transformative solution for remote, fully autonomous, asset monitoring, inspection and compliance of industrial sites. KDT is joined by new investors State of Mind Ventures, Atento Capital, Summit Peak Investments, Delek-US and existing investors U.S. Venture Partners, Spider Capital and Arkin Holdings, bringing the total investment in the company to $72.5 million.
Robust.AI raises $15M to develop an industrial grade cognitive engine for all types of robotics. The company has hired a high-profile leadership team with roots across research and innovation.
Ocado Group has announced investment in and acquisition of several robotics and material handling companies as it seeks to grow its fulfillment capabilities.
Ware, a technology startup deploying autonomous drones for warehouse inventory counting, has closed $2.5 million in seed-round funding.
The funding will be used for building out the team to further Ware’s artificial intelligence capabilities and support customers as they deploy their technology.
Agility Robotics announces that they have closed a $20M funding round. The investment will enable the company to meet the growing demand for the unique robot.
MOV.AI, a collaborative robotics software company, with roots in ROS development, raises $4M in Series A Funding.