AI Firm arago AG Receives $55M Investment
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arago AG, a German-based developer of artificial intelligence that companies can use to cut costs, has received a $55 million investment from KKR, which will support the global roll-out of arago’s product portfolio with growth equity.
(October 16, 2014)
Monsieur Robot Bartender Raises $2M in Seed Round
Monsieur, the robot bartender that launched in 2012, has raised $2 million in seed investment that it will use to meet growing demand from hotels, restaurants, arenas, and bars.
(October 10, 2014)
KUKA Falls First, Buys Swisslog for $335M. Who’s Next?
Fluke, aberration, or sign of the times is KUKA’s $335M purchase of mobile robotics maker Swisslog?
(September 29, 2014)
Boeing, Liquid Robotics Team Up on Maritime Drones
Boeing and Liquid Robotics, two RBR50 companies, have signed a multiyear agreement to collaborate on autonomous ocean robots that will handle a variety of surveillance jobs. Terms of the deal were undisclosed, but a Liquid exec says it could be worth hundreds of millions and lead to a future IPO.
(September 24, 2014)
Deadline Extended for Game Changer Awards
Hurry! The deadline for Game Changer Award is Friday, September 26th
(September 23, 2014)
Corindus Vascular Raises $26.6M for Healthcare Robotics
Corindus Vascular, developer of the FDA-approved CorPath System, has raised approximately $26.6 million through a Securities Purchase Agreement pursuant. The money will be used for expansion and investment into new products.
(September 19, 2014)
ReWalk Robotics Eyes Future After $36M IPO
ReWalk Robotics raised $36 million during its recent initial public offering (IPO), becoming the best-performing IPO for 2014. ReWalk will now expand its exoskeleton technology into other applications.
(September 16, 2014)
Oh Baby! 4moms Snags $41M in Funding
“Our products are totally robots. But customers don’t know that.”
(September 12, 2014)
Can Dyson’s New Smart Vac Challenge Roomba?
Dyson: “Vision, combined with our high speed digital motor and cyclone technology, is the key."
(September 06, 2014)
Energid Testing Software for Self-driving Military Vehicles
RBR50 company Energid Technologies has landed a Pentagon contract to test software for self-driving military convoys to ensure it is safe. Energid will receive $150,000 for the first six months of the program, which is being funded by the Office of the Secretary of Defense (OSD).
(September 04, 2014)
Adept Technology Posts Disappointing Results for Quarter
Adept Technology president & CEO Rob Cain describes fiscal year 2014 as an "inflection point" as sales in the U.S. "declined significantly" in the fourth quarter.
(August 27, 2014)
Bargain Hunting for Robotics Investments? Act Now!
Most everything on the robotics landscape is a bargain investment.
(August 10, 2014)
Flying Robots Meet Game Cubes as 3DR Buys Sifteo
The merger's full implementation will take place over the next year, with Sifteo directly providing technical support to its existing customers until the end of July 2015.
(July 30, 2014)