UK Pours $25M Into Robotics R&D
The partnership between the Government and industry is in the form of a working agreement between the EPSRC and an eight-strong group of industry leaders, including BAE Systems, Schlumberger, National Nuclear Laboratory, The UK Space Agency and Sellafield Ltd.
(May 09, 2012)
Neato Robotics Inc. Raises $12.2 Million
Vorwerk Direct Selling Ventures GMBH and Noventi Ventures of Menlo Park gave money in this round. Neato, led by CEO Warren Flick since last May, will spend the money on new products as well as on marketing and expanding its operations.
(April 19, 2012)
Aethon Goes Asian with Mitsui (USA)
Aethon, the premier developer of autonomous mobile robots for hospitals and health systems, announced today that it has received an investment from Mitsui & Co. (USA) Inc. The Mitsui USA investment is part of the $7.1 million raised in growth capital in Aethon’s latest round of funding.
(April 18, 2012)
Majority Stake in Aldebaran Robotics Sold to Softbank
The roughly $100m deal could help prove to investors that there’s money to be made in consumer and service robotics.
(March 14, 2012)
In-depth Analysis
Seven RBR50 Firms Win Big in VC Deals
RBR50 robotics firms accounted for the top four positions and seven out of fourteen overall in annual Venture Capital sweepstakes for 2011, as reported by Travis Deyle in Hizook. With a total of $164.4 million invested in robotics ventures in 2011, seven of the RBR50 accounted for $117.5—over 70 percent of the total.
(March 10, 2012)
iRobot Invests $6 Million in InTouch Health
Investment established to explore opportunities for healthcare applications on iRobot platforms.
(February 17, 2012)
MICROMO and ReconRobotics Team Up on Rugged UGV Solution
Miniature, unmanned ground vehicles reliably perform reconnaissance in the harshest environments, with the help of compact, high-torque servo motors.
(January 19, 2012)
North Sea Oil and Gas Decommissioning Costs Could Exceed $74 Billion
Marine robotics companies could reap the benefits as rigs and other seaborne energy extraction infrastructure are removed from service.
(November 15, 2011)
UC Riverside Receives Grant for Navigation in Areas GPS Does Not Reach
To develop navigation techniques that could be used for indoor navigation by the visually impaired and small-scale military drone surveillance.
(September 28, 2011)
Liquid Robotics Completes $22M Funding Round
The company predicts it will achieve positive cash flow next year, and its board may consider a sale or IPO.
(June 08, 2011)
Bluefin Awarded Contract to Develop Mine and IED Neutralization Variant
The project team will modify an autonomous underwater vehicle to locate and hover at mines/IEDs found on ship's hulls, enabling remote operators to neutralize the ordnance.
(April 12, 2011)
Heartland Robotics Raises $20 Million in Series B Financing
Highland Capital Partners and Sigma Partners join Charles River Ventures and Bezos Expeditions in funding the company's vision for robots in manufacturing.
(November 30, 2010)
Motoman’s Dual-Armed SDA Series Supports “Insourcing”
Vision-based, human-scale, dual-arm robots designed to automate complex manual processes are extremely well suited for handling, manipulation, and assembly-related tasks that formerly could only be undertaken by humans.
(June 15, 2010)
Harvest Automation, Inc. Receives $4.0M Series A Financing
Founded by robotics industry veterans, Harvest Automation, a maker of materials handling robots, has secured $4M in Series A financing from investors Life Sciences Partners, MidPoint Food & Ag Funds and The Massachusetts Technology Development Corporation.
(January 11, 2010)
