Welltec’s $31M Shows How EU’s Horizon 2020 Finances Innovation in Robotics
Denmark’s Welltec A/G is that country’s first loan under a new generation of financial instruments from the European Investment Bank (EIB).
(December 14, 2014)
Restoration Robotics Raises $45M for Robotic Hair Transplants
Restoration Robotics, a privately held medical robotics company, has raised $45 million in Series C extension funding, which will be used to develop the second generation of its ARTAS robotic hair transplant system.
(November 11, 2014)
RMT Robotics Joins Muratec Group as Part of Cimcorp Acquisition
RMT Robotics, a Cimcorp Oy company, joined the Muratec Group as part of the acquisition of Cimcorp Oy and its subsidiaries by Kyoto, Japan-based Murata Machinery, Ltd. Together, the companies will provide material handling solutions to a global client base. Both Muratec and Cimcorp will continue business operations going forward with no change to their current strategies.
(November 10, 2014)
Why Intel is Betting on Drones
Intel invests in PrecisionHawk, a data delivery company that uses a small drone and cloud-based software to gather data.
(November 07, 2014)
Medrobotics Closes $20M in Series F Financing
Medrobotics has closed $20 million in Series F funding and will use the money to extend its runway while pursuing commercial launches in Europe and FDA clearance and commercialization in the United States and other global markets.
(October 29, 2014)
AI Firm arago AG Receives $55M Investment
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)
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)
Oh Baby! 4moms Snags $41M in Funding
“Our products are totally robots. But customers don’t know that.”
(September 12, 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)
EC Announces $3.8B Partnership in Robotics: SPARC
Europe, in finally getting the SPARC program up and running now at the beginning of Horizon 2020, is showing leadership, organization and money—lots of money.
(June 05, 2014)
Grabit Receives Funding from Flextronics, Draper Nexus Ventures
Grabit, an industrial automation and materials handling startup, has received an undisclosed amount of funding from Flextronics Lab IX and Draper Nexus Ventures. The investment will enhance Grabit's development of electroadhesion-based products.
(June 02, 2014)