Even before the advent of the Covid-19, autonomous mobile robot companies, notably those producing robots for use in e-commerce fulfillment centers, factories and warehousing, were experiencing a boom in investment. The pandemic is only accelerating investments in the AMR market.
For startups, including hardware centric, robotics companies, securing outside financing is essential to reach their commercial potential and continue to expand. In this comprehensive review, a popular source of start-up funding, venture capital, where capital is exchanged for equity, is examined.
Softbank’s most promising robotics investments are not those targeting the experimental technologies, nor the massive funding rounds for self-driving vehicles, but rather the mid-range investments in mobile robots for industrial and commercial applications.
Blickfeld, a Munich-based startup developing LiDAR sensors for a variety of applications, including autonomous vehicles, has closed a Series A financing round. The amount of the Series A has yet to be disclosed, but it was led by the venture capital unit of Continental together with Wachstumsfonds Bayern. Blickfeld’s existing investors, Fluxunit – OSRAM Ventures,…
Field robots, industrial automation, self-driving vehicles, and healthcare systems received funding in February 2020.
New program will help car dealerships make car buying experience easier for customers by reducing manual paperwork processes.
System looks to improve efficiency and safety through autonomous electric vehicles for freight transfer between public roads and warehouses.
Automotive OEM sector, and plastics & rubber industry the biggest driver of robot unit orders for the year, RIA says.
Hydroid, a developer of unmanned underwater vehicles (UUV) for the defense and maritime markets, is being acquired by shipbuilder Huntington Ingalls Industries (HII) for $350 million. The acquisition is subject to regulatory review and is expected to close in the first quarter of 2020. Pocasset, Mass.-based Hydroid will become part of HII’s Technical Solutions division.…
In January 2020, robotics investments and mergers and acquisitions showed continued strength across applications, even as economic challenges affected manufacturing and food service robots.
Challenges in automotive and machine builder sectors resulted in declines, Swiss company said.
Company expands autonomy software beyond cleaning systems to material handling, shelf analytics, commercial vacuums.
Company services Global 100 retailers and logistics fulfillment with robotics and AI systems to improve efficiency.
The Robot Report, sibling site to Robotics Business Review, tracked $1.9 billion in robotics transactions in December 2019, including funding for aerospace, logistics, and healthcare applications.
Company also applies to FDA to evaluate safety and efficacy of system for colon resection surgeries.
Company claims investment round the largest in China’s LiDAR sector.
Inertial navigation and sensors work with robots, drones, autos and marine vehicles.
Combining artificial intelligence with blockchain can add efficiencies in swarm robotics, autonomous vehicles, and more.
System uses AI, computer vision and autonomous drones to understand what’s on store shelves.
New funding to support staffing and product development efforts in food preparation space.
Several hidden costs, as well as hidden benefits, exist in the calculation of a robotic deployment.
End-to-end platform aims to accelerate machine learning for data scientists.
German firm expands into Southeastern U.S. with the acquisition of engineering and systems integration firm.
‘Flippy’ creators look to expand robotics software platform to meet food service demand.
Teams up with Japan’s largest bank to digitize and evolve personal banking transactions.