Omnirobotic plans to use the funding to commercialize robots using its AutonomyOS AI platform for applications such as sanding.
Medical Microinstruments raises $110M to support surgical robot
Medical Microinstruments said in a news release that it marks the largest-ever investment in microsurgery innovation.
Monumental raises $25M for bricklaying robots
Monumental said its robots can move freely around building sites to help contractors address labor shortages and rising costs.
Nauticus Robotics secures over $12M to propel Aquanaut’s autonomous exploration
Nauticus has announced a new funding round and change in executives to support a new focus on commercializing its technology.
Project 3 Mobility brings in $107M for its autonomous mobility ecosystem
Project 3 Mobility’s ecosystem will be made up of an autonomous electric vehicle, specialized infrastructure, and a mobility service.
10 startups selected for MassRobotics Accelerator
The first recipients of funding in the MassRobotics and MassTech accelerator program discussed their innovative projects.
Starship raises $90M for outdoor delivery robots
Starship Technologies plans to use the funding to expand its delivery services around the world.
Robotics investments top $749M in December 2023
Forty-one robotics companies raised $749 million in December 2023. Total robotics funding for 2023 equals approximately $12.9 billion.
$5M MassTech Collaborative initiative boosts state’s robotics sector
Program will focus on expansion of research and development, testing, commercialization, and workforce development for the Massachusetts robotics cluster.
Cruise and Motional backers slash robotaxi funding
GM-backed Cruise will see its budget cut by $1 billion and one of Motional’s two leading backers will no longer fund the company.
Agtech startup Small Robot Company shutting down
Despite having a signed term sheet, the awaited investment failed to materialize before the company’s financial runway ran out.
Canadian Robotics Council raises $100,000
The Canadian Robotics Council entered into a funding partnership with Next Generation Manufacturing Canada to build visibility for Canadian robotics capabilities, both at home and abroad.
Tire-changing startup RoboTire files for Chapter 7 bankruptcy
According to the Chapter 7 bankruptcy filing, RoboTire has $12.7 million in liabilities and $12.3 million in assets.
Teradyne robotics group earns $375M in 2023
See a revenue breakdown for both Universal Robots and Mobile Industrial Robots, which are both owned by Teradyne.
Update on AgTech automation at CNHI
Marc Kermisch from CNHI provides an update on how autonomy and digitization are developing to help automation.
Bluewhite raises $39M to expand autonomous tractors to farms worldwide
Bluewhite plans to use the funding to expand into new markets with its autonomous tractor system, which could reduce crop production costs by up to 75%.
Private equity firm acquires robotics integrator Acieta
Acieta, a FANUC Authorized System Integrator, said it has installed more than 5,500 robots since it was founded in 1983.
farm-ng raises Series A funding to scale Amiga robot and AI for small to midsize farms
farm-ng has raised funding to accelerate production of its modular, electric Amiga agricultural robot, which includes NVIDIA Jetson.
Synopsys to acquire Ansys to join forces for silicon-to-system design, simulation, and analysis
Synopsys is adding Ansys’ simulation to its testing and electric design tools to help developers engineer more complex systems.
Neocis brings in $20M for robotic dental surgeries
Neocis plans to use its funding for further development and marketing of the Yomi surgical robot approved by the FDA for dental implants.
1X Technologies raises $100M Series B to advance NEO humanoid robot
1X says its NEO android is being developed with embodied AI to handle household tasks and be safe to operate around consumers.
Sevensense acquisition to add VSLAM smarts to mobile robots, says ABB
Sevensense, which has developed Visual Simultaneous Localization and Mapping for mobile robots, has grown from a partner to a unit of ABB.