Collaborative Robotics closed a $10M Series A funding round and prepares to scale production, operations and support for initial customers.
Iris Ohyama to acquire service robot maker Smile Robotics
Iris Ohyama, a Japanese maker of appliances for the home, has made plans to acquire Smile Robotics, a serving robot developer.
SoftBank and Symbotic launch new joint venture GreenBox
GreenBox will automate supply chain networks globally by operating and making Symbotics’ AI and automation technology accessible.
Ati Motors Secures US$10.85 Million in Series A Funding
The Ati Motors team showcased new models of its advanced autonomous mobile robots designed to enhance productivity and efficiency across various sectors.
Neura adds additional $55M to expand product line and drive international expansion
Neura Robotics raises $55 million in fresh capital to boost its leadership in cognitive robotics and drive international expansion into the U.S. and Japan.
Neura adds additional $55M to expand product line and drive international expansion
Neura Robotics raises $55 million in fresh capital to boost its leadership in cognitive robotics and drive international expansion into the U.S. and Japan.
ForwardX Robotics closes $61 Million in Round C funding
ForwardX Robotics raises $30 million in a funding round, bringing the series C total to $61 million. The company focuses on assisted picking and material handling solutions for global companies.
Rice Robotics’ delivery robots bring in $7M
Rice Robotics, a developer of delivery, security, and disinfection robots, has brought in $7 million in Pre-Series A funding.
Intel Capital invests in Figure as humanoid takes first steps
Intel Capital’s $9 million equity investment in Figure’s humanoid, Figure 01, will boost growth and commercialization since its inception less than a year ago.
Sarcos plans to layoff around 75 workers as part of optimization plan
Sarcos announced changes to the company will grow revenue and leverage opportunities that show the greatest market traction for the company.
Rocsys brings in $36M for its autonomous chargers
Rocsys, a provider of autonomous charging systems for electric transportation, has brought in $36 million in Series A financing.
Simbe brings in $28M with Eclipse leading the way
Simbe, a robotics company that develops robots to help retailers gather in-stock and shelf data, has brought in $28 million in funding.
Verity adds Qualcomm to Series B round bringing total round to $43M
A.P. Moller Holding led the funding round, with participation from Qualcomm Ventures, Exor Ventures, and existing and new investors completing the $32M Series B round previously announced in March this year.
Coalescent Mobile Robotics closes seed funding round
Coalescent Mobile Robotics, a Danish company that creates autonomous mobile robots (AMRs) for retailers, has closed its seed funding round.
Telexistence picks up $170M
Telexistence’s TX SCARA robots can handle the specialized work of replenishing shelves in refrigerators with bottles and cans.
Here’s how much robotics companies raised in May 2023
The Robot Report tracked 61 funding rounds in May 2023, bringing the year-to-date funding total to more about $4 billion.
Renatus Robotics raises $2M in seed funding for autonomous logistics solutions
The logistics, robotics, and blockchain company is seeking an additional $2 million for its pre-Series A round as it prepares for its first commercial installation at an e-commerce fulfillment center.
Dexory raises $19M in Series A to advance warehouse visibility
Dexory secures $19 million in Series A funding for international expansion, focusing on analytics and autonomous robots for warehouse visibility.
Contoro Robotics brings in $4.7M
This round follows a round from 2022 that totaled $1.3 million, and brings the Contoro Robotics’ total funding to date to $6 million.
Industrial robot market to grow 5-7% out to 2027
Interact Analysis predicts this long-term growth will be mostly driven by demand from the electric vehicle (EV) manufacturing industry.
Realtime Robotics brings in another $9.5M for RapidPlan
Realtime Robotics has brought in $9.5 million in funding to meet increased demand for its RapidPlan technology.
Report: EU to investigate Amazon’s pending iRobot acquisition
The EU seems to be ready to open a full-scale anti-trust investigation into the Amazon acquisition of iRobot, according to reporting from Reuters.