Tertill and Harvest Automation have close ties. And the hope is for the new company to be a major player in the automation of food production.
Space robotics company GITAI brings in over $28M
GITAI plans to use the latest funding to expand its business and technology development in the United States.
Robotics investments top $1.63B in April 2023
U.S.-based robotics companies landed the most rounds (17) and funding ($514M) in April 2023.
Figure raises $70M to commercialize humanoids
Figure will use the funding to develop its Figure 01 humanoid, build out its AI data pipeline for autonomous operations and drive towards commercialization.
e-con Systems brings in $13M for embedded vision systems
e-con Systems, a US-based provider of embedded vision systems, has brought in $13 million in funding from GR 2022 Holdings.
XTEND acquires drone inspection company Performance Rotors
XTEND, the developer an operating system that helps users that have no flight experience operate drones, has acquired Performance Rotors.
Moon Surgical raises $55.4M to support surgical robot platform
Moon Surgical announced today that it raised $55.4 million and appointed a surgical robotics veteran as the chair of its board.
Anybotics raises $50M to expand international deployments, develop new capabilities
Anybotics announces $50 million Series B funding round to scale deployments, develop new capabilities, and strengthen competitive position.
Ocado acquiring 6 River Systems from Shopify
Ocado Group is acquiring autonomous mobile robot maker 6 River Systems from Shopify for an undisclosed amount.
Symbotic ends Q2 with $266.9M in revenue
Symbotic brought in $266.9 million in revenue in Q2 of 2023, with a net loss of $55.4 million and an adjusted EBITDA loss of $11.2 million.
Vorwerk Group closing robot vacuum maker Neato Robotics
The Vorwek Group announced in a press release late last week that it will be shutting down Neato Robotics, a robotic vacuum manufacturer.
March 2023 robotics investments total $526M
47 robotics investments in the month of March accounted for a total of $526M.
Veo Robotics closes $29M funding round
The round includes the Veo Robotics’ latest funding from the Amazon Industrial Innovation Fund, Safar Partners and Yamaha Motor Ventures.
Robust.AI brings in $20M to scale robot deliveries
Robust AI offers an autonomous warehouse cart that pairs with its autonomous mobile robot (AMR) software suite.
Groundlight raises $10M for natural language powered computer vision
Groundlight’s $10 million funding round included participation from Madrone, Greycroft Partners and Founders Co-op.
Alphatec acquires robotic navigation platform
Alphatec announced that it acquired all assets related to the REMI robotic navigation system from Fusion Robotics.
Noah Medical brings in $150M for Galaxy System
Noah Medical plans to use the funding to meet the rising demand for its Galaxy System, a system for navigated robotic bronchoscopy.
Carbon Robotics raises $30 million in series C funding to scale LaserWeeder platform
Funding will be used to expand sales, optimize manufacturing, develop new products, and launch into international markets.
Covariant raises $75M for robotic picking technology
Pre-trained on millions of picks from Covariant robots in warehouses around the world, the Covariant Brain enables robots to autonomously pick many SKUs.
Roboto AI raises $4.8M to build data tools for robotics developers
Roboto AI announced that it has emerged from stealth with $4.8 million in Seed funding to build robotics development tools.
Robotics investments reach $620M in February 2023
Companies offering unmanned aerial drones, usually coupled with drone-enabled data and analytics services, were particularly strong in February 2023.
Berkshire Grey to join Softbank Group
Berkshire Grey is merging with SoftBank Group Corp in a deal valued at 24% more than the stock price at the end of trading on March 24, 2023.