Welcome to “Robot Investments Weekly,” a new feature on Robotics Business Review that every Friday recaps the week that was in acquisitions, funding, IPOs and mergers and acquisitions in the robotics industry.
For more information about investing in robotics, RBR members can access our Transactions Database that keeps you updated on the key mergers and acquisitions, investments, sales, and government-funding initiatives taking place across the global robotics industry. Search, sort, and print by transaction type, date, or industry.
At press time, eight robotics companies raised $90.9 million this week (December 4-8, 2017), while three companies were acquired for undisclosed amounts.
Fetch Robotics Raises $25M
The big news this week comes from RBR50 company Fetch Robotics, which raised $25 million to bring its total funding to date to $48 million. Sway Ventures led the latest round, while existing investors O’Reilly AlphaTech Ventures, Shasta Ventures and SB Group US (“Softbank”) contributed additional funding. Softbank was the lead investor of Fetch’s June 17, 2015 Series A round that raised $20 million.
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