Chinese collaborative robot maker Aubo Robotics raises $9 million in funding

A Chinese collaborative robot manufacturing startup company called Aubo has raised $9 million in funding from Fosun.  Fosun is a conglomerate based in China with a widely diversified investment portfolio. Fosun has previously invested in Aubo and believes the cobot maker has the potential to become a “unicorn”, a startup with a valuation of $1 billion or … Continue reading Chinese collaborative robot maker Aubo Robotics raises $9 million in funding

Locus Robotics raises another $25 million in funding

Locus Robotics has raised $25 million in its latest funding round.  Locus makes autonomous, mobile robots for use in e-commerce fulfillment warehouses, today announced it has secured $25 million in Series B funding led by Scale Venture Partners, a Silicon Valley-based venture capital firm investing in the future of work. Existing investors also participated in … Continue reading Locus Robotics raises another $25 million in funding

MarkForged raises $30 million in new funding from Siemens and Porsche for 3D printing system

A company called MarkForged has raised $30 million in Series C funding to further develop its additive manufacturing – or 3D printing – technology.  The company is said to use materials and methods which can produce components which are as strong as steel, and produce them 10 times faster. The latest backers of MarkForged include Next47, … Continue reading MarkForged raises $30 million in new funding from Siemens and Porsche for 3D printing system

Robotics-related investment fund reaches $1.5 billion worth of assets under management

A robotics- and automation-related investment fund says it now has $1.5 billion under management. The Robo Global Robotics & Automation exchange-traded fund (ROBO) is celebrating four years on the Nasdaq stock exchange. Robo Global is said to be the first robotics-related investment fund, and says so far this year, it has delivered a total return … Continue reading Robotics-related investment fund reaches $1.5 billion worth of assets under management

Software developer Veo Robotics raises $12 million in funding

Veo Robotics has raised $12 million in Series A funding led by Lux Capital and Google Ventures, which is now called GV.  GV’s Andy Wheeler and Lux’s Bilal Zuberi will join the Veo board of directors. Siemens, through its company Next24, which previously invested in Veo, also participated in the latest funding round. 

Zume Pizza raises $48 million funding for robotic pizza production system

  A company which is developing robotic pizza production systems has raised $48 million in funding, according to a report on ZDNet.com.  The new funding for Zume Pizza follows a previous round, in December, which raised $23 million. ZDNet says Zume’s system could increase speed and freshness at the same time as reducing labour costs. … Continue reading Zume Pizza raises $48 million funding for robotic pizza production system

Chinese search giant Baidu launches $1.5 billion fund for autonomous car tech

  Baidu – China’s equivalent of Google – has launched a $1.5 billion fund for autonomous car technology. The company’s newly established Apollo Fund will invest in 100 autonomous driving projects in the next three years. Meanwhile, Baidu has unveiled the latest iteration of its Apollo open-source autonomous driving platform, Apollo 1.5. The Apollo platform has gathered … Continue reading Chinese search giant Baidu launches $1.5 billion fund for autonomous car tech

Robotics investment fund grows to $450 million since launch one year ago

  Global X Funds, the New York-based provider of exchange-traded funds, today celebrated the one-year anniversary of the launch of the Global X Robotics and Artificial Intelligence ETF (BOTZ). The company says Botz has received considerable interest from investors in its first year, having surpassed $450 million in assets under management. Botz launched on September … Continue reading Robotics investment fund grows to $450 million since launch one year ago

Cambridge Medical Robotics raises another $26 million in funding

Cambridge Medical Robotics, a company which is developing a robotic system for minimal access surgery, has closed its Series A funding round, raising a further $26m. The investment came from existing investors Cambridge Innovation Capital, LGT Global Invest, Escala Capital and ABB Technology Ventures, and new investor Watrium. Together with the first tranche in July … Continue reading Cambridge Medical Robotics raises another $26 million in funding

Samsung strengthens interest in autonomous driving with $300 million investment fund

Samsung has created a $300 million fund to build on a number of earlier investments in auto-related startups and technologies.  Earlier this year, the electronics giant bought Harman, a premier supplier to original equipment manufacturers in the automotive sector. The two companies have now jointly launched a new strategic initiative, focused on developing innovations for … Continue reading Samsung strengthens interest in autonomous driving with $300 million investment fund

Ekso Bionics raises $34 million in funding for exoskeleton plans

Ekso Bionics, a developer of exoskeleton technology for medical and industrial use, has raised $34 million in its latest share issue. Many of the new shares were purchased by Puissance Capital. Exoskeletons are predicted to find markets in the health sector as well as industries such as construction, or anywhere where there may be physical … Continue reading Ekso Bionics raises $34 million in funding for exoskeleton plans

Investing in robotics with a $100 million fund and a humanitarian perspective

Investing in robotics is something many people are interested in.  Not surprising, since funds which have invested in robotics and related technologies on the stock markets have returned significantly more profits than funds in other business sectors. Rewired is a new fund which is starting out with $100 million to invest in what it says … Continue reading Investing in robotics with a $100 million fund and a humanitarian perspective

Robotics investment fund claims 40 per cent returns in one year

A robotics investment fund claims it has seen returns of almost 40 per cent since it was established a year ago, according to a report on Business Insider.  Botz is a Nadaq-listed exchange-traded fund, which has holdings in a variety of companies in the robotics and artificial intelligence sectors. ETFs are like shares in a … Continue reading Robotics investment fund claims 40 per cent returns in one year

Largest robotics and automation investment fund now has $1 billion in assets under management

ROBO, believed to be the first robotics and automation exchange traded fund, has reached a new milestone in terms of its assets under management. Index provider ROBO Global, which has holdings in more than 100 listed companies, says investors have embraced its dedicated focus on robotics, automation and artificial intelligence. The ROBO Global Robotics & … Continue reading Largest robotics and automation investment fund now has $1 billion in assets under management

Rewired launches $100 million robotics-focused venture studio and fund

Investments will focus on applied science and technologies that advance machine perception and unlock the next-generation of smart robotics Rewired has launched a robotics venture studio and fund. To start with, the company is investing $100 million in applied science and technologies that advance machine perception.  Rewired says its initial proposition is that improving machine … Continue reading Rewired launches $100 million robotics-focused venture studio and fund