Robotics & Automation News

Market trends and business perspectives

Archives for December 20, 2021

Apex.AI raises $56.5 million in Series B fundraising round

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Apex.AI, a company developing breakthrough safety-certified software for mobility and autonomous applications, has raised $56.5 million in a Series B fundraising round, bringing the total raised to date to $74 million.

The Series B round was led by Orillion, and included new participation from ZF, Continental, AGCO, Canaan, Lightspeed Venture Partners, Airbus Ventures, Jaguar Land Rover’s InMotion Ventures and others.

Other investments previously announced include Volvo Group Venture Capital, Toyota Ventures and HELLA Ventures, which further form Apex.AI’s world-class group of investors. [Read more…] about Apex.AI raises $56.5 million in Series B fundraising round

Robotic Assistance Devices Mobile to develop autonomous delivery vehicle

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Robotic Assistance Devices Mobile (RAD-M), says it has committed to producing an intelligent autonomous delivery vehicle based on its Roameo security patrol robot (main picture).

RAD-M is a subsidiary of Artificial Intelligence Technology Solutions, a developer of AI-driven security and productivity solutions for enterprise clients.

Steve Reinharz, CEO of AITX, says: “Developing this product is something that we’ve wanted to green light for some time, and I’m thrilled to be able to make the official announcement today. [Read more…] about Robotic Assistance Devices Mobile to develop autonomous delivery vehicle

Nauticus Robotics valued at more than $500 million as it becomes publicly traded company via merger with CleanTech

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Nauticus Robotics, a Houston-based developer of cloud-based surface and subsea robots, software, and associated services, and CleanTech Acquisition, a publicly traded special purpose acquisition company, have entered into a definitive business combination agreement that will result in Nauticus becoming a publicly listed company.

Upon closing of the transaction, CleanTech Acquisition (CLAQ) will be renamed Nauticus Robotics and is expected to remain listed on Nasdaq under the new ticker symbol “KITT”. Nauticus is being valued at more than $500 million.

Nauticus develops revolutionary cloud-based autonomy software to enable a smarter and more sustainable ocean industry using its fleet of autonomous robots from the surface to the seabed. [Read more…] about Nauticus Robotics valued at more than $500 million as it becomes publicly traded company via merger with CleanTech

‘RoboRace’ autonomous racing selects Velodyne Lidar

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RoboRace, the world’s first autonomous car racing series, has selected Velodyne as the official lidar sensor provider in its next generation vehicles.

RoboRace will use Velodyne‘s solid-state Velarray H800 sensors in its electric-powered autonomous race cars for the Season One championship series, which is set to begin in 2022.

The Velodyne and RoboRace engineering teams have been working collaboratively on the race car development project. [Read more…] about ‘RoboRace’ autonomous racing selects Velodyne Lidar

Is Cryptocurrency Just a Bubble?

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That’s the question on everyone’s mind these days, as the price of Bitcoin and other cryptocurrencies continues to skyrocket.

Cryptocurrencies are digital tokens that use cryptography to secure their transactions and to control the creation of new units.

Bitcoin was the first cryptocurrency, created in 2009, and there are now well over 1,000 of them. [Read more…] about Is Cryptocurrency Just a Bubble?

How to Market Your Business Properly

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Every business needs to market itself in order to survive in today’s competitive market.

Therefore, it’s important that you know the ins and outs of marketing your business, or else it won’t be able to compete with other similar companies.

This blog post will give you some helpful tips on how to get started with the right marketing plan for your company so that you can thrive! [Read more…] about How to Market Your Business Properly

Using Automated Bots When Trading Crypto – How Does it Work?

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The crypto trading market has become very popular over the past few years. Thanks to the development of the market, it is easier for everyone around the world to become part of the industry. 

With over 7,000 cryptocurrencies available in the market, opportunities in the crypto industry are truly limitless. While crypto trading is a great market for people of different interests, things can get quite hard due to the huge volatility in the market.

Not only are the prices moving at a very fast pace in the market, but traders are also required to keep monitoring the price movements throughout the day to ensure that they do not miss out on opportunities to make profits. This can be quite hard, especially if you are a beginner trader. [Read more…] about Using Automated Bots When Trading Crypto – How Does it Work?