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Financials & Investments

Humanoid Global makes ‘software investment’ in RideScan

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Humanoid Global, a publicly traded investment issuer focused on building and accelerating a portfolio of pioneering companies in the humanoid robotics and embodied AI sector, is pleased to announce that it has made its first strategic software investment into RideScan, a data company specializing in robotics.

RideScan is an artificial intelligence (AI) platform focused on proactively addressing reliability, safety, and efficiency to optimize the performance of autonomous robots. It serves as the “safety layer” and is suitable for deployment across industries, compatible with a range of diverse robotics hardware and software platforms.

It aims to reduce downtime, identify and eliminate undetected failures, and address public trust issues that threaten robotics adoption by providing real-time risk assessment, predictive maintenance, and actionable insights. [Read more…] about Humanoid Global makes ‘software investment’ in RideScan

Alibaba leads $140 million funding round in Chinese humanoid robot start-up X Square Robot

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X Square Robot, a Shenzhen-based humanoid robotics developer, has raised the equivalent of between $100 million and $140 million in its latest financing round, according to multiple reports.

Alibaba Cloud, the artificial intelligence and cloud computing arm of Alibaba Group, led the round, which the South China Morning Post reported as a 1 billion yuan (about $140 million) Series A+ investment. CNBC, meanwhile, cited the figure as $100 million.

Other backers include CAS Investment, China Development Bank Capital, HongShan Capital Group, Meituan, and Legend Capital. The deal marks Alibaba Cloud’s first direct investment in the field of embodied intelligence. [Read more…] about Alibaba leads $140 million funding round in Chinese humanoid robot start-up X Square Robot

FieldAI raises more than $400 million to advance embodied AI at scale

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FieldAI, a specialist developer of physical AI and robotic autonomy, has raised $405 million in two consecutive funding rounds.

Investors include Bezos Expeditions, BHP Ventures, Canaan Partners, Emerson Collective, Intel Capital, Khosla Ventures, NVentures (Nvidia’s venture capital arm), Prysm, Temasek, and others. Previous investors include Gates Frontier and Samsung.

The latest round was oversubscribed, following rapid customer adoption and multiple expansion contracts for FieldAI’s general-purpose robotics intelligence, with successful testing and deployments across hundreds of complex real-world industrial environments. [Read more…] about FieldAI raises more than $400 million to advance embodied AI at scale

How to Save for Retirement on a Low Income?

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Retirement saving may be a luxury to you when you are already struggling to make both ends meet. Rent, bills, groceries and then you are told to save money, which would be used in decades to come. Doesn’t that sound unrealistic?

But this is the reality: It is possible to save toward retirement on a low income as long as you go about it the right way. And no, it does not mean you necessarily need to win the lottery or avoid every cup of coffee you like.

It is not a matter of giving away all of your pleasures, it is incremental minor changes that add up. Now that we are ready to know how? So we can put that in doable steps. [Read more…] about How to Save for Retirement on a Low Income?

Cracking the Mystery of the Dow Jones Index and its Role in the Market

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The stock market may appear intricate, but some indicators make its movement more understandable to the investor. One such popular indicator is the Dow Jones Index, which has been employed for over a century to measure market trends.

It shows the performance of a few of America’s largest companies, and a lot of people watch it closely to understand how the economy is performing. Understanding it does not take advanced financial knowledge; it simply takes understanding what it means and how it impacts market behavior. [Read more…] about Cracking the Mystery of the Dow Jones Index and its Role in the Market

Fort Robotics raises $18.9 million in new funding to bring total to $60.5 million

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Fort Robotics, a specialist provider of safety and security solutions for intelligent machines, has raised an additional $18.9 million in its Series B funding round. This capital raises the company’s total funding to $60.5 million to date.

The round was led by Tiger Global, with strong participation from both new and returning investors, underscoring confidence in Fort’s crucial role in the rapidly evolving robotics and physical AI landscape.

Fort’s growth is fueled by the robotics industry hitting a critical inflection point. As autonomous systems see large-scale deployments in sectors like autonomous vehicles, agriculture, construction, defense, factory automation, and humanoid robotics, they are increasingly relying on Fort’s solutions. [Read more…] about Fort Robotics raises $18.9 million in new funding to bring total to $60.5 million

Trump sons launch SPAC to invest $300 million in US manufacturing

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Eric Trump and Donald Trump Jr. have joined forces as advisers to a new special-purpose acquisition company (SPAC), New America Acquisition I Corp., which launched a filing Monday for a $300 million IPO on the New York Stock Exchange targeting US manufacturers.

According to the SEC filing, the SPAC aims to acquire one or more businesses with a combined enterprise value of at least $700 million, focusing specifically on companies that contribute to revitalizing domestic manufacturing, strengthening critical supply chains, and expanding innovation ecosystems, especially in sectors like aerospace and critical minerals.

Eric Trump holds three million founder shares and Donald Trump Jr. two million founder shares in New America, collectively valued potentially in the multi-million‑dollar range upon successful deals. [Read more…] about Trump sons launch SPAC to invest $300 million in US manufacturing

Agibot secures strategic investment from LG Electronics and Mirae Asset

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Chinese humanoid robot developer Agibot has completed a new round of strategic financing, drawing investment from South Korea’s LG Electronics and Mirae Asset, according to reports by Reuters and Yicai Global.

The investment marks LG’s first move into the “embodied intelligence” sector – an area encompassing humanoid robots and AI systems that interact physically with the real world.

It also represents the first global investment from the Mirae Asset-LG Electronics New Growth Fund, which focuses on emerging technologies. Agibot did not disclose the amount raised or the valuation implied by the funding round. [Read more…] about Agibot secures strategic investment from LG Electronics and Mirae Asset

Doosan Robotics acquires 90 per cent stake in US-based integrator ONExia for $26 million

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Doosan Robotics is stepping up its transformation into a global intelligent robot solutions provider, advancing a multifaceted growth strategy that includes international acquisitions, expert recruitment, and organizational realignment – all aimed at leading the emerging Physical AI era.

In its latest move, Doosan Robotics’ board of directors approved the acquisition of an 89.59 percent stake in ONExia, a US-based robotics system integrator and automation engineering firm headquartered in Pennsylvania.

The deal, valued at approximately $25.9 million (KRW 35.6 billion), was formalized with a stock purchase agreement (SPA) and participation in a capital increase. [Read more…] about Doosan Robotics acquires 90 per cent stake in US-based integrator ONExia for $26 million

Embedl raises €5.5 million to develop AI in embedded systems

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Swedish deeptech company Embedl has raised €5.5 million in a pre-series A funding round from Chalmers Ventures, Fairpoint Capital, SEB Greentech, Spintop Ventures, and STOAF.

After spinning out from Chalmers University of Technology, and kicking off commercial operations in 2022, Embedl has helped innovative startups and some of the world’s largest corporates, such as Kodiak Robotics and Bosch to optimize their products’ AI inference efficiency.

With the new funding, Embedl will accelerate the commercialisation and launch of its SaaS platform, the Embedl Hub. [Read more…] about Embedl raises €5.5 million to develop AI in embedded systems