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Adaptronics raises €3.15 million to ‘revolutionize robotic manipulation’

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Adaptronics, a deep tech startup specializing in electro-adhesive grippers for robotic systems with industrial automation and space applications, announces the closing of a €3.15 million round.

The round was led by European venture capital fund, 360 Capital, alongside Galaxia, the Technology Transfer Hub for Aerospace, created by CDP Venture Capital’s Tech Transfer fund together with Obloo Ventures, which had already invested in the pre-seed round in 2023.

The funds raised will support Adaptronics’ growth by strengthening its production capacities, accelerating European market expansion, and consolidating its organizational structure. [Read more…] about Adaptronics raises €3.15 million to ‘revolutionize robotic manipulation’

Mimic Robotics raises $16 million to deploy ‘frontier physical AI’ across industries

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Mimic Robotics, a Zurich-based startup which prefers lower-case m, has raised $16 million in funding led by Elaia, alongside Speedinvest, to deploy its “frontier physical AI” across industries, enabling robots to handle complex, dexterous tasks that conventional machines cannot.

This heavily oversubscribed seed round also included participation from Founderful, 1st kind, 10X Founders, 2100 Ventures and Sequoia Scout Fund, bringing mimic’s total funding to over $20 million.

The new capital will accelerate the development of mimic’s foundation AI model and humanoid robotic hands, and advance deployments with leading global industry players. [Read more…] about Mimic Robotics raises $16 million to deploy ‘frontier physical AI’ across industries

Applied Materials makes ‘strategic investment’ in Augmentus

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Augmentus, the Singapore-based pioneer in AI-robotics and adaptive automation, has announced a strategic investment from Applied Ventures, the venture capital arm of Applied Materials.

This investment marks a significant milestone in Augmentus’ mission to enable intelligent, autonomous robotics for high-mix, high-variability manufacturing across the globe.

At the heart of Augmentus’ innovation is its flagship AutoPath robotics stack, designed to be both the eyes and the brains of industrial robots. The system combines advanced 3D vision with adaptive intelligence to give robots an unprecedented ability to perceive, understand, and act. [Read more…] about Applied Materials makes ‘strategic investment’ in Augmentus

Ardian acquires stake in JPB Système to boost aerospace innovation and Industry 4.0 growth

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Private investment firm Ardian has acquired a minority stake in JPB Système, a French manufacturer of self-locking fastening solutions for aircraft engines and a growing player in Industry 4.0 technologies.

The partnership between Ardian’s Growth team and JPB Système CEO Damien Marc aims to accelerate the company’s international expansion, strengthen its innovation strategy, and support its technological development in both aerospace and industrial markets.

Founded in 1995 and headquartered in Seine-et-Marne, JPB Système employs nearly 200 people and generates more than 90 percent of its revenue internationally. [Read more…] about Ardian acquires stake in JPB Système to boost aerospace innovation and Industry 4.0 growth

Chinese humanoid robot maker Leju Robot secures $207 million in pre-IPO funding

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Leju Robot, a Chinese company developing humanoid robots, has completed a major pre-IPO funding round of 1.5 billion yuan (approximately $207 million) to fuel its mass production plans and prepare for a public listing.

According to a report from the financial news agency Cailianshe, the substantial round was led by Beijing-based Greenwoods Asset Management.

The investment was secured directly by the Leju Robot entity rather than its parent company Suzhou Lean Technology, indicating a corporate restructuring ahead of its anticipated market debut. [Read more…] about Chinese humanoid robot maker Leju Robot secures $207 million in pre-IPO funding

Geekplus post-IPO: Warehouse robotics enters the mainstream

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Geekplus, the Chinese autonomous mobile robot (AMR) specialist, made headlines in July when it listed on the Hong Kong Stock Exchange.

The company became the first publicly traded AMR warehouse robotics provider, raising HK$2.71 billion (about $350 million) in the process.

Now, three months on, investors and analysts are beginning to weigh in. The company has posted its first set of interim results as a public business, while broker coverage is starting to emerge with bullish targets.

The question is whether the enthusiasm around Geekplus’ debut is matched by fundamentals. [Read more…] about Geekplus post-IPO: Warehouse robotics enters the mainstream

InOrbit.AI secures $10 million Series A funding to scale robot orchestration platform

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InOrbit.AI, a provider of robot orchestration software, has announced the successful closure of its $10 million Series A funding round, co-led by L’Attitude Ventures and Globant Ventures, the corporate venture capital fund of Globant.

The capital infusion will accelerate the development of InOrbit’s innovative robotics software platform and strategically expand its market presence across key industries, including manufacturing, logistics, retail and hospitality.

In an era of unprecedented challenges for enterprises, from persistent labor shortages to complex supply chain risks, businesses are increasingly turning to automation for resilience and efficiency. [Read more…] about InOrbit.AI secures $10 million Series A funding to scale robot orchestration platform

Autonomous truck technology company Kodiak to go public tomorrow

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Kodiak AI, a provider of AI-powered autonomous vehicle technology, today announced that Kodiak Robotics, Inc. successfully completed its business combination with Ares Acquisition Corporation II (NYSE: AACT) (“AACT”), a publicly traded special purpose acquisition company.

The business combination was approved by AACT shareholders on September 23, 2025. In connection with the closing, AACT was renamed Kodiak AI, Inc.

Kodiak AI, Inc.’s common stock and public warrants are expected to begin trading on The Nasdaq Stock Market LLC (the “Nasdaq”) on September 25, 2025 under the ticker symbols “KDK” and “KDKRW”, respectively. [Read more…] about Autonomous truck technology company Kodiak to go public tomorrow

Figure raises over $1 billion in Series C funding at $39 billion valuation

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Humanoid robotics company Figure has secured more than $1 billion in committed capital through its latest Series C financing round, reaching a post-money valuation of $39 billion.

The company said the funding will accelerate its efforts “to bring general-purpose humanoid robots into real-world environments at scale.”

The round was led by Parkway Venture Capital and included significant participation from Brookfield Asset Management, Nvidia, Macquarie Capital, Intel Capital, Align Ventures, Tamarack Global, LG Technology Ventures, Salesforce, T-Mobile Ventures, and Qualcomm Ventures. [Read more…] about Figure raises over $1 billion in Series C funding at $39 billion valuation

Tata Technologies to acquire ES-Tec Group for €75 million

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Tata Technologies, a product engineering and digital services company, has entered into a definitive agreement to acquire 100 percent equity shares of ES-Tec GmbH and its subsidiaries (collectively, ES-Tec Group) for a total cash consideration of €75 million.

The consideration will be paid over the next two years and includes performance-based earn-outs linked to strategic milestones. The transaction is expected to be EPS accretive from the first full year of operations itself.

Founded in 2006 and headquartered in Wolfsburg, Germany, ES-Tec Group is a premium automotive engineering services provider with deep domain expertise in Driver Assistance Systems (ADAS), Comfort Electronics, and E-Mobility. [Read more…] about Tata Technologies to acquire ES-Tec Group for €75 million