Robotics & Automation News

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financing

Truck loading and unloading robot maker Slip Robotics raises $28 million financing

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Slip Robotics, a startup providing automated truck-loading robots-as-a-service, has raised a $28 million Series B financing led by DCVC, a Silicon Valley venture capital firm specializing in deep tech.

The investment reflects Slip’s rapid growth with industry-leading customers – including John Deere, GE Appliances, Valeo, and Nissan – who are using SlipBots to load and unload any truck in just 5 minutes.

Slip Robotics is tackling one of the supply chain’s universal inefficiencies: truck loading and unloading. For over 100 years, truck trailers have been loaded and unloaded using the same basic methods. [Read more…] about Truck loading and unloading robot maker Slip Robotics raises $28 million financing

Neura Robotics secures €120 million in funding to commercialize humanoids

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Neura Robotics, a cognitive robotics pioneer and thought to be “the only humanoid robotics company in Germany”, has raised €120 million in a Series B funding round.

This substantial investment underscores Neura Robotics’ key role in cognitive robotics, showing how it is uniquely positioned to lead the European robotics industry and become a major force in the global robotics landscape, alongside strong players in the US and China.

The round was led by Lingotto Investment Management, with participation from BlueCrest Capital Management, Volvo Cars Tech Fund, InterAlpen Partners, Vsquared Ventures, HV Capital, Delta Electronics, C4 Ventures, L-Bank, founder David Reger, and others. [Read more…] about Neura Robotics secures €120 million in funding to commercialize humanoids

Deus Robotics secures $3 million investment to enable robot interoperability for warehouses

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Deus Robotics, a provider of warehouse robotic automation, has closed a $3 million seed funding round led by U.Ventures, with participation from 1991 Ventures, SID Venture Partners, Sigma Software Labs, and SD Capital.

The company offers an end-to-end robotic automation solution consisting of a unique AI platform that enables seamless integration, management, and optimization of robots from any manufacturer, and an advanced fleet of AI-enhanced robots from a variety of manufacturers to meet the majority of warehouse automation needs.

Deus Robotics seeks to leverage the funding to fine-tune its product and fuel robotic adoption across the warehouse industry, primarily in the UK. [Read more…] about Deus Robotics secures $3 million investment to enable robot interoperability for warehouses

How to Resolve Window Condensation

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Condensation on windows is a common winter phenomenon, and not necessarily indicative of air sealing or window replacement need.

Modern double and triple paned windows often include an inert gas layer (usually argon) between their glass panes to reduce condensation risk and avoid dew point reaching its dew point and creating condensation on their panes. [Read more…] about How to Resolve Window Condensation

Financing AI Innovation in Agriculture

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The agriculture sector is riding the waves of a technological revolution, with artificial intelligence (AI) as a beacon of innovation and efficiency. AI is transforming how we grow, harvest, and manage crops, using data-driven insights to enhance productivity and sustainability.

Imagine being able to predict weather patterns, insect infestations, and crop yields with remarkable accuracy – AI makes this possible. According to recent studies, predictive analytics in agriculture, powered by AI, can boost crop yields by up to 25 percent.

This comprehensive guide explores the financial mechanisms that support AI innovations in agriculture. It will provide valuable insights into how businesses can strategically manage their finances to foster growth. [Read more…] about Financing AI Innovation in Agriculture

Outrider raises another $62 million to drive growth of yard automation

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Outrider, a developer of autonomous yard operations for logistics hubs, has raised $62 million in an oversubscribed Series D financing round.

The round was led by Koch Disruptive Technologies (KDT) and New Enterprise Associates (NEA), with additional investments from 8VC, ARK Invest, B37 Ventures, FM Capital, Interwoven Ventures, NVentures (Nvidia’s venture capital arm), and Prologis Ventures.

This funding will drive the commercial scaling of Outrider’s autonomous yard operations as a service with Fortune 500 customers in 2025 and solidify its position at the forefront of logistics automation. [Read more…] about Outrider raises another $62 million to drive growth of yard automation

Formic raises $27.4 million to ‘bring automation to more manufacturers’

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Formic, a provider of Robots-as-a-Service (RaaS) automation for US manufacturers, has raised another $27.4 million in Series A financing led by Blackhorn Ventures with participation from Mitsubishi HC Capital America, NEC, Translink Capital, Alumni Ventures, FJ Labs, Lux Capital, Initialized Capital and Lorimer Ventures.

This new funding brings the total Series A round to more than $52 million since January 2022.

Formic delivers fully supported robotic automation at a low hourly rate, including deploying the system and providing continuous monitoring and maintenance throughout the engagement to ensure success. [Read more…] about Formic raises $27.4 million to ‘bring automation to more manufacturers’

Neura Robotics secures $16 million from InterAlpen Partners

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Neura Robotics, an emerging AI and robotics startup based in Germany, has closed a $16 million investment round with American private equity firm InterAlpen Partners.

This comes less than three months after the German company closed a $55 million funding round with leading European investors, garnering recognition from the New York Stock Exchange. InterAlpen’s investment in Neura will bolster its growth and expansion into the US market.

Robots based on the Neura Robotics platform are able to see, hear and perceive touch. Combined with reflexive sensory processing, these capabilities are essential for autonomous and predictive action. [Read more…] about Neura Robotics secures $16 million from InterAlpen Partners

Fernride raises $50 million in Series A funding to scale autonomous yard trucking

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Germany-based autonomous trucking innovator Fernride has closed a further $19 million in its Series A funding, pushing the total round amount to $50 million.

This comes as the company strengthens its focus on advancing the transition towards automated and sustainable logistics by creating the world’s leading human-machine collaboration technology.

The funding increase will further cement Fernride’s position as a leader in autonomous, electric trucking by accelerating its growth. [Read more…] about Fernride raises $50 million in Series A funding to scale autonomous yard trucking

Serve Robotics raises $30 million financing to scale robotic delivery

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Serve Robotics, a developer of autonomous sidewalk delivery robots, has raised another $30 million in financing, bringing the company’s total funds raised to over $56 million.

Concurrent with the raise of new capital and conversion of existing convertible notes, Serve also completed a reverse merger with Patricia Acquisition, a public Delaware corporation, whereby Serve became a wholly owned subsidiary of Patricia.

Following the transaction, Patricia changed its name to Serve Robotics and will continue the historic business of Serve. [Read more…] about Serve Robotics raises $30 million financing to scale robotic delivery