Robotics & Automation News

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funding

TypingDNA Aims to Increase the Adoption of Behavioral Biometrics Worldwide

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Behavioral biometrics company TypingDNA has announced a successful funding round, capping at $7,000,000.

TypingDNA was founded in Romania in 2016. Since 2018 they have a branch in New York and have raised around $8.8 million to date. Google’s AI-focused venture fund, Gradient Ventures, and EU-based fund GapMinde led the latest funding round.

With their funding secured, TypingDNA hopes to expand the adoption of behavioral biometrics worldwide. They will start by increasing the number of platforms their API can integrate with. [Read more…] about TypingDNA Aims to Increase the Adoption of Behavioral Biometrics Worldwide

Naïo Technologies raises €14 million for farm robot business

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Startup company Naïo Technologies has raised €14 million in a new funding round to develop and expand its farming robots business.

After a first round of €3 million in 2015, the French start-up Naïo Technologies specialized in agricultural robots, announces the closing of a €14 million funding round led by Bpifrance.

Impact investor Pymwymic and Codema and its historical shareholders, Demeter and Capagro, flanked Bpifrance in this investment round. [Read more…] about Naïo Technologies raises €14 million for farm robot business

May Mobility raises $50 million in funding round led by Toyota

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May Mobility, an autonomous transportation-as-a-service provider, has closed a $50 million Series B funding round led by Toyota.

There was also participation from Sparx Group, alongside return investors Millennium Technology Value Partners, Cyrus Capital Partners, BMW iVentures, and Toyota AI Ventures.

The company says the round will help fund strategic hires across the engineering and operations functions, and expansion of the vehicle fleet to meet growing demand. [Read more…] about May Mobility raises $50 million in funding round led by Toyota

Gecko Robotics raises $40 million in funding for energy infrastructure inspection robots

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Gecko Robotics has raised $40 million in funding to develop its energy infrastructure inspection robots.

A Y-Combinator alum, Gecko Robotics raised the $40 million in its Series B round, which was led by Drive Capital.

Gecko already partners with the largest brands in power, oil and gas and manufacturing industries. [Read more…] about Gecko Robotics raises $40 million in funding for energy infrastructure inspection robots

Osaro raises $16 million to develop machine learning for industrial automation

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Osaro, a developer of machine learning software for industrial automation – especially robotic picking and vision, has raised $16 million in Series B funding.

The round was conducted with participation from King River Capital, Alpha Intelligence Capital, Founders Fund, Pegasus Tech Ventures, GiTV Fund, and existing investors as well as strategics, bringing total funding to $29.3 million.

Co-founder and CEO Derik Pridmore says the funds will be used to invest in talent acquisition, international deployments, and advancing the Osaro Pick and Osaro Vision product lines to meet customer demands. [Read more…] about Osaro raises $16 million to develop machine learning for industrial automation

Diligent Robotics raises $3 million seed funding to launch Moxi the hospital robot

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Startup company Diligent Robotics has raised $3 million in seed funding to launch “Moxi”, the company’s hospital robot.

Diligent Robotics describes itself as an artificial intelligence company which builds socially intelligent robots that help people with their jobs.

Its first product, hospital robot assistant named Moxi, is now out of beta and into market, beginning with the roll-out of Moxi into a Texas hospital starting October 2, 2019. [Read more…] about Diligent Robotics raises $3 million seed funding to launch Moxi the hospital robot

Autonomous vehicles simulator Applied Intuition raises $40 million in funding

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Applied Intuition, a provider of a simulation platform for autonomous vehicle development, has raised $40 million in Series B financing.

The funding round was led by General Catalyst with participation from Kleiner Perkins, M12 (Microsoft), Sozo Ventures, and La Famiglia.

Previous investors, Andreessen Horowitz, Lux Capital, and Floodgate, also participated in this round. [Read more…] about Autonomous vehicles simulator Applied Intuition raises $40 million in funding

Micrologistics startup Takeoff Technologies raises $25 million

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Takeoff Technologies has closed its Series C fundraising with an additional $25 million in investment for 5 percent of the company, with a valuation of $500 million, bringing the total funds raised to $86 million.

The Series C funding was led by Forrestal Capital. This funding is set to propel a rollout scale across North America, Europe and Australia.

Takeoff is at the forefront of microfulfillment as the first and only solution provider with several operating sites in partnership with major grocery retail chains. [Read more…] about Micrologistics startup Takeoff Technologies raises $25 million

Self-driving tech startup Voyage Auto raises $31 million in funding

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A self-driving technology startup called Voyage Auto has raised $31 million in Series B funding.

The investment round was led by Franklin Templeton, with significant participation from Khosla Ventures, Jaguar Land Rover’s InMotion Ventures, and Chevron Technology Ventures.

The latest funding round brings Voyage Auto’s total capital raised to $52 million. [Read more…] about Self-driving tech startup Voyage Auto raises $31 million in funding

ESMERA opens €200,000 competition to fund small businesses developing robotics solutions

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The EU funded robotics project ESMERA – the European SMEs Robotics Applications – has opened its second open call to help fund small businesses developing robotic solutions for enterprise applications.

Within that call, industrial end-users have defined specific challenges that are to be solved by introducing a robotics solution.

The challenges come from the areas of manufacturing, energy, construction, agriculture, food processing, retail, healthcare and emergency response. [Read more…] about ESMERA opens €200,000 competition to fund small businesses developing robotics solutions