Robotics & Automation News

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funding

Olis Robotics secures $4 million funding to meet ‘surging demand’ for remote robot management

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Olis Robotics, specialists in remote monitoring, control, and error recovery technology for industrial robots, has raised $4.1 million funding in a round led by PSL Ventures.

Additional investors include Tectonic Ventures, Ubiquity Ventures, as well as several prominent strategic angel investors, including robotics pioneer Daniel Theobald, the president and co-founder of MassRobotics and founder and chairman of Vecna Robotics.

By safely enabling remote monitoring, control, and troubleshooting of industrial robots, Olis Robotics’ unique “Olis Connect” system significantly improves Overall Equipment Effectiveness (OEE), effectively addressing costly robot downtime. [Read more…] about Olis Robotics secures $4 million funding to meet ‘surging demand’ for remote robot management

Neura Robotics raises $55 million in fresh capital

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Neura Robotics, an emerging AI and robotics startup, has closed a $55 million funding round, led by European investors Lingotto, an investment management company owned by Exor, Vsquared Ventures, Primepulse and HV Capital.

Neura Robotics has risen to become a global pioneer in cognitive robotics in just three years and claims innovation leadership in the industry.

As the first company to combine AI and robotics, Neura unveiled the world’s first market-ready cognitive cobot shortly after its founding. [Read more…] about Neura Robotics raises $55 million in fresh capital

Simbe Robotics raises $28 million in Series B funding

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Simbe Robotics, the company leveraging AI and robotics to elevate the performance of retailers with real-time insights into inventory and operations, has closed a Series B equity financing round of $28 million, led by Eclipse.

As one of the premier venture firms specializing in the digital transformation of essential physical industries that impact daily life, Eclipse brings invaluable knowledge and expertise that will propel Simbe through its next phase of growth.

Their investment marks a vote of confidence in emerging retail and grocery technologies, and will enable Simbe to meet rising global customer demand, enter future product areas, expand its team, and continue delivering value to new and existing partners by optimizing both in-store and e-commerce operations. [Read more…] about Simbe Robotics raises $28 million in Series B funding

Realtime Robotics raises $9.5 million in additional funding

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Realtime Robotics, a developer of collision-free autonomous motion planning for industrial robots, today announced that it has secured an additional $9.5 million in funding from Shinhan GIB and Kyobo Life Insurance.

Driven by the strong response to its RapidPlan industrial robotics motion control and collision avoidance software, Realtime will use this additional investment to drive further product enhancements, incorporate feedback from customers and partners, and scale to support additional go-to-market efforts.

RapidPlan reduces the annual costs of robotic automation by two-thirds and makes the robot programming process up to 5x faster, all while eliminating collisions and removing the majority of manual, time-consuming adjustments. [Read more…] about Realtime Robotics raises $9.5 million in additional funding

Autonomous electric truck startup Fernride raises $31 million in Series A funding

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Fernride, a German autonomous, electric trucking company, has secured $31 million in Series A funding to accelerate the transition towards automated and sustainable logistics by creating the world’s leading human-machine collaboration technology.

Fernride’s unique approach has already convinced leading industry players such as Volkswagen, DB Schenker, BSH, and HHLA. The company has integrated automated trucks into the productive operations of these enterprises over the past 12 months.

The latest funding will be used to scale Fernride’s operations with existing and new customers globally and boost the technological development of their unique approach to human-assisted autonomy. [Read more…] about Autonomous electric truck startup Fernride raises $31 million in Series A funding

Decoding BTC Price Links to Funding Rates

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To navigate the complex cryptocurrency market, grasp the connection between Bitcoin price and funding rates. This guide explores their impact on traders and trends.

Use automated trading platforms such as Quantum Trade Wave, leveraging advanced algorithms for potential profits in understanding BTC price and funding rates. [Read more…] about Decoding BTC Price Links to Funding Rates

Fostering the Growth of New Businesses: Strategies for Success in Today’s Market

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In today’s rapidly evolving business landscape, the growth of new businesses plays a crucial role in driving innovation, creating job opportunities, and stimulating economic growth.

However, launching and nurturing a startup comes with a unique set of challenges and uncertainties. From ideation to execution and beyond, successful entrepreneurs need to be prepared to navigate a complex journey to establish and grow their ventures.

This article explores the essential components and strategies for fostering the growth of new businesses in the current dynamic market. [Read more…] about Fostering the Growth of New Businesses: Strategies for Success in Today’s Market

ANYbotics raises $50 million in Series B investment

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ANYbotics, a Swiss robotics startup specialising in four-legged mobile robots, have raised $50 million in Series B investment.

The funding round was led by international deep tech investors Walden Catalyst and NGP Capital with participation from Bessemer Venture Partners, Aramco Ventures, Swisscom Ventures, Swisscanto Private Equity, and other existing investors.

The funds will be used to scale deployments internationally, fuel the development of new capabilities, and solidify ANYbotics’ leading competitive position in robotic inspection solutions. [Read more…] about ANYbotics raises $50 million in Series B investment

Swiss agritech startup Ecorobotix raises $52 million in new funding

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Ecorobotix, the Swiss manufacturer of ARA, an AI powered plant-by-plant recognition and a precision smart sprayer system, has completed a $52 million (CHF 46 million) funding round.

The round was jointly led by AQTON Private Equity and Cibus Capital, with additional investments from Swisscanto Invest/Swisscanto Growth Fund I, Yara Growth Ventures, Flexstone Partners, and from existing investors including Swisscom Ventures, BASF Venture Capital, 4FOX Ventures, and Verve Ventures.

The funding will accelerate Ecorobotix’s geographic expansion across new and existing markets and accelerate new product development. [Read more…] about Swiss agritech startup Ecorobotix raises $52 million in new funding

Carbon Robotics raises $30 million in funding to scale its AI-powered LaserWeeder platform

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Carbon Robotics, a provider of AI-powered robotics to the agricultural sector, has closed $30 million in Series C financing from new lead investor Sozo Ventures along with existing investors Anthos Capital, Fuse Venture Capital, Ignition Partners, Liquid2 and Voyager Capital.

The funding will be used to expand sales regions in North America, optimize and scale manufacturing, develop new software and hardware products, and launch into international markets. This latest round of financing brings Carbon Robotics’ overall funding to $67 million.

Rob Freelen, managing director of Sozo Ventures, says: “Carbon Robotics’ elegant use of AI, computer vision, robotics and lasers is the only solution that enables farmers to reduce their most expensive line item – weed control – without damaging plants or the soil. [Read more…] about Carbon Robotics raises $30 million in funding to scale its AI-powered LaserWeeder platform