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funding

Supply chain robotics developer Photoneo raises $21 million in Series B funding

December 7, 2021 by Mark Allinson

Photoneo, a developer of robotics for warehouse tasks, has raised $21 million in new funding.

The new funding was from AI Capital, IPM Group, Earlybird, Venture to Future Fund, and Credo Ventures as well as all investors who participated in previous investment rounds.

The newly raised capital will accelerate 3D Sensor business and enable expansion of its fully automated fulfillment solutions for warehouses and dark stores – called BrightPick. [Read more…] about Supply chain robotics developer Photoneo raises $21 million in Series B funding

Filed Under: Logistics, News Tagged With: automated, automation, brightpick, centers, company, customer, e-commerce, fulfillment, fully, funding, future, group, investors, ipm, labor, Photoneo, processes, robotics, sector, smart, solutions, support, technologies, technology, vision

Delivery robot startup Serve Robotics raises $13 million in seed funding round

December 6, 2021 by Mark Allinson

Serve Robotics, an autonomous sidewalk delivery robot company, has closed a $13 million expanded seed funding round.

The companies participating were strategic investors Uber Technologies; Delivery Hero backed DX Ventures; 7-Eleven’s corporate venture arm, 7-Ventures; and Wavemaker Partners’ food automation focused venture studio Wavemaker Labs.

The new round extends Serve’s previous seed funding and includes participation by existing seed investors Neo, Western Technology Investment, and Scott Banister among others. [Read more…] about Delivery robot startup Serve Robotics raises $13 million in seed funding round

Filed Under: Logistics, News Tagged With: autonomous, company, convenience, delivery, eleven, funding, major, robot, robotics, round, scale, seed, self-driving, serve, strategic, sustainable, technology, uber, ventures, wavemaker

Autonomous driving software startup Helm.ai raises $26 million in new funding

November 24, 2021 by Mark Allinson

Helm.ai, creator of next-generation AI software for autonomous driving, today announced it has raised $26 million in series B funding.

This funding will help Helm.ai better serve its rapidly growing customer base, and accelerate product expansion of its highly scalable approach to autonomous driving software.

Additional funding in this round was from JM Partners, Base Capital Funding, and Freeman Group, with additional participation from Nicolas Berggruen, ACVC Partners, OneWay Ventures, Binnacle Partners, Nadia Asoyan, Vlad Tenev, Mark Leslie, Jeff Rothschild, and Neil King. [Read more…] about Autonomous driving software startup Helm.ai raises $26 million in new funding

Filed Under: Autonomous Vehicles, News Tagged With: adas, additional, autonomous, awards, driving, funding, helm.ai, leading, learning, partners, partnerships, software

SVT Robotics raises $25 million in Series A funding round led by Tiger Global

November 22, 2021 by Mark Allinson

SVT Robotics, whose software accelerates and simplifies the integration and implementation of robotics, has closed a $25 Million Series A funding round.

The investment was led by Tiger Global, with participation from Prologis Ventures.

Griffin Schroeder, partner at Tiger Global, says: “With no ‘plug-and-play’ integration solution for industrial robotics, warehouses and manufacturers have been prevented from quickly deploying the automation they need to keep pace with the dramatic shifts in labor dynamics we’ve seen over the past year. [Read more…] about SVT Robotics raises $25 million in Series A funding round led by Tiger Global

Filed Under: Computing, News Tagged With: adapt, automation, companies, company, crisis, experienced, funding, global, grow, interoperability, platform, problem, rapid, robotics, softbot, svt, technologies, tiger, ve, year

Medical robotics startup Clarapath raises $32 million in additional funding

November 17, 2021 by David Edwards

Clarapath, a robotics startup aimed at catalyzing change in the way pathology laboratories process human and animal tissues, has undertaken follow-on financing, extending its Series B round with an additional $15.5 million in funding, following the previous close of $16 million in Series B funding.

The round included The 4100 Group (the investment arm of Delta Dental), East Post Road Ventures (the investment arm of White Plains Hospital), Epiphron Capital, Northwell Ventures, P5 Health Ventures, and participation from other strategic organizations.

This brings the total raised to date by Clarapath to more than $38 million. [Read more…] about Medical robotics startup Clarapath raises $32 million in additional funding

Filed Under: Health, News Tagged With: better, biopsy, clarapath, clinical, costs, current, data, development, driving, funding, health, histology, human, lab, labor, manual, molecular, northwell, pathology, process, quality, sections, sectionstar, shortages, streamlined, tissue, ventures

Advanced Farm Technologies completes $25 million Series B funding round

September 22, 2021 by David Edwards

Advanced Farm Technologies, developers of robotic technology for farmers, has completed a series B investment round raising $25 million to support the company’s growth in strawberry harvesting and the adaptation of its technology to apple harvesting.

The Series B funding round was led by Catapult Ventures and included all the Series A investors Kubota Corporation, Yamaha Motor Corporation, and Impact Ventures.

Kyle Cobb, president, and co-founder of Advanced Farm Technologies, says: “It is gratifying to have the ongoing support and commitment from our early investors in this funding round. It reflects all of our team’s hard work to develop and bring our TX Strawberry Harvester to the market. [Read more…] about Advanced Farm Technologies completes $25 million Series B funding round

Filed Under: Agriculture, News Tagged With: advanced, apple, automation, bring, company, corporation, early, farm, farming, fields, fresh, fruit, funding, goodfarms, harvest, harvester, harvesting, investment, machine, market, partner, robotic, round, series, strawberry, success, support, team, technologies, technology, tx, ventures, work

Warehouse robotics startup Hai Robotics raises $200 million in funding

September 22, 2021 by Mai Tao

Hai Robotics, a Chinese warehouse robotics startup pioneering in autonomous case-handling robotics system, has secured two new continuous rounds of financing, generating more than $200 million in total.

The new money is to be invested in boosting Hai’s robot fleet with technological upgrades, expanding its global operation networks, optimizing its supply chain management and corporate structure as well as talent.

The C round funding was led by 5Y Capital with participation from Sequoia Capital China, Source Code Capital, VMS, Walden International and Scheme Capital. [Read more…] about Warehouse robotics startup Hai Robotics raises $200 million in funding

Filed Under: News, Warehouse robots Tagged With: acr, automation, capital, case-handling, chain, china, company, funding, global, growth, hai, haipick, including, logistics, market, robot, robotics, robots, round, sequoia, supply, system, technological, warehouse

Locus Robotics secures $50 million in additional funding 
to accelerate global expansion

September 18, 2021 by David Edwards

Locus Robotics, a provider of autonomous mobile robots for fulfillment warehouses, has secured $50 million in additional funding from existing investor Tiger Global Management.

The funds will be used to facilitate continued growth and expansion into new markets around the globe, and more effectively meet the needs of its growing customer and partner ecosystem.

Rick Faulk, CEO of Locus Robotics, says: “At a time of increasing volumes and ongoing labor shortages, this new round of funding underscores how critical flexible, scalable, intelligent robotics automation has become to the warehouse and the supply chain. [Read more…] about Locus Robotics secures $50 million in additional funding 
to accelerate global expansion

Filed Under: Logistics, News Tagged With: additional, customer, expansion, flexible, funding, global, growing, labor, locus, partner, robotics, round, tiger, volumes, warehouse

Ambi Robotics raises $26 million in Series A funding led by Tiger Global

September 18, 2021 by David Edwards

Ambi Robotics, a developer of AI for highly-dexterous robotics, has closed a $26 million Series A funding round. The investment is led by new investor, Tiger Global Management, and builds on participation from existing investors Bow Capital, Vertex Ventures US and The House Fund.

The new funding comes at a time of significant customer growth and expansions just five months after the company emerged from stealth.

The funding round enables Ambi Robotics to scale the team and operations to support rapid deployments of AI-powered robotic systems throughout US supply chain operations. [Read more…] about Ambi Robotics raises $26 million in Series A funding led by Tiger Global

Filed Under: Artificial Intelligence, News Tagged With: ai, ai-powered, ambi, associates, billion, bowes, company, customer, funding, global, growth, operations, parcel, pitney, robotic, robotics, series, support, systems, tiger, warehouse

Agricultural technology startup Carbon Robotics raises $27 million in new funding

September 1, 2021 by David Edwards

Carbon Robotics, an agriculture robotics company, has secured $27 million in Series B financing from Anthos Capital, Ignition Capital, Fuse Venture Partners and Voyager Capital to accelerate the company’s growth.

The funding will be used to scale production of the company’s products, including the Autonomous Weeder, grow its engineering team, establish regional support for customers across the US and invest in the innovation of new products and technology.

This latest round of financing brings the company’s overall funding to $36 million. [Read more…] about Agricultural technology startup Carbon Robotics raises $27 million in new funding

Filed Under: Agriculture, News Tagged With: agriculture, autonomous, capital, carbon, company, farmers, farms, financing, funding, growth, herbicide-resistant, products, robotics, scale, scollard, support, technology, weeder, weeds

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