Robotics & Automation News

Where Innovation Meets Imagination

investment

Realtime Robotics raises $31.4 million in Series A funding round

by

Realtime Robotics, a developer of motion planning software for industrial robots, has completed its $31.4 million Series A round.

New strategic investors including HAHN Automation and SAIC Capital Management, as well as new institutional investors Soundproof Ventures and Heroic Ventures, join existing investors SPARX Asset Management, Omron Ventures, Toyota AI Ventures, Scrum Ventures and Duke Angels in concluding this round.

Realtime Robotics says it was founded to transform automation with flexible robot control capabilities, built on its innovative, real-time collision-free motion planning technology. [Read more…] about Realtime Robotics raises $31.4 million in Series A funding round

What is Digital Transformation and What’s the Importance of it for Modern Businesses

by

We were eventually going to fully rely on technology, it has been a long time coming, but the pandemic was the tipping point. It simply highlighted how essential technology is to keep a business afloat.

Nowadays, more and more businesses are trying to use software wherever possible, so they’d have more time and effort to advance. It’s the growing culture of digital transformation, and this is what you need to know about it. [Read more…] about What is Digital Transformation and What’s the Importance of it for Modern Businesses

Robotic 3D metal printing startup MX3D raises €2.25 million in new funding

by

Innovative robotic 3D metal printing company MX3D has raised €2.25 million to scale up and launch its M1 Metal Additive Manufacturing System.

DOEN Participaties, PDENH and the Netherlands Enterprise Agency took part in the investment round in MX3D, which is based in Holland and is famous for building a 3D printed bridge across a canal.

The funds will be used to launch the M1, a complete robotic metal AM system, including a welding robot, software and control system to 3D print metal parts in-house. [Read more…] about Robotic 3D metal printing startup MX3D raises €2.25 million in new funding

Toyota-backed investment fund Woven Capital buys stake in Nuro

by

Woven Capital, an $800 million global investment fund established by the Toyota Research Institute, has made an equity investment in Nuro, a robotics company developing autonomous delivery vehicles.

The investment is part of Nuro’s Series C round of funding, advancing its work in designing and engineering self-driving road vehicles to transform local commerce through autonomous delivery.

The exact amount of the investment has not been made public. [Read more…] about Toyota-backed investment fund Woven Capital buys stake in Nuro

Top Ways to Find Out How Much Money You Should Invest in Home Repair

by

Working out how much money to invest in home repairs can be difficult.

There are a lot of questions that come with it and a lot of repair route options to consider. Some repairs may be done for aesthetic reasons and some might be done out of necessity.

So if you are unsure of how much money you should be investing in home repair, here are four top ways to find out what your budget should be. [Read more…] about Top Ways to Find Out How Much Money You Should Invest in Home Repair

CapStone invests $10 million in Perrone Robotics

by

CapStone Holdings, a business incubator and investment group, has made a $10 million equity investment in Perrone Robotics, a provider of fully autonomous vehicle systems. 

Perrone delivers autonomous mobility through what it says is “the world’s first and only patented general purpose robotics operating system and autonomous vehicle retrofit kit” (TONY).

TONY embeds inside any vehicle for any job, to provide an “artificial driver” solution that brings full autonomy in a safety certifiable framework for the right vehicle platform. [Read more…] about CapStone invests $10 million in Perrone Robotics

A Complete Breakdown of the Online Investment Concept

by

The modern world of investment opportunities is filled with an abundance of different notions that will help users easily achieve all of their goals.

This is of great importance, especially if you are just now starting the process of investment. Having all of this in mind, if you want to reach all of the goals that you want to achieve regarding the world of stock investment, then you should make sure that you have the right approach at hand.

This notion will help you establish the perfect starting point that will ultimately lead you to success. As mentioned above, the latest features that are incorporated into this whole segment are tied with the most recent technological updates. This way the creation of the online investment concept is born. [Read more…] about A Complete Breakdown of the Online Investment Concept

Top robotics companies to invest in right now

by

Given the current global climate, there has never been a better time to invest in robotic and artificial intelligence stocks.

Robotics and the increasing use of automation represent some of the most exciting invest opportunities for traders in the coming years.

The makers of robotics understand this and know there is a need to improve the efficiency of production in several sectors of the overall economy. [Read more…] about Top robotics companies to invest in right now

GM to invest $800 million to convert existing facility into Canada’s first large-scale commercial EV plant

by

American auto giant General Motors to invest $800 million to convert one of its existing facilities into Canada’s first large-scale commercial electric vehicle manufacturing plant.

Subject to ratification of a tentative 2021 agreement reached with Unifor and confirmation of government support, GM plans to bring production of its recently announced BrightDrop electric light commercial vehicle, the EV600, to its CAMI manufacturing plant in Ingersoll, Ontario (main picture, courtesy 3BL Media).

The nearly $800 million (1 billion Canadian dollar) investment will support GM’s timing to deliver BrightDrop EV600 in late 2021. The investment will enable GM to convert CAMI into Canada’s first large-scale electric delivery vehicles manufacturing plant. [Read more…] about GM to invest $800 million to convert existing facility into Canada’s first large-scale commercial EV plant

South Korea looks to strengthen position in global autonomous vehicles market with billion-dollar investment

by

South Korea is looking to strengthen its position in the global autonomous vehicles market with an investment of 1.1 trillion South Korean won, which equates to about $1 billion.

The investment calls for the development of “level 4” autonomous cars, according to the Ministry of Science and ICT, according to a report on the Korean Times website.

Level 4 autonomy – as defined by the SAE – means that a car is capable of driving itself but is designed to be ultimately controlled by a human driver. [Read more…] about South Korea looks to strengthen position in global autonomous vehicles market with billion-dollar investment