Market trends and business perspectives
Exotec, a warehouse robotics startup, has raised $335 million in Series D funding, and is now valued at $2 billion.
The Growth Equity business within Goldman Sachs Asset Management led the round with follow-on investments from 83North and Dell Technologies Capital.
Exotec says it will use the funds to continue to launch large-scale deployments in North America, Europe, and Asia for global brands. [Read more…] about Exotec raises $335 million in Series D funding for its warehouse robots
ForwardX Robotics, a Beijing-based developer of autonomous mobile robots for warehousing and manufacturing environments, has completed its initial Series C1 funding round, raising $31 million.
The initial round was led by Taikang Life Insurance, with Qualcomm Ventures and Starlight Capital also contributing to the round.
Only seven months after the close of its $63 million Series B round, the latest round of funding brings ForwardX to approximately $100 million in total investment since its founding in 2016. [Read more…] about ForwardX Robotics raises $31 million in Series C funding round
Flytrex, an on-demand drone delivery for food and retail, has expanded its drone delivery service to Holly Springs, North Carolina.
In partnership with Causey Aviation Unmanned, the Federal Aviation Administration, the North Carolina Department of Transportation, The Town of Holly Springs, and Kite Realty Group Trust, Flytrex has begun delivering food orders via drone in partnership with Brinker International – owner of Chili’s Grill & Bar, It’s Just Wings and Maggiano’s Little Italy – at the Holly Springs Towne Center to front and backyards in the neighborhood of Forest Springs.
Flytrex’s newest service caters to dozens of households in the area who have opted into the service. Flytrex will conduct all flights under Part 107, within visual line of sight, maintaining the highest safety standards. [Read more…] about Flytrex expands drone food delivery service to Holly Springs, North Carolina
North Carolina Agricultural and Technical State University (A&T) and its food services provider, Sodexo, have partnered with robot maker Starship Technologies to roll out the university’s food delivery service via autonomous robots.
A&T is the first historically Black college or university to partner with Starship, as well as its first partnership in North Carolina.
Starship’s fleet of 20 autonomous, on-demand robots will deliver from three campus eateries: Qdoba, 1891 Bistro and the new Paavo’s Pizza with the goal to expand additional retail locations by next spring. [Read more…] about Starship Technologies launches North Carolina’s first robotic delivery service
Flow Robotics, a Denmark-based designer and producer of robots for automated liquid handling and the creator of the flowbot One, has established its North American subsidiary, with operations in Princeton, New Jersey.
The company’s first product, the flowbot One, is designed to transform how liquid handling responsibilities are performed in the laboratory by automating manual pipetting tasks.
The robot will be showcased for the first time in the US at the SLAS 2021 Americas Sample Management Hybrid Symposium September 9-10 in La Jolla, California. [Read more…] about Flow Robotics brings its automated pipetting robot to North America
Gatik has raised investment of $85 million in Series B funding to “significantly expand North America’s first autonomous middle mile logistics network”.
The company says the round was “heavily oversubscribed” and brings the total amount raised by Gatik to $114.5 million.
The round was led by new investor Koch Disruptive Technologies (KDT), renowned for supporting high-growth companies that disrupt current market alternatives with demonstrated technology. [Read more…] about Gatik raises $85 million in Series B funding for its autonomous delivery trucks
Sarcos Robotics, a developer of exoskeletons and other robotic systems, has signed up Pine Environmental Services as an official distributor.
Pine Environmental is a professional services company providing equipment for environmental monitoring, nondestructive testing, visual inspection, and continuous emissions monitoring.
The agreement will see Pine Environmental become an official distributor of the award-winning Guardian S remote visual inspection and surveillance robot. [Read more…] about Sarcos Robotics signs up Pine Environmental as distribution partner
The global market for agriculture robots is expected to quadruple in size by 2026, according to a report by Research Dive.
The agriculture robot market size was $4,082.8 million in 2018, and is expected to reach $16,640.4 million by 2026, and will grow at a compound annual growth rate of 19.2 percent.
North America region generated a revenue of $ 1,469.8 million in 2018, and is expected to grow at a CAGR of 18.9 percent. [Read more…] about Global agriculture robot market expected to quadruple in size by 2026
To better address demand for its popular ActiNav flexible machine loading system, Universal Robots has “handpicked” a number of integrators as ActiNav solutions providers.
Today, solutions for unstructured picking and placing of parts into machines are solely focused on the vision aspect, often requiring additional programming to bridge the gap from “pick” to “place” – especially if the “place” is not just dropping into a box but accurately inserting parts into fixtures for further processing.
Universal says its ActiNav product changes all that, combining real-time autonomous motion control, Universal Robots cobots, vision and sensor systems in one seamless Application Kit that solves the random bin picking challenge in machine tending applications. [Read more…] about Universal Robots handpicks systems integrators to implement ActiNav next-generation machine loading
Gatik and Isuzu North America have agreed to collaborate on a project to develop and evaluate fully autonomous medium-duty trucks.
Gatik claims to be the “industry leader” in automating on-road transportation networks for business-to-business middle-mile logistics.
Isuzu has consistently been at the forefront of truck evolution, introducing iconic models of superlative quality and reliability in the US and Canadian markets. [Read more…] about Gatik and Isuzu partner to develop fully autonomous trucks
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