Robotics & Automation News

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Hai Robotics raises more than $100 million in D+ financing round

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Hai Robotics, the developer of its own Autonomous Case-handling Robot (ACR) systems for warehouse logistics, has raised more than $100 million in a D+ round of financing.

The lead investor is Capital Today, and co-investors include a top US dollar fund and existing shareholders including 5Y Capital, Source Code Capital, Sequoia Capital and 01VC.

This is the third round of financing it has obtained within the past 12 months. [Read more…] about Hai Robotics raises more than $100 million in D+ financing round

Nonwoven materials event INDEX opens after 18-month wait

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INDEX20 opened its doors this week, after an 18-month wait, delighted to welcome the nonwoven industry back to Geneva with open arms. The exhibition floor was bustling with activity and anticipation at the prospect of new business.  

Over 500 exhibitors from 44 countries were present at the event, premiering their latest innovations. Organisers say the resounding message from the event was one of “a positive outcome and an inspiring vision” of the industry’s future across the spectrum of applications sectors.

The industry continued to evolve dramatically during the pandemic, and expectations were high as players from across the industry worldwide came together for the first time since 2017. Exhibitors said their expectations were exceeded, citing the high quality of the visitors present, converging on INDEX to conclude new business projects. [Read more…] about Nonwoven materials event INDEX opens after 18-month wait

Norway prime minister officially opens AutoStore Innovation Hub

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AutoStore, the leading robotic technology company, has created a pioneering test facility that can allow for faster fitting of automated systems for its clients to keep up with order demand.

Prime Minister of Norway, Erna Solberg (pictured below cutting ribbon), was said to be “deeply impressed” by AutoStore’s success when she officially opened the new test center and had it demonstrated.

As she officially opened the Innovation Hub, Solberg said: “AutoStore is a guiding star showing the way towards growth for the Norwegian private sector.” [Read more…] about Norway prime minister officially opens AutoStore Innovation Hub

Okuma and Hartwig open tech centre in Houston

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Okuma America Corporation, a world leader in CNC machine tool manufacturing, and Okuma distributor Hartwig, have opened a new Okuma Tech Center at Hartwig Houston in Texas, USA.

The 23,000 sq ft showroom which features more than 20 machine tools – including larger machines specifically built for the oil and gas industry.

Wade Anderson, Okuma Product Specialists Sales Manager and Tech Centers Manager, said: “The new space allows us to show the larger machines that are significant to the oil and gas industry, and our customers can see live-cutting applications demonstrated on these Okuma machine tools.”