Robotics & Automation News

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

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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

Fuzzy Logic Robotics raises €2.5 million to ‘put robots in the hands of operators’

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The Franco-American start-up Fuzzy Logic Robotics announces a €2.5 million seed round of financing from two European “deeptech” funds: 42CAP, an industry-specialized German fund based in Munich, and Karista (via the Paris Region Venture Fund), an early-stage VC firm based in Paris.

Fuzzy Logic, which originated in the French start-up ecosystem (Agoranov and Wilco), is developing an “all-in-one” software platform that dramatically simplifies every step of robotization, from robotic cell design to daily reprogramming in the factory by operators.

It reproduces a virtual environment in which the robot in the factory can be controlled “on the fly” and as simply as a video game. [Read more…] about Fuzzy Logic Robotics raises €2.5 million to ‘put robots in the hands of operators’

It’s out! The 2021-22 Robotics and Automation News Awards brochure

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It’s out!!! 

The 2021-22 Robotics and Automation News Awards brochure is out – finally! Sorry if it’s later than you expected.

Download it now at this link: https://roboticsandautomationnews.com/shop/advertising/2021-22-robotics-and-automation-news-awards-brochure/

In the brochure, you will see the 11 companies that received the highest numbers of readers’ votes in each category.

The three companies with the highest number of votes are listed in the “Nominees” section and one of them will receive the Readers’ Award. We will announce the winner at the presentation in late November or early December – exact date yet to be decided. [Read more…] about It’s out! The 2021-22 Robotics and Automation News Awards brochure

Realtime Robotics raises $31.4 million in Series A funding round

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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

EasyMile raises €55 million to scale up its autonomous vehicles business

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EasyMile, a developer of driverless vehicle solutions for material handling and shared passenger transport, has closed a €55 million Series B funding round.

Led by Searchlight Capital Partners, a private investment firm, with McWin and NextStage AM, the round saw all EasyMile’s earlier investors, including Alstom, Bpifrance and Continental, also participating.

The funding will facilitate the completion of EasyMile’s product and technology roadmap while accelerating its international expansion and client service. [Read more…] about EasyMile raises €55 million to scale up its autonomous vehicles business

ANYbotics raises $23 million in Series A funding

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ANYbotics, a maker of four-legged robots, has raised CHF20 million ($23 million) in its Series A financing round led by Swisscom Ventures.

The startup says the funding will serve to accelerate the commercialization of its autonomous robots for industrial inspection applications.

ANYbotics enhances safety and productivity in industrial operations through autonomous mobile robots capable of navigating complex environments. [Read more…] about ANYbotics raises $23 million in Series A funding

Oqton raises over $40 million investment for its digital manufacturing platform

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Oqton, an American-Belgian software company specialising in artificial intelligence-powered solutions for the manufacturing industry, has raised more than $40 million in a Series A financing round, led by Fortino Capital, a leading B2B software investor, by PMV, the regional Flemish investment fund, and by Sandvik, a global engineering group.

The founding team – Samir Hanna and Ben Schrauwen – and several angel investors, including Carl Bass, who is the former CEO Autodesk, Dries Buytaert, of Drupal and Acquia, and Peter Mercelis, of Layerwise, also participated in the round.

The financing will be used to further develop its platform, while expanding its commercial partnerships in multiple domains and verticals, including additive manufacturing, robotic welding, and CNC machining. [Read more…] about Oqton raises over $40 million investment for its digital manufacturing platform

Wrapify, Kiwibot and Gong partner for ‘first’ autonomous bot delivery campaign

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Wrapify, the advertising tech platform for brands powered by out-of-home and the gig economy, has agreed a “first-of-its-kind” autonomous bot delivery campaign alongside partners Kiwibot, the delivery robot company, and Gong, the revenue intelligence platform, kicking off in San Jose and coming soon to Denver and Los Angeles.

Robotic delivery services can promise contactless delivery, a highly sought-after service under mandates of social distancing.

With autonomous bots on the rise, Wrapify’s Boost provides these delivery operators with a brand-new transit media revenue stream with the ability to provide brand and agency clients robust attribution reporting, data visualization and multi-channel retargeting capabilities. [Read more…] about Wrapify, Kiwibot and Gong partner for ‘first’ autonomous bot delivery campaign

Ridecell raises $45 million in latest funding round

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Ridecell, the startup providing fleet management software for autonomous vehicles, has secured $45 million in its Series C financing round.

The round was led by new investor, Fort Ross Ventures, and includes new investor Solasta Ventures.

Existing investors Activate Capital, Denso, LG Technology Ventures, and Initialized Capital also participated in the round. [Read more…] about Ridecell raises $45 million in latest funding round

Robotic and Automation News Review: OnRobot updates software, drones fly through deep mines, Toyota partners with Ridecell, and much more…

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Robotic and Automation News Review Monday 24 August 2020

This is a new, weekly column which rounds up all the most interesting news from the robotics and automation industry in the past seven days, in brief form.

Usually, we try to publish the review on Fridays, but because of technical problems last week, it has been delayed until today. Apologies for that.

This Robotics and Automation News Review is also available to view on our YouTube channel. (See video below.)

Please support our website by subscribing to our YouTube channel, by sharing the stories we publish on social media, and by purchasing premium subscriptions to RoboticsAndAutomationNews.com, as well as through corporate sponsorships and advertising.

[Read more…] about Robotic and Automation News Review: OnRobot updates software, drones fly through deep mines, Toyota partners with Ridecell, and much more…