Robotics & Automation News

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Series B funding

HappyRobot raises $44 million to build a digital workforce for the real economy

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The operations of most organizations still rely on high-volume manual labor – millions of conversations, documents, and updates every day just to keep things moving.

For decades, this work has been handled by overwhelmed teams or outsourced to call centers, with inefficiencies and crucial tasks slipping through the cracks amidst the chaos. HappyRobot aims to change that.

The San Francisco-based startup’s $44 million Series B funding will scale their platform to “build & deploy AI workers”, bringing the next generation of automation to the backbone of global trade. [Read more…] about HappyRobot raises $44 million to build a digital workforce for the real economy

Fort Robotics raises $18.9 million in new funding to bring total to $60.5 million

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Fort Robotics, a specialist provider of safety and security solutions for intelligent machines, has raised an additional $18.9 million in its Series B funding round. This capital raises the company’s total funding to $60.5 million to date.

The round was led by Tiger Global, with strong participation from both new and returning investors, underscoring confidence in Fort’s crucial role in the rapidly evolving robotics and physical AI landscape.

Fort’s growth is fueled by the robotics industry hitting a critical inflection point. As autonomous systems see large-scale deployments in sectors like autonomous vehicles, agriculture, construction, defense, factory automation, and humanoid robotics, they are increasingly relying on Fort’s solutions. [Read more…] about Fort Robotics raises $18.9 million in new funding to bring total to $60.5 million

4AG Robotics raises C$40 million Series B for its automated mushroom harvesting

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4AG Robotics, a pioneer in fully autonomous mushroom harvesting, has closed its C$40 million (Canadian dollars) Series B financing.

The investment round was led by Astanor and Cibus Capital, with support from new investor Voyager Capital and existing investors InBC, Emmertech, BDC Industrial Innovation Fund, Jim Richardson Family Office, Stray Dog Capital and Seraph Group.

This round follows a $17.5 million round in 2023, bringing total capital raised to $57.5 million in the past two years. [Read more…] about 4AG Robotics raises C$40 million Series B for its automated mushroom harvesting

Orca AI secures $72.5 million investment to scale autonomous shipping solutions

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Orca AI, a developer of maritime technology, has closed an investment of $72.5 million in Series B funding.

Brighton Park Capital led the round with participation from existing investors Ankona Capital and Hyperlink Ventures.

The investment will enable Orca AI to further its autonomous platform, add new capabilities and enter new categories, including defense and security. The funding will also strengthen the company’s position as the market leader in autonomous shipping. [Read more…] about Orca AI secures $72.5 million investment to scale autonomous shipping solutions