Tag: strong
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Realtime Robotics raises $9.5 million in additional funding
Realtime Robotics, a developer of collision-free autonomous motion planning for industrial robots, today announced that it has secured an additional $9.5 million in funding from Shinhan GIB and Kyobo Life Insurance. Driven by the strong response to its RapidPlan industrial robotics motion control and collision avoidance software, Realtime will use this additional investment to drive…
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How to Keep Your Texts Private
Hey there! Have you ever stopped to think about the privacy of your text messages? In today’s digital world, where communication happens at our fingertips, it’s crucial to ensure that our conversations remain private and secure. Whether you’re discussing personal matters, sharing sensitive information, or simply having a casual chat, protecting your texts from prying…
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5 Reasons Why You Should Invest in Tesla this 2023
By Cooper Haywood, WallStreetZen.com Tesla, Inc. is a company that is at the forefront of the integration of robotics and automation in the automotive industry. Founded in 2003 by a group of engineers who wanted to prove that electric cars could be better than gasoline-powered cars, Tesla has become a leader in developing and implementing…
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Avidbots raises $70 million in latest funding round
Avidbots, one of the world’s leading robotics companies, today announced it has raised $70 million in Series C funding. The financing was led by Jeneration Capital, with strong participation from existing investors True Ventures, Next 47, SOSV, GGV Capital, BDC Capital, Golden Ventures, and Kensington Capital Partners. New investors – BMO Capital Partners, Golden Vision…
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Volvo Group to establish battery production plant in Sweden
The Volvo Group has initiated the process to establish a large-scale production plant for battery cells in Sweden. The company says the initiative is designed to meet “the growing demand for battery electric heavy-duty vehicles and machines”. Martin Lundstedt, president and CEO of the Volvo Group, says: “We aim to lead the transition to a…
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Fanuc plans to double Michigan campus to accommodate ‘automation demand’
Fanuc, the world’s largest manufacturer of industrial robots, has launched a West Campus expansion that will push its operational space in Oakland County, Michigan to nearly two million square feet. The construction will include a 655,000 square foot state-of-the-art facility to house manufacturing, engineering and R&D projects. This investment in Michigan’s growing manufacturing area includes…
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Ottonomy closes $3.3 million seed funding round
Ottonomy has closed its seed funding round of $3.3 million, bringing its total funding to date to $4.9 million. The funding is planned to support the scale of Ottobots for fully autonomous airport, retail and restaurant deliveries with its robots. The funding round is led by Pi Ventures who back deep tech startups. Connetic Ventures…
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Geek+ and Reesink Logistic Solutions partner to implement robots in warehouses
Geekplus, a manufacturer of autonomous mobile robots for warehouses, has agreed a new partnership with one of Europe’s top system integrators, Reesink Logistic Solutions. The two companies are entering a non-exclusive cooperation covering the entire Geekplus product range and targeting primarily Northern Europe, with a focus on the Netherlands, Germany, and Poland. Gert Bossink, vice-president…
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Continental and Octiva to develop autonomous mobile robots for agriculture
Continental and Dutch-Belgian technology company Octiva are partnering to develop autonomous mobile robotic solutions for horticulture applications. The agreement follows Continental’s announcement that it has started the volume production of autonomous mobile robots for intralogistics. The new AMRs being developed with Octiva will become part of Continental’s second product line “Agriculture” in the market of…
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Volvo, Daimler, and Traton partner to build high-performance charging network
Europe’s three leading commercial vehicle manufacturers – Volvo Group, Daimler Truck, and Traton Group – have signed a binding agreement to create a joint venture to install and operate a high-performance public charging network for battery electric, heavy-duty long-haul trucks and coaches across Europe. As previously publicised, the parties are committed to initiating and accelerating…