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Activ Surgical secures $45 million in Series B funding led by Cota Capital

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Activ Surgical, a digital surgery pioneer, has raised $45 million in a Series B financing round. The Series B round was led by Cota Capital, a multi-stage investment firm focused on private and public modern enterprise technology companies.

Seven new investors, including BAM Funds, Magnetar Capital, Mint Ventures, Castor Ventures, Dream One Vision and Nvidia, join existing investors DNS Capital,Tao Capital Partners, LRVHealth, Rising Tide VC, GreatPoint Ventures and ARTIS Ventures to close out the Series B round of financing.

To date, Activ Surgical has raised a total of $77 million. [Read more…] about Activ Surgical secures $45 million in Series B funding led by Cota Capital

Burro raises $10.9 million Series A to accelerate commercialization of its collaborative robot platform for agriculture sector

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Burro, formerly known as Augean Robotics, an autonomy company providing solutions for the agriculture industry, has raised a $10.9 million in its Series A investment round.

The round was led by S2G Ventures and Toyota Ventures, with F-Prime Capital and the Cibus Enterprise Fund joining, along with existing investors including Radicle Growth and ffVC.

Burro robots are the first step towards an autonomous future where robots do work outdoors that people no longer want to do. Burros enable growers to boost profitability and mitigate labor shortages today by working collaboratively to force multiply workers, while also laying the foundation for more comprehensive automation tomorrow. [Read more…] about Burro raises $10.9 million Series A to accelerate commercialization of its collaborative robot platform for agriculture sector

Construction robotics startup Kewazo raises $5 million

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Kewazo, a construction robotics startup, has closed a $5 million series A funding round, bringing the total amount raised to $9 million.

The round was led by True Ventures. Existing investor MIG AG, a Munich-based venture capital firm and one of the founding investors in BioNTech, also participated in the round.

Kewazo is digitizing construction with robotics and data analytics. The startup offers robotic material hoist LiftBot for construction sites and industrial plants. [Read more…] about Construction robotics startup Kewazo raises $5 million

Advanced Farm Technologies completes $25 million Series B funding round

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Advanced Farm Technologies, developers of robotic technology for farmers, has completed a series B investment round raising $25 million to support the company’s growth in strawberry harvesting and the adaptation of its technology to apple harvesting.

The Series B funding round was led by Catapult Ventures and included all the Series A investors Kubota Corporation, Yamaha Motor Corporation, and Impact Ventures.

Kyle Cobb, president, and co-founder of Advanced Farm Technologies, says: “It is gratifying to have the ongoing support and commitment from our early investors in this funding round. It reflects all of our team’s hard work to develop and bring our TX Strawberry Harvester to the market. [Read more…] about Advanced Farm Technologies completes $25 million Series B funding round

Gatik raises $85 million in Series B funding for its autonomous delivery trucks

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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

Deutsche Bahn invests in Gideon Brothers 
in $32 million financing round

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Gideon Brothers, a robotics and AI solutions company, has received a new investment from Deutsche Bahn Digital Ventures, the venture capital arm of Deutsche Bahn Group, as part of the recent Series A financing round led by Koch Disruptive Technologies valued at $32 million.

The Series A investment will accelerate the development and commercialization of Gideon Brothers’ AI and 3D vision-based autonomous mobile robots that automate horizontal and vertical material handling operations.

The company is also expanding its manufacturing, sales, customer success, and marketing operations across key markets of the EU and United States, by opening offices in Munich, Germany and Boston, Massachusetts. [Read more…] about Deutsche Bahn invests in Gideon Brothers 
in $32 million financing round

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

Plus One Robotics raises $33 million to fuel expansion

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Plus One Robotics, a provider of vision software for logistics robots, has raised $33 million in Series B funding.

McRock Capital and TransLink Ventures co-led the round, with participation from BMWi Ventures, Kensington Capital Partners, and Ironspring Ventures alongside existing investors.

Whitney Rockley of McRock Capital and Toshi Otani of TransLink will join the company’s board of directors. [Read more…] about Plus One Robotics raises $33 million to fuel expansion

Fictiv raises $35 million to expand its digital manufacturing ecosystem

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As the pace of digital transformation in manufacturing continues to accelerate, Fictiv has raised $35 million in new funding led by 40 North Ventures to “aggressively expand” Fictiv’s digital manufacturing ecosystem.

Honeywell, Sumitomo Mitsui Banking Corp., Adit Ventures, and M20 also participated, along with previous investors including Accel, G2VP, and Bill Gates, bringing Fictiv’s total investment to $92 million.

The Series D investment will be used to advance its proven cloud-based platform technology and invest in its supply chain operations and network infrastructure. [Read more…] about Fictiv raises $35 million to expand its digital manufacturing ecosystem

Delivery robot company Refraction AI raises $4.2 million

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Refraction AI, the robotics startup and creator of the REV-1 autonomous delivery robot, has raised $4.2 million in new seed funding led by Pillar VC.

The company says the capital will be used for customer acquisition, geographic expansion and product development.

Founded in July 2019, Refraction AI solves last-mile delivery logistics with a practical, economical and sustainable application of mobile robot technology. [Read more…] about Delivery robot company Refraction AI raises $4.2 million