Where Innovation Meets Imagination
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
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, 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
Toyota AI Ventures, Toyota’s early-stage venture capital fund, has decided to invest in YPC Technologies, a robotic kitchen startup based in Montreal, Canada.
The funding follows YPC Technologies’ participation in the 2020 Toyota AI Ventures “call for innovation” focused on smart, connected cities that launched earlier this year in partnership with Toyota Research Institute – Advanced Development (TRI-AD) and Toyota Research Institute (TRI).
Toyota AI Ventures views cities as a platform for innovation, and this year’s global call for innovation focused on attracting and investing in early-stage startups that are building solutions for smart and connected cities in the areas of artificial intelligence, robotics, autonomy, mobility, cloud, or data. [Read more…] about Toyota venture fund invests in robotic kitchen startup
40 North Ventures, an early-to-growth stage venture capital fund focused on technology investments in the industrial sector, has acquired investments in 11 companies from GE Ventures.
Although 40 North Ventures is not disclosing the value of this deal, the fund raised $200 million last year. This was in part utilized for the acquisition from GE Ventures, as well as four prior investments, according to a spokesperson.
The 11 new portfolio companies are aligned with 40 North Ventures’ focus on technology and business model innovation, adding to its growing portfolio of high-performance companies building the industrial future. [Read more…] about 40 North Ventures acquires 11 companies from GE Ventures
InOrbit, a provider of cloud-based robot management software, has closed $2.6 million in seed round investment.
The funding was led by Animo Ventures, with participation by Yamaha Motor Ventures and Laboratory Silicon Valley, Kärcher New Venture and other key institutional and individual investors.
InOrbit’s software-as-a-service enables robotics companies and operators to develop, deploy and orchestrate autonomous robots at global scale. [Read more…] about InOrbit raises $2.6 million for its cloud robotics business
Elementary Robotics, a Los Angeles-based robotics startup, has raised $12.7 million in its Series A funding round led by Threshold Ventures, an early-stage investor in technology companies.
Founded in 2017, Elementary has built a hardware and software platform for applying machine learning and computer vision to the industrial world for intelligent automation of quality and traceability workflows.
The new capital, which also had participation from existing investors Fika Ventures, Fathom Capital and Toyota AI Ventures, is being used to allow Elementary Robotics to continue developing and installing its automation products at scale. [Read more…] about Elementary Robotics raises $13 million for its machine learning and computer vision offerings to industry
Dishcraft Robotics, provider of a commercial dishwashing and dishware delivery service powered by artificial intelligence and robotics, has raised $20 million in Series A1 funding led by new investor Grit Ventures.
Returning investors First Round Capital, Baseline Ventures, Fuel Capital, and Lemnos also participated in the round. To date, Dishcraft has raised $46 million in venture funding.
Marc Randolph, co-founder and former CEO of Netflix, and Kelly Coyne, founder and partner at Grit Ventures, will join Dishcraft’s board of directors, joining other prominent board members including Steve Anderson, founder of Baseline Ventures. [Read more…] about Dishcraft Robotics raises $20 million in latest funding round to expand its dishwashing business
Brain Corp, a developer of artificial intelligence systems for the robotics industry, has raised $36 million in Series D funding to “help meet the growing demand for autonomous mobile robots”.
The company says the growth is being generated by retail, healthcare, airports, education and other industries now on the front lines of the coronavirus health crisis.
The round was led by returning investor SoftBank Vision Fund 1, and includes new investors ClearBridge Investments, and Satwik Ventures, and an additional investment from Qualcomm Ventures. [Read more…] about Brain Corp raises $36 million to meet ‘growing demand for autonomous robots’
Mobility services startup Via has raised a further $200 million in its latest funding round.
Money raised in Via’s Series E fuding round will be used to “expand access to efficient, sustainable, and equitable public mobility across the globe”, says the company.
John Elkann, chairman and CEO of Exor, lead investor in the financing, says: “More important than ever to work for an innovative and sustainable future.” [Read more…] about Via raises $200 million to develop and expand its mobility services
