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Fabric raises $110 million in new investment round backed by Kraft Heinz

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On-demand fulfillment services startup Fabric has raised an additional investment to its Series B round from Evolv Ventures, the investment arm of Kraft Heinz, one of the largest global food and beverage companies in the world.

Led by a team of food, startup, and venture capital veterans, Evolv Ventures is focused on strategic investments in emerging technologies across the food value chain.

Their undisclosed additional investment to the $110 million-dollar round is a resounding vote of confidence from a leading food tech investor and the iconic food company. [Read more…] about Fabric raises $110 million in new investment round backed by Kraft Heinz

Severstal invests in robotics to automate advanced composites manufacturing with Airborne

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Severstal, one of the world’s largest vertically integrated steel and mining companies, has invested in Dutch company Airborne, a developer of robotic and digital automation platforms for the production of composite parts and products with integrated composites.

Severstal joins other investors in this investment round, including Pangaea Ventures, the leading advanced materials venture capital fund, and SABIC, the world’s third largest diversified chemical company.

Airborne has developed and brought to market a unique set of digital technologies that increase the efficiency of carbon fiber composite production by automating the production process. [Read more…] about Severstal invests in robotics to automate advanced composites manufacturing with Airborne

Vecna Robotics raises $50 million to expand business

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Vecna Robotics, the workflow orchestration and self-driving forklift provider, has raised $50 million in Series B funding.

With double-digit annual growth forecast for the mobile robot market over the next five years, the new capital will expand Vecna Robotics’ industry-leading footprint and accelerate the development of new product offerings.

This round is led by Blackhorn Ventures, with participation from new investors Highland Capital and Fontinalis Partners, and additional funding from existing investors Drive Capital and Tectonic Ventures. [Read more…] about Vecna Robotics raises $50 million to expand business

Advanced Navigation raises $13 million to ‘transform’ robotics and self-driving cars

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Robotics and artificial intelligence sensor developer Advanced Navigation has raised $13 million in a Series A funding.

The investment round was led by Main Sequence Ventures’ CSIRO Innovation Fund, alongside US venture firms Brick & Mortar Ventures and In-Q-Tel.

The round will fund a significant global expansion for Advanced Navigation and accelerate research and development programs for what the company describes as “transformative new robotics, navigation and sensor technologies”. [Read more…] about Advanced Navigation raises $13 million to ‘transform’ robotics and self-driving cars

Realtime Robotics raises $18 million Series A funding

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Realtime Robotics, a provider of responsive motion planning for industrial robots and autonomous vehicles, says it has raised $11.7 million in Series A funding.

The round was led by Sparx Asset Management, and included participation from Mitsubishi Electric, Hyundai, and Omron Ventures, alongside existing investors Toyota AI Ventures, Scrum Ventures, and the Duke Angel Network.

The new capital will be used to accelerate the development of more commercial product releases and expand the team to support key customers and partners across the globe. [Read more…] about Realtime Robotics raises $18 million Series A funding

Diligent Robotics raises $3 million seed funding to launch Moxi the hospital robot

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Startup company Diligent Robotics has raised $3 million in seed funding to launch “Moxi”, the company’s hospital robot.

Diligent Robotics describes itself as an artificial intelligence company which builds socially intelligent robots that help people with their jobs.

Its first product, hospital robot assistant named Moxi, is now out of beta and into market, beginning with the roll-out of Moxi into a Texas hospital starting October 2, 2019. [Read more…] about Diligent Robotics raises $3 million seed funding to launch Moxi the hospital robot

FarmWise raises $14.5 million for its weed-removing robots

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FarmWise, a US startup which builds autonomous farming robots, has raised $14.5 million in a Series A funding round led by Calibrate Ventures.

In addition to existing investors backing FarmWise, agriculture company Wilbur Ellis, Xplorer Capital and Alumni Ventures Group are participating in the round.

The proceeds will be used to grow the company’s robotic engineering and operation teams, as well as boost R&D efforts on plant-level detection and actuation capabilities. [Read more…] about FarmWise raises $14.5 million for its weed-removing robots

Self-driving tech startup Voyage Auto raises $31 million in funding

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A self-driving technology startup called Voyage Auto has raised $31 million in Series B funding.

The investment round was led by Franklin Templeton, with significant participation from Khosla Ventures, Jaguar Land Rover’s InMotion Ventures, and Chevron Technology Ventures.

The latest funding round brings Voyage Auto’s total capital raised to $52 million. [Read more…] about Self-driving tech startup Voyage Auto raises $31 million in funding

Starship robots make 100,000 deliveries as startup raises $40 million in funding

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Starship Technologies, which makes an autonomous delivery robot, has closed $40 million in Series A funding.

The company, which has just become the first to complete 100,000 commercial deliveries, also announced that it plans to expand its service to 100 university campuses in the next 24 months.

Delivery robots arrived today at the University of Pittsburgh. Purdue University, Indiana is launching on September 9 with more following shortly. [Read more…] about Starship robots make 100,000 deliveries as startup raises $40 million in funding

UPS invests in and already making deliveries with autonomous trucking company TuSimple

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Logistics giant UPS has invested in autonomous trucking startup TuSimple, and has already made some deliveries with driverless vehicles.

UPS says its venture capital arm, UPS Ventures, has made a minority investment in autonomous driving company TuSimple.

Together, both companies are testing self-driving tractor-trailers on a route in Arizona to determine whether the vehicles can improve service and efficiency in the UPS network. [Read more…] about UPS invests in and already making deliveries with autonomous trucking company TuSimple