inVia Robotics, a provider of robotics warehouse automation solutions for ecommerce fulfillment centers, raised $20 million in a Series B round led by Point72 Ventures. The round also included investments from Upfront Ventures and Embark Ventures. The inVia Picker robot works collaboratively alongside human workers
Enterprise robotic process automation (RPA) software company UiPath, and Booz Allen Hamilton partnered to help federal agencies drive process efficiencies with RPA. Combining UiPath’s market-leading RPA platform with Booz Allen Hamilton’s renowned management and IT consulting capabilities, the partnership strives to offer government agencies the
Robotics startup Virtual Incision completed $18 million in Series B financing, led by SinoPharm Capital and Bluestem Capital, with participation from PrairieGold Venture Partners. Virtual Incision’s in vivo mini-robot surgery is used for minimally-invasive colon resection and other abdominal procedures. A mini-robot is inserted into the
Fetch Robotics acquired $25 million in Series B financing, led by Sway Ventures, with participation from O'Reilly AlphaTech Ventures, Shasta Ventures, and SoftBank Group. Fetch Robotics develops and manufactures collaborative, autonomous mobile robot solutions for the warehousing and intralogistic markets. Headquartered in San Jose, California, the
Locus Robotics announced it secured $25 million in Series B financing, led by Scale Venture Partners. The robotics startup manufactures autonomous, mobile robots to support ecommerce fulfillment operations for retailers and warehouse logistics providers. According to the company, Locus’ robots work alongside employees to improve order
Transportation company Ninebot announced the close of $100 million in Series C financing. SDIC Fund Management and China Mobile Innovation Industry Fund participated in the round. Ninebot is a Chinese-based robotics engineering company specializing in autopilot and personal transportation. The company’s flagship product is its
Vehicle technology supplier Delphi Automotive announced that it has signed an agreement to acquire nuTonomy, Inc. for an upfront purchase price of $400 million and earn-outs totaling approximately $50 million. nuTonomy is a leading developer of state-of-the-art software for self-driving vehicles. It was founded in 2013
Startup Horizon Robotics announced it has secured a new round of Series A financing. Six investors contributed to the round: Intel Capital, Harvest Investments, Morningside Group, Hillhouse Capital Group, Linear Capital Partners, and Wu Capital. Horizon Robotics aims to be a leader in embedded Artificial Intelligence
Near Earth Autonomy announced the completion of a new round of financing from Boeing HorizonX. Near Earth is a privately held spin-off from Carnegie Mellon University that develops comprehensive solutions for manufacturers and users of low-flying aircraft operating in all weather conditions and hostile unprepared environments.
Veo Robotics completed $12 million in Series A financing led by Lux Capital and GV. Veo Robotics incorporates advanced computer vision, 3D sensing, and AI. The company’s first product allows high-performance industrial robots to work collaboratively with people, enabling much more flexible, productive, and efficient manufacturing