PhantomAuto400x275Phantom Auto, which develops remote operation software for logistics vehicles, has announced a strategic investment of $42 million, led by freight and logistics provider ArcBest, and NFI, one of the largest third-party logistics (3PL) providers in North America. The two investors have executed commercial agreements to deploy thousands of Phantom-powered forklifts in the coming years.


AigenFunding400x275Aigen, a startup developing a scalable solar-powered robotics platform for agriculture and soil regeneration, has announced raising $4 million in a seed round, led by NEA with participation from AgFunder, Global Founders Capital, and ReGen Ventures. The company said it will open the doors of a new lab space in Kirkland, Wash., as well as ramp up in 2022 to launch their platform to help regenerate soil at a planetary scale.


FormicRobot400x275Formic Technologies, which utilizes a Robots-as-a-Service (RaaS) model that lets companies pay an hourly rate for robot usage, has announced raising $26.5 million in a Series A financing round. In addition, the company secured access to more than $100 million of debt capital to fund equipment purchases. Formic said it will use the funding to expand its operation to support the rapid deployment of its RaaS offering for U.S. manufacturers.


ExotecWarehouseBigView400x275France-based Exotec, which builds warehouse robotic automation systems, has announced raising $335 million in Series D funding at a $2 billion valuation. The company said it plans to use the funding to continue large-scale deployments of its technology in North America, Europe, and Asia for global brands, as well as hire 500 new research & development engineers by 2025 to accelerate the development of its high-performance warehouse automation technology.


HDSGlobal RoboFS 400x275Home Delivery Service (HDS Global), a personalized e-commerce delivery service powered by the RoboFS touchless robotic fulfillment system, has announced the debut of a fully automated robotic fulfillment system at its Technology Center. The center is now open to demonstrate the solution HDS Global built from the ground up to solve problems in existing e-commerce systems. 


BlueOceanFunding400x275Denmark’s Blue Ocean Robotics, which manufactures service robots for tasks including telepresence and UV-C disinfection, has announced an investment of $51.1 million (335 DKK) by A.P. Møller Holding, a privately held investment firm in Denmark.


FormantGrid400x275Formant has announced it recently raised $18 million in Series A funding to help expand its robotics operations software, which lets companies observe, analyze and teleoperate robot deployments.


LabradorSystems400x275Labrador Systems, which is developing a new generation of assistive robots to help individuals live more independently, has announced the Labrador Retriever, a personal robot that provides practical, physical assistance with everyday activities in the home. The mobile robot provides users with “an extra pair of hands” to help move large loads from place to place, as well as bring critical items within reach. The company also announced raising an additional $3.1 million in seed funding, led by Amazon’s Alexa Fund and iRobot Ventures.


CairaSurgicalFunding400x275Caira Surgical has announced raising $5 million in seed capital in an oversubscribed funding round, which closed in December 2021. The company said investors include smart-money venture and strategic medical technology investors. The company’s technology aims to revolutionize the usability, safety, and accessibility of advanced surgical navigation and robotics for orthopedic surgery.


VoyantPhotonics400x275Voyant Photonics, which fabricates optical systems optimized for FMCW lidar using low-cost semiconductor chips, has announced it raised $15.4 million in a Series A funding round, led by UP.Partners with participation of earlier investors LDV Capital and Contour Ventures.


YouiBot400x275Shenzhen, China-based YouiBot, which develops industrial mobile robots, has announced it completed two rounds of Series B financing, with an accumulated amount exceeding $47.1 million (RMB 300M). The company said it will focus on precision electronic manufacturing and energy by means of its core strengths in scenarios, algorithms, software/hardware and large-scale development, as well as expanding its scenario experience into new markets and quicken the pace of overseas market expansion.


Calibrate400x275Calibrate Ventures has announced $97 million in new funds to partner with founders building the next generation of leading artificial intelligence and automation companies. The Calibrate Fund II will build on the company’s track record of investing in early-stage startups that are transforming industries such as education, healthcare, logistics, law, financial services, manufacturing, and transportation.


PaceRobotics400x275Pace Robotics, a Bangalore, India-based construction robotics startup, has announced raising seed investment from Pidilite Industries Ltd., which has acquired an equity stake of 19.5% in the company. The company said it will use the funds for product development and core team expansion.


SkySafe MM2 System400x275SkySafe has announced it raised $30 million in a Series B investment to help further accelerate the company’s growth to expand production of its airspace security system for commercial adoption. The investment was led by Kingfisher Investment Advisors, with participation from new investors Gaingels and Castor Ventures. The company said it has raised $45 million in total financing.


FactionFunding400x275Faction Technology, which is developing driverless technologies for lightweight vehicles systems aimed for delivery tasks, has announced an investment from TDK Ventures, a subsidiary of TDK Corporation. Terms of the investment were not disclosed. Faction vehicles combine autonomy with remote human teleoperation, which allows driverless vehicle systems to be productized without waiting for 100% autonomous technology, the company said.


DeDrone Preakness400x275Counter-drone systems maker Dedrone has announced closing a $30.5 million Series C financing round, led by Axon. The company said the funding comes on the heels of a strong year of growth, with more than 1,000 sensors sold, and a system that can now detect, identify, and locate more than 200 different drone types.