Industry News

Baton400x275Baton, which is developing a logistics technology platform to assist long-haul autonomous trucks, has announced raising $10.5 million in Series A funding. The round was led by 8VC and Maersk Growth, the venture arm of global trucking firm AP Moller-Maersk.

Lightpoint400x275Lightpoint Medical, which is developing miniaturized cancer detection tools for robot-assisted surgery platforms, has announced completing an $8 million financing round. New funding from the British Business Bank Future Fund, including follow-on investment, has raised the total raised for the company to $18 million.

 

NuroVehicle400x275Nuro, which is developing autonomous on-road delivery vehicles, has announced new investors as part of the company’s Series C funding round. Included in the new investors are Woven Capital, a newly established growth-stage fund from Woven Planet, a Toyota subsidiary, and Chipotle Mexican Grill, Inc.

YaskawaRobots400x275Robotics companies are expecting a 40% increase in employment during 2021, and revenue growth of nearly 50%, according to a new survey published by Interact Analysis and the Association for Advancing Automation (A3), which is holding its Automate Forward virtual trade show this week.

Aerobotix ARM 400x275The Advanced Robotics for Manufacturing (ARM) Institute has announced a collaboration with the Air Force Research Lab (AFRL) on four new technology projects, selected from the institute’s new Directed Project Call process. The AFRL will invest $2.3 million in these projects over the next 18 months.

MonarchTractor400x275Monarch Tractor, which develops a fully electric, driver-optional, smart tractor, has announced closing a $20 million Series A funding round. The round includes investors from global industrial equipment manufacturers, automotive suppliers, venture capital firms, and impact capital companies. 

KUKA autoproduction400x275Robot density, measured as units installed per 10,000 employees, hit a new record for the U.S. automotive industry, with 1,287 units, according to new world robotics statistics issued by the International Federation of Robotics (IFR).

Exoskeleton400x275Driven by high injury costs and an aging and shrinking skilled workforce across sectors, the global industrial exoskeletons market is expanding rapidly, a new analysis by Frost & Sullivan says. The company is estimating a nearly seven-fold growth for the market, with an expected value of $426.6 million by 2025, and an annual compound annual growth rate of 46.7%

LocalMotorsOlli400x275Local Motors, which develops the autonomous shuttle called Olli, has been granted a vehicle tag that allows them to operate on a public road in Knox County, Tenn., for testing purposes.

HAIPICK Hai 400x275Shenzhen, China-based Hai Robotics, which develops autonomous case-handling systems for logistics and industrial automation purposes, has announced a Series B+ round of almost $15 million. The round was led by 5Y Capital, with participation from existing investors Source Code Capital and Walden International. The company said it will use the new capital to fund research and development, operational capabilities and business expansion.

NimbleRobotics400x275San Francisco-based Nimble Robotics has announced raising $50 million in Series A financing, led by DNS Capital and GSR Ventures, with participation from Accel and Reinvent Capital and others. The company said it will use the capital to further accelerate hiring plans, product and technology development, and scaling of robot deployments for customers’ fulfillment operations.

SkydioX2 400x275Axon, which develops connected public safety technologies, has announced partnering with Skydio, a leading U.S. drone manufacturer, to offer autonomous drones to law enforcement and emergency responders. As a Skydio Elite Partner, Axon will be the exclusive reseller and digital evidence management partner of Skydio’s products to public safety globally.

Ouster Kassbohrer400x275Ouster, which develops high-resolution digital lidar sensors, has announced signing a multi-year strategic supply agreement with Kässbohrer Geländefahrzeug AG, which makes tracked vehicles. Kässbohrer said it will deploy the Ouster digital lidar sensors on SNOWsat technology used to measure snow depth and maintain ski slopes.

ExynSandvik400x275Exyn Technologies, which develops autonomous aerial robot systems for GPS-denied industrial environments, has announced the expansion of its strategic partnership with Sandvik Mining and Rock Solutions. The partnership integrates Exyn’s data into Sandvik’s analytics and processing suite, OptiMine, to help with real-time visualizations of mining excursions.

 

ArcturasJump20 400x275AeroVironment, which develops unmanned aircraft systems, has announced its wholly-owned subsidiary, Arcturus UAV, was awarded a competitive task order valued at approximately $7 million from the U.S. Special Operations Command (USSOCOM). The task order is for a one-year period, which started on Feb. 3, 2021

AvaAustriaRealEstate400x275Ava Robotics, which develops intelligent robots for the workplace via telepresence, has announced a partnership with Austrian real estate company SIGNA and Cisco partner FRINK Advanced Services. The partnership will create a fully digital, remote sales experience, powered by Ava’s telepresence robots, which helps realtors and home buyers with remote, contactless home tours.