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Robotics investments drive past $2.1B in May
Robotics investments for May 2024 topped $2.1 billion, the result of funding for 38 companies. The $2.1 billion is the highest monthly funding amount for the year 2024 and greatly exceeds the trailing...
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Top 10 robotics stories of June 2024
We’re halfway through 2024, and for the past six months, the robotics industry has continued to progress rapidly. From novel deployments and humanoid robotics developments to emerging partnerships,...
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Sanctuary AI obtains Canadian funding for general-purpose humanoid development
While Phoenix is capable of working autonomously, Sanctuary AI has been teaching it new behaviors. | Credit: Sanctuary AI Sanctuary Cognitive Systems Corp., or Sanctuary AI, said it is on a mission “to...
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LaserWeeder fleet has eliminated 10B weeds worldwide, says Carbon Robotics
LaserWeeder has passed a milestone in helping growers. Source; Carbon Robotics Last week, Carbon Autonomous Robotic Systems Inc. announced that its LaserWeeder fleet has eliminated more than 10 billion...
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Bright Machines plans to expand assembly software stack with $126M in funding
Bright Machines says its full-stack system integrates software and robotics to deliver high-quality products. | Source: Bright Machines Bright Machines Inc., which claims to be a leader in...
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Robotics Invest discusses application and funding opportunities for the industry
Inventor Dean Kamen and Cybernetix Ventures co-founder Mark Martin at Robotics Invest 2024. Credit: Eugene Demaitre BOSTON — While many robotics events are vendor-driven, some share the perspectives of...
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Glidance raises $1.5M to develop robots for visually impaired
Glidance raised $1.5 million in pre-seed funding for its Glide robot that offers autonomous mobility assistance for the visually impaired. The oversubscribed round will accelerate the development of...
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Skild AI grabs $300M to build foundation model for robotics
Skild’s foundation model is intended to serve as a shared, general-purpose brain for tasks including manipulation, locomotion, and navigation. | Credit: Skild AI A new wave of startups is emerging to...
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Granta Autonomy takes off from stealth with seed funding for drone recon
Fleet of portable Hornet UAVs ready for takeoff. Source: Granta Autonomy Conflicts in Ukraine and elsewhere have increased interest in autonomous systems for intelligence, surveillance, and...
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Jacobi Robotics raises $5M for motion planning software
Traditional industrial robot programming can take weeks to months. If you are a software programmer for a systems integrator, your schedule is often squeezed at the end of the project development...
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Standard Bots raises $63M to bring cobot arms to market
Standard Robots’ RO1 collaborative robot is currently in production. | Source: Standard Bots Standard Bots this week raised more than $63 million in total funding. Its new Series B round was led by...
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Saronic raises $175M in Series B funding for autonomous surface vessels
The Spyglass and Cutlass ASVs combine hardware, software, and AI to accomplish critical maritime missions. Source: Saronic Saronic Technologies last week said it had raised $175 million in Series B...
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Monarch Tractor sets agricultural robotics milestone with $133M Series C
The MK-V smart tractor has an autonomous mode option. Source: Monarch Tractor. Agriculture has been an area of interest for robotics for some time, but there have been relatively few big transactions...
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Robot maker Comau spins out from Stellantis to private equity firm
Comau’s robot family, including its recently released S-Family of small robot arms. | Source: Comau Stellantis NV, one of the world’s largest automakers, and One Equity Partners, a middle-market...
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Clarapath brings in $36M to modernize pathology labs with robotics
SectionStar is a tissue sectioning and transfer robot designed to increase capacity, reliability, and consistency. | Source: Clarapath While robotics and automated systems have been introduced in...
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Autonomous vehicles fuel $2.7B funding boom in June 2024
Forty-eight companies that make robots or relevant enabling technologies raised a total of $2.7 billion in June 2024. At press time, this was the highest monthly funding total of 2024. It exceeded...
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LIG Nex1 takes controlling shares of Ghost Robotics for $240M
LIG Nex1 has acquired the maker of the Vision 60 Q-UGV quadruped robot. | Credit: Ghost Robotics LIG Nex1 Co., a South Korean defense technology company, has taken a controlling 60% share in Ghost...
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Code Metal secures seed funding for LLM agents on the edge
Code Metal says it is bringing its algorithmic breakthroughs to hardware applications to apply LLMs at the edge. | Source: Code Metal Code Metal Inc., a startup creating artificial intelligence-powered...
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Top 10 robotics stories of July 2024
Humanoids continued to grab our readers’ attention in July 2024, with four of our top 10 stories centering on the topic. Unique robot use cases, like an exoskeleton making its Olympic debut, also made...
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Neptune Medical raises $97M for surgical robotics, spins out Jupiter...
Jupiter Endovascular is working to develop a new class of endovascular procedures using Endoportal Control. | Source: Jupiter Endovascular The ability to robotically steer catheters can improve...
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