Headquartered in Austin, Texas, Avride has secured a transformative strategic commitment of up to $375 million from lead backers Uber Technologies, Inc. and Nebius Group N.V. to accelerate its shift from sidewalk-delivery robots toward fully autonomous ride-hailing services. The agreement builds on an existing multi-year commercial partnership and sets a bold target: launch of Avride’s…
A Milan-based robotics startup thinks it has found the missing link between artificial intelligence and physical automation. Cyberwave, founded by Simone Di Somma and Vittorio Banfi — both with Silicon Valley pedigrees — has raised €7 million in seed funding to build what it calls the “operating system” for intelligent machines. At the surface, it…
Energy Robotics, the AI-driven fleet orchestration platform powering autonomous inspections for critical infrastructure, has closed a $13.5 million Series A funding round. Co-led by Blue Bear Capital and Climate Investment (CI), with support from Futury Capital, Hessen Capital, Kensho VC, and TADTech, this injection of capital marks a significant milestone for the Darmstadt-based firm as…
In a major leap for the future of robotics, Tacta Systems, a rising force in tactile robotics, has announced a substantial $75 million funding round to supercharge the development of its breakthrough “Dextrous Intelligence” platform—technology aimed at giving robots the finesse, perception, and responsiveness of the human hand. The total raise includes an $11 million…
Pickommerce, an innovator in warehouse automation, has announced a successful funding round of $3.4 million to further develop and market its cutting-edge PickoBot piece-picking robot. The investment, led by IL Ventures along with InNegev, Fusion VC, the Israel Innovation Authority, and strategic partner ZIM Ventures, positions Pickommerce to disrupt the rapidly growing warehouse automation market,…
RevolKa Ltd. a pioneering biotech firm at the forefront of AI-driven protein engineering, proudly announces the successful closure of its Series A extension funding, raising a total of 250 million JPY (approximately US$1.7 million). This latest infusion of capital, which includes a 100 million JPY (US$0.7 million) financing round, is poised to significantly enhance RevolKa’s…
In a significant leap forward for warehouse automation, London-based PHINXT Robotics has successfully raised £2 million (approximately €2.32 million) in a seed funding round. The investment, led by Ada Ventures, along with contributions from George Mensah of Sure Valley Ventures and angel investor Amar Shah—co-founder of Wayve—signals a robust endorsement of PHINXT’s innovative approach to…
Standard Bots, a trailblazer in robotics automation, has successfully raised $63 million in a Series B funding round. This latest round, spearheaded by General Catalyst with notable contributions from the Amazon Industrial Innovation Fund and Samsung Next, marks a significant milestone for the company as it gears up to expand its innovative solutions across American…
Floatic, a pioneering provider of warehouse robotic solutions based in Seoul, South Korea, has successfully concluded its pre-Series A bridge round with an undisclosed additional investment from ZERO1NE, Hyundai Motor Group’s startup innovation platform. This recent funding complements the $3.8 million raised last month, led by Capstone Partners, bringing Floatic’s total funding to over $8…
Skild AI, a visionary in the realm of robotics, has marked a significant milestone with the closing of a $300 million Series A funding round. Led by prominent investors including Lightspeed Venture Partners, Coatue, SoftBank Group, and Bezos Expeditions, this funding round values Skild AI at $1.5 billion, underscoring its pivotal role in advancing the…
