November 5, 2024
Headlines

Robotics

Pickommerce Secures $3.4 Million Investment to Advance Groundbreaking Robotic Piece-Picking Technology

Editor04 mins

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,…

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Innovating the Future of Tech: Revolka Co., Ltd. Pioneers New Solutions in AI and Robotics

Editor04 mins

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…

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PHINXT Robotics Secures €2.3M in Seed Funding to Revolutionize Warehouse Automation

Editor05 mins

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…

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Standard Bots Secures $63M in Series B to Revolutionize American Manufacturing with AI-Driven Robotics

Editor04 mins

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…

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Floatic Accelerates Growth with Strategic Investment from Hyundai Motor Group to Revolutionize Warehouse Robotics

Editor03 mins

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…

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Skild AI Secures $300 Million Series A to Pioneer General-Purpose Robotics

Editor03 mins

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…

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Roboat Secures €550K to Advance Autonomous Waterway Transport

Editor03 mins

Roboat, a pioneering startup from Amsterdam spun out from MIT and the Amsterdam Institute for Advanced Metropolitan Solutions (AMS), has secured €550,000 in funding from prominent Dutch VC firms LUMO Labs and SHIFT Invest. This investment aims to propel Roboat’s mission of automating urban waterway transport, fostering safer, more efficient, and sustainable logistics solutions. Founded…

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Cartken Secures $22.5M Funding to Pioneer Autonomous Navigation Technology

Editor05 mins

Cartken, a trailblazing robotics navigation software startup founded in Germany, has announced a significant funding milestone, raising $22.5 million to propel its advancements in autonomous navigation. The latest financing round, including a substantial $10 million injection, underscores Cartken’s commitment to revolutionizing industrial automation and last-mile delivery solutions. Cartken’s cutting-edge technology merges AI and computer vision…

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