RobCo says it has “surpassed a $1 billion valuation” as it builds the next generation of autonomous industrial robotics, doubling its valuation in just nine months. The deal brings new investment into RobCo while giving long-standing employees the opportunity to realize part of the value they have helped create since the company’s founding. Existing investors […]

donut robotics has entered into a capital and business alliance with Japanese nursing home operator Charm Care Corporation to develop humanoid robots for eldercare applications. Charm Care, which operates more than 100 private nursing homes in the Kansai and Greater Tokyo areas, will invest ¥300 million (approximately $2 million) in donut robotics through a subscription […]

Teradyne, a provider of automated test equipment and advanced robotics systems, and Bright Machines, a next-generation manufacturer bringing AI and data center infrastructure production to the edge, have announced a strategic investment by Teradyne in Bright Machines. The investment accompanies a strategic collaboration focused on integrating Teradyne robotics and test technologies with Bright Machines’ software-defined […]

SafeWorld, an AI lab building robot safety simulation technologies, has emerged from stealth with $12.2 million in seed funding co-led by Shine Capital and a16z Speedrun, along with Box Group, Carnegie Mellon University Endowment, Innovation Endeavors, SV Angel, and other venture capital and angel investors. SafeWorld’s platform provides safety testing and simulation software to help […]