Japanese technology giant NEC’s corporate venture capital fund has invested in US-based robotics startup Dexmate, developer of the VEGA humanoid robot and an integrated physical AI development platform. The investment was made through the NEC Orchestrating Future Fund (NOFF), with NEC and Dexmate planning to explore opportunities to deploy physical AI technologies across a range […]

The Food and Drug Administration granted Travere Therapeutics full approval for FILSPARI in focal segmental glomerulosclerosis on April 13, 2026, the drug’s second full approval after a 2023 clearance for IgA nephropathy. Travere’s stock rose 43 percent the next day, closing at $43.81.  The DUPLEX Data Behind a Second Approval FSGS damages the kidney’s filtering […]

FORT Robotics, a safety platform developing a “trust layer” for physical AI, and Newbury Street II Acquisition Corp, a special purpose acquisition company, have entered into a definitive business combination agreement that will result in the combined company becoming a publicly traded company. Upon closing of the business combination, the combined company will be named […]

Unitree Robotics’ initial public offering has reportedly been oversubscribed more than 5,000 times as investors scramble for shares in one of China’s best-known humanoid robot manufacturers. The Hangzhou-based company priced its IPO at 150.8 yuan ($22.4) per share, raising approximately $900 million and giving Unitree a valuation of around $9 billion, according to CNBC. Demand […]

Chinese robotics company Unitree has priced its initial public offering at a valuation of approximately $9 billion, becoming the country’s first mainland-listed humanoid robot manufacturer and highlighting growing investor interest in AI-powered robotics despite rising geopolitical tensions. The Hangzhou-based company said it has priced its Shanghai STAR Market IPO at 150.8 yuan ($22.34) per share, […]

German robotics company Agile Robots expects to double its revenue this year as demand for industrial automation continues to grow, according to an interview with the company’s chief executive published by the Wall Street Journal. CEO Zhaopeng Chen told the newspaper that Agile Robots generated revenue of €300 million (approximately $346 million) in 2025 and […]

Humanoid, a UK-based AI and robotics company building industrial humanoid robots, today announced a $152 million Series A financing at a $1.35 billion post-money valuation. This funding brings the total amount raised to date to $270 million. The round was led by Prime Movers Lab, a venture capital firm focused on investments in breakthrough scientific […]