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LG Makes Strategic Investment in Bear Robotics

Robotics Business Review

LG Electronics is making a strategic investment move to expedite the advancement of Bear Robotics capabilities in service robotics, a key new business area of the company. After finalizing the stock purchase, the company will become the largest single shareholder of Bear Robotics.

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Kiwibot acquires AUTO to strengthen delivery robot security

Robotics Business Review

Kiwibot will add intellectual property from AUTO Mobility Solutions to its delivery robot portfolio. Source: Kiwibot Consolidation among mobile robot providers is not limited to warehouses. ” Kiwibot develops delivery robots Berkeley, Calif. . ” Kiwibot develops delivery robots Berkeley, Calif. .

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Nimble picks up $106M to scale general purpose fulfillment robot

Robotics Business Review

“Nimble directly addresses this gap with turnkey autonomous fulfillment centers powered by our intelligent general-purpose warehouse robots—the first to reliably and cost-effectively handle all core fulfillment tasks,” he added. ” Founded in 2017, Nimble’s services include robotic fulfillment and transportation. .”

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Walmart makes multiyear agreement with Fox Robotics, takes a stake

Robotics Business Review

Source: Fox Robotics The word’s biggest retailers are continuing to add automation. today announced that it has entered into a multiyear agreement with Fox Robotics Inc. In addition to its initial rollout of 19 FoxBot autonomous forklifts, Walmart has invested growth capital for a minority stake in Fox Robotics.

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MassRobotics resident startups have raised over $1B in seven years

Robotics Business Review

Credit: Eugene Demaitre BOSTON — One measure of success for a robotics cluster is how much funding its member companies obtain. MassRobotics this month announced that resident startups have raised more than $1 billion since its founding in 2017. “Many of them have moved on from our co-working space and continue to grow. .”

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HowToRobot merges with Gain & Co., brings in investment

Robotics Business Review

a robotics and automation advisor, announced a merger last week. Now operating under the name “HowToRobot,” the combined company said that while the need for robotics is stronger than ever, most businesses still struggle to automate. Learn from Agility Robotics, Amazon, Disney, Teradyne and many more.

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Bluewhite raises $39M to expand autonomous tractors to farms worldwide

Robotics Business Review

Credit: The Robot Report Bluewhite this week announced that it secured $39 million in Series C financing. “This next phase of our growth will help provide unprecedented transparency throughout the food supply chain and ensure healthier, safer, and more sustainable food production and consumption,” he added.

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