Robotics

12 stories in the last two weeks

Duc Dao / TNGlobal ·

Singapore-based dConstruct Robotics, which develops spatial tech to let autonomous robots operate in complex, GPS-denied environments, raised a $125M Series A

Singapore-based dConstruct Technologies has closed a $125 million Series A funding round, marking the standout achievement …

Minxiao Chang / South China Morning Post ·

Chinese robot maker UBTech launches U1, a line of humanoid robots for personal companionship with lifelike silicone skin and emotional AI, priced from $17,650

The unveiling of model U1, which has silicone skin and emotional AI, reflects tech firms' drive to expand robotics beyond industrial use.

Bloomberg ·

Chinese robotics startup AI² Robotics raised ~$736M at a ~$2.9B valuation; Alibaba-backed X Square Robot raised an undisclosed amount at a ~$2.9B valuation

Two Chinese robotics startups have been valued at more than $2.9 billion in recent funding rounds, demonstrating steady interest …

Joshua Brustein / Bloomberg ·

Humanoid robot maker Apptronik raised ~$1B at a ~$5B valuation, including from Mercedes-Benz, which has a handful of Apptronik's Apollo robots in its factories

Jeff Cardenas says bringing humanoid machines into the mainstream will be a gradual process.

Financial Times ·

As China's working-age population shrinks, a consensus is emerging that it must deploy embodied AI robots into as many tasks as possible, as soon as possible

The country's workforce is set to fall to 300mn by the end of the century. Beijing wants humanoids to narrow the labour gap.

Lauren Thomas / Wall Street Journal ·

Humanoid robot maker Agility plans to go public via a merger with Michael Klein's SPAC, in a deal valuing Agility at ~$2.5B, listing under ticker symbol AGLT

Agility's humanoid robot, Digit, is used by companies including Amazon

Ian King / Bloomberg ·

Nvidia unveils Halos, a safety-focused OS developed from autonomous vehicle tech and designed to run on IGX Thor hardware for humanoid robots, and opens a lab

Nvidia Corp. is working to make humanoid robots safer around people, arguing that they'll need to handle split-second decisions …

Financial Times ·

JD.com founder Richard Liu says robots will replace the company's 700K delivery workers "sooner or later", and it will help retrain them in robot maintenance

China's rapid adoption of technology threatens millions of gig-economy jobs, policymakers fear

Iris Deng / South China Morning Post ·

Shenzhen-listed Apple supplier Lingyi iTech seeks to raise $1.1B in a June 26 Hong Kong debut, as the electronic parts maker expands into AI hardware and robots

The Shenzhen-listed components maker is using a Hong Kong float to fund its push into AI servers, smart glasses and robotics

Jiahui Huang / Wall Street Journal ·

Shanghai-based Coowa, which develops embodied AI robots, plans to file a Hong Kong IPO; Coowa was valued at $3B after raising $600M in its latest round

Shanghai-based Coowa plans to file the IPO application within the next two to three months

Cristian Dina / The Next Web ·

San Diego-based Aether AI, which is building "causal world models" to teach robots cause and effect instead of pattern-matching, raised a $20M seed led by MPCi

Aether AI, founded by UC San Diego causality researcher Biwei Huang, has raised a $20mn seed round to build "causal world models" for robots.

Caroline Petrow-Cohen / Los Angeles Times ·

SF-based Humble Robotics, which is developing an electric, self-driving cabless freight truck with 200 miles range and 55 mph max speed, raised $24M

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