DroneBase Secures $55 Million to Launch Next Stage Advanced Inspection under New Brand Zeitview
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DroneBase Secures $55 Million to Launch Next Stage Advanced Inspection under New Brand Zeitview

DroneBase has secured $55 million in investment and rebranded as Zeitview. Led by Valor Equity Partners, an investment firm backing technology companies, the round was followed by existing investors Union Square Ventures, Upfront Ventures, Euclidean Capital, Energy Transition Ventures, and Hearst Ventures. The new funding will support the company’s AI-enabled software inspection solutions. Zeitview inspection professionals use rotary wing drones, crewed…

Covariant to Increase Investment in Automation Despite Economic Uncertainties
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Covariant to Increase Investment in Automation Despite Economic Uncertainties

Covariant study concludes more than half of retail executives will leverage material handling as a competitive advantage in 2023, regardless of cost. Despite a looming recession, retailers and their logistics providers are planning to increase investment in automation solutions, including AI Robotics, to optimize operations and revitalize the customer experience. The challenges that retailers and…

Phantom AI Raises $36.5M to Advance Autonomous Driving Platform
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Phantom AI Raises $36.5M to Advance Autonomous Driving Platform

Phantom AI, a Silicon Valley-based startup developing an autonomous driving platform with computer vision, sensor fusion and control capabilities, has announced it raised $36.5 million in a Series C funding round. The company aims to help customers reduce accidents and make everyday driving more enjoyable, while also unlocking what is next in the advanced driving…

Raise Robotics Raises $2.2M in Seed Round Funding
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Raise Robotics Raises $2.2M in Seed Round Funding

Raise Robotics, which develops robotic equipment for construction sites, has announced it raised $2.2 million in a pre-seed funding round (reported by Construction Dive). The company is currently providing fenestration and mass timber contractors with semi-autonomous equipment that completes bracket layout, installment and verification four times faster than standard methods. “Our mission at Raise is…

Scythe Robotics Raises $42M for Commercial Autonomous Mower
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Scythe Robotics Raises $42M for Commercial Autonomous Mower

Colorado-based Scythe Robotics, which develops advanced commercial-grade autonomous systems for professional landscapers, has announced it raised $42 million in Series B funding. The company said it will use the funding to help meet demand for more than 7,500 reservations for its fully electric, fully autonomous M.52 mower. With the latest financing, Scythe Robotics has raised…

Outrider Raises $73M to Accelerate Adoption of Autonomous Distribution Yard Operations
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Outrider Raises $73M to Accelerate Adoption of Autonomous Distribution Yard Operations

Outrider, which develops autonomous yard operations for logistics hubs, has announced it closed $73 million in Series C financing led by FM Capital. New investors include a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and NVentures, NVIDIA’s venture capital arm. Existing investors participating in the round include Koch Disruptive Technologies (KDT) and New…

XTEND Earns $20M Contract to Develop Multi-Drone OS
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XTEND Earns $20M Contract to Develop Multi-Drone OS

XTEND, which develops the XOS human-guided autonomous operating system that aims to revolutionize human-to-machine interaction, announced it was awarded a $20 million contract by the Israel Ministry of Defense to develop and supply a multi-drone operating system. The new joint project with MAFAT and the Israeli Ministry of Directorate of Defense Research & Development will…

Bloomfield Robotics Earns Investments from Kubota, Oeneo
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Bloomfield Robotics Earns Investments from Kubota, Oeneo

Pittsburgh-based Bloomfield Robotics, which develops artificial intelligence-driven plant imaging technology for use in specialty agriculture, has announced receiving investments from Kubota Corp. and Oeneo Group SA. Terms of the investment were not disclosed. Kubota, which designs and manufactures agricultural tractors, said it is renewing its investment and strengthening its commitment to Bloomfield. The deeper relationship…

Photoneo Brightpick Raises Extra $19M to Complete $40M Fund Round
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Photoneo Brightpick Raises Extra $19M to Complete $40M Fund Round

Kentucky-based Photoneo Brightpick Group has announced it raised an additional $19 million to complete a $40 million Series B funding round. The group is the parent company of Photoneo, which develops robotic vision sensors and intelligence software, and Brightpick, which develops warehouse automation solutions for e-commerce and grocery order fulfillment operations. The new funding raises…

Ottopia Raises $14.5M to Advance Teleoperation Technology
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Ottopia Raises $14.5M to Advance Teleoperation Technology

Israel-based Ottopia has announced it raised $14.5 million in a Series A funding round. The company’s mission is to enable autonomy in multiple industries, including mobility, logistics, freight, last-mile delivery, agriculture and construction. The company’s teleoperation software enables autonomous vehicles and machines to do things they otherwise cannot, while also allowing developers to cut their…

L3Harris Delivers First T7 Explosive Ordnance Disposal Robots to U.S. Air Force
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L3Harris Delivers First T7 Explosive Ordnance Disposal Robots to U.S. Air Force

L3Harris Technologies announced delivery of the first of more than 100 T7 explosive ordnance disposal robots to the U.S. Air Force as part of a contract supporting the USAF’s global EOD mission. The L3Harris T7 EOD robot, compared to previous systems, offers increased speed, improved lift, reach strength, extended battery life and human-like dexterity, increasing…

DOD Awards $50M to Kodiak Robotics for Autonomous Army Ground Vehicles
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DOD Awards $50M to Kodiak Robotics for Autonomous Army Ground Vehicles

Kodiak Robotics, Inc., which develops self-driving trucking technology, announced it has been awarded a $49.9 million, 24-month U.S. Department of Defense (DOD) agreement to help automate future U.S. Army ground vehicles led by the Army’s Robotic Combat Vehicle (RCV) program. This effort will be in support of vehicles designed for reconnaissance, surveillance, and other high-risk missions. Through this…

Cleo Robotics to Develop Tactical Drone for U.S. Army
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Cleo Robotics to Develop Tactical Drone for U.S. Army

Cleo Robotics, which develops the Dronut aerial vehicle platform, has announced a contract with the U.S. Army to deliver several prototype Tactical Dronut (TacDronut) systems to be used for intelligence, surveillance and reconnaissance (ISR) tasks. The $2.5 million contract was awarded by the U.S. Army’s Rapid Capabilities and Crticial Technologies Office (RCCTO) following an Army…

Sanctuary Cognitive Systems Receives $30M from Canadian Government for General-Purpose Robots
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Sanctuary Cognitive Systems Receives $30M from Canadian Government for General-Purpose Robots

Sanctuary Cognitive Systems Corp., a company that develops human-like intelligence in general-purpose robots, announced it received a $30 million Strategic Innovation Fund (SIF) contribution to advance its technology and address labor-related challenges in the economy. The contribution comes from the government of Canada. SIF projects promote the long-term competitiveness of Canadian industries, clean growth, and the advancement of Canada’s strategic…