Plus One Robotics Reels In $8.3M Series A
San Antonio, Texas-based Plus One Robotics Inc, a 3-D vision and controls developer for robotic automation in the logistics and e-commerce markets, has raised $8.3 million in Series A funding. Pritzker Group [...]
Autonomous Drone Startup Airobotics Raises $30M To Accelerate U.s. Expansion
Israel's Airobotics today announced a $30 million round of funding as the company continues to build out its U.S. operations.
Bright Machines Raises Series A For Manufacturing Robotics
California-based manufacturing robotics startup Bright Machines raised $179 million in a Series A funding round. The round of investment was led by venture capital firm Eclipse, and comes along with the company's full launch.
Datarobot Raises $100M Series D Led By Meritech And Sapphire Ventures
BOSTON--(BUSINESS WIRE)--#AI--DataRobot Raises $100 Million Series D Led by Meritech and Sapphire Ventures. : BOSTON--(BUSINESS WIRE)--DataRobot, the creator of the automated machine learning category, has raised $100 million in Series D funding, bringing its total funding to $225 million. The round was led by Meritech and Sapphire Ventures, with participation from DFJ Growth and 16 previous investors including NEA, IA Ventures, and Intel Capital.
Boston Machine Learning Firm Datarobot Gets $100M To Automate Data Science
Boston startup DataRobot wrapped up a new $100 million funding round, injecting more cash into what was already one of the region's biggest bets on machine learning and artificial intelligence. Palo Alto, CA-based venture firms Meritech and Sapphire Ventures led the Series D investment, with DFJ Growth, New Enterprise Associates, and IA Ventures also participating [...]
Xconomy: Uipath Snags $225M To Expand Robotic Workforce For Businesses
Top venture capital firms continue to pour money into software robotics companies that promise to automate monotonous business operations, like processing mortgage applications, that are often performed by humans. New York-based UiPath is the latest such company to score a haul, announcing Tuesday it raised $225 million in a Series C funding round co-led by [...]
Uipath Lands $225m Series C On $3B Valuation As Robotics Process Automation Soars - Techcrunch
UIPath is bringing automation to repetitive processes inside large organizations and it seems to have landed on a huge pain point. Today it announced a massive $225 million Series C on a $3 billion valuation. The round was led by CapitalG and Sequoia Capital. Accel, which invested in the companies A and B rounds also [...]
Are Robots Coming For Your Lawyer | Gene Marks | Business
San Francisco-based Atrium wants machines to do the work of some high-paid lawyers but says it's about 'humans + software'There's a lot of attention being paid to how artificial intelligence technology will potentially replace many low-paid, low-level, unskilled jobs like retail clerks, customer service agents and factory workers. But now a startup is taking aim at a different kind of industry - one with highly skilled, highly paid professionals: law firms. Related: Businesses are confident in Trump's economy - but challenges still loom | Gene Marks Continue reading...
Xconomy: Robotic Kitchen Startup Spyce Grabs $21M To Open More Restaurants
Spyce plans to open more restaurants along the East Coast featuring its "robotic kitchen" system, thanks to a fresh infusion of $21 million in venture capital. The Somerville, MA-based startup's Series A funding round was led by Collaborative Fund and Maveron, according to an announcement Friday. Other investors in the deal include earlier Spyce backer [...]
Greyorange Raises $140M As The Fulfillment Robot Industry Heats Up
Singapore industrial robotics startup GreyOrange has raised $140 million to expedite warehouse fulfillments with machinery. : Fulfillment is a $9 billion industry. Roughly 60,000 employees handle orders in the U.S., and companies like Apple manufacturing partner Foxconn have deployed tens of thousands of assistive robots in assembly plants overseas. But despite all the manpower and machinery, a mere 30 percent of warehouses in the U.S. are operating efficiently, according to a study by the Georgia Institute of Technology. That's where GreyOrange -- and its investors -- see a golden opportunity.