SoftBank and ABB explore China carve-out to save $5.4 billion robotics deal
SoftBank and ABB are looking at a separate entity for the China part of ABB Robotics after Beijing blocked the deal, Bloomberg News reported.
SoftBank and ABB are looking at a separate entity for the China part of ABB Robotics after Beijing blocked the deal, Bloomberg News reported.
Machina Labs received a $9 million Pentagon contract for an 18 month trial to produce metal airframes for LUCAS attack drones using robotic arms and AI.
TEKEVER plans to establish its first Nordic operational presence in Odense, Denmark, while EIFO will join the closing of its $580 million Series D round.
Physicl raised $10 million in seed funding from Inovia Capital and released Studio, a platform that generates synthetic data for training robots and physical AI models.
URobotics raised about $30 million in a Series A round co led by Kiwoom Investment and K2 Investment Partners.
Serve Robotics is expanding beyond delivery operations with connectivity and data products for other robotics companies.
Axon will invest another $1.2 billion in Skydio and become its exclusive public safety distributor in the United States and Canada.
Zipline raised $1.5 billion to expand its drone delivery network and manufacturing capacity in the United States. Walmart will add 300 Zipline delivery sites under a multiyear agreement.
Humble Robotics raised $51 million to develop electric autonomous trucks without driver cabs. Customer pilots are planned for early 2027, followed by commercial operations later that year.
Construction robotics companies raised about $1.6 billion through October 29, with Bedrock Robotics, ICON and Gravis Robotics accounting for 83% of the total.
Unitree Robotics says its humanoid robots can use GPT 6 to paint pictures and play chess without prior task training.
RuixinXing raised tens of millions of yuan from Sinovation Ventures, Zhongli and Today International. The company develops industrial robots that learn during picking and coordinate tasks across large fleets.
China's state planner has blocked SoftBank's $5.4 billion acquisition of ABB's robotics division over concerns about robotics data leaving the country.
GE HealthCare led the Series B financing, which will support Laza Medical's AI and robotics based imaging system for cardiac procedures.
Corridian raised $38 million in seed funding to develop autonomous underwater vehicles that transport military payloads across contested waters. Point72 Ventures led the round.
Aformic raised $6.95 million in its first institutional funding round to expand its autonomous mobile robots and fleet management software across North American manufacturing and defense markets.
Xpeng introduces GroundingPI, an open source embodied perception model with about 4 billion parameters. The company says it outscored OpenAI's GPT-6 Astra across 34 public perception benchmarks.
Syncere raised an $11 million pre seed round led by a16z Speedrun to deliver its first Lume robot lamps, expand manufacturing and adapt its robotics technology for commercial uses.
Robot navigation technology supplier Amicro is offering shares in Hong Kong, with trading expected to begin on November 12. The company supplies chips, algorithms and components used in cleaning robots and other machines.
GenRobot AI raised $100 million in Series A+ funding to develop its data infrastructure and expand its Matrix platform for robot training.
Weekly coverage of AI-driven robotics advances in industrial automation, autonomous vehicles, and robotic systems.