Zoho Acquires Asimov Robotics to Boost R&D in Robotics
Jul 03
Tacta Systems' $75M Boost, Cyngn & NVIDIA's Big Move, and AI Market's $25.68B Future - Robotics Brief #24
July 03, 2025 -
Robotics Brief
Hi there,
In this edition of the Robotics Brief, we delve into a series of exciting developments in the world of robotics and artificial intelligence. Tacta Systems has successfully secured $75 million to advance its Dextrous Intelligence technology, which aims to equip robots with human-like tactile skills and spatial awareness. Meanwhile, Len Pagon Jr. has been appointed as the new CEO of Robots & Pencils, where he will focus on driving the company's growth in artificial intelligence.
Additionally, a report by The Insight Partners forecasts that the global embedded AI market is set to reach $25.68 billion by 2031, fueled by the expansion of IoT and AI integration across various sectors. In a significant collaboration, Cyngn Inc. has partnered with NVIDIA at Automatica 2025 to focus on autonomous vehicle solutions using the NVIDIA Isaac robotics platform. These stories highlight the dynamic and rapidly evolving landscape of AI and robotics, showcasing the innovative strides being made across the industry.
In this edition of the Robotics Brief, we delve into a series of exciting developments in the world of robotics and artificial intelligence. Tacta Systems has successfully secured $75 million to advance its Dextrous Intelligence technology, which aims to equip robots with human-like tactile skills and spatial awareness. Meanwhile, Len Pagon Jr. has been appointed as the new CEO of Robots & Pencils, where he will focus on driving the company's growth in artificial intelligence.
Additionally, a report by The Insight Partners forecasts that the global embedded AI market is set to reach $25.68 billion by 2031, fueled by the expansion of IoT and AI integration across various sectors. In a significant collaboration, Cyngn Inc. has partnered with NVIDIA at Automatica 2025 to focus on autonomous vehicle solutions using the NVIDIA Isaac robotics platform. These stories highlight the dynamic and rapidly evolving landscape of AI and robotics, showcasing the innovative strides being made across the industry.
Tacta Systems Secures $75 Million for Dextrous Intelligence
Tacta Systems, a robotics company, has raised $75 million to advance its Dextrous Intelligence technology, which aims to provide robots with human-like tactile skills and spatial awareness. Read more
Embedded AI Market to Reach $25.68 Billion by 2031
A report by The Insight Partners forecasts the global embedded AI market to grow significantly, reaching USD 25.68 billion by 2031, driven by IoT expansion and AI integration across sectors. Read more
Cyngn Partners with NVIDIA at Automatica 2025
Cyngn Inc. has announced a collaboration with NVIDIA at Automatica 2025, focusing on autonomous vehicle solutions using the NVIDIA Isaac robotics platform. Read more
XTEND Reality Inc. Opens U.S. Headquarters and Drone Facility in Tampa
XTEND Reality Inc. has inaugurated its new U.S. headquarters and drone production facility in Tampa, Florida, aiming to boost domestic drone production and create high-tech jobs. Read more
Nota AI and Renesas Partner on Driver Monitoring AI
Nota AI has teamed up with Renesas to create a driver monitoring AI system for the RA8P1 microcontroller, focusing on improving vehicle safety and efficiency. Read more
Genrobotics Robots Revolutionize Sewer Cleaning in Chennai
The Chennai Metropolitan Water Supply and Sewerage Board marks one year of using Bandicoot Mobility+ robots, which have cleaned over 5,000 manholes and drains, enhancing sanitation and safety. Read more
Robots & Pencils Appoints New CEO for AI Growth
Len Pagon Jr. has been named CEO of Robots & Pencils, focusing on expanding the company's AI initiatives. Read more
GFT and NEURA Robotics Partner for Physical AI Software
On June 30, 2025, GFT Technologies and NEURA Robotics announced a strategic partnership to develop a software platform aimed at advancing physical AI and cognitive robotics. Read more
Zoho Acquires Asimov Robotics to Boost R&D in Kerala
Zoho Corporation has acquired Asimov Robotics, a Kerala-based company, to enhance its research and development in robotics. The acquisition coincides with the opening of Zoho's new campus in Kottarakkara, Kerala. Read more
Lobster Robotics Partners with Dutch Ministry for Military AUV
Lobster Robotics has teamed up with the Dutch Ministry of Defence to create a militarised version of its Scout autonomous underwater vehicle for the Royal Netherlands Navy. This collaboration was formalized at the NATO summit in The Hague. Read more
Huaxiang Secures Deal to Build Humanoid Robots for AgiBot
Chinese company Huaxiang saw a significant stock increase after announcing a contract to develop humanoid robots for AgiBot. Read more
Richtech Robotics Secures $4M Sales Agreement in Asia
Richtech Robotics has entered a $4 million sales agreement with Beijing Tongchuang Technology Development Co., Ltd. through their joint venture. This deal aims to expand their presence in Asia's AI robotics market. Read more
Formant Launches AI Features for Robots
The company Formant has introduced new features incorporating generative AI and agentic reasoning to improve robotic operations. Read more
O'Shaughnessy Ventures Awards Fellowship to Robotics Engineer
O'Shaughnessy Ventures has granted a $100,000 fellowship to Alexandros Petkos, a young robotics engineer from Greece. Petkos aims to create open-source autonomous robots for hazardous tasks using advanced AI models. Read more
Chang Robotics Fund Invests in Five Companies
The Chang Robotics Fund has made its first investments in five companies, aiming to boost American manufacturing and automation. Read more
Amazon Deploys 1 Millionth Robot and Launches DeepFleet AI Model
Amazon has reached a significant milestone by deploying its 1 millionth robot and introducing the DeepFleet AI foundation model. This new model is designed to improve the efficiency of Amazon's robotic operations by 10%. Read more
Coco Robotics Raises $80 Million for Robot Fleet Expansion
Coco Robotics, an autonomous delivery company, has secured $80 million in funding to expand its self-driving delivery robot fleet to 10,000 by 2026. The company has already completed over half a million zero-emission deliveries in various cities. Read more
Roush Industries to Enhance Kodiak Robotics' Self-Driving Trucks
Roush Industries will work with Kodiak Robotics to integrate autonomous technology into trucks. The collaboration will focus on producing self-driving trucks starting in 2025, with initial units for Atlas Energy Solutions. Read more
Genesis Robotics Raises $85 Million in Funding
Genesis Robotics has secured $85 million in a funding round led by Khosla Ventures and Eclipse Capital. The Paris-based startup focuses on developing synthetic data for AI model training in robotics. Read more
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