LATEST NEWS AND DEVELOPMENTS
For the last many years there have been very few stock IPOs (Initial Public Offerings). Promising companies have been acquired instead, eg: Kiva Systems and Universal Robots. But two robotics-related companies have recently filed: one for the Tokyo Stock Exchange and the other for the New York St...
In a world where futuristic & financial developments roll out on the regular, ROBO Global takes the time to find the need to know robotics news for investors. Here are the highlights from the week of November 27 - December 2 in the world of robotics & automation:
Intel is establishing an autonomous driving division; hacker George Hotz is open-sourcing his self-driving software in a bid to become a network company; LiDAR and distancing devices are changing. What's it all mean?
Seventeen robotics-related companies got funded for a combined total of over $225 million. Four more got acquired. Three went public to raise funds. And one failed.
In a world where futuristic & financial developments roll out on the regular, ROBO Global takes the time to find the need to know robotics news for investors. Here are the highlights from the week of November 5-11 in the world of robotics & automation:
Zoox, the secretive Silicon Valley startup working to build its own self-driving cars, has quietly raised $50 million (in October) in a Series A round led by Composite Capital Management, a Hong Kong-based hedge fund. This brings Zoox's total equity funding to $290 million.
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