LATEST NEWS AND DEVELOPMENTS
Farmers, ranchers and growers the world over are transitioning to precision agricultural methods, i.e., subdividing their acreage into many unique sub-plots -- in some cases right down to the individual plant, tree, or animal -- thereby enabling increased productivity, trace-ability and lower ove...
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.
October fundings for robotics-related startups totaled $306.75 million bringing the year-to-date funding figure very close to $1.5 billion. For acquisitions, three of the six companies acquired reported that $390.5 million traded hands. All in all another strong month for robotics.
CB Insights Drone Quarterly Financing Trends to VC-Backed Companies shows a downward trend. The Robot Report's monthly funding reports shows something different: a change in the nature of drone applications getting funded.
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