Funding in the Robotics industry is growing day by day. More enterprises are coming forward and adapting themselves with the use of robotics. This is attracting more investors to fund the robotic companies. The following are some of the latest findings done in this month of June.
Botrista Technology Inc, the maker of the Botrista DrinkBot, has announced that it has raised $10 million in a Series A funding led by Purestone Capital and La Kaffa International, with participation from Sony Innovation Fund, Middleby Corp., and PIDC. The funding brings Botrista's total amount of capital raised to $16 million. The new funding will be used to further ramp up deployment operations to roll out the DrinkBot nationally. Botrista said it provides beverage solutions to deliver a variety of craft beverages, including infused teas and latte flavored lemonades, iced coffees, and more – without a full bar. The DrinkBot is described as an automated craft drink solution that enables anyone to make a complex beverage.
UK-based robotics company CMR Surgical this morning announced a $600 million Series D. This latest round, led by SoftBank's Vision Fund 2 and co-led by Ally Bridge Group, joins an existing $384.8 million already raised by the Cambridge firm. It values the company at $3 billion. CMR's flagship product is Versius. The robotic system is designed to perform minimally invasive keyhole surgery, primarily focused on serious conditions like bowel disease or bowel cancer. The platform has been used globally and has thus far been involved in 1,000 surgeries, according to CMR's numbers.
Realtime Robotics, the leader in autonomous motion planning for industrial robots, has announced that it has completed its $31.4 million Series A round. New strategic investors including HAHN Automation and SAIC Capital Management, as well as new institutional investors Soundproof Ventures and Heroic Ventures, join existing investors SPARX Asset Management, Omron Ventures, Toyota AI Ventures, Scrum Ventures, and Duke Angels in concluding this round.
ElectroNe, a leading robotic process automation (RPA) platform for managed service providers (MSPs) and IT teams, has announced that it raised $20 million in a Series A funding round led by Baring Vostok the ith participation of AICPA and existing investors – YellowRockVCs.vc, Dragon Capital, I2BF, Angelsdeck, Gokul Rajaram and others. Following the new funding influx, ElectroNeek's valuation now exceeds $100 million. ElectroNeek offers a comprehensive suite of software solutions to help companies of all sizes automate repetitive tasks, which simplifies IT processes and reduces costs. ElectroNeek has democratized complex RPA technology making it accessible and affordable to all businesses. It has done so by using a unique approach to the deployment and scalability of RPA workflows.
Scythe Robotics (Scythe), the creator of commercial-grade autonomous robotic solutions for the landscaping industry, announced its first offering: an all-electric, fully autonomous mower, designed completely in-house. Scythe also announced its $13.8M in Series A funding led by Inspired Capital with participation from existing investors True Ventures, Zigg Capital, and Lemnos, bringing the company's total funding to $18.6M. The new investment will be used to grow the company's existing operations in Texas, Florida, and Colorado, expand with new customers, and accelerate ate development of further products for use by commercial landscape contractors.
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