With a focus on accelerating autonomous mobility through learning based approaches instead of hand-coded rules, startup company Wayve has announced a $20 million Series A funding round to launch a pilot fleet of autonomous vehicles in central London.
Wayve is of the belief that more physical sensors and hand-coded rules aren't the key to solving the complexity of self-driving cars. Instead, the company believes that better artificial intelligence “brains” are the key to solving the complexity of self-driving cars.
Investment
Investment
DroneDeploy to use latest funding to expand internationally, continue building suite of offerings
DroneDeploy has closed a $35 million Series D round, bringing the company’s total funding to $90 million.
DroneDeploy will use the funding to expand internationally, move into new industries, and continue building out its suite of offerings for customers.
“Businesses of every size are turning to DroneDeploy to enable them to make better decisions,” says Mike Winn, co-founder and CEO of DroneDeploy.
Robotics company Toggle to use latest funding to further development of technology
A startup that uses robotics and automation to optimize the fabrication and assembly of rebar called Toggle has announced that it has raised $3 million in seed-funding.
Toggle will use the funding to expand its team, and continue the development of its robotics technology.
“Global urbanization is driving demand for ever larger and more complex urban highrise and civil infrastructure construction. At Toggle we believe that part of the solution to delivering these projects will be through leveraging robotics and automation to multiply the productivity of labor,” explains Toggle CEO, Daniel Blank.
Realtime Robotics to use funding to accelerate development of more commercial product releases
Realtime Robotics, the developer of responsive motion planning for industrial robots and autonomous vehicles, has raised $11.7 million in Series A funding.
This capital will be used for several efforts, including accelerating the development of more commercial product releases, and growing the Realtime Robotics team to support key customers and partners across the world.
“The commitment garnered from strategic investors reflects both the need and the demand for smarter robots,” says Peter Howard, CEO, Realtime Robotics.
Einride to use latest funding to support organizational growth and continued investment in its software platform
Autonomous transport provider Einride has raised $25 million in a Series A round.
The company will use the funding to support both organizational growth and continued investments in its software platform. The funding will also be used to further international expansion, which will allow the company to continue building demand for sustainable transport and delivering on its growing number of customer contracts with entities such as logistics provider DB Schenker, supermarket chain Lidl and transport intensive companies based in the U.S.
Aeronyde to establish new drone operations command and control center in Covington, Virginia
A new drone operations command and control center will be established in the city of Covington, Virginia thanks to a $350,000 investment from Melbourne, Florida-based Aeronyde Corporation, which provides aerial informatics technologies that focus on UAS-based data acquisition and machine learning analysis technologies.
25 new jobs will be created as a result of the investment.
Self-driving vehicle startup DeepRoute raises $50 million in funding
Self-driving vehicle startup DeepRoute has raised $50 million in its pre-Series A funding round to expand the global presence of its autonomous driving technologies.
With the funds, DeepRoute will be able to accelerate the research and development of autonomous technologies for passenger vehicles.
“Our team is very excited about the most recent round of funding we have received and how these funds will help further the advancement of autonomous vehicles on our roads,” says Shuang Gao, chief operating officer of DeepRoute.
Diligent Robotics launches hospital robot assistant into market
Diligent Robotics has launched its first product, a hospital robot assistant called Moxi, out of beta into market. The robot was expected to be introduced into a hospital in Texas on Wednesday, Oct. 2.
An artificial intelligence company that is building “socially intelligent robots” that help people with their jobs, Diligent Robotics has also announced that it has raised $3 million in seed funding, which the company will use to support its launch of Moxi into its first full-time hospital customers. Funding will also be used to support the company’s continued investment in product strategy and development in both hardware and software.
AIRT to use grant to help expand its DroneResponders program
The Motorola Solutions Foundation, which is the charitable arm of Motorola Solutions, has awarded the Airborne International Response Team (AIRT) a grant that it will use to expand its DroneResponders program, which focuses on supporting the awareness and education of UAS use by public safety agencies and first responders across the globe.
“We are very honored to have been selected as one of the Motorola Solutions Foundation 2019 grant awardees,” says Christopher Todd, executive director of AIRT.
“This funding will help DroneResponders make an even greater impact in supporting first responders using drones for good in their local communities and beyond.”
Built Robotics raises $33 million for autonomous construction technologies
Built Robotics, a developer of technology that transforms construction equipment into fully autonomous robots, has announced the close of a $33 million Series B.
Existing equipment from any manufacturer can be equipped with Built Robotics’ automated guidance systems, while still maintaining the ability to have complete manual operation. The upgraded equipment can perform a variety of tasks fully autonomously including digging trenches, excavating foundations, and grading building pads.
A web-based platform manages the autonomous fleet, which allows the robots to be supervised by remote equipment operators.
