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industrial Automation

AutoVRse Raises $2.4 Million to Expand AI-Powered Smart Glasses and VR Training Solutions for Healthcare Industry

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AutoVRse Co-Founders (L-R) Adarsh Muthappa, Co-Founder & Game Director, AutoVRse, Angad Raghavan, Co-Founder & Chief Operating Officer, AutoVRse, Anuj Gupta, Co-Founder & Chief Business Officer, AutoVRse

Industrial AI and immersive technology startup AutoVRse has secured $2.4 million in fresh funding to expand its AI-powered smart glasses and virtual reality training solutions across the global healthcare, pharmaceutical, and medical technology sectors. The funding round was co-led by Singularity AMC’s Large Value Fund III and Early Opportunities Fund, with participation from existing investor … Read more

Robots Are Coming Home: Five Developments That Defined Robotics This Week

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Photo: XPeng

The past seven days delivered a concentrated burst of robotics news that, taken together, paint a picture of an industry shifting from proof-of-concept to mass deployment. From factory floors to living rooms, from Chinese EV boardrooms to a sprawling Arizona desert test track, the machines are advancing on every front. XPeng’s CEO Takes Personal Control … Read more

Integra Robotics Raises $1.12 Million to Expand AI-Powered Robotics Solutions for Industrial and Defence Applications

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Integra Robotics

Indian deep-tech startup Integra Robotics has raised US$1.12 million in a Pre-Series A funding round led by Finvolve, with participation from India Accelerator and GrowthCap Venture Fund. The investment will support the company’s efforts to expand its robotics portfolio, strengthen its AI capabilities, and accelerate commercial deployment across industrial and defence sectors. The funding round … Read more

Energy Robotics Secures $13.5 Million Series A Funding to Accelerate AI-Powered Autonomous Inspection

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Energy Robotics

Energy Robotics, a leading provider of AI software for autonomous inspection using robots and drones, has announced the successful closure of its $13.5 million Series A funding round. The company has already completed over one million inspections across five continents, saving more than 32,000 hours of hazardous human labor for major clients including Shell, BP, … Read more

Ati Motors Secures $20 Million in Series B Funding to Revolutionize Industrial Automation with AI-Powered Robotics

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Ati Motors

Ati Motors, a leader in AI and autonomous robotics, has raised $20 million in a Series B funding round led by Walden Catalyst Ventures (WCV) and NGP Capital (NGP). The round also saw participation from existing investors, including True Ventures, Exfinity Venture Partners, Athera Venture Partners, and Blume Ventures. This milestone comes amidst Ati Motors’ … Read more

Teleo Raises $16.2 Million in Series A Extension Funds

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Teleo, a leader in autonomous technology for heavy equipment, has announced a $16.2 million Series A extension, building on its previously raised Series A funding. This latest investment brings the company’s total funding to $29.8 million since its inception in 2019. The funds will support scaling customer deployments, expanding into new industries, and enhancing Teleo’s … Read more

Siemens Plans to Cut 5,000 Jobs in Factory Automation Amid Ongoing Economic Challenges

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Siemens, a global leader in industrial automation, is considering significant workforce reductions as it grapples with financial and macroeconomic headwinds. According to reports from Reuters, the company may cut up to 5,000 jobs in its factory automation division, a move prompted by ongoing struggles within the sector. CEO Roland Busch revealed these potential cuts in … Read more

Bengaluru-based Ethereal Machines Secures $7.3 Million in Pre-Series A Funding

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Ethereal Machines, a Bengaluru-based company specializing in the manufacturing of 5-Axis CNC machines, has successfully raised $7.3 million in a Pre-Series A funding round. The funding was backed by prominent investors such as Peak XV’s Surge, Blume Ventures, Ganapathy Subramaniam, Mathew Cyriac, Lip-Bu Tan, Finvolve, 9Unicorns, Venture Catalysts, and T2D3 Capital, as reported by TechinAsia. … Read more