Cobot end-of-arm tooling maker OnRobot ended a busy 2019 with investment from the European Investment Bank and prominent Danish investors.
Investments
RT Corp raises $3.8M for Foodly lunch-packing humanoid
RT Corp., a Tokyo-based developer of service robots founded in 2005, raised 400 million yen ($3.8 million) in Series B funding for its food-picking collaborative robot Foodly. RT said it will use the funding RT to strengthen its business structure and hire personnel. Foodly is designed to work alongside people in food factories. RT said […]
Mitsubishi Electric invests in Realtime Robotics’ motion-planning technology
Realtime Robotics plans to use its latest funding from Mitsubishi Electric to accelerate development of systems to improve the safety and performance of industrial robots.
Rethink Robotics: A look inside the cobot maker’s shutdown
Why did Rethink Robotics shut down? It’s a combination of design, target market, and timing, finds our editor.
