Precise Automation’s cobots include SCARA, 6-axis and Cartesian configurations. Precise generated $17 million in revenue over the last twelve months.
Investments
Rapid Robotics grabs $12M in Series A funding
Rapid Robotics’ solution is a “ready-to-work” robotic work cell, based around a collaborative robot, that is pre-programmed and quick to deploy.
Flexiv secures more than $100M in funding for Rizon adaptive robot
Flexiv competes with collaborative robotics makers such as ABB, Doosan Robotics, KUKA, Universal Robots and more.
OTTO Motors to grow delivery network, accelerate product roadmap with Series C funding
Clearpath Robotics unit OTTO Motors cited Fortune 500 manufacturer Berry Global Group as an example of how its autonomous mobile robots can help companies worldwide improve productivity.
HAHN Group acquires DAHL Automation
HAHN Group acquired DAHL Automation, a German robotics integrator. The deal expands HAHN’s presence in intralogistics and autonomous mobile robots.
OnRobot raises $27.5M to reach for global markets
Cobot end-of-arm tooling maker OnRobot ended a busy 2019 with investment from the European Investment Bank and prominent Danish investors.
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.
