Realbotix Acquires Strategic Minority Interest in Star Walk Partners LLC
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Realbotix Acquires Strategic Minority Interest in Star Walk Partners LLC

Realbotix Corp., a leader in humanoid robotics and AI, has announced the acquisition of a strategic minority interest in Star Walk Partners LLC. Star Walk, led by Gary Fuhrman of GF Capital, is known for investing in and supporting middle marketbranded consumer product and media companies. The partnership aims to enhance Realbotixs operational strengths and…

AI Medical Technology Company AIRS Medical Secures $20 Million in Series C Funding
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AI Medical Technology Company AIRS Medical Secures $20 Million in Series C Funding

AI medical technology company, AIRS Medical, known for its pioneering work in artificial intelligence and robotics for healthcare applications, has successfully completed its Series C funding round, raising $20 million from seven institutional investors based in Korea. The funding will be utilized to support the companys flagship product, SwiftMR™, and further advance its mission of…

Skild AI Secures $300M Series A Funding Round
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Skild AI Secures $300M Series A Funding Round

Skild AI, an AI robotics company, has closed a $300M Series A funding round led by Lightspeed Venture Partners, Coatue, SoftBank Group, and Jeff Bezos (through Bezos Expeditions). Other participants include Felicis Ventures, Sequoia, Menlo Ventures, General Catalyst, CRV, Amazon, SV Angel, and Carnegie Mellon University. The funding brings Skild AI to a valuation of…

Sanctuary AI Secures Strategic Investment to Accelerate AI Development
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Sanctuary AI Secures Strategic Investment to Accelerate AI Development

Sanctuary AI, a company focused on creating humanlike intelligence in general purpose robots, has announced a strategic investment to further advance its AI technology. The additional funding of over $140 million will be used to propel Sanctuarys progress in bringing AI into the physical world. The investment was led by BDC Capitals Thrive Venture Fund…

Bright Machines Raises $126M in Series C Funding
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Bright Machines Raises $126M in Series C Funding

Bright Machines, an innovator in intelligent, softwaredefined manufacturing, has raised $126M in Series C funding. The funding round was led by investment from funds and accounts managed by BlackRock, with participation from NVIDIA, Microsoft, Eclipse, Jabil, and Shinhan Securities, and $20M in venture debt from J.P. Morgan. This round brings Bright Machines total funding to…

Visionary Holdings Inc. Collaborates with AI Experts to Lead in Education and Innovation
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Visionary Holdings Inc. Collaborates with AI Experts to Lead in Education and Innovation

Visionary Holdings Inc., a private education provider in Canada, has announced a collaboration with AI experts and academicians from China and Canada to establish the Visionary Guli Global AI Industrial Complex. The company aims to become a global leader in AI education, popular science, and technological innovation. This initiative will be based at Visionary Tower…

Tokens.com Corp. Acquires Simulacra Corporation to Expand AI and Robotics Capabilities
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Tokens.com Corp. Acquires Simulacra Corporation to Expand AI and Robotics Capabilities

Tokens.com Corp. has successfully completed the acquisition of Simulacra Corporation, a company specializing in integrating artificial intelligence and humanoid robots to enhance the human experience. Simulacras subsidiaries focus on creating highquality, realistic humanoid figures with applications in entertainment, marketing, healthcare, and education sectors. The acquisition is expected to diversify Tokens.coms assets and business base, reducing…

Pittsburgh Tech Economy Sees Record Year in Investment
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Pittsburgh Tech Economy Sees Record Year in Investment

In 2023, Pittsburgh experienced the second-highest year on record for investment in its tech economy, with a substantial increase in funding despite a national fundraising decline. The region’s tech ecosystem showed strength and resilience, with a significant uptick in local fundraising indicators. Robotics and autonomous vehicle companies saw outsized investments, contributing to a 203.3% jump…

LG Electronics Makes Strategic Investment in Bear Robotics to Propel Service Robotics Growth
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LG Electronics Makes Strategic Investment in Bear Robotics to Propel Service Robotics Growth

LG Electronics has executed a stock purchase agreement to acquire a stake in Bear Robotics, a Silicon Valley-based startup known for AI-driven autonomous service robots. The strategic investment of USD 60 million is aimed at advancing LG’s capabilities in service robotics industry for long-term growth. Upon closing the stock purchase, LG will hold the largest…

RobCo Secures $42.5 Million in Series B Funding to Expand Robotics Automation Solutions for SMEs
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RobCo Secures $42.5 Million in Series B Funding to Expand Robotics Automation Solutions for SMEs

RobCo, a leader in modular, affordable, and connected robotics automation solutions for SMEs, recently secured $42.5 million in Series B funding from global venture powerhouse Lightspeed Venture Partners and other investors. The funding will be primarily used to expand distribution channels and advance product development for the company’s flexible robotic hardware kits. RobCo, founded by…