Top Robotics Funding in the Last Three Months

Even before we could realize it, robotics has become an important part of our lives. It is very difficult to name an industry that functions without robotics playing its part. Healthcare, banking, hospitality, you name it and you are bound to find robotics. The wide range of applications that this technology caters to is the reason why it receives heavy global funding. Here is the list of top robotics funding in the last three months. Have a look!

Skydio

Skydio is a company known for manufacturing intelligent drone devices with AI technology forming the base.  With over a decade of R&D expertise in drone technology and computer vision, this company has surely achieved laurels. Out of the many remarkable innovations, Skydio's flagship products include Skydio 2 and Skydio X2. The former is an unmanned aerial device optimized for video and controllable via an app whereas the latter is a controller that features a rugged airframe and situational awareness, asset inspection and security patrol for unparalleled navigation and logistics. In addition to this, yet another area where this company deserves a mention is – launching a suite of software for commercial and enterprise customers, its first departure from the consumer drone market where it had been focused prior. As far as the funding is concerned, Skydio has raised $170 million in a Series D funding round led by Andreessen Horowitz's Growth Fund.

inVia Robotics

This tech-rich firm is known for providing next-generation robotics warehouse automation solutions for e-commerce distribution centers and supply chains. inVia Robotics has raised a total of $59M in funding over 4 rounds with their latest funding raised on Jul 28, 2021, from a Series C round. inVia Robotics is backed by a total of 7 investors with Embark Ventures and Point72 Ventures being the most recent investors.

DoNotPay

DoNotPay is an online robot lawyer that allows anyone to automatically claim asylum in the U.S, U.K, and Canada for free – hence the name. Located in Midvale, Utah, United States, this startup has raised a total of $27.7M in funding over 4 rounds. The latest funding was raised on Aug 1, 2021, from a Series B round and the company is funded by a total of 18 investors. Andreessen Horowitz and Felicis Ventures turn out to be the most recent investors.

CMR Surgical

CMR surgical had already raised $384.8 million in the past and the recent $600 million Series D funding was huge  news to grab everyone's attention. This recent funding was led by SoftBank's Vision Fund 2 and co-led by Ally Bridge Group. CMR surgical caters to performing minimally invasive keyhole surgery primarily focused on serious conditions like bowel disease or bowel cancer. Yet another point that is totally worth a mention is that this platform has been widely accepted across the globe – to the extent that it has played a significant role in over a thousand surgeries.