Robotics Fundings, Acquisitions, IPOs, Failures

14. Fourier Intelligence, a Chinese startup providing exoskeletons for rehab and prosthetics, raised $4.7 million in a Series A round let by Prosperico Venture with participation from Volcanics Venture, IDG Capital Partners and Qianhai Fund of Funds.

15. Invert Robotics, a NZ RaaS (robotics as a service) startup providing inspection of industrial equipment across a range of applications, raised $4.6 million (6.4 NZ$) from Powerhouse Ventures, NZ Venture Investment Fund and Allan Moss.

16. American Robotics, a Boston-based startup developing a drone system for farmers, has raised $2 million in a second seed round (they raised $1.1 million last year). Investors included BRC Innovation and Brain Robot Capital.

17. Dash Robotics, a Silicon Valley startup developing futuristic, app-controlled toy robots, raised $2.7 million in a Series A funding round led by Ironfire Ventures.

18. Planys Technologies, an Indian marine robotics startup, raised $1 million from Kris Gopalakrishnan along with Pratithi Investment Trust and MEMG (Manipal Education and Medical Group).

19. Solinftec, a Brazilian ag tech startup, raised an undisclosed Series B funding from AgFunder and TPG ART.


1. KBR, a large engineering and construction company formerly owned by Halliburton, acquired Stinger Ghaffarian Technologies, an integrator of space and defense systems, from the government for $355 million.

2. Fanuc acquired Japanese co-bot maker Life Robotics for an undisclosed amount.

3. Humatics, a Cambridge, MA startup developing a localization platform, has acquired 5D Robotics, a Carlsbad, CA provider of mobility products using radio waves for distancing, and 5D’s subsidiary, Time Domain, an Alabama provider of ultra-wide-band chips, for an undisclosed amount. More Coverage on The Robot Report

4. Johnson & Johnson Medical Devices acquired Orthotaxy, a French developer of software-enabled surgery technologies, including a differentiated robotic-assisted surgery solution for total and partial knee replacement. Financial terms of the transaction were not disclosed. More Coverage on The Robot Report

5. FarmShots, a NC startup providing imagery and analytics for farmers, was acquired by Syngenta for an undisclosed amount. FarmShots collects data for 8 million acres.


Nada. Zip. Zero!


1. New Matter, a Pasadena-based maker of 3D printers is closing down after running out of the $6.5 million funding it had raised. It will continue to maintain printers it has sold to consumers and schools through the summer of 2018.
2. RoboBusiness Europe, a trade conference and expo scheduled to be held in February by the same group that produces RoboBusiness in America, cancelled due to lack of funding.

3. Innorobo, a service robotics expo and conference to be held in June has also been cancelled due to a lack of funding.

This article was republished with permission from ROBO Global.