Venture Capital

Welcome back to Robotics Roundup, a look back at the month’s most important VC investments for the robotics industry. Anduril’s huge Series F was the headliner in August, with notable deals in medical tech and logistics. Anduril raised $1.5B in Series F funding co-led by Founders Fund and Sands Capital, with participation from new investors Fidelity Management & Research Company, Counterpoint Global, and Baillie Gifford, and existing investors including Altimeter and Frankli

Welcome back to Robotics Roundup, a look at the month’s most important VC deals in the robotics industry. In July we saw Alphabet make a massive new investment in autonomous taxis via its Waymo subsidiary, a big round for robotics “brain” company Skild AI, and heavy investment in the logistics and warehousing verticals. The Deals Waymo raised $5B from its parent company, Alphabet. The self-driving car subsidiary last raised funding in 2021, and this new round follows news th

Skyports raised $110M in Series C funding, led by infrastructure and construction company ACS Group. The London-based company designs, builds, and operates take-off and landing infrastructure for air taxis, and partners with electric vertical take-off and landing vehicle manufacturers. Collaborative Robotics raised a $100M Series B round led by General Catalyst and joined by Bison Ventures, Industry Ventures, and Lux Capital. The Silicon Valley company is developing a “novel

Figure raised a $675M Series B at a $2.6B valuation from Microsoft, OpenAI Startup Fund, NVIDIA, Jeff Bezos (through Bezos Expeditions), Parkway Venture Capital, Intel Capital, and others. The Bay Area company is building “general purpose humanoid” robots for industrial use cases. Medical Microinstruments raised $110M in Series C funding, led by Fidelity Management & Research Company. The Italian startup’s technology allows surgeons to replicate the movements of a human hand

Applied Intuition raised a $250M Series E led by Bilal Zuberi at Lux Capital, Elad Gil, and strategic investor Porsche Investments Management. Andreessen Horowitz and General Catalyst also joined, among others. The Silicon Valley company develops software infrastructure to develop, test, and deploy autonomous vehicles at scale, and is now valued at $6B. Physical Intelligence emerged from stealth with a $70M Seed round led by Thrive Capital, with participation from Khosla Ven

Cruise received an $850M investment from parent company General Motors. The autonomous vehicle subsidiary will use the funds to relaunch its robotaxi services in Phoenix, Dallas, and Houston. Waabi raised $200M in Series B funding led by Uber and Khosla Ventures, with participation from strategic investors like NVIDIA, Volvo Group Venture Capital, Porsche Automobil Holding SE, Scania Invest, and Ingka Investments. The Toronto company is building an end-to-end AI system to sup

Wayve raised $1.05B in Series C funding in a round led by SoftBank Group, with participation from new investor NVIDIA and existing investor Microsoft. The London company’s embodied AI system will enable OEMs to upgrade existing vehicles to higher levels of driving automation, and claims to be the first company to develop and test an end-to-end deep learning autonomous driving system on public roads. The Bot Company raised $150M in funding led by former GitHub CEO Nat Friedma

1X raised a $100M Series B round with participation from EQT Ventures and “other notable global investors.” Formerly known as Halodi Robotics, the Oslo company builds androids capable of performing a wide variety of tasks. BlueWhite raised $39M in Series C funding, led by Insight Partners and with participation from new investors Alumni Ventures and LIP Ventures, among others. The Tel Aviv- and Fresno, California-based company creates autonomous tractors and sprayers, as wel