Today, Simbe Robotics, Inc., a retailer services robotics company, announced a Series B equity financing round of $28 million, led by Eclipse.
This latest round of funding follows a successful Series A in 2019, bringing the total amount raised by Simbe to $54 million. This funding also builds on the company’s incredible momentum and growth, having increased its annual recurring revenue by 10X and contracted recurring yearly revenue by 22X since 2020.
Researchers at Tufts University have recently unveiled a groundbreaking development in the field of biobots—tiny biological robots called Anthrobots.
A study published by Nature about evolutionary robot systems presents a unique avenue for advancing robotic development through evolutionary optimization and serves as a research platform for probing questions related to evolution.
The challenging journey of teaching machines to handle kitchen tasks highlights the value of skilled fry cooks. The seemingly straightforward responsibilities of restaurant staff are, in fact, intricate, prompting the development of advanced robots by a sector of the robotics industry investing millions.
A research paper published by the National Academy of Science of Ukraine explores the evolving role of artificial intelligence (AI) and robotics within contemporary military operations.
Dextrous Robotics is attempting to transform warehouse operations with its inventive package manipulation system. While robots are commonplace in warehouses for shuffling small items, handling substantial and weighty loads remains a challenge.
Polish rum company Dictador is making a significant leap into the world of robotic employment by appointing Mika, an AI-powered humanoid robot, as its experimental CEO.