This week in robotics: Amazon’s iRobot deal hits an EU snag as new funding keeps hot drone summer rolling

This week saw significant investments in the robotics industry, with several companies securing funding for their projects. However, Amazon's proposed $1.7 billion acquisition of iRobot is under extensive review by the European Union. Swiss startup Verity, which has a deal with Ikea to use its drones in 16 warehouses in Europe, announced a new round of funding to scale up its operations. Pano AI, a company developing cameras for automatic wildfire detection, secured a $17 million extension to its $20 million Series A. Simbe, a company that uses robots to monitor in-store inventory, announced a $28 million Series B funding round following a deal with BJ Wholesale Club.

Bedrock, a company that uses autonomous underwater vehicles for surveying, inspection, and monitoring of underwater projects, announced $25.5 million in new funding to expand its mission. The company's new focus is on proving the commercial viability of selling the data collected by their autonomous explorers.

Key takeaways

Amazon's potential $1.7 billion acquisition of iRobot is under extensive review by the European Union, despite having been approved by the U.K.'s antitrust regulators.
Swiss startup Verity has secured a new round of funding following its $32 million Series B in March, with plans to scale up to meet the demand for supply chain automation.
Pano AI, a company developing cameras for automatic wildfire detection, has announced a $17 million extension to its $20 million Series A.
Bedrock, a company focusing on autonomous underwater vehicles for surveying, inspection and monitoring of underwater projects, has secured $25.5 million in new funding.

This week in robotics: Amazon’s iRobot deal hits an EU snag as new funding keeps hot drone summer rolling

Key takeaways

Discussion (0)