Vietnamese biometric sensor and robotic prosthetics developer Vulcan Augmetics has secured undisclosed seed funding from Singapore-based venture capital firm Quest Ventures.  Vulcan Augmetics specializes in creating customizable modular robotic prosthetics, harnessing the power of proprietary machine-learning software to enhance accessibility and affordability for amputees, particularly in underserved regions across the developing world. The startup aims […]

The global robot market is experiencing rapid transformation. According to a report by the Boston Consulting Group, the global robot market is projected to reach between USD 160 billion and USD 260 billion by 2023. In alignment with this global trend, both large companies and startups in Korea are preparing for the impending changes. For […]

Japanese robotics startup Telexistence has successfully raised $170 million in a Series B funding round, with major investments coming from SoftBank Group, Foxconn, and other prominent investors. The Tokyo-based robotics startup has further strengthened its funding with investments from KDDI Open Innovation Fund, Airbus Ventures, Monoful Venture Partners, and new investors, including Globis Capital Partners […]

Aerodyne Group, a drone solutions provider headquartered in Malaysia, has announced it official entry into the Italian market through a strategic investment in Aiviewgroup, the top drone service provider in Italy. The partnership will allow Aiviewgroup and Aerodyne to harness synergies from their respective areas of expertise, share their technologies and bring these to a […]

Bright Machines, a technology company pioneering an innovative approach to intelligent, software-defined manufacturing automation, has announced raising $132 million in debt and Series B equity funding. The equity portion of the funding, worth $100 million, was led by Eclipse Ventures. The debt portion of the funding, worth $32 million, was led by Silicon Valley Bank […]

Botsync, a Singapore-based manufacturer of heavy-duty, intelligent, industrial autonomous mobile robot (AMR) solutions, has successfully raised US$3.2 million to date with its latest pre-Series A funding round. The funds will be used to scale the company’s automation solution offerings and support the growing demand for automation across existing factories and warehouses. Notable investors in this […]

Crown Digital, the Singapore-based, full-stack hardware and software tech start-up behind ELLA the robot barista, has raised S$5 million (about $3.7 million) in a pre-Series A round from Temasek’s Heliconia Capital Management, Momentum Ventures (SMRT), ParticleX, Leave a Nest, Gloca Link, and M4ever. In addition to this most recent round of investment, East Japan Railway […]

Singapore-based autonomous technology solutions startup Sesto Robotics has raised US$5.7 million in fresh funding from SEEDS Capital and early-stage venture investors TRIVE, and Germany-based WTI GmbH. With the fresh funding, Sesto Robotics will develop its autonomous mobile robot (AMR) capabilities and digital marketing. In addition, the company will utilize the funds to enhance its capabilities […]

South Korean IT service provider startup network digital signage (NDS) was the show stealer at GITEX, the Middle East region’s largest information technology show held at the Dubai World Trade Centre (DWTC). The 41st edition of the show was held from October 17-21, 2021, featuring the world’s leading IT companies displaying the latest products and […]

Singaporean autonomous robotics startup BeeX announced an undisclosed seven-figure USD in a seed investment round led by Cap Vista. Also participating in the round were Quest Ventures-Maritime Fund, IMC Ventures, SEEDS Capital, and the National University of Singapore. With this funding, the robotics startup company said it will expand its team to accelerate the development […]