Skip to content
Search AI Powered

Latest Stories

Swiss startup gains $50 million for four-legged inspection robot

ANYbotics says its ANYmal robot can relieve industrial reliance on aging workforce and labor shortages.

anybotics Screen Shot 2023-05-16 at 5.37.51 PM.png

A Swiss startup that makes four-legged robots for industrial inspection tasks has gained $50 million in venture capital funding and says it will develop new capabilities and scale international deployments, Zurich-based ANYbotics said Tuesday.

The investment comes as demand for robotic solutions surges in heavy industries such as oil & gas, chemicals, power, mining, metals & minerals, and utilities. Faced with an aging workforce and labor shortages, these industries increasingly rely on innovative robotics solutions to streamline operations, reduce environmental impact, and increase worker safety, ANYbotics said.


To answer that need, the seven-year-old firm makes the ANYmal, a four-legged autonomous mobile robot (AMR) that uses its walking ability to move beyond conventional, purpose-built environments and solve customer problems in challenging infrastructure so far only accessible to humans.

The “series B” funding round was led by international deep tech investors Walden Catalyst and NGP Capital with participation from Bessemer Venture Partners, Aramco Ventures, Swisscom Ventures, Swisscanto Private Equity, and other existing investors.

“ANYbotics' state-of-the-art technology coupled with a clear global value proposition is exciting – it enables humans to do what they do best and replace dangerous and repetitive tasks with a fully automated AI-powered robot,” Christian Noske, Partner at NGP Capital, said in a release. “We are excited to work together towards large-scale deployments and further internationalization.”
 
  

The Latest

More Stories

autonomous tugger vehicle

Cyngn delivers autonomous tuggers to wheel maker COATS

Autonomous forklift maker Cyngn is deploying its DriveMod Tugger model at COATS Company, the largest full-line wheel service equipment manufacturer in North America, the companies said today.

The deal was announced the same week that California-based Cyngn said it had raised $33 million in funding through a stock sale.

Keep ReadingShow less

Featured

photo of self driving forklift
Lift Trucks, Personnel & Burden Carriers

Cyngn gains $33 million for its self-driving forklifts

Study: Industry workers bypass essential processes amid mounting stress

Study: Industry workers bypass essential processes amid mounting stress

Manufacturing and logistics workers are raising a red flag over workplace quality issues according to industry research released this week.

A comparative study of more than 4,000 workers from the United States, the United Kingdom, and Australia found that manufacturing and logistics workers say they have seen colleagues reduce the quality of their work and not follow processes in the workplace over the past year, with rates exceeding the overall average by 11% and 8%, respectively.

Keep ReadingShow less
photo of a cargo ship cruising

Project44 tallies supply chain impacts of a turbulent 2024

Following a year in which global logistics networks were buffeted by labor strikes, natural disasters, regional political violence, and economic turbulence, the supply chain visibility provider Project44 has compiled the impact of each of those events in a new study.

The “2024 Year in Review” report lists the various transportation delays, freight volume restrictions, and infrastructure repair costs of a long string of events. Those disruptions include labor strikes at Canadian ports and postal sites, the U.S. East and Gulf coast port strike; hurricanes Helene, Francine, and Milton; the Francis Scott key Bridge collapse in Baltimore Harbor; the CrowdStrike cyber attack; and Red Sea missile attacks on passing cargo ships.

Keep ReadingShow less
diagram of transportation modes

Shippeo gains $30 million backing for its transportation visibility platform

The French transportation visibility provider Shippeo today said it has raised $30 million in financial backing, saying the money will support its accelerated expansion across North America and APAC, while driving enhancements to its “Real-Time Transportation Visibility Platform” product.

The funding round was led by Woven Capital, Toyota’s growth fund, with participation from existing investors: Battery Ventures, Partech, NGP Capital, Bpifrance Digital Venture, LFX Venture Partners, Shift4Good and Yamaha Motor Ventures. With this round, Shippeo’s total funding exceeds $140 million.

Keep ReadingShow less
Cover image for the white paper, "The threat of resiliency and sustainability in global supply chain management: expectations for 2025."

CSCMP releases new white paper looking at potential supply chain impact of incoming Trump administration

Donald Trump has been clear that he plans to hit the ground running after his inauguration on January 20, launching ambitious plans that could have significant repercussions for global supply chains.

With a new white paper—"The threat of resiliency and sustainability in global supply chain management: Expectations for 2025”—the Council of Supply Chain Management Professionals (CSCMP) seeks to provide some guidance on what companies can expect for the first year of the second Trump Administration.

Keep ReadingShow less