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2016 funding and acquisition spree continues

February 3, 2016

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2015 was a phenomenal year for funding and acquiring robotic companies. Over $1.32 billion in seed, crowd, series A,B,C,D and VC fundings and more than $2.27 billion in acquisitions. And they’ve begun again in 2016.

January fundings:

  • Woobo, a stealthy startup in Boston, received $800k from Kunlun (AKA Kalends), a Chinese provider of online games and software apps.
  • Savioke, a Silicon Valley startup headed by Steve Cousins, previously the CEO at Willow Garage, received $15 million from Intel, EDBI and Northern Light. Savioke’s Relay delivery robots are now placed in 5 hotel chains and have added coffee to the arsenal of things it can deliver. In 2015, over 11,000 deliveries were made with Relay robots.

January acquisitions:

  • Aesynt, a Pennsylvania company that produces and distributes hospital pharmacy dispensing robot systems, was acquired by Omnicell, a Silicon Valley medical device provider of advanced automation enabling health care facilities to acquire, manage, dispense, and deliver medications and supplies, for $275 million. Omnicell has been on an acquisition binge. In 2015 it acquired MTS Medication Technologies and MACH4 Automation, both manufacturing and marketing robotic pharmacy dispensing systems.
  • Ascending Technologies, a German provider of autopilot systems, unmanned aircraft systems and multi-rotor technology for professional, civil and research applications, was acquired by Intel for an undisclosed amount. At CES, Intel showed off Ascending’s technology in a colorful video of 100 drones performing a light show in time with an orchestra playing a Beethoven Symphony. Intel gains expertise and technology (and 75 new employees) to accelerate the deployment of Intel RealSense technology into the fast growing drone market segment. Intel plans to develop UAV technology that can help drones fly with more awareness of their environments.
  • Mikrotron, a German provider of image processing systems used for designing robotic and automated processes, R&D, QC and process control, was acquired by Ambienta SGR, an Italian VC focusing on industrial environmentally-friendly companies, for an undisclosed amount.

This post originally appeared in The Robot Report

Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series... read more


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