Robotic vision startup Plus One raises $33M

Robot picking

San Antonio-based Plus One Robotics today announced a $33 million Series B. The round follows an $8.3 million Series A announced in 2018 and brings the company’s total funding to north of $40 million. The round, led by McRock Capital and TransLink Ventures, features BMWi Ventures, Kensington Capital Partners and Ironspring Ventures, along with existing investors.

Read More

2020 will change the way we look at robotics

Earlier this month, Hyundai acquired a controlling stake in Boston Dynamics that valued the company at $1.1 billion. What’s most interesting about the news isn’t the acquisition itself (it does, after all, find Boston Dynamics switching hands for the third time in seven years), but rather what the company’s evolution tells us about the state of robotics in 2020.

Read More

Following Hyundai acquisition, Boston Dynamics’ CEO discusses the robotics pioneer’s future

A lot can change in a year. Especially this year. For Boston Dynamics, the past 12 months have brought a number of radical changes traditionally not seen at 30-year-old businesses of its size. It’s a list that includes the first new CEO in the company’s history, wide availability of its first commercial product, and most recently, being acquired by its third owner in seven years.

Read More

Hyundai buys 80% controlling interest in Boston Dynamics

It’s official. Boston Dynamics is becoming part of the Hyundai family (pending regulatory approval, naturally). The Waltham, Massachusetts-based robot maker confirmed in a press release today that the South Korean technology company is acquiring controlling interest. The deal, which values the company at $1.1 billion, gives Hyundai Motor Group an 80% stake, with SoftBank controlling the remaining 20%.

Read More