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Automation, drones, and embodied AI.
7 articles
Gravis Robotics, spun out of ETH Zurich, has raised $200 million from SoftBank in what the company calls the largest Series A in construction robotics, reaching a $1 billion valuation.
The German robotics firm will take over the driverless transport platform from October 2026, integrating it into its Physical AI ecosystem.
The UK-based industrial robotics firm reached a €1.1 billion valuation, bringing its total funding to €236 million two years after launch.
Hyundai is said to be exploring a move to acquire the remaining stake in robotics firm Boston Dynamics from SoftBank, according to a report.
A Sifted report highlights physical AI as a potential area where Europe could carve out relevance in the international technology landscape.
The Bavarian drone maker more than doubled its valuation to $8BN in one of Europe's largest defence technology financings, backed by Blackstone, Airbus and Advent.
Defence-tech firm Quantum Systems has secured $1.2bn in fresh funding as it looks beyond drones toward humanoid robotics.
