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Bossa Nova Robotics, a Silicon Valley developer of autonomous service robots for the retail industry, announced the close of a $17.5 million Series B funding round led by Paxion Capital Partners and participation by Intel Capital, WRV Capital, Lucas Venture Group (LVG), and Cota Capital. This round brings Bossa Nova’s total funding to date to $41.7 million. Bossa Nova…
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RE2 Robotics said yesterday it won a contract with the US Navy to develop an Autonomous Robotic Cargo Handling system through the Dept. of Defense’s small business innovation research program, earning $125,000 for the 1st phase of the contract. Currently, no autonomous loading or unloading systems exist and cargo missions require manual unloading and loading…
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Lockheed Martin Ventures is investing in Ocean Aero, a company focused on autonomous vehicle development that created the Submaran unmanned maritime vehicle. The decision is part of Lockheed Martin’s larger efforts around unmanned systems. “Ocean Aero represents the next generation of environmentally powered, autonomous ocean systems,” Chris Moran, executive director and general manager of Lockheed…
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