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Computer Vision Industrial Automation Machine Learning Mechanical Engineering North America Robotics

With $8.4M raised, strawberry-picking robotics startup Traptic begins commercial deployment

– Traptic, a robotics startup, began commercial deployment of its strawberry-picking mobile robot.
– The company raised $5m in Series A funding.
– The round was led by Collaborative Fund, Homebrew Ventures and K9 Ventures.
– The company has raised $8.4m in total.

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Industrial Engineering Mechanical Engineering North America

Aeroseal Raises $22M in Series A Funding

– Aeroseal, LLC from Dayton develops technologies to seal ducts and walls.
– Company raised $22m in Series A funding.
– The round was led by Breakthrough Energy Ventures with participation from Energy Impact Partners and Building Ventures.
– The new investment will be used to scale the company’s R&D, marketing team, and increase support of its dealer network.

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Biopharma Biotechnology Mechanical Engineering Pharmaceutical Western Europe

RheaVita Closes EUR 2.5 million Series A Financing Co-Led by Novalis Biotech Acceleration and PMV

– RheaVita, a company pioneering continuous freeze-drying technology for biopharmaceutical products, announced that the company has closed a EUR 2.5 million Series A Financing.
– The round was co-led by Novalis Biotech Acceleration and Participatie Maatschappij Vlaanderen (PMV).
– Concurrent with the financing, Kjell Mortier from Novalis Biotech Acceleration and Stefan De Waele of PMV will join RheaVita’s Board of Directors.
– RheaVita has developed the world’s first end-to-end continuous freeze-drying solution to address biopharmaceutical product development, manufacturing and supply needs in order to efficiently reach patients.
– The patented RheaVita continuous freeze-drying technology integrates all the traditional freeze-drying process steps into one continuous production line.

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Industrial Engineering Mechanical Engineering North America

Boston Materials Closes $8 Million Series A Funding to Unlock High-Performance and Sustainable Carbon Fiber as America Invests in Green Infrastructure

– Boston Materials, the manufacturer of advanced lightweight materials that deliver increased performance and circular solutions using Z-axis Carbon Fiber technology, announced today the closing of an $8m financing led by AccelR8 and Valo Ventures.
Clean Energy Ventures, a previous backer, also participated in the round.
– The funding accelerates the expansion of the company’s Z-Axis Carbon Fiber technology into new electric vehicles, aerospace, and consumer electronics that are higher performing, lighter, and environmentally sustainable.

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3D Printing Industrial Engineering Manufacturing Mechanical Engineering North America

Fortify Raises $20M in Series B Funding

– Fortify is a Boston, MA-based additive manufacturing startup.
– The company closed $20M equity funding round.
– The round was led by Cota Capital with participation from Accel Partners, Neotribe Ventures, and Prelude Ventures.
– The new investment will be used to accelerate team growth, expansion in application spaces, and transition to volume manufacturing of the Flux Series 3D printers.

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3D Printing Industrial Manufacturing Manufacturing Mechanical Engineering North America

Metal 3D printing startup Mantle launches out of stealth with $13M in funding

– Bay Area-based startup Mantle is focused on helping create better molds and dies for manufacturers.
– The company has raised $13m in funding from Foundation Capital, Hypertherm Ventures, Future Shape, 11.2 capital, Plug and Play Ventures and Corazon Capital.
– Mantle seeks to differentiate itself with a machine capable of removing some steps from the process.

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Artificial Intelligence Machine Learning Mechanical Engineering National Security North America Robotics Security Software

Shield AI Raises $90M in Series C Funding

– Shield AI from San Diego develops self-driving software to enable unmanned systems to operate without GPS and communications.
– The company raised $90M in Series C funding.
Point72 Ventures led the round.
– The company intends to use the funds to scale and further integrate its self-driving software, Hivemind, into additional platforms across the Defense industry.

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Industrial Engineering Mechanical Engineering North America

Mantis Innovation Group, LLC Continues Service Line Expansion with Investment in Fairbanks Energy Services, Inc.

Mantis Innovation Group, LLC Continues Service Line Expansion with Investment in Fairbanks Energy Services, Inc.
O2 Investment Partners, LLC is pleased to announce that through Mantis Innovation Group, LLC it has made an investment in and partnered with Fairbanks Energy Services, Inc. and its leadership team to enhance both companies’ service offerings focused on improving facility performance and energy efficiency, reducing costs, and implementing and monitoring ESG initiatives.
Mantis Innovation Group, LLC is an industry leader in providing energy-efficient solutions for clients across commercial, industrial, data center, education, and healthcare verticals.
– Fairbanks Energy Services is an industry leader in providing nationwide energy efficiency solutions for clients across commercial, industrial, data center, education, and healthcare verticals.

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3D Printing Artificial Intelligence Hardware Manufacturing Mechanical Engineering North America

Fictiv nabs $35M to build out the ‘AWS of hardware manufacturing’

– Fictiv, a platform for hardware manufacturing, raised $35m in Series D funding.
– The round was led by 40 North Ventures and joined by Honeywell, Sumitomo Mitsui Banking Corp., Adit Ventures and M20 (Microsoft’s strategic investment arm), as well as past backers Accel, G2VP and Bill Gates.
– The funding brings the total raised by Fictiv to $92m.
– Fictiv is the “AWS of hardware” — providing a platform for those needing to produce some hardware, giving them a place to design, price and order those pieces and eventually get them from one place to another.

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