Robotics

LG Electronics takes majority stake in Bear Robotics, reportedly valuing startup at $600M

LG Electronics is betting on robotics as its next big growth driver. The South Korean electronics company said on Friday that it has agreed to acquire an additional 30% stake in Bear Robotics, a California-based startup it previously backed that is building AI-powered server robots for restaurants. The deal gives LG a majority ownership of […]

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Ati Motors raises $20M as India’s robotics industry grows

Ati Motors on Wednesday announced a $20 million raise. The funding arrives as the Indian-based autonomous mobile robots (AMR) startup looks toward global expansion. The firm hopes to tap into increased demand for domestic manufacturing in the U.S., India, and Southeast Asian nations, as countries look to lessen their dependence on China. In 2023, the

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DJI Flip is a $439, fully foldable camera drone

Four short months after introducing the truly palm-size Neo, DJI is back with another pint-sized consumer drone. The Flip continues the drone giant’s interest in foldable form factors, with a quartet of propeller guards that essentially stack up, for maximum portability. The new Flip continues to blur the lines in DJI’s existing consumer portfolio, combing

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ICON, a builder of 3D printed homes last valued around $2 billion, cuts about 25% of staff

ICON Technologies Inc., which builds homes using 3D printing, is laying off 114 people, according to a WARN letter filed with the Texas Workforce Commission. A spokesperson for the company confirmed the news to TechCrunch, providing a statement that ICON had “recently made a difficult decision to re-align” its team and team size “to focus

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