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Deals in brief: B Capital leads Series A investment in Eureka Robotics, Cove attracts new funding, True Global Ventures backs US-based Prezent, and moreBringing you the latest updates on funding deals and activities in the Asia Pacific. Eureka Robotics raises USD 10.5 million in Series A funding Singapore-based robotics company Eureka Robotics has raised USD 10.5 million in a Series A funding round led by B Capital, with participation from Airbus Ventures, Maruka Corporation, G K Goh Ventures, UTEC, and ATEQ. The funding will...0 Comments 0 Shares 671 Views 0 Reviews
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Malaysia’s DF Automation & Robotics bags $ 1.85M funding round led by Vynn CapitalMalaysia-based robotics company DF Automation & Robotics (DF Auto) has secured $1.85 million of fresh funds to fuel its expansion plans. The investment round is led by Malaysia-based Vynn Capital, through its mobility and supply chain fund that is backed by KWAP, Sime Darby Berhad, MAVCAP, and other strategic limited partners, the company said in a statement on Friday. The investment...0 Comments 0 Shares 2K Views 0 Reviews
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Robotics startups face pecking order struggles as hardware and AI camps clashDeep divides between hardware builders and software developers reveal a fragmented robotics field, even as integration emerges as key to future success. 2024 has been a watershed year for robotics. With advancements in large models and embodied intelligence, a new generation of startups has emerged. Yet, interviews conducted by 36Kr reveal a peculiar pecking order in this rapidly...0 Comments 0 Shares 989 Views 0 Reviews
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Singapore’s Eureka Robotics raises $10.5 in Series A funding round led by B CapitalSingapore-based robotics start-up Eureka Robotics has raised $10.5 million in Series A funding round led by B Capital, a global multi-stage investment firm. Eureka Robotics said in a statement on Thursday that the round also saw participation from new investors Airbus Ventures, an independent venture capital firm operating in service of deep tech entrepreneurs, Maruka Corporation, a...0 Comments 0 Shares 574 Views 0 Reviews
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