FANUC

Capital Machine, a Tampa-based distributor and service provider for press brakes, metal-cutting machines and robotic welders, said in a Business Wire release on Oct 14 that it has acquired KC Robotics, a robotic systems integrator in West Chester, Ohio, for undisclosed terms. It is Capital Machine's first add-on acquisition since private-equity firm Rotunda Capital Partners backed it in March 2025. KC Robotics has spent more than 35 years building custom cells for welding, cutting and finishing, material handling, machine tending, assembly and vision-guided work, holds integrator credentials with FANUC, ABB, Yaskawa Motoman and KUKA, and will keep its name under chief executive Kyle Carrier, the release said. Capital Machine, which has showrooms in five US cities and field service in 22 states, said the deal lets it sell the machine, the robot and the integration as one package backed by one service organisation. It is one of three robotics ownership deals MEKAWIRE has logged since Oct 12, alongside Stryker's $400 million investment in CMR Surgical, which carries an option to acquire, and FFR's planned all-stock purchase of Faraday Future's robotics business.

Unitree Robotics, the Hangzhou maker of quadruped and humanoid robots that listed on Shanghai's STAR Market in August 2026, now earns more from humanoids than from robot dogs. Its filings show 73.6% of humanoid revenue in the first nine months of 2025 came from research and education buyers, the central question for a company worth about RMB61 billion at its issue price.

Skild AI's $1.4 billion Series C, led by SoftBank, and Figure AI's $1 billion Series C, led by Parkway Venture Capital, are the two largest humanoid and embodied-AI rounds in MEKAWIRE's verified records since January 2025, and together make up 41% of the $5.86 billion disclosed across 22 rounds. Humanoid makers took 70% of disclosed money in 2025, but developers of robot foundation models have taken 71% in 2026 so far, and NVIDIA joined seven rounds without leading one.

A vision-language-action (VLA) model is one neural network that reads camera images and a plain-language instruction and outputs a robot's next motor commands, built by training a vision-language model on robot demonstrations. Google DeepMind, Physical Intelligence, NVIDIA, Figure AI, Skild AI and AgiBot lead, and the commercial race now turns on the cost of action data rather than model design.

Inbolt, which sells 3D vision and AI software that lets industrial robots correct their motions in real time, said on 30 September 2026 it raised $12.5 million in a round led by Shift4Good. The money funds expansion in the US and Asia-Pacific and a move into data centres and electronics manufacturing, taking total funding to $34 million.

Shipments of professional service robots rose 24% to almost 250,000 units in 2025, led by 117,500 transport and logistics robots, the International Federation of Robotics said on 30 September 2026. The IFR counted about 7,000 full-size humanoids sold worldwide and 174 humanoid makers, more than half of them in China, and said most humanoid uses still rely on teleoperation.

Hitachi and FANUC signed a strategic partnership on Sept. 30 to commercialize physical AI jointly, combining Hitachi's HMAX Industry software and in-house edge AI semiconductor with FANUC robots. Trials start in Hitachi's Ibaraki-area plants as “Customer Zero,” with global sales planned from fiscal 2027. No financial terms were disclosed.

General Intuition, which trains AI models on action-labelled gameplay clips from the Medal platform, said on 29 September 2026 that it had raised $220 million at a $6.2 billion valuation from investors including Khosla Ventures and General Catalyst. The figure is 2.7 times the $2.3 billion it disclosed with its Series A 96 days earlier, and the company has opened a waitlist for partners in robotics, simulation and games.

Hitachi has reached a basic agreement with Munich's Agile Robots to fuse their AI models into a robot "brain" for factory work and pair it with Hitachi's edge AI chips, then sell the results globally through HMAX Industry. No financial terms or launch dates were disclosed, and the deal came a day before Hitachi's separate physical AI partnership with FANUC.

Watney has raised an $80 million Series A co-led by the Valor Atreides AI Fund and Hummingbird Ventures, taking its total funding past $100 million. The San Francisco company runs dexterous robots for hyperscale cloud operators and claims better than 99.99% reliability over hundreds of thousands of operating hours, but it disclosed no customer names, valuation or founders.

D-Robotics, the robot-chip business Horizon Robotics stopped consolidating in March, said on 17 September 2026 it had closed a US$400 million Series C without naming a single investor or a valuation. The company says it has shipped more than 8 million Sunrise chips and that its newest S600 part won more than 20 robot customers within six months, including UBTECH, Fourier and Booster Robotics.

Universal Robots unveiled its seventh-generation platform on September 14, 2026, with three new g-Series arms, a CB7 controller offering 40% more compute in a 30% smaller footprint, and native ROS 2 support. Two weeks earlier its parent Teradyne Robotics sued the German subsidiary of China's JAKA at the Unified Patent Court, its second European IP action against a Chinese cobot maker this year.

FANUC said on Sept. 11 it will begin shipping an AI Welding Agent at the end of December 2026. The system photographs a part drawing with the CRX tablet teach pendant and generates welding conditions and robot motion without manual teaching, using Google Cloud's Gemini Enterprise. Price was not disclosed.

Harmonic Drive Systems booked ¥24,128 million of orders in April to June 2026, up 55.7% from a year earlier, and lifted its operating profit forecast for the year to March 2027 from ¥6,200 million to ¥8,500 million on 7 August. A large North American surgical robot order and AI driven semiconductor spending led the recovery, while China delivered the smallest order intake of its four regions.

Teradyne reported second-quarter 2026 revenue of $1,329 million, up 104% from a year earlier, with its Robotics group, home to Universal Robots and MiR, contributing $100 million against $75 million in the second quarter of 2025. The company guided third-quarter revenue to $1.2 billion to $1.3 billion.

Fujitsu said on July 16 it had begun exploring physical AI businesses with three of Japan's largest robot makers, FANUC, Yaskawa Electric and Kawasaki Heavy Industries, using NVIDIA Cosmos, Omniverse, Isaac and the Newton physics engine. Fujitsu will build a common software platform and hardware interfaces, with manufacturing, retail and logistics, and healthcare as first targets. No timeline or financial terms were given.

Yaskawa Electric said on July 15 it had developed an agentic robot system with Google DeepMind that uses Gemini Robotics ER 1.6 as the decision layer for its MOTOMAN NEXT robot. The system plans and executes tasks from high-level instructions without detailed teaching and recovers from errors on its own. Applications and delivery timing will be announced later.

Rokae (Shandong) Robotics Group began trading on the Hong Kong Stock Exchange Main Board under code 3752 on 9 July 2026 after selling 23,031,900 H shares at a fixed HK$38.00, for gross proceeds of HK$875.2 million. The Hong Kong public tranche was subscribed 156.58 times and the international tranche 11.96 times, and a full over-allotment exercise on 5 August took the total raised to about HK$1,006.5 million.

Standard Bots said on 9 June 2026 that it had raised a US$200 million Series C led by RoboStrategy, with existing investors including General Catalyst, at a valuation of US$1 billion. The Glen Cove, New York, robot maker is expanding its plant to 70,000 square feet and says it is on pace to supply 10% of new US industrial robot deployments by 2027.

Yaskawa Electric unveiled a 2035 vision and a four-year plan, Dash 35, on May 22 that aims to more than double operating profit from ¥47.3 billion to ¥100 billion by fiscal 2029 on revenue of ¥650 billion. The plan makes physical AI one of five pillars, with the MOTOMAN NEXT autonomous robot and new actuators for humanoid robots, backed by ¥250 billion of investment. It follows a year in which net profit fell 38.2% and the previous plan's targets were missed.

Kawasaki Heavy Industries opened the Kawasaki Physical AI Center San Jose on May 21 to develop AI-driven robot systems with NVIDIA, Analog Devices, Microsoft and Fujitsu, with healthcare and elderly care as the first focus. President Yasuhiko Hashimoto said the goal is a hospital one-stop solution covering patients from arrival to post-operative care. The move comes as Kawasaki plans to lift robot sales 24% this year, led by car body and semiconductor equipment lines.

FANUC said on May 13 that all of its robots will be fully supported on Intrinsic's enterprise software platform and that it has joined Google DeepMind's Gemini Robotics trusted tester programme, after shipping more than 1,000 robots for physical AI uses since December. Two days later it expanded its NVIDIA work, linking ROBOGUIDE with Isaac Sim, training a dual-arm robot with Isaac GR00T N and moving a collision-avoidance system to Jetson Thor.

Doosan Robotics said on April 29 that it will launch robot solutions on its Agentic Robot O/S in 2027 and an industrial humanoid in 2028, after hosting NVIDIA's Madison Huang to discuss linking that software with NVIDIA's simulation and training stack. In May it moved its European office to Frankfurt with local repair and training, and in June it unveiled the PalletizHD+ palletiser in Chicago.

FANUC said on April 24 that sales for the year to March 2026 rose 7.6% to a record ¥857.8 billion and operating profit rose 15.7% to ¥183.8 billion, with robots now 44.1% of revenue. Fourth-quarter orders climbed 19.2% to ¥252.0 billion, led by a 55.2% jump in China, and the company guided for another record year while authorising a buyback of up to ¥50 billion.

Sony AI's autonomous table tennis system Ace won three of five matches against elite players and lost both matches against two Japanese T.League professionals in April 2025 trials, according to a paper published in Nature on April 22, 2026. The robot combines event-based vision sensors from Sony Semiconductor Solutions, an eight-axis arm and reinforcement learning policies trained in simulation, and reaches a perception latency of 10.2 milliseconds.

An 82-author team from Toyota Research Institute, Cornell University and MIT reported in Science Robotics on April 15, 2026 that multitask large behavior models, built on diffusion policy, outperform single-task baselines in blind, randomized trials and need far less task-specific data. The preprint version describes about 1,700 hours of robot demonstrations across more than 500 tasks and 1,800 controlled real-world trials.

Generalist AI released GEN-1 on April 2, 2026, an embodied foundation model pretrained on more than 500,000 hours of human physical interaction data captured with wearable devices and no robot data. The company reports 99% average success on tasks where its previous model reached 64%, about one hour of robot data per task and task times roughly three times faster than the prior state of the art; the results are the company's own and have not been independently replicated.

UBTech Robotics said in its 2025 annual results that revenue from full-size humanoid robots rose 2,203.7% to RMB820.6 million on 1,079 units, lifting group revenue 53.3% to RMB2.0 billion. The net loss narrowed to RMB789.8 million, while three share placings raised RMB5.78 billion to fund capacity for more than 6,000 robots a year.

Chinese collaborative robot maker Guangdong Huayan Robotics began trading in Hong Kong under code 1021 on 30 March 2026 after pricing its H shares at HK$17.00 and raising HK$1,579.34 million gross. The retail tranche was subscribed 5,059.38 times, while preliminary 2025 results showed revenue up 24.6% to RMB386.9 million and a net loss of about RMB29.9 million.

Japan's inter-ministerial AI robotics council on March 26, 2026 endorsed a national strategy that aims to win more than 30% of a multi-purpose robot market the government expects to reach about 60 trillion yen by 2040. The plan promises an open-source domestic robot foundation model by around June 2027, names 16 deployment fields and defers concrete sector targets to a roadmap revision due in May.

NVIDIA used its GTC keynote on March 16, 2026 to preview Isaac GR00T N2, a robot foundation model built on its DreamZero world action model research that it says succeeds at new tasks in new environments more than twice as often as leading VLA models. It also put the 3-billion-parameter GR00T N1.7 into commercial early access and announced Cosmos 3 and Isaac Lab 3.0, with N2 due by the end of 2026.

Mind Robotics, the industrial AI robotics company founded and led by Rivian chief executive RJ Scaringe, said on March 11, 2026 that Accel and Andreessen Horowitz co-led a $500 million Series A, about four months after a $115 million seed. Rivian's filings show it deconsolidated the start-up in March, valued its remaining 37.6% at about $569 million using the Series A share price and recorded a $506 million gain, which by MEKAWIRE arithmetic implies an equity value near $1.51 billion.

The European Commission cleared SoftBank Group's purchase of ABB's robotics division, valued at USD 5.375 billion, under its simplified procedure on 11 March 2026. The price equals 17.2 times the division's 2024 EBITDA, while the floor valuation of Skild AI, whose round SoftBank led in January, is 2.6 times as high. Approvals in China and the United States remain, and both companies expect closing in mid-to-late 2026.

Nanjing industrial robot maker Estun Automation began trading in Hong Kong on 9 March 2026 after pricing 96.78 million H shares at HK$15.36, raising HK$1.49 billion gross, with half of the net proceeds reserved for overseas plants, alliances and acquisitions. Its first annual results as a dual-listed company showed 2025 revenue up 21.93% and a small profit after a RMB810.93 million loss, while stabilisation buying down to HK$11.69 showed weak aftermarket demand.

Hyundai Motor Group agreed on February 27, 2026 to invest about 9 trillion won from 2026 in a robotics, AI and hydrogen hub at Saemangeum in North Jeolla. The plan includes a 400 billion won robot cluster with a finished-robot factory sized for about 30,000 units a year, a contract-manufacturing foundry and a parts complex, due in 2029, next to a 5.8 trillion won AI data centre scaled in phases to 50,000 GPUs.

Nabtesco, which estimates it supplies about 60% of the joint reducers in medium and large industrial robots, said component segment orders rose 16.2% to ¥82.4 billion in 2025 and operating income more than doubled to ¥5.4 billion. The Tokyo-listed company forecasts precision reduction gear sales of ¥88.2 billion in 2026, with robot demand recovering mainly in the second half, while its Changzhou plant already runs at 115% utilisation.

Teradyne said its Universal Robots and MiR unit booked $89 million of revenue in the fourth quarter of 2025, up about 19% on the third quarter but below $98 million a year earlier. Full year robotics revenue fell to $308 million from $365 million, and restructuring in the unit affected about 400 employees, while group revenue rose 44% in the quarter on AI chip test demand.

Shenzhen-based LimX Dynamics said on 2 February 2026 it had closed a US$200 million Series B with investors including Stone Venture, JD, Oriental Fortune Capital, CoStone Capital and SAIC-backed Shangqi Capital. The round came three weeks after the launch of LimX COSA, the agentic operating system that runs its full-size humanoid Oli, and the company added a second US$200 million pre-IPO round 162 days later.

RobCo, which builds AI-driven industrial robots and leases them to manufacturers, raised $100 million in a Series C round co-led by Lightspeed Venture Partners and Lingotto Innovation on January 29, 2026. The Munich-founded company will use the money for its Physical AI roadmap, larger enterprise deployments and a bigger US presence, but disclosed no valuation or deployment figures.

ABB's robotics division, now reported as a discontinued operation ahead of its USD 5.375 billion sale to SoftBank Group, booked 2025 revenue of USD 2,331 million and income from operations of USD 294 million, ABB disclosed with its fourth-quarter results on 29 January 2026. Fourth-quarter operating income fell to USD 37 million from USD 71 million as expenses rose 48%, while gross margin improved.

Figure AI on Jan. 27, 2026 released Helix 02, a robot foundation model that runs a humanoid from camera pixels and fingertip touch down to joint commands at 1 kHz, replacing 109,504 lines of hand-written C++ with a 10-million-parameter learned controller. The company showed a Figure 03 unloading and reloading a dishwasher across a full kitchen in a four-minute, 61-action run it says had no resets and no teleoperation.

FANUC said robot division orders rose 20.9% to ¥98.8 billion in the October to December quarter, while robot sales grew 21.9% to ¥96.6 billion. The Japanese robot and CNC maker raised its full-year sales forecast to ¥840.7 billion but trimmed its operating profit outlook by ¥3.0 billion, and said it had taken orders for more than 1,000 CRX collaborative robots linked to physical AI since the iREX show in December.

Orders for industrial robots from Japan Robot Association members rose 27.8% in value to ¥925.8 billion in 2025, driven by a 36.2% rise in exports while domestic shipments fell 8.9%. The association expects all-industry orders to grow only 3.2% to ¥1.03 trillion in 2026, citing AI-linked demand from semiconductor and electronics makers.

Mobileye agreed on 5 January 2026 to buy Israeli humanoid developer Mentee Robotics for $900 million in cash and stock and closed the deal on 3 February. Its filings show chief executive Amnon Shashua, Mentee's chairman and co-founder, receives about $341 million and chief technology officer Shai Shalev-Shwartz about $118 million, with 90% of the founders' stock released only after two and four years. Mentee targets autonomous customer pilots in 2026 and series production in 2028.

FANUC released an open-source ROS 2 driver, made Python standard on its robots and showed NVIDIA-based physical AI demonstrations at the International Robot Exhibition in Tokyo. Yaskawa Electric and SoftBank Corp. signed a memorandum to build office robots that split AI between the mobile network edge and the robot. Organisers counted a record 673 exhibitors and 156,110 visitors over the show's four days.

Tokyo-based Mujin said on 2 December 2025 it had raised ¥36.4 billion ($233 million) in the first close of a Series D round, combining $133 million of equity co-led by NTT Group and the Qatar Investment Authority with $100 million of loans from Japanese banks. The company plans to use the money to turn MujinOS into a product business and to push harder into Europe and North America, with a second close planned for 2026.

Robot foundation model developer Physical Intelligence has raised $600 million at a $5.6 billion valuation in a Series B led by Alphabet's growth fund CapitalG, according to its investors. The round followed the release of π*0.6, a model the company says more than doubles throughput on hard tasks after reinforcement learning on real robots.

At GTC Washington on October 28, 2025, NVIDIA expanded its Mega Omniverse Blueprint for factory-scale digital twins, with Siemens, FANUC and Foxconn among the first partners, and named Figure, Agility Robotics, Amazon Robotics and Skild AI as robot developers on its stack. It also unveiled IGX Thor, a 5,581 FP4 teraflop industrial and medical edge computer due in December 2025.

SoftBank Group will acquire ABB Robotics for an enterprise value of US$5.375 billion, the two companies said on 8 October 2025, replacing ABB's plan to list the unit separately in 2026. The division had 2024 revenue of US$2.279 billion and about 7,000 employees, and the deal needs approval in the EU, China and the US before an expected close in mid-to-late 2026.

The International Federation of Robotics said on 25 September 2025 that 542,000 industrial robots were installed worldwide in 2024, the second-highest annual total on record and 2% below 2023. Japan (44,500 units, down 4%), the Republic of Korea (30,600, down 3%) and Germany (26,982, down 5%) all contracted, while China installed 295,000 units and domestic Chinese makers took 57% of their home market for the first time.

Doosan Robotics agreed on 28 July 2025 to buy 89.59% of ONExia, an Exton, Pennsylvania robot integrator, for a final KRW 37.41 billion (USD 27.19 million) in cash, closing on 17 September 2025. ONExia has since absorbed Doosan's US sales arm, won Haleon packaging contracts and swung to a loss as the merged unit, while Doosan raised its stake to 94.12%.

ABB said on 17 April 2025 it will propose a full spin-off of its Robotics division at its 2026 AGM, with trading in the new company planned for the second quarter of 2026. The division, which ABB calls the global number two in robotics, had about US$2.3 billion of 2024 revenue and a 12.1% operational EBITA margin, while its business area's first-quarter margin fell to 9.9% even as orders rose 14%.