MEKAWIRE
News

Wire

Every funding round, launch and paper, as it's reported.

307 stories
Jan 4, 2026
ProductKR

LG enters the robot joint business with its AXIUM actuator brand as the CLOiD home robot makes its CES debut

LG Electronics unveiled the CLOiD home robot and launched LG Actuator AXIUM, a brand of motor, drive and reducer joint modules aimed at the wider robotics market, at CES 2026. The robot came with detailed joint counts but no price or date, and the actuator with no specifications or customer, leaving LG behind Hyundai Mobis, which named Boston Dynamics' Atlas as its first actuator customer three days later.

Dec 30, 2025
FundingCN

SwitchBot maker OneRobotics raises HK$1.64 billion in Hong Kong IPO as retail demand hits 254 times

OneRobotics, the Shenzhen company behind the SwitchBot smart home robots, began trading in Hong Kong on December 30, 2025 after pricing its H shares at HK$73.80 and raising gross proceeds of HK$1,640.01 million. The retail tranche was 254.50 times subscribed. The company sells most of its products in Japan and turned profitable only in the first half of 2025.

Dec 15, 2025
M&AUS

iRobot files for Chapter 11 as Chinese supplier Picea takes 100% of the Roomba maker

iRobot filed for Chapter 11 in Delaware on December 14, 2025 under a restructuring support agreement that gives Shenzhen PICEA Robotics, its secured lender and primary contract manufacturer, all of the reorganized equity. Picea held $190.7 million of loan claims bought from Carlyle affiliates plus $161.5 million of manufacturing receivables, while iRobot shareholders receive nothing and Nasdaq trading was set to be suspended on December 22.

Dec 11, 2025
PartnershipUS

1X will offer up to 10,000 NEO humanoids to EQT's 300-plus portfolio companies by 2030, sending its home robot into industry

1X Technologies said on 11 December 2025 that it would make up to 10,000 NEO humanoid robots available to companies owned by its investor EQT between 2026 and 2030. Pilots start in the United States in 2026 before scaling into Europe and Asia, with each portfolio company deciding whether and how to deploy. No prices or binding order volumes were disclosed.

Dec 3, 2025
ProductUS

Medtronic wins FDA clearance for its Hugo surgical robot in urology, opening a US challenge to Intuitive's 10,763 da Vinci systems

The FDA cleared Medtronic's Hugo robotic-assisted surgery system for prostatectomy, nephrectomy and cystectomy on December 3, 2025, after a 268-day 510(k) review. The clearance rests on the 137-patient Expand URO study, which reported a 98.5% surgical success rate, and gives Medtronic its first US entry against Intuitive's da Vinci after years of selling Hugo in more than 30 other countries.

Dec 3, 2025
IndustryJP

FANUC opens its robots to ROS 2 and NVIDIA as a record iREX 2025 turns Tokyo into a physical AI showcase

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.

Dec 2, 2025
FundingJP

Mujin raises $233 million in Series D first close as NTT and Qatar's sovereign fund bet on its robot operating system

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.

Nov 27, 2025
PolicyCN

China's top planner warns of a humanoid robot bubble as more than 150 makers crowd the market

The National Development and Reform Commission said on November 27, 2025 that China now has more than 150 humanoid robot companies, over half of them start-ups or entrants from other industries, and that it must guard against near-identical products flooding the market. The agency said it will build industry standards plus entry and exit rules for embodied AI, even as listed and private robot makers raised billions in the same weeks.

Nov 25, 2025
FundingCN

UBTech raises HK$3.1 billion for supply-chain deals a week after its Walker S2 humanoid enters mass delivery

UBTech Robotics agreed on 25 November 2025 to place 31.468 million new H shares at HK$98.80, raising about HK$3.11 billion, and earmarked 75% of the net proceeds for investing in or acquiring upstream and downstream companies. Eight days earlier the Shenzhen company said its Walker S2 industrial humanoid had entered mass production and delivery, with orders since the start of 2025 above RMB800 million.

Nov 21, 2025
FundingUS

Physical Intelligence raises $600 million at $5.6 billion as CapitalG leads bet on a shared robot brain

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.

Nov 20, 2025
ProductUS

Figure retires Figure 02 after an 11-month BMW run tied to 30,000 cars, handing the job to Figure 03 and a 12,000-a-year BotQ line

Figure AI said its Figure 02 humanoid contributed to the production of more than 30,000 BMW X3 vehicles over an 11-month deployment at Spartanburg before being retired. The company is replacing it with Figure 03, launched on 9 October 2025 with faster cameras, palm cameras, 3-gram tactile fingertips and 2 kW wireless charging, built for a BotQ line rated at up to 12,000 robots a year.

Nov 18, 2025
FundingCH

Distalmotion raises US$150 million to take its DEXTER surgical robot into US outpatient centres

Swiss surgical robot maker Distalmotion closed a US$150 million Series G led by Revival Healthcare Capital on 18 November 2025 and named former Silk Road Medical chief executive Chas McKhann executive chairman. Johnson & Johnson's venture arm followed with a strategic investment in January 2026, and by August the FDA had cleared DEXTER for five procedures aimed at ambulatory surgery centres.

Nov 16, 2025
BusinessKR

Hyundai Motor Group pledges KRW125.2 trillion in Korea to 2030, adding a robot foundry and a physical AI test center

Hyundai Motor Group said on 16 November 2025 it will invest KRW125.2 trillion in South Korea from 2026 to 2030, its largest domestic commitment and KRW36.1 trillion more than in the previous five years. The plan puts KRW50.5 trillion into future businesses including AI, robotics and hydrogen, and lists a robot manufacturing and foundry facility, a Physical AI Application Center and a petabyte-scale AI data center that is still under review.

Nov 7, 2025
BusinessUS

Tesla shareholders approve Musk award that pays out only if Tesla delivers 1 million robots or hits other operating goals alongside a market value of up to $8.5 trillion

Tesla shareholders approved the 2025 CEO Performance Award at the November 6, 2025 annual meeting, with 1,892,235,822 shares voting for and 564,940,908 against, according to Tesla's 8-K. The award of up to 423,743,904 restricted shares is split into 12 tranches, each earned only when a market capitalization step from $2 trillion to $8.5 trillion is paired with one of 12 operating milestones, among them the cumulative delivery of 1 million Bots, a category the award agreement defines to include Optimus.

Nov 5, 2025
ProductCN

XPeng unveils a next-generation IRON humanoid with 82 degrees of freedom and sets end-2026 for mass production

XPeng used its 2025 AI Day in Guangzhou on 5 November to show a redesigned IRON humanoid with 82 degrees of freedom, 22-degree-of-freedom hands, three in-house Turing AI chips and an all-solid-state battery. The carmaker said it aims for large-scale mass production by the end of 2026, starting with guide and retail roles, and named Baosteel as an industrial partner.

Nov 5, 2025
ResearchUS

Generalist AI's GEN-0 claims robotics' first scaling laws, trained on 270,000 hours of real-world manipulation data

Generalist AI introduced GEN-0 on November 4, 2025, a family of embodied foundation models that the company says improves predictably with more physical interaction data. It reported a capacity threshold at 7 billion parameters, models scaled past 10 billion, and a pretraining corpus of more than 270,000 hours growing by over 10,000 hours a week. The findings were published as a company blog post, not a peer-reviewed paper.

Nov 4, 2025
PartnershipDE

Schaeffler will build humanoid joints for NEURA Robotics and put a mid-four-digit number of its robots into its own plants by 2035

Schaeffler and NEURA Robotics announced on 4 November 2025 that they will jointly develop and supply humanoid components, led by actuators, and signed an offtake agreement under which Schaeffler plans to integrate a mid-four-digit number of humanoids into its global production network by 2035. Schaeffler's planetary gear actuators, rated at up to 250 Nm, are designed for the joints of NEURA's 4NE1 humanoid.

Oct 31, 2025
PartnershipKR

Korea lines up more than 260,000 NVIDIA GPUs as Hyundai, Samsung and SK aim the compute at robots and factories

NVIDIA and South Korea said on 31 October 2025 that more than 260,000 NVIDIA GPUs will go into the government's sovereign cloud and the country's biggest industrial groups. Hyundai Motor Group and NVIDIA put about $3 billion behind a physical AI push that includes virtual testing of humanoid robots, while Samsung and SK plan AI factories with robotics and digital twin workloads.

Oct 30, 2025
M&ACN

AgiBot takes 63.6% of STAR Market-listed Swancor after tender offer, giving the humanoid maker a listed platform for about RMB2 billion

AgiBot's acquisition vehicle Shanghai Zhiyuan Hengyue and a concert party now hold 63.6232% of Swancor Advanced Materials after holders tendered 135,663,336 shares at RMB7.78 in a partial offer that closed on 28 October 2025, Swancor disclosed on 30 October. With share transfers registered in September, the stake cost about RMB2.0 billion, and the filings say the buyer has no explicit plan to change Swancor's business within 12 months.

Oct 29, 2025
IndustryUS

NVIDIA pitches factory digital twins and Thor robot computers as the toolkit for US reindustrialization, enlisting Foxconn, Siemens, FANUC and four robot developers

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.