industrial automation

Industrial cybersecurity startup Claroty raises $140M in pre-IPO funding round

Claroty, an industrial cybersecurity company that helps customers protect and manage their Internet of Things (IoT) and operational technology (OT) assets, has raised $140 million in its latest, and p

Industrial automation startup Bright Machines hauls in $435M by going public via SPAC

After the transaction is consummated, the startup will sport an anticipated equity valuation of $1.6 billion.

Industrial robotics giant Fanuc is using AI to make automation even more automated

Industrial automation is already streamlining the manufacturing process, but first those machines must be painstakingly trained by skilled engineers. Industrial robotics giant Fanuc wants to make robo

Nike-backed Grabit has quietly raised $25 million for robots that handle what others can’t grasp

Robot arms have come a long way since the 1960’s when George C. Devol and Joseph Engelberger created the earliest industrial models. Those had two-finger grippers that, in retrospect, look fit to pl

Researchers simulate a ransomware attack on industrial controls

Researchers at the Georgia Institute of Technology have created a form of ransomware that can hit us where it really counts: the water supply. Their program installed itself in a model water plant and

Siemens Launches $100M Fund To Back Startups Aiming To Disrupt Manufacturing

Siemens Venture Capital, the corporate financing arm of Europe’s biggest engineering company, is launching a new, $100 million fund to back early-stage startups working in the areas of industria