Investors Pour Funds into Robots as Covid-19 Drives Demand For Autonomous Operations

Venture capitalists are continuing to fuel the growth of autonomous mobile robot (AMR) vendors, providing $36 million today for artificial intelligence (AI) firm Brain Corp. in an effort to provide increased automation for retail, healthcare, airports, education, and other industries struggling to cope with demand spikes and labor shortages during the Covid-19 health crisis.

Earlier today, Beijing-based robotic automation provider ForwardX Robotics also landed funding, saying the new round of $15 million would support its recent expansion into the North American market.

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