AI goes physical – literally

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Hello reader,

As AI continues to take over our newsfeeds – and maybe the world – I’ve noticed a rising interest in “physical AI,” which is when the tech is integrated into physical machinery to perform real-world tasks. Never mind an AI agent who can book flights for me – what I need is a robot that can wash my dishes and put them away.

Well, that may be a reality sooner than I think. Currently, there are lots of startups in the market exploring the physical AI space, including today’s top-funded company.

I look forward to the day Rosie the Robot – the robot maid in the animated show The Jetsons – comes to life.

You can find all other important investment deals from the last few days in our weekly funding news wrap-up.

Let’s dive into the biggest deals and M&As that have recently taken place.

— Stefanie

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The biggest deals by market

🇨🇳 Based in China, D-Robotics provides a universal base for robot software and hardware. It has raised US$120 million in series B funding from DiDi Chuxing, GLV, Jinqiu Capital, Linear Venture, Plum Ventures, Synstellation Capital, Ubiquant, Vertex Growth Fund, Xingrui Capital, and Y&R Capital.

🇦🇺 Advanced Navigation is an Australia-based company that develops AI robotics and navigation tech. It has bagged US$112.18 million in series C money from Airtree, National Reconstruction Fund Corporation, and Quadrant Private Equity.

🇮🇳 Blinkit AI is an assistant that generates text, articles, images, videos, voiceovers, and chatbots. Headquartered in India, it has secured US$48.7 million in strategic investment from Eternal.

🇮🇱 Israel-based Onyx Security is developing a secure control plane to oversee AI agents. It has scored US$40 million in seed funding from Conviction Partners and Cyberstarts.

🇸🇬 Mozark is a deeptech company from Singapore that runs a digital experience testing platform. It has raised US$40 million in series B funding from International Finance Corporation, Kalaari Capital, and RMB Capitalworks.

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M&As

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Startups that are raising funds

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Behind the Glasswall

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Exclusive listicles

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