Motion, the company behind what it says is Europe’s first Humanoids-as-a-Service (HaaS) platform, has raised a $2 million pre-seed round led by Extantia Capital, with participation from Norrsken Evolve. The funding will take Motion’s five live pilots with Belgian industrial, warehouse and logistics players into full production, expand the team and grow its robot fleet, […]

The startup is only a year old but it has already generated a massive amount of hype (and money) while also spurring privacy concerns.

XPeng – previously known only for electric cars – has raised more than $900 million for its robotics business at a post-money valuation of more than $6.3 billion, as the Chinese electric vehicle maker prepares to begin mass production of its IRON humanoid robot. The company says the financing is the largest single-round private capital […]

German robotics company Agile Robots expects to double its revenue this year as demand for industrial automation continues to grow, according to an interview with the company’s chief executive published by the Wall Street Journal. CEO Zhaopeng Chen told the newspaper that Agile Robots generated revenue of €300 million (approximately $346 million) in 2025 and […]

Humanoid, a UK-based AI and robotics company building industrial humanoid robots, today announced a $152 million Series A financing at a $1.35 billion post-money valuation. This funding brings the total amount raised to date to $270 million. The round was led by Prime Movers Lab, a venture capital firm focused on investments in breakthrough scientific […]

Last week, the US government announced $2 billion in investments in quantum computing companies, allocating $100 million each to a range of startups in exchange for equity in the companies. Those could be make-or-break investments for many companies that are likely years away from a product that could see widespread use. But a member of the US Congress is now arguing that those deals are illegal, as Congress did not allocate the money for this purpose—instead, it was meant to support public research in semiconductors.

But the biggest chunk of money would go to a company that likely wouldn't exist if it weren't for the government's backing. Anderon will be set up with a billion dollars each from IBM and the government and will inherit personnel and IP from IBM. It will serve as a foundry for fabricating quantum processing units and will contract its services out to IBM and any other company that wants access to cutting-edge hardware.

Is any of this legal?

Zoe Lofgren (D–Calif.), the ranking member of the House Science, Space, and Technology Committee, made it clear that she is not happy with how the government is using its money to support this technology.

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