
HIVE enhances the machines its customers already own with sensors and the silicon brain. | Source: HIVE HIVE today said it has raised a $15 million in pre-Series A investment. The London-based physical AI startup added that it intends to build the intelligence layer for industrial machines. HIVE said it is building the silicon brain that unifies machine operations through one intelligence platform. The company retrofits existing vehicles to enable them to perceive, decide, and act on their own.
A London-based startup has raised funding to develop what it calls a "silicon brain," technology that retrofits existing industrial machines with sensors and cameras to enable them to operate autonomously. The company retrofits vehicles used in warehouses, production lines, and construction sites so they can perceive, decide, and act independently, with operators able to supervise remotely rather than work inside vulnerable positions. The investment matters because the startup claims its system learns across its entire fleet of deployed machines, with the expectation that this shared learning loop will reduce the cost per productive machine hour by 80 percent over time. The company has already deployed this technology at sites in Scandinavia, including on a mountain pass in Norway where it remotely operates wheel loaders for avalanche clearing.

The company just raised $7 million in seed funding, and is launching its app for iPhone and Android on Tuesday.

Kraken Robotics said it hopes to transform subsea intelligence with 3D imaging sensors, power systems, and uncrewed maritime systems. | Source: Kraken Robotics Kraken Robotics Inc. last week acquired Covelya Group Ltd. for around $432 million USD ($615 million CAD). Kraken said this acquisition aligns with its goal to deliver value to customers through a portfolio of dual-use technologies. “This acquisition positions Kraken as a global provider of mission-critical, dual-use subsea intelligence

Quantum Systems’ Trinity Pro, an eVTOL fixed-wing mapping drone. | Source: Quantum Systems Quantum Systems last week said it has raised $1.2 billion in Series D funding. The defense drone supplier said this latest round brought its valuation to more than $8 billion. “The future is unmanned. Defense will be defined by autonomous systems that can operate together across domains in real time,” stated Florian Seibel, co-founder and co-CEO of Quantum Systems. “With Quantum Systems,
Want to go deeper than the news? Explore live, cohort-based AI courses taught by practitioners.
Browse AI courses on Maven