Faraday Future Announces $25M in New Financing
Insider Brief Faraday Future announced securing $25 million in new financing as the company continues its push into robotics, bringing total funding raised over the past two months to $70 million. Faraday Future secured $45 million in financing in April, with $15 million immediately available and the remaining funds tied to future installments. The California-based […]
Insider Brief South Korean robotics company WIRobotics has raised about $68 million in a Series B funding round as the company expands beyond wearable robotics to speed up development of its humanoid robotics platform. The round was led by JB Investment and included participation from InterVest, Hana Ventures, Smilegate Investment, SBVA, NH Investment & Securities, […]
Insider Brief PRESS RELEASE — RLWRLD, a physical AI company developing robotics foundation models for dexterous manipulation, unveiled RLDX-1 at “Dexterity Night in SF,” introducing a model designed to help humanoid robots perform contact-rich tasks such as grasping, pouring and tool use. The company also reported benchmark results across humanoid tabletop, kitchen manipulation and real-world […]