Emerging Technology (ET)

(Reuters) – Magic Leap, a secretive startup working in the augmented reality space, said on Wednesday it raised $461 million in its latest funding round, led by the Kingdom of Saudi Arabia’s sovereign investment arm.

SANTA CRUZ, Calif. – February 1, 2018 – Joby Aviation announced it has secured $100M in Series B financing to take its all-electric vertical take-off and landing (eVTOL) passenger aircraft into pre-production and certification.

Rony Abovitz has been dreaming about a new way of seeing the world since he started Magic Leap in 2011. He raised $1.9 billion in funding, but he stayed quiet about what the company was going to do. Today, he unveiled the Magic Leap One AR goggles for the first time. AR is expected to be a multibillion market, with support from Google and Apple, but Magic Leap is the company that is throwing the most money and people at the challenge today.

Room service robot Aura has helped hotel M Social Singapore land two awards from International Data Corporation (IDC) Asia Pacific.

BOSTON, Nov. 21, 2017 /PRNewswire/ — Delphi Automotive PLC (NYSE: DLPH), soon to be Aptiv (NYSE: APTV), announced today that it has closed its acquisition of nuTonomy, a leading developer of autonomous driving (AD) software solutions. The addition of nuTonomy further strengthens Aptiv’s position as a technology leader in the global autonomous mobility market.

Plantation, Florida – October 17, 2017 – Magic Leap, Inc. (“Magic Leap”) announced today that it has raised $502 million in Series D equity funding, led by Temasek and with participation from strategic and financial investors.

Denver, CO, Aug. 28, 2017 (GLOBE NEWSWIRE) — Swisslog Healthcare, a leading supplier of solutions for medication and supply chain management in healthcare, announces its investment in Savioke, developer of the Relay autonomous delivery robot, a friendly indoor service robot that works safely, securely and reliably in human environments.

Meet Aura, South-east Asia’s first front-of-house autonomous service delivery robot which is now making its rounds at M Social Singapore to send items like bottled water, towels and toiletries to guestrooms.

BURBANK, Calif., July 11, 2017 /PRNewswire/ — The Walt Disney Company today announced the eleven 2017 Disney Accelerator companies that are helping build the future of media and entertainment. The Disney Accelerator is designed to connect these Disney portfolio companies with the creativity, imagination, and expertise of The Walt Disney Company, providing them unprecedented access to Disney’s leadership team, mentorship, and support.

The emergence of internet-connected manufacturing has created a new investment area that will impact adjacent sectors and even entire economies for decades to come. PE is among the early movers