Canada's Kinova Robotics has raised $20m to finance the further development of its robotic aids for the disabled and expand into Asia and the US. “We want our users to achieve the extraordinary with our robots — creating more value for themselves and our society,” CEO Charles Deguire said in a statement. The company is also working on a robot that can be used by people with spinal cord injuries or other disabilities. Kinova said it will use the proceeds to develop collaborative robotic devices for inspections and pick-and-place operations, manipulator robots for mobile platforms, and robots for medical research and treatment.
Canada's Kinova Robotics has raised $20m to finance the further development of its robotic aids for the disabled and expand into Asia and the US. The company is also working on a robot that can be used by people with spinal cord injuries or other disabilities. Kinova said it will use the proceeds to develop collaborative robotic devices for inspections and pick-and-place operations, manipulator robots for mobile platforms, and robots for medical research and treatment.