Category: Robots

Figure AI cracks down on unauthorized secondary stock trading

Published On:

Apr 30, 2025 4:31 AM

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by

Chinmay Panda

in Ethics & Regulation, Robots

Figure AI, a robotics startup, has issued cease-and-desist letters to at least two secondary market brokers. These brokers were marketing Figure AI’s stock without authorization. The letters were sent in February 2025, following reports of Figure AI seeking $1.5 billion funding at a $39.5 billion valuation. This event highlights challenges private companies face in controlling…
Near Space Labs Raises $20M to Expand Stratospheric Imaging Robots

Published On:

Apr 29, 2025 6:46 PM

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by

Bikash Kampo

in Robots, Hardware

Near Space Labs has raised $20 million in Series B funding to expand its stratospheric imaging robots called Swifts. This brings the company’s total funding to over $40 million. The investment round was led by Bold Capital Partners with strategic involvement from USAA and others. What Are Swifts? The Swifts are aircraft lifted by helium…