Kinova plans new facility and industrial cobot line with $20M federal funding

Kinova, a Quebec-based robotics company, has secured $20 million from the federal innovation fund to expand into industrial automation, including a new facility and collaborative robots for small manufacturers. The total project cost is over $100 million.

“The firm has secured $20 million in financing from the federal government’s flagship innovation fund as part of its ongoing fundraising for the project.”thelogic.co

• 1 source
• thelogic.coRobot maker Kinova moves into industrial automation with ...Murad HemmadiSep 24, 2021

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