# 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.

- Type: Expansion
- Announced: 2021-09-24
- Where: Boisbriand, Quebec, Canada
- Value: $15.8M (20.0M CAD)
- Status: announced
- Products: collaborative robots, robotic arms
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Kinova](https://endata.com/companies/57928.md)

## Sources

- [thelogic.co](https://thelogic.co/news/robot-maker-kinova-moves-into-industrial-automation-with-20m-from-federal-fund/), 2021-09-24: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.