Executives from Milpitas and San Mateo firms say the next phase of deployment focuses on reliability for manufacturing and shipping sites.

Venture capital deals climbed from $160 million across 16 deals in 2023 to $360 million for 29 deals last year. But founders say local investors remain more cautious than Silicon Valley.

Flexiv, a global leader in general-purpose robotics, is pleased to announce that it has secured a new strategic investment.