A&K Robotics, which makes self-driving mobility robots that can move passengers through indoor spaces like airports, said that BDC’s Industrial Innovation Venture Fund and Vantage Futures led the all-equity round. (The Logic)
Talking point: A&K has previously brought in $2.6 million across multiple raises, spokesperson Tim Smith said. The company’s flagship product, Cruz, is a single-seat pod that can navigate airports, museums and other facilities using sensors and artificial intelligence to move amid pedestrians. It is already deployed in some airports, including Vancouver International, where A&K has been testing the technology. The funding will help the company move from pilot projects to permanent contracts and grow its production of the robots. The firm said it is opening a new manufacturing facility in Surrey, B.C., which will help it build hundreds of its pods each month.
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