Round size: $904M
OnLogic will keep its Vermont headquarters, as well as its global offices, as part of OMRON. Source: OnLogic As manufacturers increasingly use data and AI at the edge, they need reliable computing that works alongside real-time automation and control. OMRON Corp. this month said it has agreed to acquire 100% of OnLogic this week, worth
At an October 19 State Council Information Office briefing, China's MIIT disclosed that domestic humanoid robot makers launched more than 400 complete-product models and produced over 40,000 units in H1, with full-year 2026 output projected to exceed 100,000 units. The Ministry of Commerce and eight other departments jointly issued the 'Opinions on Accelerating the Advancement of Technology-Driven Commerce' containing 18 measures across four areas. Next steps include publishing the National Guidelines for Building the Humanoid Robot Industry Standards System (2026 Edition) and deploying the 60 billion yuan (~$9 billion) National AI Industry Investment Fund to support key applications in industrial, special-purpose, and livelihood scenarios.
Capital is flowing heavily into China's underwater robotics sector, with three companies (Sailing Intelligence, Deepsea Humanoid Robotics, and Oceanine Robotics) achieving record-breaking financings totaling over 1.6 billion yuan in three months, all founded by Harbin Engineering University graduates. The investment thesis centers on clear ROI in dangerous underwater scenarios where robots replace expensive human divers entirely, with the global subsea service market valued at 1.5 trillion yuan growing over 20% annually.