Canadian venture capitalists say billions needed to jumpstart domestic robotics industry [Yahoo! Finance Canada]
Rockwell Automation, Inc. (ROK)
Last rockwell automation, inc. earnings: 4/28 07:02 am
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Source: Yahoo! Finance Canada
The founding members of the committee under the Canadian Robotics Council (CRC), including (BDC) and Inovia Capital Inc., collectively have more than $12 billion in total venture assets under management. They have also invested $150 million into the Canadian robotics sector, such as BDC's investment in January in Raquel Urtasun's self-driving startup Waabi Innovation Inc. and investments in companies such as Clearpath Robotics Inc., Robotiques Haply Inc. and Kindred Systems Inc. But the $150 million is just the “tip of the spear,” Kory Jeffrey, a partner at Inovia Capital, said. “We need to have capital that understands the opportunities, how to underwrite that and drive companies forward and that's what this group is about,” he said. Aditya Aggarwal, a partner at BDC, said “this is a billions-of-dollars challenge.” The $150 million invested so far has been critical to seeding innovation and proving technical viability, he said, but scaling robotics companies is capital-int
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Earnings
- 2/5/26 - Beat
ROK
Sec Filings
- 4/29/26 - Form SCHEDULE
- 4/24/26 - Form SCHEDULE
- 4/21/26 - Form 4
- ROK's page on the SEC website