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Renault Group finalizes a strategic partnership with Wandercraft to develop next generation robots for industrial use.
Renault Group finalizes a strategic partnership with Wandercraft to develop next generation robots for industrial use.
06/06/25, 6:41 AM
Industry
software
Type
partnership
Renault Group has completed a minority investment in Wandercraft, initiating a partnership to create the Calvin family of robots aimed at enhancing manufacturing operations. This collaboration combines Renault's industrial expertise with Wandercraft's robotic technology to improve productivity and create new business opportunities.
Company Info
Additional Info
In 2019, the Parisian firm launched Atalante, a self-balancing exoskeleton with 12 degrees of freedom that relies on walking on algorithms to determine a user’s gait. Today, the firm announced that it has closed a $45 million Series C, which more than doubles the $30.5 million the company has raised to-date. Quadrant’s participation is particularly noteworthy here, as it finds the company expanding Atalante’s reach beyond Europe, into the United States.“We are super excited to have attracted world-class investors from the USA and Europe to advance the development program of the company,” the company’s CEO Matthieu Masselin said in a release. “With the support of patients, medical professionals and the DeepTech community, Wandercraft’s team has created a unique technology that improves rehabilitation care and will soon enable people in wheelchairs to regain autonomy and improve their everyday health.”The company will be entering a crowded market as it takes on the U.S., which is home to a number of prominent exoskeleton companies, like ReWalk Robotics, Ekso, SuitX and Sarcos, which have thus far raised a ton of money and announced some high-profile partnerships. Wandercraft was founded in 2012, with the vision of improving mobility of wheelchair users.
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