3 in Finance

1/29: iRobot’s [NAS: IRBT] estimated $1.7B acquisition by Amazon [NAS: AMZN], for which a definitive agreement was reached in August 2022, has been effectively cancelled in the face of opposition from the U.S. and EU antitrust regulators. iRobot has subsequently announced that it will now lay off 31% of its employees and Chair and CEO, Colin Angle, will step down. (Link)

1/11: 1X Technologies (Norway), developer of humanoid androids designed to operate in the physical world, completed a raise of $100mm of Series B venture funding in a deal led by EQT Ventures. (Link)

1/2: Novanta [NAS: NOVT] completes its $189mm acquisition of Motion Solutions (Irvine, California), a designer and manufacturer of motion control systems for automated industrial customers, from Frontenac. (Link)

3 for Fun

Congressional bill aims to ensure that people with disabilities have access to autonomous vehicles (Link)

BMW partners with robotics startup Figure in response to Tesla’s next generation humanoid (Link)

Miso Robotics opens an autonomous burger joint in California (Link)

Big movers — month over month stock performance

Faraday Future gains 193%; KORE gains 98%; Ouster gains 66%; AEye gains 51%;

Aurora Innovation gains 50%; Innoviz gains 42%; iRobot falls 7%