logo
Yarbo Secures Strategic B+ Round Investment to Accelerate Global Growth and Product Innovation

Yarbo Secures Strategic B+ Round Investment to Accelerate Global Growth and Product Innovation

Cision Canada6 days ago
Strategic funding from AI and robotics leaders to fuel innovation, expansion, and support.
NEW YORK, July 31, 2025 /CNW/ -- Yarbo, the company behind the world's first multi-purpose autonomous yard robot, has announced the successful closing of its Series B+ funding round. The multi-million dollar investment—backed by leading strategic investors in the smart home, robotics, and artificial intelligence sectors—marks a pivotal milestone in Yarbo's mission to revolutionize yard care worldwide.
This new round of funding will fuel Yarbo's continued global expansion and accelerate research and development of upcoming products and modules. With a strong focus on enhancing AI vision recognition, expanding intelligent software capabilities, and strengthening user experience through improved customer support, the company is poised to scale rapidly and meet rising international demand.
"We're incredibly proud to receive this level of strategic support from investors who deeply understand the future of smart living and intelligent outdoor automation," said Ken Kohlmann, Co-Founder of Yarbo. "This funding will allow us to push boundaries in product innovation, build a more responsive customer experience, and bring Yarbo to more homes and businesses around the world."
The announcement comes on the heels of several major product breakthroughs, including the launch of the Yarbo Lawn Mower Pro Module, designed for professional-grade lawn care, and the upcoming Yarbo Trimmer Module, which delivers precision edge maintenance with minimal effort. These additions join Yarbo's growing modular ecosystem, which already includes autonomous mowing, snow blowing, and leaf blowing capabilities, all designed for year-round, hands-free yard maintenance.
Yarbo also unveiled its refreshed brand messaging: "Yarbo: Your Big Yard. Your Free Time."
This new slogan captures the company's core promise—to take the work out of yard work so users can enjoy what matters most. Whether maintaining expansive residential lawns or managing large-scale commercial properties, Yarbo empowers users with intelligent, high-performance solutions that save time and simplify life.
As part of its expansion strategy, Yarbo will increase its presence in key global markets, bolster its support infrastructure, and continue recruiting distribution partners in North America, Europe, and beyond.
With this latest funding round, Yarbo is well-positioned to lead the transformation of outdoor robotics. By combining cutting-edge AI, modular hardware, and a customer-first mindset, Yarbo is redefining what it means to care for your yard—effortlessly.
For inquiries, please contact:
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Bybit's Ben Zhou Charts Bold New Course to Rewrite Crypto Success at Mid-Year Keynote
Bybit's Ben Zhou Charts Bold New Course to Rewrite Crypto Success at Mid-Year Keynote

Cision Canada

time28 minutes ago

  • Cision Canada

Bybit's Ben Zhou Charts Bold New Course to Rewrite Crypto Success at Mid-Year Keynote

DUBAI, UAE, Aug. 6, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, has unveiled its bold roadmap for the future of crypto, setting the tone for a new era of innovation, security, and trading excellence. In the highly anticipated " Keynote with Ben: Reshaping What's Next, Bit by Bit," CEO and Co-founder Ben Zhou delivered a forward-looking vision grounded in real-world adoption, institutional-grade innovation, and deep ecosystem alignment. Celebrating over six years of service, 74 million users, and a milestone where 1 in 8 crypto enthusiasts globally have chosen Bybit, CEO and Co-founder Ben Zhou reaffirmed the exchange's mission: Rewrite Your Success. Reshape The Standard. "Crypto is no longer just about speculation — it's about real world application. At Bybit, we're not just trading the future; we're rewriting and reshaping what success looks like, bit by bit," said Zhou. Compliance as a Foundation for the Future Bybit opened the keynote with a reaffirmation of its compliance-first approach — a critical pillar as the industry matures. Now fully compliant with the EU's Markets in Crypto-Assets Regulation (MiCAR) framework and securing FIU-India registration in the first half of 2025, Bybit emphasized compliance not as a barrier but as an enabler. Zhou emphasized that "sustainability in crypto begins with trust and transparency," and positioned compliance not as a constraint, but as a catalyst for long-term growth. Rewriting the Industry Security Standard Bybit has also successfully rewritten the industry standard for security following a sophisticated multi-stage attack on one of its vendors in February — the largest known hack in crypto history. While Bybit's own infrastructure remained uncompromised, the company acted swiftly in response. Within weeks, it completed nine extensive security audits — conducted by both internal and independent experts — and implemented over 50 enhanced safeguards. The response drew industry-wide praise and global recognition for its transparency, resilience, and user-first approach. Today, Bybit's security overhaul is regarded as a new benchmark in platform integrity. Trading Excellence Backed by Infrastructure Upgrades Bybit continues to lead in performance and reliability. Its upgraded matching engine now handles 3.5 million transactions per second, processing nearly 200 billion daily orders — a 75% year-over-year increase in the first half of 2025. By extending its Rapid Price Improvement (RPI) mechanism to perpetual contracts, Bybit has delivered 150% higher liquidity and up to 5x better execution across retail and VIP accounts, firmly establishing itself as the go-to destination for professional trading. Setting a New Height in Crypto Wealth Management As institutional and high-net-worth adoption increases, Bybit is reshaping what wealth preservation means in the digital age. Its newly launched wealth management platform has already surpassed $150 million in AUM, offering curated portfolios and strategic services tailored to sophisticated investors — all underpinned by Bybit's trading depth and robust security infrastructure. Redefining Real-World Utility: Bybit Card and Payments Another highlight was the new edition of the Bybit Card — now positioned as a crypto-native business card that integrates seamlessly into both corporate and consumer spending. With support for Visa and Mastercard networks, smart security features, and real-time expense tracking, the card bridges the gap between digital assets and daily transactions. Bybit Card is expected to expand into the EU region in August, with Peru and Colombia lined up for Q4. Bybit's payments infrastructure has also made major strides. Native support for nationwide QR payments in Southeast Asia and LATAM has driven a 719% quarter-over-quarter increase in usage. With over two million users and cross-sector partnerships with local services like Rappi and Vivaticket, Bybit is moving closer to making crypto as usable as "cash". Introducing Bybit Lite to Earn, Manage, and Trade Zhou unveiled the upgraded Bybit App — a unified platform that streamlines both active trading and passive income generation. Bybit Lite is a new upgraded version for casual users and a reimagined Earn section, offering personalized strategies and simplified ways to activate idle capital. A Key Partner of Mantle 2.0 A major announcement was Bybit's deepened strategic alignment with Mantle This partnership sets the stage for what Zhou called "a bold new chapter in institutional-grade on-chain finance." The launch of Mantle 2.0 comes with renewed leadership and tighter ecosystem integration — including Helen Liu, Co-CEO and Partner of Bybit and Emily Bao, Head of Spot and Web3 at Bybit stepping in as key advisors. Together, Bybit, as one of Mantle's ecosystem partners, will accelerate the development of decentralized finance by aligning infrastructure, liquidity, and governance. The collaboration aims to set new standards for scalability and compliance, while tapping into the growing demand for trust-driven DeFi solutions. Reshaping the Standard With this keynote, Bybit signaled more than just platform growth — it marked a shift in how the industry defines success. Zhou's message was clear: The next era of crypto will be shaped by platforms that offer trust, usability, and true innovation. "We believe crypto should be usable, secure, and powerful enough to serve everyone — from first-time users to institutional investors," Zhou said. "Together with our community, we are rewriting the rules and reshaping the space for good." Watch the full keynote replay here. #Bybit / #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at

Activate Celebrates Milestone 50th Location, Continuing Rapid Global Expansion
Activate Celebrates Milestone 50th Location, Continuing Rapid Global Expansion

Cision Canada

timean hour ago

  • Cision Canada

Activate Celebrates Milestone 50th Location, Continuing Rapid Global Expansion

WINNIPEG, MB, Aug. 6, 2025 /CNW/ -- Activate, the world's first active gaming facility and viral social media sensation, is proud to announce the opening of its 50th location, marking a major milestone in the brand's meteoric rise and continued growth across the globe. "Opening our 50th location is more than just a number–it's a testament to this team's incredible vision to reinvent immersive gaming and our players' passion for Activate," said Adam Schmidt, Co-Founder and CEO of Activate. Since opening its flagship location in Winnipeg in 2017, Activate has rapidly expanded across North America - now operating in 18 states across the U.S. – and internationally, with locations in Dubai, London, and soon France, Germany, Norway, Denmark, Mexico and more. The company currently welcomes more than 3.9 million players globally, with plans to open 200 locations over the next decade. Activate's immersive gameplay, fusing physical activity with cutting-edge technology offering players real-time brain and body challenges in digitally responsive game rooms like the viral Mega Grid., continues to set the brand apart in a crowded leisure market. This modern approach has fueled remarkable growth, earning Activate the top spot on The Globe and Mail's Top Growing Companies 2024 list with an impressive 1,105% growth rate over three years. Its latest opening in Pembroke Pines, Florida further underscores this momentum, following its recent recognition as the #1 Leisure and Entertainment brand on the Financial Times list of The Americas' Fastest Growing Companies 2025, based on a 209% compounded annual growth rate between 2020 and 2023. For more details on Activate's dynamic gaming experience, visit or follow @activategames on Instagram and TikTok. ABOUT ACTIVATE Activate is the world's first active gaming experience where players #EnterTheGame. Activate offers a unique blend of physical activity and gaming that promotes a healthy lifestyle. Each Activate location provides fun and interactive rooms where players can work cooperatively or compete against each other while tracking their achievements. With the global headquarters located in Winnipeg, Canada, Activate has grown to 40 locations across Canada, the U.S., London, UK, and Dubai. To join the active gaming movement, visit Activate and follow us on social media:

North York Harvest Food Bank launches bold capital campaign to fight food insecurity crisis in Toronto
North York Harvest Food Bank launches bold capital campaign to fight food insecurity crisis in Toronto

Cision Canada

time2 hours ago

  • Cision Canada

North York Harvest Food Bank launches bold capital campaign to fight food insecurity crisis in Toronto

TORONTO, Aug. 6, 2025 /CNW/ - With 1 in 10 Torontonians relying on a food bank, North York Harvest Food Bank is launching Crisis to Catalyst, a $6-million capital campaign to build a new 30,000+ square-foot Community Food Hub that will redefine what a food bank can be, and ignite a powerful shift in how we address food insecurity across Ontario. The new facility at 4050 Chesswood Dr. will more than triple the organization's current capacity and become a vibrant hub of food distribution, workforce development, and social enterprise. This isn't just a new food bank, it's a launchpad for a more resilient, equitable, and empowered community. Through this campaign, North York Harvest Food Bank will: Expand food storage and distribution capacity to get more fresh, healthy food to individuals who need it most Strengthen local food programs, including student nutrition initiatives in schools Support community organizations that provide food as part of their programs, from shelters to after-school initiatives Train and empower more people for good jobs through workforce development programs like Leadership in Logistics Grow our social enterprise FoodReach to deliver affordable, high-quality food to more nonprofits across Ontario Rescue and redistribute fresh food, reducing waste and getting fresh food onto tables instead of landfills "The City of Toronto has recognized food insecurity as an emergency, and we want to move beyond the constant crisis to do something about it," Executive Director Ryan Noble says. "We see our new home as a community asset that promotes health, creates well-paying jobs, supports local suppliers, and creates a more equitable economy." The campaign is rooted in principles of community wealth building and sustainability, aiming to integrate food access with job creation, education, and systemic change. With growing demand and the lease at the current warehouse expiring in 2026, the urgency is clear. North York Harvest invites individuals, foundations, and corporate partners to join this movement. Naming opportunities, donor recognition, and community investment packages are now available. Media Event – You're Invited A press conference and community launch celebration will be held at the new site this Friday, August 8, 2025. Media is invited to tour the facility, hear from leadership, government officials, lived-experience speakers, and witness the unveiling of this landmark campaign. About North York Harvest Food Bank North York Harvest Food Bank is one of Toronto's largest food security organizations, providing dignified food assistance, workforce training, and long-term poverty reduction strategies to over 30,000 individuals each month. Our mission is to engage our community in meeting food needs through education, advocacy, and sustainable solutions. SOURCE North York Harvest Food Bank

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store