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Yarbo Secures $27M+ Series B Funding to Accelerate Global Growth, Innovation, and Ecosystem Expansion

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NEW YORK, April 18, 2025 /PRNewswire/ — Yarbo, the world’s first year-round multipurpose intelligent yard robot, has successfully closed its Series B funding round, raising approximately $27M USD. The round was backed by a group of strategic and financial investors, bolstering Yarbo’s vision of reimagining how the world handles outdoor work – one season at a time.

This fresh injection of capital will turbocharge Yarbo’s ability to scale mass production, enhance supply chain resilience, and deepen investment in R&D, fuelling faster product optimisation and iteration. The company also plans to accelerate talent acquisition, strengthen liquidity, and push forward with pre-IPO planning as it sets its sights on global expansion and long-term market leadership.

A Decade of Innovation, One Yard at a Time

Founded in 2015, Yarbo began life as Snowbot: targeting the infamously tough task of snow removal, a long-standing pain point for homeowners. Since then, the company has transformed from a niche robotics brand into a global category leader in outdoor automation, now operating under the Yarbo name.

With its signature “1+N” modular design, Yarbo offers year-round functionality powered by one intelligent core robot and a growing family of interchangeable modules. From snow blowing in winter, to lawn mowing in summer, to leaf blowing in autumn, Yarbo has become a household name for those who’d rather relax in their gardens than maintain them.

In 2022, Yarbo’s crowdfunding campaign raised over $3.45M USD, and by 2024, its own direct-to-consumer full-payment pre-order campaign generated 6,000+ orders. With momentum continuing to build, Yarbo expects 4–5x sales growth in 2025, supported by expansion across North America, Europe, Japan, and Australia.

New Trimmer Module Nears Mass Production

Hot off the back of a successful Spring Sale & Robotic Trimmer Launch livestream in early April – where Yarbo moved 702 total units, including 284 trimmers, and raked in over $850,000 in sales within 2 hours – the new Trimmer Module is fast approaching mass production.

Designed to tackle edges, tight spots, and other areas your mower can’t reach, the Trimmer expands Yarbo’s spring and summer capabilities, perfectly complementing the Lawn Mower and Blower modules.

Yarbo’s modular expansion doesn’t stop there. Future modules are in development to cover tasks such as granular or liquid spraying, moving your garbage bins to the curb, dog waste picking, and even fruit harvesting. All without changing the core robot. The goal? A full-spectrum, “1+N” yard ecosystem that meets every seasonal demand and makes yard work a relic of the past.

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The Future of Yard Work Is Modular

After a well-received showcase at CES 2025, Yarbo continues to build on its latest product innovations, including:

  • “Follow Me” Mode – Let Yarbo visually track and follow you, hands-free.
  • 3,500 lbs pulling capacity – Yes, really. From firewood to garden carts.
  • Quick-swap design – Change tracks, antennas or modules in under 5 minutes.
  • Halow-powered Data Center – Better connectivity, stronger signal, wider coverage.

Whether it’s clearing leaves, trimming lawn edges, or prepping for a summer BBQ, Yarbo is the robotic outdoor companion for every season. The future looks even brighter (and a lot less back-breaking) for yard owners everywhere.

Interested in trying Yarbo for yourself? We’re happy to arrange media test units, product demos, and interviews to showcase just how easy spring yard work can be. Yarbo is actively recruiting distributors in both North America and Europe. For those interested, please email [email protected] or visit www.yarbo.com/become-a-dealer.

For more information on Yarbo, please visit www.yarbo.com.

About Yarbo

Yarbo is the world’s first multi-purpose yard robot, designed to meet over 20 kinds of yard care demands such as snow blowing, lawn mowing, leaf blowing and more. The fully autonomous robot’s core features include all-season yard maintenance, a modular design, data connectivity capabilities, wireless charging, smart route planning, app control and remote control and next-generation smart obstacle avoidance with patented precise positioning and navigation technology. This together provides yard enthusiasts with versatile and easy-to-use options for a stress-free, hands-free yard care experience. Established in 2015, Yarbo’s mission is to create value and make a difference in people’s lives through being the world’s leading intelligent outdoor equipment provider.

For inquiries, please contact:

Kathy Zhang
[email protected]

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Forbes Recognizes DXC’s Consulting Excellence in 2025 World’s Best Management Consulting Firms Ranking

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ASHBURN, Va., May 16, 2025 /CNW/ – DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has been named to the prestigious Forbes World’s Best Management Consulting Firms 2025 list for the third year in a row. Out of 955,000 consulting firms in the U.S., fewer than 0.02% made the ranking, which is based on a rigorous survey of 2,350 clients and peers across 33 categories.

“This recognition highlights DXC’s deep industry expertise and unwavering commitment to driving business transformation through consulting and engineering,” said Howard Boville, President, Consulting & Engineering Services – Powered by AI. “As enterprises accelerate their digital evolution in the era of AI, we continue to deliver intelligent, scalable and secure solutions that help our clients innovate, optimize and gain competitive advantages industries.”

The consulting sector remains one of the most dynamic and rapidly expanding areas within professional services. A recent analysis by the Business Research Company projects that the global management consulting market will exceed $1.07 trillion in 2025, growing from $1.02 trillion in 2024. By 2029, the market is expected to reach approximately $1.33 trillion. To help businesses navigate this vast industry and identify top consulting partners, Forbes and Statista have collaborated to create a definitive ranking of the world’s leading management consulting firms.

DXC earned recognitions in the following categories: Automotive, Digital Transformation, IT, Technology, Telecommunications, and IT Strategy & Implementation. With a global team of 50,000+ highly skilled engineers and consultants, DXC is driving innovation across industries like financial services; healthcare and life sciences; public sector; aerospace and defense; automotive and manufacturing, and more. From improving fraud detection in banking to enhancing safety in autonomous driving, we’re helping clients transform their operations and unlock the potential of AI. The complete list of honorees can be viewed on the Forbes website.

For more information on DXC Consulting and Engineering Services – Powered by AI, visit https://dxc.com/us/en/offerings/analytics-and-engineering 

Forward Looking Statements

All statements in this press release that do not directly and exclusively relate to historical facts constitute “forward-looking statements.” These statements represent current expectations and beliefs, and no assurance can be given that any result, goal or plan set forth in any forward-looking statement can or will be achieved. Such statements are subject to numerous assumptions, risks, uncertainties and other factors that could cause actual results to differ materially from those described in such statements, many of which are outside of our control. For a written description of these factors, see the section titled “Risk Factors” in DXC’s Annual Report on Form 10-K for the fiscal year ended March 31, 2024, and any updating information in subsequent SEC filings. Readers are cautioned not to place undue reliance on such statements which speak only as of the date they are made. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this document or to reflect the occurrence of unanticipated events, except as required by law.

About DXC Technology

DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world’s largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at DXC.com.

Angelena Abate, Media Relations, [email protected]; Roger Sachs, CFA, Investor Relations, +1-201 259-0801, [email protected]

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Axonify Uncovers the Training Disconnect Facing Gen Z Frontline Workers

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New data shows personalized, mobile-first learning is essential to retaining and engaging the newest generation of frontline workers

WATERLOO, ON, May 16, 2025 /PRNewswire/ — Generation Z (Gen Z) is reshaping the workforce—and setting new expectations for how training should support their success. According to Axonify’s latest report, Polling the frontline: Gen Z’s training and skills gaps, more than three-quarters (77%) of frontline Gen Z workers have faced situations where insufficient job-specific skills and training hindered their ability to complete tasks effectively. In these moments, nearly two-thirds (62%) reported feeling overwhelmed and anxious, over half (55%) experienced embarrassment and 14% even considered quitting their jobs. This new data from Axonify, a global leader in frontline training and performance, reveals the urgent need for employers to rethink how they train and support the newest generation of frontline talent.

The report surveyed 500 U.S. Gen Z frontline workers to understand what’s working—and where training is falling flat. For many, training begins and ends at onboarding. One in three received training only when they started their role, while 37% say they don’t have enough time to learn on the job. Others describe the training they did receive as disengaging or irrelevant, with 34% reporting that the content lacked interest or practical value. These gaps have real consequences: 67% of Gen Z workers say more consistent training would help reduce burnout, and 81% believe they would stay longer in their jobs if they had better ongoing support.

For Gen Z frontline workers, it’s not just about how much training they get—it’s about how relevant and applicable it is. Many say the content they receive isn’t personalized, doesn’t reflect their day-to-day challenges or fails to build confidence. In fact, 24% of respondents said they didn’t feel more confident after completing training, highlighting deeper issues with how knowledge is being delivered and reinforced.

“These findings underscore the critical need for employers to rethink their training strategies to better support Gen Z workers,” said Dave Carter, Chief Revenue Officer at Axonify. “By providing personalized, engaging and accessible training programs, organizations can not only bridge existing skills gaps but also enhance employee confidence, productivity and retention. It’s clear that adapting to the preferences of this new generation is essential for building a resilient and effective frontline workforce.”

Gen Z workers aren’t resistant to training—they’re asking for more of it, delivered with purpose, relevance and flexibility. Half of the respondents (50%) want personalized training tailored to their roles and career goals. Meanwhile, 35% prefer short video modules that are quick and easy to understand and another 35% want the option to learn on mobile devices. The shift toward more personalized, continuous learning is reshaping how frontline organizations approach training and development—and Gen Z is shining a spotlight on what they need to succeed. When training reflects these real-life situations, workers report greater confidence (90%), productivity (82%) and job satisfaction (81%)—all of which drive better outcomes for employers.

“This generation is digitally native and eager for work,” said Carter. “When training is personalized, practical and accessible, it enables Gen Z to grow with your organization instead of out of it.”

Learn more about the state of Gen Z frontline training in full – Polling the frontline: Gen Z’s training and skills gaps

Survey methodology: Axonify surveyed 500 retail, hospitality and food and beverage frontline workers within Generation Z (age 18- 28) in the U.S. using the online insights platform Pollfish. This survey was completed in April 2025.

About Axonify
Axonify is the #1 frontline-forward training and performance platform used by companies like Walmart, Kroger and Foot Locker. Over 4M users in 160+ countries use Axonify to onboard and train in five minutes a day. With personalized, AI-powered microlearning, custom training content, embedded communication, task management and more, Axonify is revolutionizing the way frontline workers learn, connect and get things done. Axonify is headquartered in Waterloo, Ontario, Canada. For more information, visit axonify.com.

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Niveen Saleh
PR and Communications Manager
[email protected]

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NYSE Content Advisory: Pre-Market update + NYSE celebrates 233 years forward

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NEW YORK, May 16, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

Kristen Scholer delivers the pre-market update on May 16th

  • U.S. equities trend higher, with the S&P 500 extending its win streak and closing just 3.7% below its record high, driven by easing trade tensions with China and softer-than-expected inflation data.
  • The Producer Price Index unexpectedly fell in April, and retail sales saw only a slight increase, both contributing to positive market sentiment this week.
  • As the NYSE celebrates its 233rd anniversary, it highlights major milestones including the launch of NYSE Texas and the trading innovations to allow efficient processing of historic message volume across its markets.

Opening Bell
The New York Stock Exchange welcomes ALS United to the podium to recognize ALS Awareness Month.

Closing Bell
The Asian American and Pacific Islander community celebrates AAPI Heritage Month at the NYSE’s 3rd Annual AAPI Bell Celebration.

Download the NYSE TV App and Subscribe Here 

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