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Robotics firms raised $749 million in December 2023 because of 41 investments. You possibly can see every funding within the desk under or a PDF model right here. Robotics investments reached about $12.9 billion for 2023.
In December 2023, makers of autonomous cellular robots for indoor functions resembling e-commerce success had been nicely represented. Examples embody GreyOrange ($135M), Cyngn ($5M), Instock ($3.2M) and SWARM Robotics.
Corporations producing cellular programs for outside use additionally acquired sizable rounds. For instance, Mu Qin Zhi Neng ($5M), Oak Heron Know-how ($2.5M), and Greenfield ($2M) all produce programs for agricultural operations, whereas Gecko Robotics ($100M) supplies robots for industrial inspection.
Robotics Investments – December 2023
Firm | Quantity ($M) | Spherical | Nation | Tech-Prod-Providers | |
---|---|---|---|---|---|
4AG Robotics | Estimate | Different | Canada | Linear Robots, Gantry Robots | |
Agtonomy | 22,500,000 | Collection A | U.S. | Sensors, Software program | |
B-Robotics | 2,320,135 | Different | South Korea | Indoor Cellular Robots | |
basecamp vascular | 6,529,588 | Collection A | France | Surgical Robotics | |
Boonray Know-how | 14,012,471 | Collection B | China | Sensors, Software program | |
BotBuilt | 12,400,000 | Seed | U.S. | Engineering Providers | |
Clodot | 8,458,223 | Different | South Korea | Social Robots | |
CYNGN | 5,000,000 | Different | U.S. | Indoor Cellular Robots | |
Drone Geofencing | 1,517,253 | Seed | France | Software program | |
FlightWin | 14,140,111 | Collection B | China | Drones, Software program | |
Fontan Robotic | Estimate | Seed | China | Different Industrial | |
Gecko Robotics | 100,000,000 | Collection C | U.S. | Outside Cellular Robots | |
German Bionic | 16,148,045 | Collection A | Germany | Exoskeletons | |
GREENFIELD | Estimate | Different | U.S. | Outside Cellular Robots | |
GreyOrange | 135,000,000 | Collection D | U.S. | Indoor Cellular Robots | |
Instock | 3,200,000 | Seed | U.S. | Indoor Cellular Robots | |
Invert Robotics | 2,697,450 | Different | Netherlands | Outside Cellular Robots | |
Nanjing Jingyao Clever Know-how (King Younger Tech) | 14,126,608 | Collection A | China | Imaginative and prescient & Imaging | |
Kusa Know-how | Estimate | Seed | China | Autonomous Autos | |
Langhe Medical | 13,933,398 | Collection C | China | Surgical & Laboratory Robots | |
Linebird | 535,000 | Different | U.S. | Knowledge Acquisition | |
Mu Qin Zhi Neng | Estimate | Different | China | Outside Cellular Robots | |
Oak Heron Know-how | Estimate | Different | China | Outside Cellular Robots | |
OPiO | 900,000 | Seed | U.S. | Laboratory / Cleanroom | |
Oversonic Robotics | Estimate | Different | Italy | Humanoids | |
PaintJet | 10,000,000 | Collection A | U.S. | Gantry Robots, Linear Robots | |
Phlux Applied sciences | 75,000 | Seed | U.S. | Sensors | |
Qiaotian Clever | Estimate | Collection A | China | Finish Effectors | |
Rightbot | 6,250,000 | Seed | U.S. | Articulated Robots, Sensors | |
Scewo | 10,777,743 | Collection A | Switzerland | Way of life Enhancement | |
Sea Machines | 14,100,000 | Different | U.S. | Sensors, Controlleres | |
Seasony | 1,614,804 | Seed | Denmark | Indoor Cellular Robots, Linear Robots | |
Senta Robotic Know-how | Estimate | Different | China | Articulated Robots | |
Sentante | 6,569,762 | Seed | Lithuania | Surgical Robotics | |
Protect AI | 200,000,000 | Different | U.S. | Software program | |
SKYCORP Applied sciences | 328,343 | Pre-Seed | Estonia | Drones | |
Skyline Robotics | 6,450,000 | Seed | Israel | Articulated Robots | |
SWARM Robotics | Estimate | Pre-Seed | Saudi Arabia | Indoor Cellular Robots | |
YardDrone | 800,000 | Pre-Seed | India | Drones, Software program | |
Zhi’an New Power | 13,941,945 | Collection A | China | Energy Provides | |
Zhiyuan Robotics | 84,781,687 | Collection A | China | Humanoids |
As seen in Determine 2, U.S. firms acquired the best variety of rounds (14) and the best funding quantity ($512M). This determine was fueled by important outlays for Protect AI ($200M), a developer of an autonomy stack for plane operations, and Gecko Robotics ($100M). Chinese language corporations additionally acquired substantial funding ($170M, 12 firms), of which $85M went to Zhiyuan Robotics, a Shanghai-based developer of humanoid robots. Corporations in Germany ($16M), Korea ($11M), and Switzerland ($11M), additionally acquired important rounds.
All funding sorts had been nicely represented in December 2023 (Determine 3, under). For each the whole variety of investments and the general quantity of funding, most rounds and funding quantities fell into the ‘Different’ class, adopted by Collection A funding rounds.
Whole robotics funding for 2023 equals roughly $12.9 billion (Determine 1, under). The common month-to-month robotics funding over that interval equals about $1.07 billion. Funding in November 2023 was $418 million. You possibly can learn all The Robotic Report‘s funding protection right here.
Editor’s word
What defines robotics investments? The reply to this easy query is central in any try and quantify them with a point of rigor. To make funding analyses constant, repeatable, and invaluable, it’s vital to wring out as a lot subjectivity as doable throughout the analysis course of. This begins with a definition of phrases and an outline of assumptions.
Buyers and investing
Funding ought to come from enterprise capital corporations, company funding teams, angel buyers, and different sources. Pals-and-family investments, authorities/non-governmental company grants, and crowd-sourced funding are excluded.
Robotics firms
Robotics firms should generate or anticipate to generate income from the manufacturing of robotics merchandise (that sense, analyze, and act within the bodily world), {hardware} or software program subsystems and enabling applied sciences for robots, or companies supporting robotics gadgets. For this evaluation, autonomous autos (together with applied sciences that assist autonomous driving) and drones are thought of robots, whereas 3D printers, CNC programs, and numerous sorts of “onerous” automation will not be.
Corporations which are “robotic” in title solely, or use the time period “robotic” to explain services and products that don’t allow or assist gadgets performing within the bodily world, are excluded. For instance, this contains “software program robots” and robotic course of automation. Many corporations have a number of places in several international locations. Firm places given within the evaluation are primarily based on the publicly listed headquarters in authorized paperwork, press releases, and many others.
Verification
Funding info is collected from a number of private and non-private sources. These embody press releases from companies and funding teams, company briefings, market analysis corporations, and affiliation and trade publications. As well as, info comes from periods at conferences and seminars, in addition to throughout personal interviews with trade representatives, buyers, and others. Unverifiable investments are excluded and estimates are made the place funding quantities will not be supplied or are unclear.