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Robotics investments prime $749M in December 2023


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Robotics firms raised $749 million in December 2023 on account of 41 investments. You may 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 purposes corresponding to e-commerce achievement had been effectively represented. Examples embrace GreyOrange ($135M), Cyngn ($5M), Instock ($3.2M) and SWARM Robotics.

Firms producing cellular techniques for outside use additionally acquired sizable rounds. For instance, Mu Qin Zhi Neng ($5M), Oak Heron Expertise ($2.5M), and Greenfield ($2M) all produce techniques 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 Sequence A U.S. Sensors, Software program
B-Robotics 2,320,135 Different South Korea Indoor Cell Robots
basecamp vascular 6,529,588 Sequence A France Surgical Robotics
Boonray Expertise 14,012,471 Sequence 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 Cell Robots
Drone Geofencing 1,517,253 Seed France Software program
FlightWin 14,140,111 Sequence B China Drones, Software program
Fontan Robotic Estimate Seed China Different Industrial
Gecko Robotics 100,000,000 Sequence C U.S. Outside Cell Robots
German Bionic 16,148,045 Sequence A Germany Exoskeletons
GREENFIELD Estimate Different U.S. Outside Cell Robots
GreyOrange 135,000,000 Sequence D U.S. Indoor Cell Robots
Instock 3,200,000 Seed U.S. Indoor Cell Robots
Invert Robotics 2,697,450 Different Netherlands Outside Cell Robots
Nanjing Jingyao Clever Expertise (King Younger Tech) 14,126,608 Sequence A China Imaginative and prescient & Imaging
Kusa Expertise Estimate Seed China Autonomous Autos
Langhe Medical 13,933,398 Sequence C China Surgical & Laboratory Robots
Linebird 535,000 Different U.S. Information Acquisition
Mu Qin Zhi Neng Estimate Different China Outside Cell Robots
Oak Heron Expertise Estimate Different China Outside Cell Robots
OPiO 900,000 Seed U.S. Laboratory / Cleanroom
Oversonic Robotics Estimate Different Italy Humanoids
PaintJet 10,000,000 Sequence A U.S. Gantry Robots, Linear Robots
Phlux Applied sciences 75,000 Seed U.S. Sensors
Qiaotian Clever Estimate Sequence A China Finish Effectors
Rightbot 6,250,000 Seed U.S. Articulated Robots, Sensors
Scewo 10,777,743 Sequence A Switzerland Way of life Enhancement
Sea Machines 14,100,000 Different U.S. Sensors, Controlleres
Seasony 1,614,804 Seed Denmark Indoor Cell Robots, Linear Robots
Senta Robotic Expertise 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 Cell Robots
YardDrone 800,000 Pre-Seed India Drones, Software program
Zhi’an New Vitality 13,941,945 Sequence A China Energy Provides
Zhiyuan Robotics 84,781,687 Sequence 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 companies additionally acquired substantial funding ($170M, 12 firms), of which $85M went to Zhiyuan Robotics, a Shanghai-based developer of humanoid robots. Firms in Germany ($16M), Korea ($11M), and Switzerland ($11M), additionally acquired important rounds.

Determine 2: December 2023 Robotics Funding by Nation

All funding varieties had been effectively 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 Sequence A funding rounds.

Determine 3: December 2023 Robotics Funding by Funding Sort and Quantities

Complete robotics funding for 2023 equals roughly $12.9 billion (Determine 1, under). The typical month-to-month robotics funding over that interval equals about $1.07 billion. Funding in November 2023 was $418 million. You may learn all The Robotic Report‘s funding protection right here.

Determine 1: Month-to-month Robotics Funding for 2023

Editor’s be aware
What defines robotics investments? The reply to this easy query is central in any try to quantify them with a point of rigor. To make funding analyses constant, repeatable, and helpful, it’s important to wring out as a lot subjectivity as potential through 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 companies, company funding teams, angel traders, and different sources. Associates-and-family investments, authorities/non-governmental company grants, and crowd-sourced funding are excluded.

Robotics firms
Robotics firms should generate or count on 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 providers supporting robotics gadgets. For this evaluation, autonomous autos (together with applied sciences that help autonomous driving) and drones are thought of robots, whereas 3D printers, CNC techniques, and numerous kinds of “laborious” automation should not.

Firms which are “robotic” in title solely, or use the time period “robotic” to explain services that don’t allow or help gadgets performing within the bodily world, are excluded. For instance, this consists of “software program robots” and robotic course of automation. Many companies have a number of areas in several international locations. Firm areas given within the evaluation are based mostly on the publicly listed headquarters in authorized paperwork, press releases, and so forth.

Verification
Funding data is collected from a number of private and non-private sources. These embrace press releases from firms and funding teams, company briefings, market analysis companies, and affiliation and trade publications. As well as, data comes from periods at conferences and seminars, in addition to throughout non-public interviews with trade representatives, traders, and others. Unverifiable investments are excluded and estimates are made the place funding quantities should not supplied or are unclear.

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