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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.
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.
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.
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.