September 2023 robotics funding totaled $1.84 billion, the results of 50 investments. Whole funding for the months of January 2023 by September 2023 equals roughly $10.7 billion.
Robotics funding for the month of September 2023 totaled $1.84 billion, the consequence of fifty investments (See Desk 1 under or obtain Desk 1 HERE). Whole funding for the months of January 2023 by September 2023 equals roughly $10.7 billion.
Desk 1: September 2023 Robotics Funding and Funding
| Firm Title | Quantity | Kind | Nation | Tech-Prod-Providers | Description | |
|---|---|---|---|---|---|---|
| AeroVironment | $109,007,119 | Different | USA | Drones | AeroVironment focuses on unmanned plane methods and electrical car charging options. | |
| Agora Robotics | Estimate | Pre-Seed | Romania | Indoor Cell Robots | Agora Robotics gives simple to make use of, autonomous cellular robots. | |
| AIS Discipline | Estimate | Seed | Turkey | Unmanned Underwater Autos, Different Industrial Techniques | AIS Discipline gives a variety of robotic inspection and upkeep companies for the oil and fuel, vitality and energy era industries.. | |
| Anqing Know-how | Estimate | Different | China | Software program | Anqing Know-how is a supplier of UAV site visitors administration companies and gear, in addition to protected autonomous flight know-how. | |
| Ascento | $4,300,000 | Pre-Seed | Switzerland | Out of doors Cell Robots | Ascento produces a compact and agile leaping robotic designed for blended environments. | |
| Aurrigo Worldwide | $901,000 | Different | United Kingdom | Indoor Cell Robots, Out of doors Cell Robots, Autonomous Transportation Techniques | Aurrigo develops autonomous autos for airport baggage/cargo dealing with, safety/patrol and passenger actions. | |
| AutoCore | Estimate | Sequence B | China | Software program | AutoCore is a supplier of clever mobility software program, automotive electrical, and digital structure options. | |
| Benmo Know-how (Direct Drive Tech) | Estimate | Sequence A | China | Actuators / Motors / Servos | Benmo Know-how presents direct-drive energy options to suppliers of robotics methods, train gear, and different merchandise. | |
| Blue Ocean Robotic | $13,704,262 | Sequence C | China | Indoor Cell Robots, Autonomous Forklifts | Blue Ocean Robotic is a supplier of autonomus cellular robots and administration methods. | |
| Boxbot | $12,000,000 | Sequence A | USA | Automated Storage & Retrieval Techniques | Boxbot gives storage and retrieval system that adapts to various cubic dimensions. | |
| Calyo | $1,634,079 | Different | Metropolis of | Sensors/Sensing Techniques | Calyo is growing 3-D ultrasound sensor know-how to be used in extremely automated autos and platforms. | |
| Cambrian Intelligence | $2,999,998 | Different | United Kingdom | Sensors/Sensing Techniques, Video/Imaginative and prescient/Imaging | Cambrian Intelligence presents visioning know-how for robotics methods. | |
| Changguangxi Clever Manufacturing | $13,705,013 | Sequence A | China | Collaborative Robots, Articulated Robots | Changguangxi Clever Manufacturing focuses on the design and manufacturing of robots, clever movement applied sciences, and different objects. | |
| CMR Surgical | $163,948,774 | Sequence D | United Kingdom | Surgical/Interventional Techniques | CMR Surgical develops a surgical robotic system for minimal entry surgical procedure. | |
| Deveron UAS | $1,486,712 | Different | Canada | Operator Providers – Drones, Knowledge Acquisition/Processing/Administration | Deveron UAS is a one-stop full-service UAS firm that makes use of information produced by imagery and software program analytics. | |
| Diamon Robotics (Daimeng Robotic) | Estimate | Different | China | Humanoids/Bipeds | Daimeng Robotic is making a sequence of general-purpose humanoid robots. | |
| Dilberg (DareRobot) | Estimate | Different | China | Articulated Robots | Dilberg (DareRobot) gives robotics methods for heavy industrial manufacturing operations. | |
| Diligent Robotics | $25,000,000 | Different | USA | Humanoids/Bipeds | Diligent Robotics develops humanoid robotic assistants for work within the heathcare sector. | |
| Driveblocks | $2,355,586 | Seed | Germany | Software program | Driveblocks presents a mapless autonomy platform that allows heavy obligation autos to detect objects and understand their sourrounding with out counting on high-definition maps. | |
| Eyebot | $1,000,000 | Pre-Seed | USA | Different Industrial Techniques | Eyebot is growing speedy imaginative and prescient examination applied sciences for eyeglass. | |
| FERNRIDE | $19,000,000 | Sequence A | Germany | Autonomous Transportation Techniques | FERNRIDE gives autonomous, electrical trucking options. | |
| Flygildi ehf | $2,200,000 | Seed | Iceland | Drones | Silent Flyer presents a flapping-wing bird-like drone with wings that may morph their form throughout flight and fold into the physique. | |
| GL INS | Estimate | Seed | South Korea | Articulated Robots, Collaborative Robots | GL INS is an organization specializing within the growth of commercial robots, industrial modules and automation services. | |
| Gugong Robotic | Estimate | Different | China | Indoor Cell Robots, Exoskeletons | Gongong Robotic is a producer of robotics options for the development sector. | |
| Hong Jing Drive | $13,755,536 | Sequence B | China | Microcontrollers/Microprocessors/SoC, Software program, Sensors/Sensing Techniques | Hong Jing Drive gives a computing platform for autonomous driving autos. | |
| insideFPV | $422,289 | Seed | India | Drones | insideFPV gives custom-made able to fly First Individual View (FPV) drones. | |
| Kodiak Robotics | $75,000,000 | Different | USA | Software program, Sensors/Sensing Techniques | Kodiak Robotics develops autonomous know-how for long-haul trucking. | |
| Loop Know-how | Estimate | Seed | United Kingdom | Consulting/Engineering, Articulated Robots, Sensors/Sensing Techniques | Loop Know-how gives industrial automation services and products. | |
| Miso Robotics | $551,384 | Different | USA | Articulated Robots, Sensors/Sensing Techniques | Miso Robotics gives robotics and clever automation options to the industrial meals service trade. | |
| Monumental Labs | Estimate | Seed | USA | Articulated Robots, Sensors/Sensing Techniques, Software program | Monumental Labs is constructing AI-enabled robotic stone carving factories. | |
| Mujin | $85,000,000 | Sequence C | Japan | Articulated Robots, Controllers, Sensors/Sensing Techniques | Mujin presents automation options and industrial robots to for manufacturing unit and logistics operations. | |
| NakAI Robotics | Estimate | Seed | Israel | Unmanned Underwater Autos | NakAI Robotics presents an underwater robotic that cleans ships’ hulls whereas the vessel is in movement. | |
| Nauticus Robotics | $20,000,000 | Different | USA | Unmanned Underwater Autos, Consulting/Engineering | Nauticus Robotics gives unmaned underwater autos and engineering companies. | |
| OnSight | Estimate | Seed | USA | Out of doors Cell Robots | OnSight produces an autonomous and teleoperated unmanned floor car (UGV) that detects, experiences, and observes points and anomalies on photo voltaic farms. | |
| Perceptual Robotics | Estimate | Different | Metropolis of | Drones, Operator Providers – Drones, Knowledge Acquisition/Processing/Administration | Perceptual Robotics gives clever automation options primarily based on unmanned aerial methods for wind turbine and different infrastructure inspection. | |
| Puncture Robotic | $13,618,412 | Sequence A | China | Surgical/Interventional Techniques | Puncture Robotic develops venipuncture robots that assist in conducting blood assortment with out human intervention. | |
| Q-Bot | $4,371,366 | Different | United Kingdom | Indoor Cell Robots | Q-Bot produces cellular robots that spray insulation beneath flooring. | |
| REEV | $3,190,508 | Seed | France | Prosthetic/Orthotic Techniques, Rehabilitation/Therapeutic Techniques, Exoskeletons | REEV provdes light-weight and clever wearable robotic orthoses offering knee help whereas strolling, sitting, standing and climbing stairs. | |
| Robocon | $11,000,000 | Different | South Korea | Articulated Robots | Robocon is a developer of robotics and automation gear designed for the manufacturing of rebar for the development and metal industries. | |
| Protect AI | $150,000,000 | Different | USA | Drones, Software program | Protect AI presents an AI pilot for plane and autonomus aerial autos. | |
| silana | Estimate | Seed | Austria | Articulated Robots, Video/Imaginative and prescient/Imaging | silana is growing robotics and different applied sciences that automate handbook stitching processes. | |
| Sojo Industries | $2,800,000 | Seed | USA | Articulated Robots, System Integration/Programming | Sojo Industries develops robotic meeting and packaging options for the meals and beverage industries. | |
| Sq. Robotic | $5,000,000 | Different | USA | Unmanned Underwater Autos | Sq. Robotic builds robotic methods for submerged oil and fuel inspections in above floor storage tanks. | |
| Stack AV | $1,000,000,000 | Different | USA | Software program, Sensors/Sensing Techniques, Microcontrollers/Microprocessors/SoC | Stack AV develops superior autonomous methods applied sciences for the trucking trade. | |
| Tethys Robotics | $164,445 | Different | Switzerland | Unmanned Underwater Autos | Tethys Robotics develops underwater drones that allow underwater search & restoration to inspection & surveillance. | |
| Treeswift | $10,811,986 | Different | USA | Drones, Knowledge Acquisition/Processing/Administration | Treeswift makes use of robotics and machine studying for forestry functions. | |
| UnitX | Estimate | Different | USA | Sensors/Sensing Techniques, Video/Imaginative and prescient/Imaging, Software program | UnitX gives AI-powered machine imaginative and prescient options for the manufacturing trade. | |
| Digital Incision | $30,000,000 | Sequence C | USA | Surgical/Interventional Techniques | Digital Incision develops a miniaturized surgical robotic help system for colon resection. | |
| Waste Robotics | $7,308,199 | Different | Canada | Video/Imaginative and prescient/Imaging, Sensors/Sensing Techniques, Arms/Manipulators | Waste Robotics designs and delivers clever robots to be used in recycling centres. | |
| Zhuji Dynamics | $120,000 | Pre-Seed | China | Quadrupeds, Humanoids/Bipeds | Zhuji Dynamics presents leggd robotics methods. |
Firms situated within the USA, China and Israel acquired essentially the most rounds and essentially the most funding quantities, dwarfing different international locations (Determine 1, under). Firms primarily based within the USA acquired the vast majority of the rounds (23), which resulted in a complete funding influx of $537 million. Corporations primarily based in China attracted $141 million in funding (coming from 17 investments), whereas 4 investments in Israeli corporations accounted for $94M in funding.
The kinds of companies and their choices various extensively among the many funded corporations. As regular, corporations providing robotic surgical methods and enabling applied sciences attracted sizable rounds. CMR Surgical ($164 million) and Digital Incision ($30 million) function examples.
Additionally in keeping with 2023 funding developments, suppliers of self-driving software program and {hardware} options for autonomous transportation, additionally acquired substantial funding. Stack AV ($1 billion), Kodiak Robotics ($75 million), FERNRIDE ($19 million) and AutoCore ($10 million), exemplify.
Firms providing unmanned aerial autos (drones), normally coupled with drone enabled information and analytics companies, proceed to obtain sizable funding rounds. These suppliers usually deal with surveying and inspection functions for his or her choices, with development, agriculture, utilities and vitality sectors because the goal markets. Suppliers providing options to the protection and safety sectors additionally attracted funding. Examples embrace AeroVironment ($109M), Treeswift ($11M), Protect AI ($150M), and Perceptual Robotics ($3M).
Determine 1: September 2023 Robotics Funding by Nation
For each the entire variety of investments and the entire quantity of funding, most funding fell beneath the aegis of ‘Different’, a catchall descriptor for investments that don’t embrace the everyday levels of funding that companies undergo earlier than their preliminary public providing (ex. Seed rounds adopted by Sequence A, B, C, D and E funding). A single Sequence D spherical (CMR Surgical, $164M) accounted for roughly 9% of Septembers 2023’s funding totals.
Determine 2: September 2023 Robotics Funding Quantities by Funding Kind
Determine 3: September 2023 Robotics Funding Quantities by Funding Quantity and Quantities
Editor’s word: What defines robotics investments? The reply to this straightforward query is central in any try and quantify them with some extent of rigor. To make funding analyses constant, repeatable, and precious, it’s crucial to wring out as a lot subjectivity as attainable in the course of the analysis course of. This begins with a definition of phrases and an outline of assumptions.
Traders and Investing
Funding ought to come from enterprise capital corporations, company funding teams, angel traders, and different sources. Pals-and-family investments, authorities/non-governmental company grants, and crowd-sourced funding are excluded.
Robotics and Clever Techniques Firms
Robotics corporations 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 help autonomous driving) and drones are thought-about robots, whereas 3D printers, CNC methods, and numerous kinds of “onerous” automation are usually not.
Firms which might be “robotic” in identify solely, or use the time period “robotic” to explain services and products that don’t allow or help 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 numerous international locations. Firm places given within the evaluation are primarily based on the publicly listed headquarters in authorized paperwork, press releases, and so forth.
Verification
Funding info is collected from a variety of private and non-private sources. These embrace press releases from firms 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, traders, and others. Unverifiable investments are excluded and estimates are made the place funding quantities are usually not supplied or are unclear.