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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 beneath or a PDF model right here. Robotics investments reached about $12.9 billion for 2023.
In December 2023, makers of autonomous cell robots for indoor purposes corresponding to e-commerce success have been effectively represented. Examples embrace GreyOrange ($135M), Cyngn ($5M), Instock ($3.2M) and SWARM Robotics.
Firms producing cell methods for outside use additionally obtained sizable rounds. For instance, Mu Qin Zhi Neng ($5M), Oak Heron Know-how ($2.5M), and Greenfield ($2M) all produce methods 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 Know-how | 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 Know-how (King Younger Tech) | 14,126,608 | Sequence A | China | Imaginative and prescient & Imaging | |
Kusa Know-how | Estimate | Seed | China | Autonomous Automobiles | |
Langhe Medical | 13,933,398 | Sequence C | China | Surgical & Laboratory Robots | |
Linebird | 535,000 | Different | U.S. | Knowledge Acquisition | |
Mu Qin Zhi Neng | Estimate | Different | China | Outside Cell Robots | |
Oak Heron Know-how | 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 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 Cell Robots | |
YardDrone | 800,000 | Pre-Seed | India | Drones, Software program | |
Zhi’an New Power | 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 obtained 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 obtained 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 obtained important rounds.
All funding sorts have been effectively represented in December 2023 (Determine 3, beneath). 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.
Whole robotics funding for 2023 equals roughly $12.9 billion (Determine 1, beneath). The common 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 word
What defines robotics investments? The reply to this straightforward query is central in any try to quantify them with some extent of rigor. To make funding analyses constant, repeatable, and beneficial, it’s crucial to wring out as a lot subjectivity as attainable 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 corporations, company funding teams, angel buyers, 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 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 providers supporting robotics units. For this evaluation, autonomous autos (together with applied sciences that assist autonomous driving) and drones are thought of robots, whereas 3D printers, CNC methods, and varied varieties of “arduous” automation usually are not.
Firms which are “robotic” in title solely, or use the time period “robotic” to explain services that don’t allow or assist units 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 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 companies and funding teams, company briefings, market analysis corporations, and affiliation and trade publications. As well as, data 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 usually are not offered or are unclear.