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Robotics funding for July 2023 reached $1.9 billion, coming from 48 funding rounds. As of the tip of July, complete 2023 funding involves roughly $8 billion.
July 2023 robotics funding equaled $1.96 billion, the results of 48 investments (See Desk 1 beneath or obtain Desk 1 HERE). Whole 2023 funding for the months of January by way of July involves roughly $8 billion.
Desk 1: July 2023 Robotics Funding and Funding
Firm NameAmountTypeCountry Tech-Prod-ServicesDescription
Asensus Surgical$10,000,000OtherUSASurgical / Interventional SystemsAsensus Surgical affords an built-in digital surgical procedure answer which incorporates the surgical robotic platform Luna.
Astrobotic Expertise$34,600,000OtherUSAOutdoor Cellular Platforms, Different Schooling / ResearchAstrobotic Expertise produces area robotics programs..
Aurora$820,000,000OtherUSASensors / Sensing Programs, Software program, Video / Imaginative and prescient / ImagingAurora produces self-driving know-how for a number of car varieties, from freight-hauling vans to ride-hailing passenger ones.
AventurierEstimateOtherChinaIndoor Cellular PlatformsAventurier gives business cleansing robots.
Bedrock Ocean Exploration$25,500,000Series AUSAUnmanned Underwater Autos, Operator Providers, Data Acquisition / Processing / ManagementBedrock Ocean Exploration gives seafloor information providers utilizing transportable, autonomous underwater automobiles.
Beixin GoodEstimateOtherChinaIndoor Cellular PlatformsBeixin Good affords cellular robotics programs and different applied sciences for industrial purposes.
BOTINKIT$13,000,000Series AChinaOther CommercialBOTINKIT is creating the primary robot-based digital meals ecosystem on the planet.
CloudMinds$137,927,229Series CChinaSoftware, Humanoids / Bipeds, Indoor Cellular PlatformsCloudMinds develops an end-to-end ecosystem to assist cloud linked robots and sensible machines.
Collaborative Robotics$30,000,000Series AUSAIndoor Cellular Platforms, Out of doors Cellular PlatformsCollaborative Robotics is constructing a versatile mobility platform designed to resolve all kinds of indoor and out of doors duties.
Cyber Surgical procedureEstimateOtherSpainSurgical / Interventional SystemsCyber Surgical procedure gives a robotic navigation answer for spinal procedures.
DOGUEstimateSeries ASouth KoreaIndoor Cellular Platforms, Out of doors Cellular PlatformsDOGU is a robotics analysis & improvement firm that gives cellular robotics options for safety and purposes.
DRBEstimateOtherItalyDrones, Operator Providers, Data Acquisition / Processing / ManagementDRB gives autonomous drone inspection providers.
DRONAMICS$2,245,684SeedUKDronesDRONAMICS develops unmanned aerial programs for delivery business and particular cargo purposes.
Ehang$23,000,000OtherChinaDronesEhang is an autonomous aerial car (“AAV”) know-how platform firm.
EVAR$16,799,728Series BSouth KoreaIndoor Cellular PlatformsEVAR gives an EV charging answer enabled by an autonomous cellular robotic.
Verity $11,000,000Series BSwitzerlandDrones, Data Acquisition / Processing / ManagementVerity automates stock checks in warehouses and DCs utilizing autonomous droness.
Determine$9,000,000OtherUSAHumanoids / BipedsFigure Robotics is an AI robotics firm that builds a multi-purpose humanoid robots.
ForwardX Robotics$27,908,404Series CChinaIndoor Cellular Platforms, Forklift AGVs, Automated Storage & Retrieval SystemsForwardX Robotics focuses on R&D of laptop imaginative and prescient robots that apply to shopper and enterprise merchandise.
HoloMatic$41,780,984Series CChinaSensors / Sensing Programs, Software program, Video / Imaginative and prescient / ImagingHoloMatic is a autonomous driving know-how start-up that gives auto-driven automobiles primarily based on AI and automotive tech.
insideFPV$332,251SeedIndiaDronesinsideFPV gives personalized, able to fly FPV drones.
iotaMotion$12,000,000Series AUSASurgical / Interventional SystemsIotaMotion is a medical know-how firm growing robotics-assisted options for cochlear implant surgical procedure.
iRobot$200,000,000OtherUSAIndoor Cellular PlatformsiRobot produces shopper robotics options for house/garden/pool maintance work.
Koop Applied sciences$4,000,000SeedUSAServices – LegalKoop is an insurance coverage know-how firm specializing in autonomous automobiles, robotics, and machine-centric dangers.
LynconEstimateSeries DChinaOperator Providers, Data Acquisition / Processing / ManagementLyncon produces drones and affords drone enabled providers.
NEURA Robotics$62,561,828OtherGermanyCollaborative Robots, Indoor Cellular PlatformsNeura Robotics develops cognitive robotic programs that may be utilized in each industrial and business settings.
Optimotive$1,000,000SeedCanadaOutdoor Cellular PlatformsOptimotive produces wheeled autonomous robots centered on automating information assortment in muddy, dusty and in any other case unpredictable environments
Orion Labs$5,000OtherUSASensors / Sensing Programs, SoftwareOrion Labs is an utilized robotic analysis establishment centered on making use of machine studying to beat robotics challenges.
Oversonic Robotics$5,570,279SeedItalyHumanoids / BipedsOversonic gives cognitive computing programs for robots and is growing a humanoid robotics platform.
Puncture Robotic$13,837,000Series AChinaCollaborative Robots, Sensors / Sensing SystemsPuncture Robotic develops venipuncture robots that assist in conducting blood assortment with out human intervention.
RoboDeck$2,000,000SeedIsraelOutdoor Cellular PlatformsRoboDeck is growing an autonomous robotic for cleansing and marking out of doors wood decks
Robosense$164,054,206Series GChinaSensors / Sensing SystemsRobosense gives sensing options for autonomous driving.
Robros$1,243,539SeedSouth KoreaArticulated RobotsRobros develops robotics know-how for meals dealing with duties..
Seegrid$15,999,998OtherUSAIndoor Cellular PlatformsSeegrid is a supplier of autonomous cellular robots (AMRs) and enterprise software program for materials dealing with.
Senior AutomationEstimateOtherChinaAutonomous Transportation SystemsSenior Automation is a know-how firm that focuses on the analysis and commercialization of logistics truck driverless know-how
Simbe Robotics$28,000,000Series BUSAIndoor Cellular Platforms, Sensors / Sensing SystemsSimbe Robotics builds robotics options for shelf auditing and analytics.
Sinovation Medical$13,993,059Series DChinaArticulated Robots, Sensors / Sensing Programs, Video / Imaginative and prescient / ImagingSinovation Medical is growing a robotic, minimally invasive neurosurgery system.
sliQue RoboticsEstimateSeedUSAIndoor Cellular PlatformssliQue Robotics develops cellular robots and different applied sciences for varied business sectors.
SumEstimateSeedSouth KoreaMicrocontrollers / Microprocessors / SoC, SoftwareSUM is a self-driving know-how start-up comprised of great professionals.
Suzhou Aijiwei Robotic$13,912,462OtherChinaAutomated Information Autos (AGVs), Indoor Cellular PlatformsSuzhou Aijiwei Robotic develops automated guided automobiles (AGV) to facilitate warehousing operations.
Syrius Robotics$13,797,861OtherChinaIndoor Cellular PlatformsSyrius Robotics develops autonomous cellular robots with a self-developed operational system, software program platform, and AIoT cloud service.
Telexistence$159,747,626Series BJapanIndoor Cellular PlatformsTelexistence provide autonomous cellular robots for retail operations.
Tusk RobotsEstimateSeries AChinaIndoor Cellular Platforms, Automated Information Autos Tuskrobots develops AMR/AGVs that automate pallet motion.
VividobotsEstimateSeedIndiaOutdoor Cellular PlatformsVividobots is growing an autonomous robotic answer for exterior portray of excessive rise buildings.
Voyant Photonics$3,193,224OtherUSASensors / Sensing Programs, Microcontrollers / Microprocessors / SoCVoyant Photonics manufactures LIDAR-on-a-chip options to carry out 3D sensing, measure vary, velocity, and reflectivity.
Yihang.aiEstimateOtherChinaSensors / Sensing Programs, SoftwareYihang.ai manufactures autonomous driving programs.
ZozenEstimateSeries BChinaSurgical / Interventional SystemsZozen specializes within the improvement of spinal minimally invasive surgical robots.
ZS RoboticsEstimateOtherChinaAutomated Storage & Retrieval SystemsZS Robotics produces clever robotic storage options.
Firms primarily based in China obtained the vast majority of the rounds (18), which resulted in a complete funding influx of $501 million (Determine 1, beneath). Companies primarily based within the USA attracted $1.2 billion in funding (coming from 14 rounds), with funding into autonomous car know-how supplier Aurora accounting for $820 million of that sum. Japan’s Telexistence, a supplier of autonomous cellular robots for retail operations, attracted $160 million in funding. This single funding propelled Japan into third place amongst international locations for complete July 2023 funding quantities.
In step with properly established robotics funding traits, suppliers of self-driving software program and {hardware} options for autonomous transportation secured sizable funding quantities. Examples embrace Aurora ($820M), Robosense ($164M), and HoloMatic ($48M).
July 2023 robotics investments have been notable for the big variety of rounds into producers of AMR options. Collaborative Robotics ($30M), Seegrid ($16M), Suzhou Aijiwei Robotic ($14M), and Syrius Robotics ($14M) function examples.
Suppliers of drones, drone enabled analytic providers and enabling applied sciences additionally proceed to draw the eye of the funding group. For instance, Ehang ($23M), Verity ($11M), Lyncon ($5M) and others obtained rounds.
Determine 1: July 2023 Robotics Funding by Nation
June 2023 robotics investments have been atypical in that the majority funding fell beneath the aegis of ‘Different’, a catchall descriptor for investments that don’t embrace the standard 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).
Determine 2: July 2023 Robotics Funding Quantities by Funding Kind
Determine 3: July 2023 Robotics Funding Quantities by Funding Quantity and Quantities
Editor’s be aware: What defines robotics investments? The reply to this straightforward query is central in any try and quantify them with a point of rigor. To make funding analyses constant, repeatable, and priceless, it’s vital 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.
Traders and investing
Funding ought to come from enterprise capital companies, company funding teams, angel buyers, and different sources. Pals-and-family investments, authorities/non-governmental company grants, and crowd-sourced funding are excluded.
Robotics and clever programs corporations
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 providers supporting robotics gadgets. For this evaluation, autonomous automobiles (together with applied sciences that assist autonomous driving) and drones are thought of robots, whereas 3D printers, CNC programs, and varied forms of “onerous” automation are usually not.
Firms which can be “robotic” in title solely, or use the time period “robotic” to explain services that don’t allow or assist 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 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 many others.
Verification
Funding data is collected from a lot 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 personal interviews with trade representatives, buyers, and others. Unverifiable investments are excluded and estimates are made the place funding quantities are usually not supplied or are unclear.
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