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Could 2023 robotics funding equaled $686 million (See Desk 1 beneath or obtain Desk 1 HERE), the results of 61 investments. With the Could investments, the 2023 robotics funding involves roughly $4 billion.
Funding topped $1.63 billion in April, $526 million in March, $620 million in February and $521 million in January.
Desk 1: Could 2023 Robotics Funding and Funding
CompanyAmountRoundCountryTechnologyDescription
Abbott Robotics (Professional Robotics)EstimateOtherChinaAutomated Information VehiclesAbbot Robotics develops autonomus guided automobiles to purchasers within the photovoltaic, lithium battery and semiconductor industries.
ADASKY$30,000,000Series BIsraelSensors / Sensing Techniques, Video / Imaginative and prescient / Imaging, SoftwareADASKY builds far-infrared sensor and clever thermal sensing applied sciences for autonomous electrical automobiles.
AirMatrixEstimateOtherCanadaSoftwareAirMatrix develops drone logistics software program for the autonomous operation of business drones.
AMP Robotics$8,000,000Series CUSAArticulated Robots, Sensors / Sensing SystemsAMP Robotics affords robotics options for sorting and different purposes for the recycling business sector.
ANYbotics$55,780,288Series BSwitzerlandQuadrupedsANYbotics specializes within the improvement of superior legged robots for industrial inspection.
Ascento$215,389OtherSwitzerlandOutdoor Cellular Platforms, Sensors / Sensing SystemsAscento affords autonomous out of doors safety patrol robots as a service.
AutoCoreEstimateSeries AChinaSoftwareAutoCore is a supplier of clever middleware for automotive appliations, together with autonomous automobiles.
Blue Ocean RobotEstimateSeries BChinaIndoor Cellular Platforms, SoftwareBlue Ocean Robotic is a supplier of cellular robots and administration methods for logistics operations.
Bosin TechnologyEstimateSeries AChinaGantry RobotsBosin Expertise is a producer of professional quality gantry robotic methods.
CandelaEstimateOtherChinaIndoor Cellular PlatformsCandela is a robotic {hardware} and software program design firm.
Changyao InnovationEstimateOtherChinaHome Care / Garden Care / Pool CareChangyao Innovation producers robotic garden mowers.
Contoro Robotics$6,000,000OtherUSAMobile/Fastened Telepresence, Human Robotic Interplay HapticsContoro Robotics develops robotics teleoperation methods.
Didi WoyaEstimateOtherChinaAutonomous Transportation Techniques, Sensors / Sensing Techniques, SoftwareDidi Woya develops applied sciences for self-driving automobiles.
Drobot$25,000OtherUSAIndoor Cellular PlatformsDrobot is creating reasonably priced autonomous cellular robots.
ecoRobotix$51,673,897Series BSwitzerlandSensors / Sensing SystemsecoRobotix supplies AI powered plant-by-plant recognition and ultra-high precision crop therapy.
EnerComp Options$316,684SeedIndiaDrones, Operator Providers – UAVs, Information Acquisition / Processing / ManagementEnerComp Options is a drone manufacturing, providers, and AI tech startup.
Foretellix$43,000,000Series CIsraelSensors / Sensing Techniques, SoftwareForetellix develops clever automation and analytic instruments to orchestrate and monitor driving situations together with edge instances for deployment of ADAS & autonomous automobiles.
Freespace Robotics$250,000Pre-SeedUSAAutomated Storage & Retrieval SystemsFreespace Robotics is a warehouse automation firm that gives automated storage and retrieval methods.
Gaussian RoboticsEstimateOtherSingaporeIndoor Cellular PlatformsGaussian Robotics produces autonomous flooring cleansing robotics.
GITAI$28,715,666Series BJapanSensors / Sensing Techniques, Software program, ControllersGITAI develops distant managed robots to switch astronaut’s operations in business area stations.
Hanyang Expertise$20,000,000Series AChinaOutdoor Cellular PlatformsHanyang Expertise produces autonomous cellular robots for shopper and business purposes.
HKT RobotEstimateOtherChinaSCARA Robots, Actuators / Motors / ServosHKT Robotic affords industrial robotis, servo drives, motors and extra.
Hong Jing DriveEstimateSeries BChinaSensors / Sensing Techniques, Software program, Microcontrollers / Microprocessors / SoCHong Jing Drive supplies a computing platform for autonomous automobiles.
Human in Movement Robotics$10,000,000Series ACanadaExoskeletons, Rehabilitation / Therapeutic SystemsHuman in Movement Robotics develops a wearable lower-limb exoskeleton system.
Hydromea$2,182,429OtherSwitzerlandUnmanned Underwater Autos, Operator Providers – UUVsHydromea supplies submerged asset inspections providers utilizing distant managed underwater drone platforms.
i-KINGTECEstimateSeries CChinaDronesi-KINGTEC is a developer of clever industrial drones and UAV methods.
ideaForgeEstimateOtherIndiaDronesIdeaForge is a drone manucaturing firm for mapping, safety, and surveillance purposes.
Intramotev$200,000OtherUSAOutdoor Cellular Platforms, Sensors / Sensing Techniques, SoftwareIntramotev manufactures autonomous battery-electric railcars.
KEMARO AGEstimateOtherSwitzerlandIndoor Cellular PlatformsKEMARO AG produces autonomous cellular robots for industrial cleansing.
Kiwibot$6,083,498OtherUSAOutdoor Cellular PlatformsKiwibot designs and manufactures a fleet of cellular robots used for meals supply on faculty campuses.
Kossi$14,470,523Series BChinaControllers, Actuators / Motors / Servos, Articulated RobotsKesi makes a speciality of movement controllers and servo drives for robotics methods.
LoopXEstimateOtherCanadaSensors / Sensing Techniques, Controllers, SoftwareLoopX affords system options for autonomous automobiles, mining tools producers, and mining expertise corporations.
MeBotXEstimateSeries AChinaExoskeletonsMeBotX produces robotic exxoskeletons.
Miso RoboticsEstimateOtherUSAArticulated Robots, Different IndustrialMiso Robotics supplies robotics and clever automation options to the business foodservice business.
Mocang Robotic$2,854,044SeedChinaIndoor Cellular PlatformsMocang Robotics produces clever storage robots for warehouse operations.
Moon Surgical$55,400,000Series BFranceSurgical SystemsMoon Surgical develops surgical robotics methods robotic that includes collaborative and adaptive robotics.
Pashoot Robotics$1,500,000Pre-SeedIsraelCollaborative RobotsPashoot Robotics is creating robots for manufacturing that perceive and adapt to their setting, utilizing laptop imaginative and prescient and AI.
PuduTechEstimateSeries CChinaPuduTech produces autonomous supply, cleansing and disinfection robots for the house care, meals service, and catering industries.
Quantum Techniques$20,000,000OtherGermanyDronesQuantum-Techniques develops superior multi-sensor, unmanned aerial automobiles that acquire aerial intelligence.
RealmanEstimateSeries AChinaCollaborative RobotsRealman focuses on the analysis, improvement, manufacture, and advertising of ultra-lightweight humanoid robotic arms.
Saha Robotics$3,000,000SeedTurkeyIndoor Cellular PlatformsSaha Robotics supplies autonomous, cloud related, cellular robots for supply purposes.
Seaweed Technology$365,467OtherUKUnmanned Underwater VehiclesSeaweed Technology is a developer of robotic applied sciences for seaweed cultivation methods..
Senior AutomationEstimateOtherChinaAutonomous Transportation SystemsSenior Automation focuses on the analysis and commercialization of driverless truck expertise for logistics purposes.
Slip Robotics$10,646,078OtherUSAIndoor Cellular PlatformsSlip Robotics produces autonomous cellular robots used for unloading vehicles.
sliQue RoboticsEstimateSeedUSAIndoor Cellular PlatformssliQue Robotics produces cellular autonomous robots for supply and cleansing purposes.
Sniffer RoboticsEstimateSeedUSAOperator Providers – UAVs, Information Acquisition / Processing / ManagementSniffer Robotics supplies drone based mostly providers for detecting land-based methane leaks and quantifying emissions.
SphairaEstimateOtherGermanyIndoor Cellular PlatformsSphaira Medical produces autonomous affected person mobility platforms.
StreetDrone$212,629OtherUKSoftwareStreetDrone is a full-stack software program firm with specific experience in driverless options for low-speed and specialist working domains.
Tefa RoboticsEstimateSeedSouth KoreaSoftwareTefa Robotics creates low-code options for industrial robotic management.
City RayEstimatePre-SeedGermanyDrones, Batteries / Energy SuppliesUrban Ray affords last-mile parcel deliveries by drones with automated touchdown and storage stations on the bottom.
Vantage Robotics$20,000,000OtherUSADronesVantage Robotics produces unmanned aerial automobiles for protection and industrial purposes.
Vantage RoboticsEstimateOtherUSADronesVantage supplies strong unmanned aerial automobiles to be used in purposes essential to nationwide safety and safe infrastructure administration.
Vemcon$6,435,351OtherGermanySensors / Sensing Techniques, Software program, ControllersVemcon produces machine management options – joysticks, cowl driver assistant methods, and digital operator applied sciences – that allow autonomously working machines.
Voyager Expertise$14,391,181Series BChinaSensors / Sensing Techniques, Video / Imaginative and prescient / Imaging, SoftwareVoyager Expertise is a supplier of superior driving assistant methods and autonomous driving methods options.
WARGdronesEstimateSeedGermanyDronesWARGdrones creates automated drone options for Explosive Ordnance Disposal and Counter-Improvised Explosive System (C-IED) operations.
Wingcopter$43,648,585OtherGermanyDronesWingcopter is a producer of unmanned, eVTOL, fixed-wing aircrafts for business and humanitarian purposes.
Xianwei MedicalEstimateOtherChinaSurgical SystemsXianwei Medical is a producer of ophthalmic surgical robots.
Xin Yihua (Sineva Robotic)EstimateSeedChinaIndoor Cellular PlatformsXin Yihua (Sineva Robotic) affords autonomus, cellular robots for quite a lot of business and industrial duties.
Yunxiang CommercialEstimateSeedChinaIndoor Cellular PlatformsYunxiang Industrial is a developer of business cleansing robots for indoor areas.
Zhihui RobotEstimateSeedChinaArticulated Robots, SoftwareZhihui Robotic provide robotics methods for spray portray purposes.
Zhiyuan RoboticsEstimateSeedChinaHumanoids / BipedsZhiyuan Robotics develops and produces general-purpose, clever, humanoid robots and different merchandise.
Firms based mostly in China acquired essentially the most variety of rounds (23) and the best funding quantity ($257M). Swiss companies additionally acquired substantial funding ($111M), adopted by Israel ($75M), Germany ($72M), and the USA ($70M).
Makers of autonomous cellular robots (AMRs) proceed to draw new funding. Could 2023 robotics investments had been notable for the big variety of rounds into producers of AMRs, with funding quantities ranging broadly. Slip Robotics, Blue Ocean Robotic System, PuduTech, Saha Robotics, Xin Yihua (Sineva Robotic) and Candela function examples.
Suppliers of drones, drone-enabled providers and enabling applied sciences continued to draw the eye of the funding group. For instance, Vantage Robotics, i-KINGTEC and Quantum Techniques every acquired $20 million in funding, with many different corporations attracting lesser quantities.
Determine 1: Could 2023 Robotics Funding by Nation
Collection B rounds accounted for a lot of sizable investments (Determine 2, beneath). Moon Surgical ($55M), ecoRobotix ($52M), ADASKY ($30M), GITAI ($28M), Blue Ocean Robotics ($25M), AutoCore ($25M), Hanyang Expertise ($20M), Kossi ($14M), Voyager Expertise ($14M) and Human in Movement Robotics ($10M), function examples.
Determine 2: Could 2023 Robotics Funding Quantities by Funding Sort
Determine 3: Could 2023 Robotics Funding Quantities by Funding Quantity and Quantities
Editor’s observe: 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 essential 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 investingInvestment ought to come from enterprise capital companies, 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 methods companiesRobotics 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 help autonomous driving) and drones are thought-about robots, whereas 3D printers, CNC methods, and numerous varieties of “laborious” automation will not be.
Firms which can be “robotic” in title solely, or use the time period “robotic” to explain services and products that don’t allow or help gadgets appearing within the bodily world, are excluded. For instance, this contains “software program robots” and robotic course of automation. Many companies have a number of areas in numerous international locations. Firm areas given within the evaluation are based mostly on the publicly listed headquarters in authorized paperwork, press releases, and so forth.
VerificationFunding data is collected from quite a few private and non-private sources. These embrace press releases from firms and funding teams, company briefings, market analysis companies, and affiliation and business publications. As well as, data comes from classes at conferences and seminars, in addition to throughout personal interviews with business representatives, traders, and others. Unverifiable investments are excluded and estimates are made the place funding quantities will not be offered or are unclear.