Robotics funding for July 2023 reached $1.9 billion, coming from 48 funding rounds. As of the top of July, whole 2023 funding involves roughly $8 billion.
July 2023 robotics funding equaled $1.96 billion, the results of 48 investments (See Desk 1 under or obtain Desk 1 HERE). Whole 2023 funding for the months of January by July involves roughly $8 billion.
Desk 1: July 2023 Robotics Funding and Funding
Firm TitleQuantitySortNation Tech-Prod-CompaniesDescription
Asensus Surgical$10,000,000OtherUSASurgical / Interventional SystemsAsensus Surgical affords an built-in digital surgical procedure answer which incorporates the surgical robotic platform Luna.
Astrobotic Know-how$34,600,000OtherUSAOutdoor Cell Platforms, Different Schooling / ResearchAstrobotic Know-how produces house robotics programs..
Aurora$820,000,000OtherUSASensors / Sensing Techniques, 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 Cell PlatformsAventurier offers business cleansing robots.
Bedrock Ocean Exploration$25,500,000Series AUSAUnmanned Underwater Autos, Operator Companies, Knowledge Acquisition / Processing / ManagementBedrock Ocean Exploration offers seafloor information companies utilizing transportable, autonomous underwater automobiles.
Beixin SmartEstimateOtherChinaIndoor Cell PlatformsBeixin Sensible 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 this planet.
CloudMinds$137,927,229Series CChinaSoftware, Humanoids / Bipeds, Indoor Cell PlatformsCloudMinds develops an end-to-end ecosystem to assist cloud linked robots and sensible machines.
Collaborative Robotics$30,000,000Series AUSAIndoor Cell Platforms, Outside Cell PlatformsCollaborative Robotics is constructing a versatile mobility platform designed to unravel all kinds of indoor and outside duties.
Cyber SurgeryEstimateOtherSpainSurgical / Interventional SystemsCyber Surgical procedure offers a robotic navigation answer for spinal procedures.
DOGUEstimateSeries ASouth KoreaIndoor Cell Platforms, Outside Cell PlatformsDOGU is a robotics analysis & growth firm that gives cellular robotics options for safety and purposes.
DRBEstimateOtherItalyDrones, Operator Companies, Knowledge Acquisition / Processing / ManagementDRB offers autonomous drone inspection companies.
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 Cell PlatformsEVAR offers an EV charging answer enabled by an autonomous cellular robotic.
Verity $11,000,000Series BSwitzerlandDrones, Knowledge 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 Cell Platforms, Forklift AGVs, Automated Storage & Retrieval SystemsForwardX Robotics makes a speciality of R&D of pc imaginative and prescient robots that apply to client and enterprise merchandise.
HoloMatic$41,780,984Series CChinaSensors / Sensing Techniques, 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 offers custom-made, able to fly FPV drones.
iotaMotion$12,000,000Series AUSASurgical / Interventional SystemsIotaMotion is a medical know-how firm creating robotics-assisted options for cochlear implant surgical procedure.
iRobot$200,000,000OtherUSAIndoor Cell PlatformsiRobot produces client robotics options for dwelling/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 Companies, Knowledge Acquisition / Processing / ManagementLyncon produces drones and affords drone enabled companies.
NEURA Robotics$62,561,828OtherGermanyCollaborative Robots, Indoor Cell PlatformsNeura Robotics develops cognitive robotic programs that may be utilized in each industrial and business settings.
Optimotive$1,000,000SeedCanadaOutdoor Cell 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 Techniques, 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 offers cognitive computing programs for robots and is creating 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 Cell PlatformsRoboDeck is creating an autonomous robotic for cleansing and marking outside wood decks
Robosense$164,054,206Series GChinaSensors / Sensing SystemsRobosense offers sensing options for autonomous driving.
Robros$1,243,539SeedSouth KoreaArticulated RobotsRobros develops robotics know-how for meals dealing with duties..
Seegrid$15,999,998OtherUSAIndoor Cell 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 Cell Platforms, Sensors / Sensing SystemsSimbe Robotics builds robotics options for shelf auditing and analytics.
Sinovation Medical$13,993,059Series DChinaArticulated Robots, Sensors / Sensing Techniques, Video / Imaginative and prescient / ImagingSinovation Medical is creating a robotic, minimally invasive neurosurgery system.
sliQue RoboticsEstimateSeedUSAIndoor Cell PlatformssliQue Robotics develops cellular robots and different applied sciences for numerous business sectors.
SumEstimateSeedSouth KoreaMicrocontrollers / Microprocessors / SoC, SoftwareSUM is a self-driving know-how start-up comprised of serious professionals.
Suzhou Aijiwei Robotic$13,912,462OtherChinaAutomated Information Autos (AGVs), Indoor Cell PlatformsSuzhou Aijiwei Robotic develops automated guided automobiles (AGV) to facilitate warehousing operations.
Syrius Robotics$13,797,861OtherChinaIndoor Cell PlatformsSyrius Robotics develops autonomous cellular robots with a self-developed operational system, software program platform, and AIoT cloud service.
Telexistence$159,747,626Series BJapanIndoor Cell PlatformsTelexistence provide autonomous cellular robots for retail operations.
Tusk RobotsEstimateSeries AChinaIndoor Cell Platforms, Automated Information Autos Tuskrobots develops AMR/AGVs that automate pallet motion.
VividobotsEstimateSeedIndiaOutdoor Cell PlatformsVividobots is creating an autonomous robotic answer for exterior portray of excessive rise buildings.
Voyant Photonics$3,193,224OtherUSASensors / Sensing Techniques, Microcontrollers / Microprocessors / SoCVoyant Photonics manufactures LIDAR-on-a-chip options to carry out 3D sensing, measure vary, velocity, and reflectivity.
Yihang.aiEstimateOtherChinaSensors / Sensing Techniques, SoftwareYihang.ai manufactures autonomous driving programs.
ZozenEstimateSeries BChinaSurgical / Interventional SystemsZozen specializes within the growth of spinal minimally invasive surgical robots.
ZS RoboticsEstimateOtherChinaAutomated Storage & Retrieval SystemsZS Robotics produces clever robotic storage options.
Firms primarily based in China acquired nearly all of the rounds (18), which resulted in a complete funding influx of $501 million (Determine 1, under). 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 nations for whole July 2023 funding quantities.
In line with effectively established robotics funding traits, suppliers of self-driving software program and {hardware} options for autonomous transportation secured sizable funding quantities. Examples embody 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 companies and enabling applied sciences additionally proceed to draw the eye of the funding neighborhood. For instance, Ehang ($23M), Verity ($11M), Lyncon ($5M) and others acquired 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 embody the standard levels of funding that companies undergo earlier than their preliminary public providing (ex. Seed rounds adopted by Collection A, B, C, D and E funding).
Determine 2: July 2023 Robotics Funding Quantities by Funding Sort
Determine 3: July 2023 Robotics Funding Quantities by Funding Quantity and Quantities
Editor’s notice: What defines robotics investments? The reply to this easy query is central in any try to quantify them with some extent of rigor. To make funding analyses constant, repeatable, and precious, it’s vital to wring out as a lot subjectivity as doable 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 programs companiesRobotics 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 companies supporting robotics gadgets. For this evaluation, autonomous automobiles (together with applied sciences that assist autonomous driving) and drones are thought-about robots, whereas 3D printers, CNC programs, and numerous kinds of “onerous” automation are usually not.
Firms which can be “robotic” in identify solely, or use the time period “robotic” to explain services and products that don’t allow or assist 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 nations. Firm areas given within the evaluation are primarily based on the publicly listed headquarters in authorized paperwork, press releases, and many others.
VerificationFunding info is collected from quite a lot of private and non-private sources. These embody press releases from firms and funding teams, company briefings, market analysis companies, and affiliation and business publications. As well as, info comes from periods 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 are usually not offered or are unclear.