Robotics funding for June 2023 equaled $2.1 billion, the results of 50 funding rounds. Whole robotics funding for January 2023 by way of June 2023 equals roughly $6.1 billion.
June 2023 robotics funding equaled $2.1 billion, the results of 50 investments (See Desk 1 beneath or obtain Desk 1 HERE). January by way of June 2023 robotics investments involves roughly $6.1 billion.
Desk 1: June 2023 Robotics Funding and Funding
Firm IdentifyQuantitySortNation Tech-Prod-ProvidersDescription
A2TechEstimateOtherMalaysiaDrones, Unmanned Underwater Autos, Outside Cell PlatformsA2Tech produces cell robotics options with a major deal with industrial inspection.
Superior Navigation$5,200,000OtherAustraliaSensors / Sensing Programs, Networking / Connectivity, SoftwareAdvanced Navigation creates superior navigation methods and robotics applied sciences.
AgtonomyEstimateOtherUSAOutdoor Cell Platforms, Sensors / Sensing SystemsAgtonomy produces a hybrid autonomy and tele-assist platform for agriculture automobiles.
Aibo Medical Robotic$14,095,426Series AChinaSurgical / Interventional SystemsAibo Medical Robotic focuses on the event of vascular interventional surgical procedure robots.
Angsa Robotics$2,697,625SeedGermanyOutdoor Cell PlatformsAngsa Robotics gives cell robots that automate garbage assortment.
Arbe$23,000,000OtherIsraelSensors / Sensing SystemsArbe Robotics provides actual time 4D imaging software program for autonomous driving.
AugmentusEstimateOtherSingaporeSensors / Sensing Programs, SoftwareAugmentus produces no-code robotic programming software program.
Aviant$1,069,747OtherNorwayDrones, Operator ServicesAviant gives end-to-end drone providers for thr transport of cargo
B GARAGE$20,000,000Series AUSADrones, Sensors / Sensing SystemsB GARAGE is an autonomous drone and repair firm for warehouse stock administration.
Barrett Know-how$2,000,000OtherUSACollaborative RobotsBarrett Know-how provides a remedy robotic designed for intensive motor studying apply and repetitions.
Blue Atlas Robotics$70,000OtherDenmarkUnmanned Underwater Autos, Operator ServicesBlue Atlas Robotics manufactures subsea inspection robots and gives marine survey options.
Cobionix$2,800,000SeedCanadaCollaborative Robots, Sensors / Sensing SystemsCobionix produces autonomous, collaborative robots.
ESTAT Actuation$10,000OtherUSAActuators / Motors / ServosESTAT Actuation is a developer of electroadhesive clutches that make robots or machines extra succesful and inexpensive.
FarmFleet$550,000Pre-SeedUkraineOperator Providers, DronesFarmFleet provides a drone-based resolution for the appliance of pesticides and fertilizers.
FERNRIDE$31,316,885Series AGermanyAutonomous Transportation SystemsFERNRIDE gives autonomous, electrical trucking options.
Grasp RoboticsEstimateOtherUSAHumanoidsGrasp Robotics is growing humanoid robots, starting with a robotic hand.
Guardian Agriculture$14,999,973OtherUSADronesGuardian Agriculture gives superior crop safety providers.
Hantewin$1,386,654SeedChinaIndoor Cell Platforms, Outside Cell PlatformsHantewin is an clever cell robotic producer.
ideaForge$7,300,707OtherIndiaDronesIdeaForge produces drones for mapping, safety, and surveillance functions.
InnoplierEstimateSeedChinaOutdoor Cell PlatformsInnoplier manufactures cell robotbs for pipe inspection and maintance operations.
IONAEstimatePre-SeedUKDrones, SoftwareIONA develops zero-emission autonomous drone options for logistics in low inhabitants density areas.
ISYBOT$3,233,933OtherFranceCollaborative RobotsISYBOT is a designer and producer of collaborative robots.
LandSkyAI$200,000SeedUSASensors / Sensing Programs, Software program, Indoor Cell PlatformsLandSkyAI provides a wide range of autonomous robotics options.
Milvus Robotics$600,000OtherTurkeyIndoor Cell Platforms, SoftwareMilvus Robotics gives intelligen, autonomous cell robots.
Mobileye$1,617,000,000OtherIsraelSensors / Sensing Programs, Microcontrollers / Microprocessors / SoC, SoftwareMobileye produces vision-based superior driver help methods.
MOVE ON$212,768Pre-SeedTurkeySensors / Sensing Programs, SoftwareMOVE ON produces AI-based Agtech options.
Nimbl’bot$2,155,685SeedFranceArticulated Robots, Different IndustrialNimbl’bot produces snake like robots for a wide range of duties.
Novarc Applied sciences$2,065,000OtherCanadaCollaborative RobotsNovarc specializes within the design and commercialization of collaborative robots for welding.
OttonomyEstimateSeedUSAIndoor Cell Platforms, Outside Cell PlatformsOttonomy produces autonomous robots for contactless deliveries for each indoor and out of doors environments.
PaeonEstimateSeedUSAProsthetic / Orthotic SystemsPaeon is a robotics firm that develops adaptive prosthetics and autonomous robots.
Percepto$67,000,000Series CIsraelDrones, SoftwarePercepto is a developer of autonomous drone expertise for surveillance and inspections.
Realtime Robotics$9,500,000Series AUSASoftwareRealtime Robotics develops a software program platform for robots to perform with minimal programming.
Renatus Robotics$2,000,000SeedJapanAutomated Storage & Retrieval SystemsRenatus Robotics produces automated warehouse methods.
ROBO MedicalEstimateSeries AChinaSurgical / Interventional SystemsROBO Medical is a medical robotics analysis and growth firm.
SAGE IntelligentEstimateSeedChinaIndoor Cell PlatformsSAGE Clever is a producer of cell robotis for industrial and industrial functions.
SentinelSkyEstimateSeedUSADrones, Operator ServicesSentinelSky provides first responder drone providers.
silanaEstimateOtherAustriaArticulated Robotssilana develops applied sciences that automate the manufacturing course of within the vogue trade.
sliQue RoboticsEstimateSeedUSAIndoor Cell PlatformssliQue Robotics develops cell robots and different applied sciences for varied industrial sectors.
Teal Drones$1,200,000OtherUSADrones, SoftwareTeal Drones produces unmanned aerial automobile expertise.
THINK Surgical$5,000,000OtherUSASurgical / Interventional SystemsTHINK Surgical develops, manufactures and markets robotic surgical methods for orthopedic surgical procedure.
Turin Robotic$14,060,149Series AChinaCollaborative Robots, Articulated RobotsTurin Robotic gives industrial robotic automation and clever system integration options.
United Plane$167,733,638Series DChinaDronesUnited Plane specializes within the analysis and growth of drones and different tools.
UnitX$40,000,000Series BUSASoftware, Sensors / Sensing SystemsUnitX gives deep studying inspection system for automated manufacturing.
City Machine$10,000OtherUSAArticulated Robots, Sensors / Sensing SystemsUrban Machine manufactures robotics expertise for lumber reclamation operations.
uWare Robotics$538,033SeedBelgiumUnmanned Underwater Autos, Operator Providers, Information Acquisition / Processing / ManagementuWare Robotics produces autonomous underwater automobiles (AUVs).
Digital Incision$10,971,230OtherUSASurgical / Interventional SystemsVirtual Incision develops a miniaturized surgical robotic help machine with a deal with colon resection.
Imaginative and prescient Aerial$307,281SeedUSADrones, Operator Providers, Information Acquisition / Processing / ManagementVision Aerial provides drones and drone flight providers.
VoaigeEstimateOtherUSASensors / Sensing Programs, SoftwareVoaige gives a visioning software program for robotics functions.
XSurgical Robotics$11,500OtherUSASurgical / Interventional SystemsXSurgical Robotics produces surgical robots.
ZikooEstimateSeries AChinaAutomated Storage & Retrieval Programs, Indoor Cell PlatformsZikoo provides pallet storage robots and different clever storage options.
As soon as once more, corporations based mostly within the USA and China acquired probably the most variety of rounds, 20 and eight respectively (Determine 1, beneath). Nevertheless, corporations based mostly in Israel attracted the best quantity of funding, buoyed by $1.6 billion going to Mobileye, a maker of imaginative and prescient based mostly sensors for driver help and autonomous driving functions. Equally, Israel based mostly Percepto, a developer of autonomous drone expertise for surveillance and inspections, attracted $67 million in Collection C funding.
Suppliers of drones, drone enabling applied sciences, and analytic providers proceed to draw the eye of the funding group. Examples embrace United Plane ($168M), Percepto ($67M), B GARAGE ($20M), and ideaForge ($7M). Suppliers of robotics surgical robots and their enabling applied sciences additionally proceed to safe sizable funding rounds. For instance, Aibo Medical Robotic secured a $14M Collection A funding in June, whereas Digital Incision and THINK Surgical received investments of $10.9M and $5M, respectively.
Determine 1: June 2023 Robotics Funding by Nation
June 2023 robotics investments have been atypical in that almost all funding fell beneath the aegis of ‘Different’, a catchall descriptor for investments that don’t embrace the everyday phases of funding that companies undergo earlier than their preliminary public providing (ex. Seed rounds adopted by Collection A, B, C, D and E funding). Mobileye’s $1.6 billion post IPO secondary spherical skewed the June 2023 outcomes.
Determine 2: June 2023 Robotics Funding Quantities by Funding Sort
Determine 3: June 2023 Robotics Funding Quantities by Funding Quantity and Quantities
Editor’s be aware: 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 helpful, it’s essential to wring out as a lot subjectivity as potential in the course of the analysis course of. This begins with a definition of phrases and an outline of assumptions.
Buyers and investingInvestment ought to come from enterprise capital corporations, company funding teams, angel traders, and different sources. Mates-and-family investments, authorities/non-governmental company grants, and crowd-sourced funding are excluded.
Robotics and clever methods companiesRobotics corporations should generate or count on 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 automobiles (together with applied sciences that help autonomous driving) and drones are thought of robots, whereas 3D printers, CNC methods, and varied sorts of “onerous” automation usually are not.
Firms which might be “robotic” in title solely, or use the time period “robotic” to explain services that don’t allow or help units appearing 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.
VerificationFunding data is collected from quite a few 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 classes 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 usually are not offered or are unclear.