Robotics funding for April 2023 amounted to $1.63B, the results of 47 funding rounds. Complete robotics funding for 2023 equals roughly $3.3B.
April 2023 robotics funding equaled $1.63B (See Desk 1, beneath or obtain Desk 1 HERE), the results of 47 investments. The April investments deliver the 2023 robotics funding totals to roughly $3.3B.
Desk 1: April 2023 Robotics Funding and Funding
Firm IdentifyQuantityKindNation Tech-Prod-ProvidersDescription
42dot$782,791,615OtherSouth KoreaAutonomous Transportation Systems42dot presents self-driving software program and {hardware} options that allow and help autonomous mobility.
aiEndoscopic$557,040SeedSwitzerlandSurgical / Interventional SystemsaiEndoscopic is growing robotics techniques for endoscopic tracheal intubation.
allocortech$75,000GrantUSAActuators / Motors / Servos, ControllersAllocortech gives merchandise for avionics, management techniques, and common embedded techniques for UAS and UAM plane functions.
ARTIAL$120,000Pre-SeedUSAOperator Providers, Information Acquisition / Processing / ManagementARTIAL gives drone-based inspection options for the development, vitality, and infrastructure sectors.
BarajaEstimateOtherAustraliaSensors / Sensing SystemsBaraja produces LiDAR applied sciences for self-driving automobiles.
Bottobo$1,000SeedTurkeyIndoor Cellular PlatformsBottobo produces absolutely automated and self-contained warehouse robots and clever techniques.
Carbon Robotics$30,000,000Series CUSAOutdoor Cellular Platforms, Sensors / Sensing SystemsCarbon Robotics develops robots for agriculture-related functions.
Covariant$75,000,000Series CUSASoftware, Sensors / Sensing SystemsCovariant gives various software program options that automate pick-and-place processes at warehouses and achievement facilities.
Crow Industries$120,000Pre-SeedUSAOutdoor Cellular PlatformsCrow Industries gives robotics enabled geomatics companies to the mining trade.
DaedaleanEstimateGrantSwitzerlandSoftware, Sensors / Sensing SystemsDaedalean is constructing autonomous piloting software program techniques for aerial mobility.
Supply One$6,374,924OtherTurkeyDrones, Operator ServicesDelivery One gives last-mile supply options utilizing drones and different applied sciences.d high quality.
Distalmotion$150,192,209OtherSwitzerlandSurgical / Interventional SystemsDistalmotion produces a surgical robotic known as Dexter.
EmbotechEstimateGrantSwitzerlandSoftwareEmbotech gives software program options that allow driverless mobility.
HydromeaEstimateGrantSwitzerlandUnmanned Underwater VehiclesHydromea gives underwater drones for submerged asset inspections.
Infcom$14,543,339Series BChinaActuators / Motors / ServosInfcom Industrial produces servo drives, servo motors, and associated software program.
infiniDome$9,000,000Series AIsraelSensors / Sensing Techniques, Networking / ConnectivityinfiniDome develops GPS safety options for drones.
iotaMotion$8,509,999OtherUSASurgical / Interventional SystemsIotaMotion is growing robotics-assisted options for cochlear implant surgical procedure.
Keybotic$3,309,479SeedSpainQuadrupedsKeybotic is a designer and producer of autonomous four-legged robots for monitoring, inspecting, and mapping of advanced environments.
Sort Humanoid$150,000Pre-SeedUSAHumanoids / BipedsKind Humanoid is growing clever humanoid robots.
Kuxun IntelligentEstimateSeries AChinaIndoor Cellular Platforms, Automated Information Autos, Autonomous ForkliftsKuxun Clever produces a wide range of cellular robots for warehousing operations.
Leial TechnologiesEstimateOtherSpainArticulated Robots, Academic / KitsLeial Applied sciences is an academic robotics provider.
LogiXairEstimateOtherThe NetherlandsDrones, Operator ServicesLogiXair gives unmanned plane primarily based logistics utilizing autonomous flying cargo techniques.
Lukai ZhixingEstimateSeries AChinaOutdoor Cellular Platforms, Autonomous Transportation SystemsLukai Zhixing is a unmanned automobile resolution supplier targeted on the sector of good mining operations.
Might Mobility$3,000,000GrantUSAAutonomous Transportation Techniques, Sensors / Sensing Techniques, SoftwareMay Mobility gives autonomous automobile know-how for business fleets.
Nanoflex RoboticsEstimateGrantSwitzerlandSurgical / Interventional SystemsNanoflex Robotics gives robotics options for the remedy of ischemic stroke.
Naurobotics$3,036,698Series ASouth KoreaArticulated Robots, SCARA Robots, Finish EffectorsNaurobotics presents robotic automation techniques and griping know-how.
Padbot TelepresenceEstimateSeries BChinaIndoor Cellular PlatformsPadbot Robotic, a service robotic model of Inbot Tech, produces various business supply robots, safety patrol robots, and cleansing and disinfection robots.
ParaWaveEstimateGrantUSADronesParaWave is growing drone know-how to help first responders.
Perceptual Robotics$3,355,558OtherCity ofDrones, Operator Providers, Information Acquisition / Processing / ManagementPerceptual Robotics presents drone primarily based inspection companies for wind turbine inspection and different infrastructure functions.
Perceptyne Robots$723,563SeedIndiaHumanoids / Bipeds, Arms/ManipulatorsPerceptyne Robots is growing dexterous robotics techniques that may automatate numerous industrial duties.
Phantom Auto$25,000,000OtherUSAOperator ServicesPhantom Auto presents teleoperation security options and distant operations for logistics automobiles.
Propeller Aero$15,272,472OtherAustraliaDrones, Operator Providers, Information Acquisition / Processing / ManagementPropeller gives drone-mapping and analytics options for worksite operations.
Reakto$1,163,022SeedPolandOperator Providers, Information Acquisition / Processing / ManagementReakto is a producer and operator of UAV techniques that present securiy companies.
Roboto AI$4,800,000SeedUSAData Acquisition / Processing / ManagementRoboto AI gives know-how that accelerates the search, transformation, and evaluation of robotics information.
Sturdy.AI$20,000,000Series AUSAIndoor Cellular Platforms, Software program, Sensors / Sensing SystemsRobust.AI manufactures robots for warehouse operations.
Rogue House SystemsEstimateOtherUSAOther CommercialRogue House Techniques develop robots to ship companies options to satellite tv for pc operators, producers and insurers.
SensorSurf$500,000Pre-SeedUSAData Acquisition / Processing / Administration, SoftwareSnowflake presents softwar for accumulating, manipulationing and analyzing robotics information.
Sniffer Robotics$2,000,000SeedUSAExoskeletonsSniffer Robotics gives the municipal stable waste trade drone base companies for methane fuel detection and evaluation.
Surgerii TechnologyEstimateSeries CChinaSurgical / Interventional SystemsSurgerii Know-how is a developer of minimally invasive surgical robots.
Veo Robotics$14,000,000Series BUSASensors / Sensing Techniques, SoftwareVeo Robotics gives options that allow excessive efficiency, collaborative industrial robotics.
Wenshi Robotic$14,543,339Series AChinaIndoor Cellular Platforms, Different IndustrialWenshi Robotic produces a wide range of autonomous cellular robots to be used within the logistics sector.
wheel.me$14,072,056OtherNorwayIndoor Cellular Platformswheel.me produces applied sciences that transforms something into an autonomous cellular robotic with minimal effort and with out the necessity to alter its design or kind.
WIRobotics$3,006,624SeedSouth KoreaExoskeletonsWIRobotics produces wearable robots that reduce bodily calls for on our bodies whereas nonetheless permitting for energetic movement.
Xiangke Intelligence$5,808,044OtherChinaSoftwareXiangke Intelligence, a derivative of Tsinghua College and Beijing College of Aeronautics and Astronautics, is growing AI enabled robotics techniques.
Yunchuang ZhixingEstimateSeries AChinaOutdoor Cellular Platforms, SoftwareYunchuang Zhixing produces autonomous, out of doors sweeping automobiles and distant administration management platforms.
Zanecon$14,442,935Series AChinaArticulated RobotsZanecon produces a wide range of robotics options for the development sector.
Zipline$330,000,000Series EUSADronesZipline designs, manufactures, and operates drones that ship medical merchandise.
Corporations primarily based within the US landed probably the most rounds (17) and correspondingly attracted the majority of the April 2023 funding ($514M). Chinese language and Swiss corporations additionally acquired substantial funding ($104M and $165M, respectively). See Determine 1, beneath.
It must be famous that South Korea, an outlier having a single firm receiving funding, was included within the ‘Different’ class. Nonetheless, that firm, 42dot, a supplier of self-driving software program and {hardware} options for autonomous transportation, acquired a considerable funding quantity of $783M. Different sizable April 2023 robotics investments embrace Zipline ($330M), Distalmotion ($150M), Covariant (&75M), Carbon Robotics ($30M), Phantom Auto ($25M), and Sturdy.AI ($20M).
Determine 1: April 2023 Robotics Funding by Nation
Early investments (Pre-Seed, Seed and A rounds) accounted for many of the investments (42%). By way of funding quantities, rounds deemed ‘Different’ connected many of the funding {dollars}. A single Sequence C spherical (Zipline, $330M) accounted for 20% of April 2023’s funding totals.
Determine 2: April 2023 Robotics Funding Quantities by Funding Kind
Determine 3: April 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 to quantify them with some extent of rigor. To make funding analyses constant, repeatable, and useful, it’s essential to wring out as a lot subjectivity as doable throughout 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 corporations, 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 techniques 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 companies supporting robotics gadgets. For this evaluation, autonomous automobiles (together with applied sciences that help autonomous driving) and drones are thought of robots, whereas 3D printers, CNC techniques, and numerous varieties of “arduous” automation are usually not.
Corporations which might be “robotic” in title solely, or use the time period “robotic” to explain services and products that don’t allow or help gadgets performing within the bodily world, are excluded. For instance, this consists of “software program robots” and robotic course of automation. Many corporations 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 so on.
VerificationFunding info is collected from various private and non-private sources. These embrace press releases from firms and funding teams, company briefings, market analysis corporations, and affiliation and trade publications. As well as, info comes from classes 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 offered or are unclear.