Robotics funding for Might 2023 amounted to $686 million, the results of 61 funding rounds. Complete robotics funding for January 2023 via Might 2023 equals roughly $4 billion.
Might 2023 robotics funding equaled $686 million (See Desk 1, beneath or obtain Desk 1 HERE), the results of 61 investments. With the Might investments, the 2023 robotics funding involves roughly $4 billion.
Desk 1: Might 2023 Robotics Funding and Funding
Firm IdentifyQuantitySortNation Tech-Prod-CompaniesDescription
Abbott Robotics (Professional Robotics)EstimateOtherChinaAutomated Information VehiclesAbbot Robotics develops autonomus guided autos 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 autos.
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 Cell Platforms, Sensors / Sensing SystemsAscento affords autonomous outside safety patrol robots as a service.
AutoCoreEstimateSeries AChinaSoftwareAutoCore is a supplier of clever middleware for automotive appliations, together with autonomous autos.
Blue Ocean RobotEstimateSeries BChinaIndoor Cell Platforms, SoftwareBlue Ocean Robotic is a supplier of cellular robots and administration programs for logistics operations.
Bosin TechnologyEstimateSeries AChinaGantry RobotsBosin Expertise is a producer of professional quality gantry robotic programs.
CandelaEstimateOtherChinaIndoor Cell 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 programs.
Didi WoyaEstimateOtherChinaAutonomous Transportation Techniques, Sensors / Sensing Techniques, SoftwareDidi Woya develops applied sciences for self-driving autos.
Drobot$25,000OtherUSAIndoor Cell PlatformsDrobot is creating inexpensive autonomous cellular robots.
ecoRobotix$51,673,897Series BSwitzerlandSensors / Sensing SystemsecoRobotix gives AI powered plant-by-plant recognition and ultra-high precision crop therapy.
EnerComp Options$316,684SeedIndiaDrones, Operator Companies – UAVs, Knowledge 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 autos.
Freespace Robotics$250,000Pre-SeedUSAAutomated Storage & Retrieval SystemsFreespace Robotics is a warehouse automation firm that gives automated storage and retrieval programs.
Gaussian RoboticsEstimateOtherSingaporeIndoor Cell PlatformsGaussian Robotics produces autonomous ground cleansing robotics.
GITAI$28,715,666Series BJapanSensors / Sensing Techniques, Software program, ControllersGITAI develops distant managed robots to exchange astronaut’s operations in business house stations.
Hanyang Expertise$20,000,000Series AChinaOutdoor Cell 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 gives a computing platform for autonomous autos.
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 Automobiles, Operator Companies – UUVsHydromea gives submerged asset inspections providers utilizing distant managed underwater drone platforms.
i-KINGTECEstimateSeries CChinaDronesi-KINGTEC is a developer of clever industrial drones and UAV programs.
ideaForgeEstimateOtherIndiaDronesIdeaForge is a drone manucaturing firm for mapping, safety, and surveillance purposes.
Intramotev$200,000OtherUSAOutdoor Cell Platforms, Sensors / Sensing Techniques, SoftwareIntramotev manufactures autonomous battery-electric railcars.
KEMARO AGEstimateOtherSwitzerlandIndoor Cell PlatformsKEMARO AG produces autonomous cellular robots for industrial cleansing.
Kiwibot$6,083,498OtherUSAOutdoor Cell PlatformsKiwibot designs and manufactures a fleet of cellular robots used for meals supply on school campuses.
Kossi$14,470,523Series BChinaControllers, Actuators / Motors / Servos, Articulated RobotsKesi focuses on movement controllers and servo drives for robotics programs.
LoopXEstimateOtherCanadaSensors / Sensing Techniques, Controllers, SoftwareLoopX affords system options for autonomous autos, mining tools producers, and mining expertise corporations.
MeBotXEstimateSeries AChinaExoskeletonsMeBotX produces robotic exxoskeletons.
Miso RoboticsEstimateOtherUSAArticulated Robots, Different IndustrialMiso Robotics gives robotics and clever automation options to the business foodservice business.
Mocang Robotic$2,854,044SeedChinaIndoor Cell PlatformsMocang Robotics produces clever storage robots for warehouse operations.
Moon Surgical$55,400,000Series BFranceSurgical SystemsMoon Surgical develops surgical robotics programs 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 atmosphere, utilizing pc 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 autos that accumulate aerial intelligence.
RealmanEstimateSeries AChinaCollaborative RobotsRealman focuses on the analysis, improvement, manufacture, and advertising of ultra-lightweight humanoid robotic arms.
Saha Robotics$3,000,000SeedTurkeyIndoor Cell PlatformsSaha Robotics gives autonomous, cloud linked, cellular robots for supply purposes.
Seaweed Era$365,467OtherUKUnmanned Underwater VehiclesSeaweed Era is a developer of robotic applied sciences for seaweed cultivation programs..
Senior AutomationEstimateOtherChinaAutonomous Transportation SystemsSenior Automation focuses on the analysis and commercialization of driverless truck expertise for logistics purposes.
Slip Robotics$10,646,078OtherUSAIndoor Cell PlatformsSlip Robotics produces autonomous cellular robots used for unloading vehicles.
sliQue RoboticsEstimateSeedUSAIndoor Cell PlatformssliQue Robotics produces cellular autonomous robots for supply and cleansing purposes.
Sniffer RoboticsEstimateSeedUSAOperator Companies – UAVs, Knowledge Acquisition / Processing / ManagementSniffer Robotics gives drone primarily based providers for detecting land-based methane leaks and quantifying emissions.
SphairaEstimateOtherGermanyIndoor Cell 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 autos for protection and industrial purposes.
Vantage RoboticsEstimateOtherUSADronesVantage gives strong unmanned aerial autos to be used in purposes vital to nationwide safety and safe infrastructure administration.
Vemcon$6,435,351OtherGermanySensors / Sensing Techniques, Software program, ControllersVemcon produces machine management options – joysticks, cowl driver assistant programs, 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 programs and autonomous driving programs 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 Cell PlatformsXin Yihua (Sineva Robotic) affords autonomus, cellular robots for quite a lot of business and industrial duties.
Yunxiang CommercialEstimateSeedChinaIndoor Cell PlatformsYunxiang Industrial is a developer of business cleansing robots for indoor areas.
Zhihui RobotEstimateSeedChinaArticulated Robots, SoftwareZhihui Robotic provide robotics programs for spray portray purposes.
Zhiyuan RoboticsEstimateSeedChinaHumanoids / BipedsZhiyuan Robotics develops and produces general-purpose, clever, humanoid robots and different merchandise.
Firms primarily based in China acquired probably the most variety of rounds (23) and the best funding quantity (@ $257M). See Determine 1, beneath. Swiss companies additionally acquired substantial funding ($111M), adopted by Israel ($75M), Germany ($72M), and the USA ($70M).
Makers of options primarily based on autonomous cellular robots (AMRs) proceed to draw new funding. Might 2023 robotics investments have been notable for the massive variety of rounds into producers of AMR options., with funding quantities ranging broadly. Slip Robotics, Blue Ocean Robotic, PuduTech, Saha Robotics, Xin Yihua (Sineva Robotic), and Candela 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, Vantage Robotics, i-KINGTEC, and Quantum Techniques every acquired $20 million in funding, with many different corporations attracting lesser quantities.
Determine 1: Might 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 Robotic ($25M), AutoCore ($25M), Hanyang Expertise ($20M), Kossi ($14M), Voyager Expertise ($14M), and Human in Movement Robotics ($10M), function examples.
Determine 2: Might 2023 Robotics Funding Quantities by Funding Sort
Determine 3: Might 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 beneficial, it’s vital to wring out as a lot subjectivity as attainable in the course of 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. Buddies-and-family investments, authorities/non-governmental company grants, and crowd-sourced funding are excluded.
Robotics and clever programs 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 autos (together with applied sciences that assist autonomous driving) and drones are thought of robots, whereas 3D printers, CNC programs, and numerous varieties of “laborious” automation aren’t.
Firms which can be “robotic” in identify solely, or use the time period “robotic” to explain services that don’t allow or assist units 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 several nations. Firm areas given within the evaluation are primarily based on the publicly listed headquarters in authorized paperwork, press releases, and many others.
VerificationFunding data is collected from quite a lot of private and non-private sources. These embody press releases from companies and funding teams, company briefings, market analysis companies, and affiliation and business publications. As well as, data 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 aren’t supplied or are unclear.