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Robotics firms raised $749 million in December 2023 on account of 41 investments. You’ll be able to see every funding within the desk under or a PDF model right here. Robotics investments reached about $12.9 billion for 2023.
In December 2023, makers of autonomous cell robots for indoor purposes corresponding to e-commerce success have been properly represented. Examples embrace GreyOrange ($135M), Cyngn ($5M), Instock ($3.2M) and SWARM Robotics.
Firms producing cell techniques for outside use additionally acquired sizable rounds. For instance, Mu Qin Zhi Neng ($5M), Oak Heron Expertise ($2.5M), and Greenfield ($2M) all produce techniques for agricultural operations, whereas Gecko Robotics ($100M) offers robots for industrial inspection.
Robotics Investments – December 2023
CompanyAmount ($M)RoundCountry Tech-Prod-Companies
4AG RoboticsEstimateOtherCanadaLinear Robots, Gantry Robots
Agtonomy 22,500,000 Sequence AU.S.Sensors, Software program
B-Robotics 2,320,135 OtherSouth KoreaIndoor Cellular Robots
basecamp vascular 6,529,588 Sequence AFranceSurgical Robotics
Boonray Expertise 14,012,471 Sequence BChinaSensors, Software program
BotBuilt 12,400,000 SeedU.S.Engineering Companies
Clodot 8,458,223 OtherSouth KoreaSocial Robots
CYNGN 5,000,000 OtherU.S.Indoor Cellular Robots
Drone Geofencing 1,517,253 SeedFranceSoftware
FlightWin 14,140,111 Sequence BChinaDrones, Software program
Fontan RobotEstimateSeedChinaOther Industrial
Gecko Robotics 100,000,000 Sequence CU.S.Out of doors Cellular Robots
German Bionic 16,148,045 Sequence AGermanyExoskeletons
GREENFIELDEstimateOtherU.S.Out of doors Cellular Robots
GreyOrange 135,000,000 Sequence DU.S.Indoor Cellular Robots
Instock 3,200,000 SeedU.S.Indoor Cellular Robots
Invert Robotics 2,697,450 OtherNetherlandsOutdoor Cellular Robots
Nanjing Jingyao Clever Expertise (King Younger Tech) 14,126,608 Sequence AChinaVision & Imaging
Kusa TechnologyEstimateSeedChinaAutonomous Automobiles
Langhe Medical 13,933,398 Sequence CChinaSurgical & Laboratory Robots
Linebird 535,000 OtherU.S.Knowledge Acquisition
Mu Qin Zhi NengEstimateOtherChinaOutdoor Cellular Robots
Oak Heron TechnologyEstimateOtherChinaOutdoor Cellular Robots
OPiO 900,000 SeedU.S.Laboratory / Cleanroom
Oversonic RoboticsEstimateOtherItalyHumanoids
PaintJet 10,000,000 Sequence AU.S.Gantry Robots, Linear Robots
Phlux Applied sciences 75,000 SeedU.S.Sensors
Qiaotian IntelligentEstimateSeries AChinaEnd Effectors
Rightbot 6,250,000 SeedU.S.Articulated Robots, Sensors
Scewo 10,777,743 Sequence ASwitzerlandLifestyle Enhancement
Sea Machines14,100,000 OtherU.S.Sensors, Controlleres
Seasony 1,614,804 SeedDenmarkIndoor Cellular Robots, Linear Robots
Senta Robotic TechnologyEstimateOtherChinaArticulated Robots
Sentante 6,569,762 SeedLithuaniaSurgical Robotics
Defend AI 200,000,000 OtherU.S.Software program
SKYCORP Applied sciences 328,343 Pre-SeedEstoniaDrones
Skyline Robotics 6,450,000 SeedIsraelArticulated Robots
SWARM RoboticsEstimatePre-SeedSaudi ArabiaIndoor Cellular Robots
YardDrone 800,000 Pre-SeedIndiaDrones, Software program
Zhi’an New Vitality 13,941,945 Sequence AChinaPower Provides
Zhiyuan Robotics 84,781,687 Sequence AChinaHumanoids
As seen in Determine 2, U.S. firms acquired the best variety of rounds (14) and the best funding quantity ($512M). This determine was fueled by important outlays for Defend AI ($200M), a developer of an autonomy stack for plane operations, and Gecko Robotics ($100M). Chinese language corporations additionally acquired substantial funding ($170M, 12 firms), of which $85M went to Zhiyuan Robotics, a Shanghai-based developer of humanoid robots. Firms in Germany ($16M), Korea ($11M), and Switzerland ($11M), additionally acquired important rounds.
All funding varieties have been properly represented in December 2023 (Determine 3, under). For each the entire variety of investments and the general quantity of funding, most rounds and funding quantities fell into the ‘Different’ class, adopted by Sequence A funding rounds.
Complete robotics funding for 2023 equals roughly $12.9 billion (Determine 1, under). The typical month-to-month robotics funding over that interval equals about $1.07 billion. Funding in November 2023 was $418 million. You’ll be able to learn all The Robotic Report‘s funding protection right here.
Editor’s noteWhat defines robotics investments? The reply to this easy query is central in any try to quantify them with a point of rigor. To make funding analyses constant, repeatable, and beneficial, it’s crucial 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. Pals-and-family investments, authorities/non-governmental company grants, and crowd-sourced funding are excluded.
Robotics 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 providers 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 varied sorts of “exhausting” automation aren’t.
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 corporations 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 many others.
VerificationFunding data is collected from a number of 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 aren’t offered or are unclear.