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August 2023 Robotics Investments Complete US $2.1 Billion


September 2023 robotics funding totaled $1.84 billion, the results of 50 investments. Complete funding for the months of January 2023 by means of September 2023 equals roughly $10.7 billion.

September 2023 Robotics Investments Total $1.84 Billion

Robotics funding for the month of September 2023 totaled $1.84 billion, the consequence of fifty investments (See Desk 1 under or obtain Desk 1 HERE). Complete funding for the months of January 2023 by means of September 2023 equals roughly $10.7 billion.


Desk 1: September 2023 Robotics Funding and Funding

Firm Identify Quantity Sort Nation Tech-Prod-Providers Description
AeroVironment $109,007,119 Different USA Drones AeroVironment makes a speciality of unmanned plane methods and electrical automobile charging options.
Agora Robotics Estimate Pre-Seed Romania Indoor Cellular Robots Agora Robotics gives straightforward to make use of, autonomous cellular robots.
AIS Discipline Estimate Seed Turkey Unmanned Underwater Autos, Different Industrial Techniques AIS Discipline gives a variety of robotic inspection and upkeep providers for the oil and fuel, vitality and energy technology industries..
Anqing Know-how Estimate Different China Software program Anqing Know-how is a supplier of UAV site visitors administration providers and gear, in addition to secure autonomous flight know-how.
Ascento $4,300,000 Pre-Seed Switzerland Outside Cellular Robots Ascento produces a compact and agile leaping robotic designed for combined environments.
Aurrigo Worldwide $901,000 Different United Kingdom Indoor Cellular Robots, Outside Cellular Robots, Autonomous Transportation Techniques Aurrigo develops autonomous automobiles for airport baggage/cargo dealing with, safety/patrol and passenger actions.
AutoCore Estimate Sequence B China Software program AutoCore is a supplier of clever mobility software program, automotive electrical, and digital structure options.
Benmo Know-how (Direct Drive Tech) Estimate Sequence A China Actuators / Motors / Servos Benmo Know-how affords direct-drive energy options to suppliers of robotics methods, train gear, and different merchandise.
Blue Ocean Robotic $13,704,262 Sequence C China Indoor Cellular Robots, Autonomous Forklifts Blue Ocean Robotic is a supplier of autonomus cellular robots and administration methods.
Boxbot $12,000,000 Sequence A USA Automated Storage & Retrieval Techniques Boxbot gives storage and retrieval system that adapts to various cubic dimensions.
Calyo $1,634,079 Different Metropolis of Sensors/Sensing Techniques Calyo is creating 3-D ultrasound sensor know-how to be used in extremely automated automobiles and platforms.
Cambrian Intelligence $2,999,998 Different United Kingdom Sensors/Sensing Techniques, Video/Imaginative and prescient/Imaging Cambrian Intelligence affords visioning know-how for robotics methods.
Changguangxi Clever Manufacturing $13,705,013 Sequence A China Collaborative Robots, Articulated Robots Changguangxi Clever Manufacturing focuses on the design and manufacturing of robots, clever movement applied sciences, and different gadgets.
CMR Surgical $163,948,774 Sequence D United Kingdom Surgical/Interventional Techniques CMR Surgical develops a surgical robotic system for minimal entry surgical procedure.
Deveron UAS $1,486,712 Different Canada Operator Providers – Drones, Information Acquisition/Processing/Administration Deveron UAS is a one-stop full-service UAS firm that makes use of knowledge produced by imagery and software program analytics.
Diamon Robotics (Daimeng Robotic) Estimate Different China Humanoids/Bipeds Daimeng Robotic is making a collection of general-purpose humanoid robots.
Dilberg (DareRobot) Estimate Different China Articulated Robots Dilberg (DareRobot) gives robotics methods for heavy industrial manufacturing operations.
Diligent Robotics $25,000,000 Different USA Humanoids/Bipeds Diligent Robotics develops humanoid robotic assistants for work within the heathcare sector.
Driveblocks $2,355,586 Seed Germany Software program Driveblocks affords a mapless autonomy platform that allows heavy obligation automobiles to detect objects and understand their sourrounding with out counting on high-definition maps.
Eyebot $1,000,000 Pre-Seed USA Different Industrial Techniques Eyebot is creating fast imaginative and prescient examination applied sciences for eyeglass.
FERNRIDE $19,000,000 Sequence A Germany Autonomous Transportation Techniques FERNRIDE gives autonomous, electrical trucking options.
Flygildi ehf $2,200,000 Seed Iceland Drones Silent Flyer affords a flapping-wing bird-like drone with wings that may morph their form throughout flight and fold into the physique.
GL INS Estimate Seed South Korea Articulated Robots, Collaborative Robots GL INS is an organization specializing within the improvement of business robots, industrial modules and automation amenities.
Gugong Robotic Estimate Different China Indoor Cellular Robots, Exoskeletons Gongong Robotic is a producer of robotics options for the development sector.
Hong Jing Drive $13,755,536 Sequence B China Microcontrollers/Microprocessors/SoC, Software program, Sensors/Sensing Techniques Hong Jing Drive gives a computing platform for autonomous driving automobiles.
insideFPV $422,289 Seed India Drones insideFPV gives custom-made able to fly First Particular person View (FPV) drones.
Kodiak Robotics $75,000,000 Different USA Software program, Sensors/Sensing Techniques Kodiak Robotics develops autonomous know-how for long-haul trucking.
Loop Know-how Estimate Seed United Kingdom Consulting/Engineering, Articulated Robots, Sensors/Sensing Techniques Loop Know-how gives industrial automation services.
Miso Robotics $551,384 Different USA Articulated Robots, Sensors/Sensing Techniques Miso Robotics gives robotics and clever automation options to the business meals service trade.
Monumental Labs Estimate Seed USA Articulated Robots, Sensors/Sensing Techniques, Software program Monumental Labs is constructing AI-enabled robotic stone carving factories.
Mujin $85,000,000 Sequence C Japan Articulated Robots, Controllers, Sensors/Sensing Techniques Mujin affords automation options and industrial robots to for manufacturing facility and logistics operations.
NakAI Robotics Estimate Seed Israel Unmanned Underwater Autos NakAI Robotics affords an underwater robotic that cleans ships’ hulls whereas the vessel is in movement.
Nauticus Robotics $20,000,000 Different USA Unmanned Underwater Autos, Consulting/Engineering Nauticus Robotics gives unmaned underwater automobiles and engineering providers.
OnSight Estimate Seed USA Outside Cellular Robots OnSight produces an autonomous and teleoperated unmanned floor automobile (UGV) that detects, stories, and observes points and anomalies on photo voltaic farms.
Perceptual Robotics Estimate Different Metropolis of Drones, Operator Providers – Drones, Information Acquisition/Processing/Administration Perceptual Robotics gives clever automation options based mostly on unmanned aerial methods for wind turbine and different infrastructure inspection.
Puncture Robotic $13,618,412 Sequence A China Surgical/Interventional Techniques Puncture Robotic develops venipuncture robots that assist in conducting blood assortment with out human intervention.
Q-Bot $4,371,366 Different United Kingdom Indoor Cellular Robots Q-Bot produces cellular robots that spray insulation below flooring.
REEV $3,190,508 Seed France Prosthetic/Orthotic Techniques, Rehabilitation/Therapeutic Techniques, Exoskeletons REEV provdes light-weight and clever wearable robotic orthoses offering knee help whereas strolling, sitting, standing and climbing stairs.
Robocon $11,000,000 Different South Korea Articulated Robots Robocon is a developer of robotics and automation gear designed for the manufacturing of rebar for the development and metal industries.
Protect AI $150,000,000 Different USA Drones, Software program Protect AI affords an AI pilot for plane and autonomus aerial automobiles.
silana Estimate Seed Austria Articulated Robots, Video/Imaginative and prescient/Imaging silana is creating robotics and different applied sciences that automate handbook stitching processes.
Sojo Industries $2,800,000 Seed USA Articulated Robots, System Integration/Programming Sojo Industries develops robotic meeting and packaging options for the meals and beverage industries.
Sq. Robotic $5,000,000 Different USA Unmanned Underwater Autos Sq. Robotic builds robotic methods for submerged oil and fuel inspections in above floor storage tanks.
Stack AV $1,000,000,000 Different USA Software program, Sensors/Sensing Techniques, Microcontrollers/Microprocessors/SoC Stack AV develops superior autonomous methods applied sciences for the trucking trade.
Tethys Robotics $164,445 Different Switzerland Unmanned Underwater Autos Tethys Robotics develops underwater drones that allow underwater search & restoration to inspection & surveillance.
Treeswift $10,811,986 Different USA Drones, Information Acquisition/Processing/Administration Treeswift makes use of robotics and machine studying for forestry functions.
UnitX Estimate Different USA Sensors/Sensing Techniques, Video/Imaginative and prescient/Imaging, Software program UnitX gives AI-powered machine imaginative and prescient options for the manufacturing trade.
Digital Incision $30,000,000 Sequence C USA Surgical/Interventional Techniques Digital Incision develops a miniaturized surgical robotic assist gadget for colon resection.
Waste Robotics $7,308,199 Different Canada Video/Imaginative and prescient/Imaging, Sensors/Sensing Techniques, Arms/Manipulators Waste Robotics designs and delivers clever robots to be used in recycling centres.
Zhuji Dynamics $120,000 Pre-Seed China Quadrupeds, Humanoids/Bipeds Zhuji Dynamics affords leggd robotics methods.


Firms positioned within the USA, China and Israel obtained probably the most rounds and probably the most funding quantities, dwarfing different international locations (Determine 1, under). Firms based mostly within the USA obtained nearly all of the rounds (23), which resulted in a complete funding influx of $537 million. Corporations based mostly in China attracted $141 million in funding (coming from 17 investments), whereas 4 investments in Israeli corporations accounted for $94M in funding.

The varieties of companies and their choices assorted broadly among the many funded corporations. As traditional, corporations providing robotic surgical methods and enabling applied sciences attracted sizable rounds. CMR Surgical ($164 million) and Digital Incision ($30 million) function examples.

Additionally in step with 2023 funding developments, suppliers of self-driving software program and {hardware} options for autonomous transportation, additionally obtained substantial funding. Stack AV ($1 billion), Kodiak Robotics ($75 million), FERNRIDE ($19 million) and AutoCore ($10 million), exemplify.

Firms providing unmanned aerial automobiles (drones), often coupled with drone enabled knowledge and analytics providers, proceed to obtain sizable funding rounds. These suppliers sometimes give attention to surveying and inspection functions for his or her choices, with building, agriculture, utilities and vitality sectors because the goal markets. Suppliers providing options to the protection and safety sectors additionally attracted funding. Examples embrace AeroVironment ($109M), Treeswift ($11M), Protect AI ($150M), and Perceptual Robotics ($3M).


September 2023 Robotics Investments

Determine 1: September 2023 Robotics Funding by Nation


For each the full variety of investments and the full quantity of funding, most funding fell below the aegis of ‘Different’, a catchall descriptor for investments that don’t embrace the everyday levels of funding that companies undergo earlier than their preliminary public providing (ex. Seed rounds adopted by Sequence A, B, C, D and E funding). A single Sequence D spherical (CMR Surgical, $164M) accounted for about 9% of Septembers 2023’s funding totals.


September 2023 Robotics Investments

Determine 2: September 2023 Robotics Funding Quantities by Funding Sort


September 2023 Robotics Investments

Determine 3: September 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 and quantify them with a point of rigor. To make funding analyses constant, repeatable, and worthwhile, it’s vital 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 Investing
Funding ought to come from enterprise capital companies, company funding teams, angel buyers, and different sources. Buddies-and-family investments, authorities/non-governmental company grants, and crowd-sourced funding are excluded.

Robotics and Clever Techniques Firms
Robotics 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 assist autonomous driving) and drones are thought of robots, whereas 3D printers, CNC methods, and numerous varieties of “laborious” automation are usually not.

Firms which are “robotic” in identify solely, or use the time period “robotic” to explain services that don’t allow or assist units performing within the bodily world, are excluded. For instance, this consists of “software program robots” and robotic course of automation. Many companies 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 so forth.

Verification
Funding info is collected from a lot of private and non-private sources. These embrace press releases from companies and funding teams, company briefings, market analysis companies, and affiliation and trade publications. As well as, info comes from periods 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 supplied or are unclear.

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