February 2020 investments movement to industrial, discipline robots

By Dan Kara | January 31, 2023

Robotics investments for the month of December 2022 totaled US $1.14B (See Table 1, under). This determine was the results of 55 investments, and represents a 7.7% enhance over December 2021’s funding complete of $1.06B (representing 65 investments).

December 2022 funding into corporations offering robotics options for autonomous floor transportation reminiscent of sensors, autonomy ‘stacks’ and ‘drivers’, and entire fabric programs, was strong (Einride, Helm.ai, Jiuyao Intelligent, Kuandeng, Kodiak Robotics, PhiGent Robotics, and Fixposition present examples). Firms offering services for industrial inspection, mapping and surveying additionally attracted stable funding quantities (Energy Robotics, Flybotix, and Exyn Technologies, for instance).

Companies growing robotic interventional programs, primarily surgical platforms, have been nicely represented (i.e. LEM Surgical, Ronovo Surgical, and Sinovation Medical), in addition to builders of discipline robotics options reminiscent of Scythe Robotics and Naïo Technologies.

Table 1: December 2022 Robotics Funding and Investment

As described in Figure 1, China and the USA obtained the majority of the funding rounds. The similar holds for the overall quantity of December 2022 funding, except outlier Sweden which was buoyed by a whole bunch of tens of millions poured in Swedish agency Einride, a producer of driverless electrical vans.

Figure 1: December 2022 Robotics Investment by Country

December 2022 funding and funding sorts adopted a well-known sample, with quite a few early stage investments, and with giant investments coming in later rounds or by different means.

Figure 2: December 2022 Robotics Funding Amounts by Investment Type

Editors’ word: What defines robotics investments? The reply to this straightforward query is central in any try to quantify them with a point of rigor. To make funding analyses constant, repeatable, and invaluable, 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.

Investors and investing
Investment ought to come from enterprise capital corporations, company funding teams, angel buyers, and different sources. Friends-and-family investments, authorities/non-governmental company grants, and crowd-sourced funding are excluded.

Robotics and clever programs corporations
Robotics 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 providers supporting robotics units. For this evaluation, autonomous automobiles (together with applied sciences that assist autonomous driving) and drones are thought-about robots, whereas 3D printers, CNC programs, and varied kinds of “hard” automation aren’t.

Companies which are “robotic” in identify solely, or use the time period “robot” to explain services that that don’t allow or assist units appearing within the bodily world, are excluded. For instance, this consists of “software robots” and robotic course of automation. Many corporations have a number of areas in numerous international locations. Company areas given within the evaluation are based mostly on the publicly listed headquarters in authorized paperwork, press releases, and so on.

Verification
Funding data is collected from a variety of private and non-private sources. These embody press releases from companies and funding teams, company briefings, imarket analysis corporations, and affiliation and trade publications. In addition, data 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 aren’t supplied or are