Robotics funding for July 2023 reached $1.9 billion, coming from 48 funding rounds. As of the top of July, complete 2023 funding involves roughly $8 billion.
July 2023 robotics funding equaled $1.96 billion, the results of 48 investments (See Table 1 under or obtain Table 1 HERE). Total 2023 funding for the months of January via July involves roughly $8 billion.
Table 1: July 2023 Robotics Funding and Investment
| Company Name | Amount | Type | Country | Tech-Prod-Services | Description | ||
|---|---|---|---|---|---|---|---|
| Asensus Surgical | $10,000,000 | Other | USA | Surgical / Interventional Systems | Asensus Surgical presents an built-in digital surgical procedure answer which incorporates the surgical robotic platform Luna. | ||
| Astrobotic Technology | $34,600,000 | Other | USA | Outdoor Mobile Platforms, Other Education / Research | Astrobotic Technology produces house robotics methods.. | ||
| Aurora | $820,000,000 | Other | USA | Sensors / Sensing Systems, Software, Video / Vision / Imaging | Aurora produces self-driving know-how for a number of car varieties, from freight-hauling vehicles to ride-hailing passenger ones. | ||
| Aventurier | Estimate | Other | China | Indoor Mobile Platforms | Aventurier gives business cleansing robots. | ||
| Bedrock Ocean Exploration | $25,500,000 | Series A | USA | Unmanned Underwater Vehicles, Operator Services, Data Acquisition / Processing / Management | Bedrock Ocean Exploration gives seafloor information companies utilizing moveable, autonomous underwater autos. | ||
| Beixin Smart | Estimate | Other | China | Indoor Mobile Platforms | Beixin Smart presents cell robotics methods and different applied sciences for industrial functions. | ||
| BOTINKIT | $13,000,000 | Series A | China | Other Commercial | BOTINKIT is creating the primary robot-based digital meals ecosystem on this planet. | ||
| CloudMinds | $137,927,229 | Series C | China | Software, Humanoids / Bipeds, Indoor Mobile Platforms | CloudMinds develops an end-to-end ecosystem to help cloud related robots and good machines. | ||
| Collaborative Robotics | $30,000,000 | Series A | USA | Indoor Mobile Platforms, Outdoor Mobile Platforms | Collaborative Robotics is constructing a versatile mobility platform designed to resolve all kinds of indoor and outside duties. | ||
| Cyber Surgery | Estimate | Other | Spain | Surgical / Interventional Systems | Cyber Surgery gives a robotic navigation answer for spinal procedures. | ||
| DOGU | Estimate | Series A | South Korea | Indoor Mobile Platforms, Outdoor Mobile Platforms | DOGU is a robotics analysis & growth firm that gives cell robotics options for safety and functions. | ||
| DRB | Estimate | Other | Italy | Drones, Operator Services, Data Acquisition / Processing / Management | DRB gives autonomous drone inspection companies. | ||
| DRONAMICS | $2,245,684 | Seed | UK | Drones | DRONAMICS develops unmanned aerial methods for delivery business and particular cargo functions. | ||
| Ehang | $23,000,000 | Other | China | Drones | Ehang is an autonomous aerial car (“AAV”) know-how platform firm. | ||
| EVAR | $16,799,728 | Series B | South Korea | Indoor Mobile Platforms | EVAR gives an EV charging answer enabled by an autonomous cell robotic. | ||
| Verity | $11,000,000 | Series B | Switzerland | Drones, Data Acquisition / Processing / Management | Verity automates stock checks in warehouses and DCs utilizing autonomous droness. | ||
| Figure | $9,000,000 | Other | USA | Humanoids / Bipeds | Figure Robotics is an AI robotics firm that builds a multi-purpose humanoid robots. | ||
| ForwardX Robotics | $27,908,404 | Series C | China | Indoor Mobile Platforms, Forklift AGVs, Automated Storage & Retrieval Systems | ForwardX Robotics focuses on R&D of pc imaginative and prescient robots that apply to client and enterprise merchandise. | ||
| HoloMatic | $41,780,984 | Series C | China | Sensors / Sensing Systems, Software, Video / Vision / Imaging | HoloMatic is a autonomous driving know-how start-up that gives auto-driven autos primarily based on AI and automotive tech. | ||
| insideFPV | $332,251 | Seed | India | Drones | insideFPV gives custom-made, able to fly FPV drones. | ||
| iotaMotion | $12,000,000 | Series A | USA | Surgical / Interventional Systems | IotaMotion is a medical know-how firm growing robotics-assisted options for cochlear implant surgical procedure. | ||
| iRobot | $200,000,000 | Other | USA | Indoor Mobile Platforms | iRobot produces client robotics options for residence/garden/pool maintance work. | ||
| Koop Technologies | $4,000,000 | Seed | USA | Services – Legal | Koop is an insurance coverage know-how firm specializing in autonomous autos, robotics, and machine-centric dangers. | ||
| Lyncon | Estimate | Series D | China | Operator Services, Data Acquisition / Processing / Management | Lyncon produces drones and presents drone enabled companies. | ||
| NEURA Robotics | $62,561,828 | Other | Germany | Collaborative Robots, Indoor Mobile Platforms | Neura Robotics develops cognitive robotic methods that may be utilized in each industrial and business settings. | ||
| Optimotive | $1,000,000 | Seed | Canada | Outdoor Mobile Platforms | Optimotive produces wheeled autonomous robots centered on automating information assortment in muddy, dusty and in any other case unpredictable environments | ||
| Orion Labs | $5,000 | Other | USA | Sensors / Sensing Systems, Software | Orion Labs is an utilized robotic analysis establishment centered on making use of machine studying to beat robotics challenges. | ||
| Oversonic Robotics | $5,570,279 | Seed | Italy | Humanoids / Bipeds | Oversonic gives cognitive computing methods for robots and is growing a humanoid robotics platform. | ||
| Puncture Robotic | $13,837,000 | Series A | China | Collaborative Robots, Sensors / Sensing Systems | Puncture Robotic develops venipuncture robots that assist in conducting blood assortment with out human intervention. | ||
| RoboDeck | $2,000,000 | Seed | Israel | Outdoor Mobile Platforms | RoboDeck is growing an autonomous robotic for cleansing and marking outside wood decks | ||
| Robosense | $164,054,206 | Series G | China | Sensors / Sensing Systems | Robosense gives sensing options for autonomous driving. | ||
| Robros | $1,243,539 | Seed | South Korea | Articulated Robots | Robros develops robotics know-how for meals dealing with duties.. | ||
| Seegrid | $15,999,998 | Other | USA | Indoor Mobile Platforms | Seegrid is a supplier of autonomous cell robots (AMRs) and enterprise software program for materials dealing with. | ||
| Senior Automation | Estimate | Other | China | Autonomous Transportation Systems | Senior Automation is a know-how firm that focuses on the analysis and commercialization of logistics truck driverless know-how | ||
| Simbe Robotics | $28,000,000 | Series B | USA | Indoor Mobile Platforms, Sensors / Sensing Systems | Simbe Robotics builds robotics options for shelf auditing and analytics. | ||
| Sinovation Medical | $13,993,059 | Series D | China | Articulated Robots, Sensors / Sensing Systems, Video / Vision / Imaging | Sinovation Medical is growing a robotic, minimally invasive neurosurgery system. | ||
| sliQue Robotics | Estimate | Seed | USA | Indoor Mobile Platforms | sliQue Robotics develops cell robots and different applied sciences for numerous business sectors. | ||
| Sum | Estimate | Seed | South Korea | Microcontrollers / Microprocessors / SoC, Software | SUM is a self-driving know-how start-up comprised of serious professionals. | ||
| Suzhou Aijiwei Robot | $13,912,462 | Other | China | Automated Guide Vehicles (AGVs), Indoor Mobile Platforms | Suzhou Aijiwei Robot develops automated guided autos (AGV) to facilitate warehousing operations. | ||
| Syrius Robotics | $13,797,861 | Other | China | Indoor Mobile Platforms | Syrius Robotics develops autonomous cell robots with a self-developed operational system, software program platform, and AIoT cloud service. | ||
| Telexistence | $159,747,626 | Series B | Japan | Indoor Mobile Platforms | Telexistence supply autonomous cell robots for retail operations. | ||
| Tusk Robots | Estimate | Series A | China | Indoor Mobile Platforms, Automated Guide Vehicles | Tuskrobots develops AMR/AGVs that automate pallet motion. | ||
| Vividobots | Estimate | Seed | India | Outdoor Mobile Platforms | Vividobots is growing an autonomous robotic answer for exterior portray of excessive rise buildings. | ||
| Voyant Photonics | $3,193,224 | Other | USA | Sensors / Sensing Systems, Microcontrollers / Microprocessors / SoC | Voyant Photonics manufactures LIDAR-on-a-chip options to carry out 3D sensing, measure vary, velocity, and reflectivity. | ||
| Yihang.ai | Estimate | Other | China | Sensors / Sensing Systems, Software | Yihang.ai manufactures autonomous driving methods. | ||
| Zozen | Estimate | Series B | China | Surgical / Interventional Systems | Zozen specializes within the growth of spinal minimally invasive surgical robots. | ||
| ZS Robotics | Estimate | Other | China | Automated Storage & Retrieval Systems | ZS Robotics produces clever robotic storage options. | ||
Companies primarily based in China obtained nearly all of the rounds (18), which resulted in a complete funding influx of $501 million (Figure 1, under). Firms primarily based within the USA attracted $1.2 billion in funding (coming from 14 rounds), with funding into autonomous car know-how supplier Aurora accounting for $820 million of that sum. Japan’s Telexistence, a supplier of autonomous cell robots for retail operations, attracted $160 million in funding. This single funding propelled Japan into third place amongst nations for complete July 2023 funding quantities.
In conserving with properly established robotics funding tendencies, suppliers of self-driving software program and {hardware} options for autonomous transportation secured sizable funding quantities. Examples embody Aurora ($820M), Robosense ($164M), and HoloMatic ($48M).
July 2023 robotics investments have been notable for the massive variety of rounds into producers of AMR options. Collaborative Robotics ($30M), Seegrid ($16M), Suzhou Aijiwei Robot ($14M), and Syrius Robotics ($14M) function examples.
Providers of drones, drone enabled analytic companies and enabling applied sciences additionally proceed to draw the eye of the funding group. For instance, Ehang ($23M), Verity ($11M), Lyncon ($5M) and others obtained rounds.
Figure 1: July 2023 Robotics Investment by Country
June 2023 robotics investments have been atypical in that almost all funding fell underneath the aegis of ‘Other’, a catchall descriptor for investments that don’t embody the standard phases of funding that companies undergo earlier than their preliminary public providing (ex. Seed rounds adopted by Series A, B, C, D and E funding).
Figure 2: July 2023 Robotics Funding Amounts by Investment Type
Figure 3: July 2023 Robotics Funding Amounts by Investment Number and Amounts
Editor’s word: What defines robotics investments? The reply to this easy query is central in any try and quantify them with a point of rigor. To make funding analyses constant, repeatable, and invaluable, it’s vital to wring out as a lot subjectivity as attainable throughout 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 companies, 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 methods 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 companies supporting robotics units. For this evaluation, autonomous autos (together with applied sciences that help autonomous driving) and drones are thought-about robots, whereas 3D printers, CNC methods, and numerous kinds of “hard” automation should not.
Companies which are “robotic” in title solely, or use the time period “robot” to explain services that don’t allow or help units performing within the bodily world, are excluded. For instance, this consists of “software robots” and robotic course of automation. Many companies have a number of areas in several nations. Company areas given within the evaluation are primarily based on the publicly listed headquarters in authorized paperwork, press releases, and so on.
Verification
Funding info is collected from various private and non-private sources. These embody press releases from companies and funding teams, company briefings, market analysis companies, and affiliation and business publications. In addition, info comes from periods at conferences and seminars, in addition to throughout personal interviews with business representatives, buyers, and others. Unverifiable investments are excluded and estimates are made the place funding quantities should not offered or are unclear.