-2.2 C
United States of America
Thursday, January 9, 2025

Robotics investments high $7.4B in October 2024


Robotics investments topped $7.4 billion for the month of October 2024, the results of 77 funding rounds. The funding whole was led by Waymo’s $5.6 billion elevate, which is the most important single spherical of the yr by way of November.

October’s whole was the most important by way of the primary 10 months of the yr. The earlier month-to-month excessive was the $3.7 billion raised in September 2024. The entire funding for the interval of January by way of October 2024 was greater than $20 billion.

Builders of autonomous driving applied sciences as soon as once more dominated the listing of largest investments for the month. Along with Waymo, WeRide ($320 million), Didi Woya ($298 million), Outrider ($62 million), and Vay ($37 million) additionally scored vital investments.

Waymo raised the $5.6 billion because it continues to scale its robotaxi service. Waymo is now offering 150,000-plus paid robotaxi rides per week throughout its early rider service in Austin and public companies in Los Angeles, Phoenix, and San Francisco. Waymo additionally just lately introduced its robotaxis are headed to Miami and Tokyo in 2025.

Builders of autonomous cellular robots, for a wide range of purposes, additionally fared effectively in October 2024. Examples embody Dexory ($80 million), Carbon Robotics ($70 million), UBTech Robotics ($56 million), Simbe Robotics ($50 million), and FarmDroid ($11 million).

Firms situated in america and China obtained nearly all of the October 2024 funding rounds with 25 and 21, respectively. Firms primarily based in america, propelled by Waymo’s $5.6 billion in funding, attracted essentially the most funding with roughly $6.4 billion, whereas corporations in China secured about $873 million.

October 2024 Robotics Investments

Firm Quantity Spherical Nation Tech
3Laws Robotics $4,100,000 Seed USA Software program
Adapta Robotics $2,221,008 Different Romania Robotic Arms
AdEchoTech $4,376,660 Different France Cellular Robots
Aereo $1,800,000 Collection B India Drones
Agtonomy $10,000,000 Collection A USA Sensors
AirForestry $11,261,606 Seed Sweden Drones
ALBA Robotic $1,298,118 Different Italy Indoor Cellular Robots
BharatRohan Estimate Different India Drones
BionicM $3,000,000 Different Japan Prosthetics
Bioyond Tech $11,234,219 Collection A China Laboratory / Cleanroom
Blue Sky Robotics Estimate Pre-Seed USA Collaborative Robots
Blueflite Estimate Different USA Drones
Botsync $350,000 Collection A Singapore Indoor Cellular Robots
Carbon Robotics $70,000,000 Collection D USA Outside Cellular Robots
ChangingTek Estimate Collection B China Movement Management
Corvus Robotics $18,000,000 Collection A USA Drones
Deep-fusion AI Estimate Seed Korea Sensors
Deepwater Robotics $25,000 Different Canada Underwater Drones
Dexory $80,000,000 Collection B UK Indoor Cellular Robots
Didi Woya $298,000,000 Collection C China Autonomous Automobiles
DR Drive Firm $378,995 Seed Korea Movement Management
Eight Knot $3,823,252 Seed Japan Sensors
FarmDroid $11,603,035 Different Denmark Outside Cellular Robots
Firestorm $20,000,000 Collection A USA Drones
Formic Applied sciences Estimate Different USA Software program
GITAI $15,500,000 Collection B USA Articulated Robots, Outside Cellular Platforms
Glidance Estimate Pre-Seed USA Assistive
H-Medic Gear $145,085 Seed China Movement Management
Hivebotics Estimate Seed Singapore Indoor Cellular Robots
Horizon Surgical Methods $30,000,000 Collection A USA Surgical Robots
Huiyue Medical $2,000,000 Seed China Surgical Robots
Innok Robotics $2,367,362 Different Germany Cellular Robots
Jushi Intelligence $1,412,210 Seed China Humanoids
Kraken Robotics $33,346,919 Different Canada Unmanned Underwater Automobiles, Sensors / Sensing Methods
Kusa Know-how $1,129,975 Seed China Autonomous Automobiles
Kyte Dynamics $145,085 Seed USA Drones
Lanjiang Know-how Estimate Collection A China Outside Cellular Robots
Ligong Huahui Estimate Collection A China Humanoids
Lingsheng Know-how Estimate Seed China Software program
LoopX $815,147 Seed Canada Sensors
Mantis Robotics $7,318,618 Different USA Collaborative Robots
MAXIEYE Automotive Know-how $80,111,313 Different China Sensors
MOLG $5,500,000 Seed USA Engineering
Movement Controls Robotics Estimate Different USA Engineering
Nimble Robotics $106,000,000 Collection C USA Collaborative Robots
NingBo HS-Energy Drive Know-how $14,110,741 Collection A China Movement Management
Origin Robotics $1,728,097 Different Latvia Drones
Origin Robotics $2,596,725 Pre-Seed Latvia Drones
Outrider $62,000,000 Collection D USA Autonomous Automobiles
Path Robotics $100,000,000 Collection D USA Welding Robots
Perceptyne Robots $2,973,734 Seed India Humanoids
Picnic $5,000,000 Different USA Different Business
PROCEPT BioRobotics $175,000,000 Different USA Surgical Robots
Qianjue Robotic Estimate Seed China Software program
Qingchuan Clever Estimate Collection A China Movement Management
RideFlux $18,867,780 Collection B Korea Software program
RoboCrop Estimate Different Eire Sensors
Robotic Period $42,147,855 Seed China Humanoids
Protect AI Estimate Different USA Software program
Simbe Robotics $50,000,000 Collection C USA Indoor Cellular Robots
Social {Hardware} Worldwide $381,066 Seed India Outside Cellular Robots
Sonair $1,600,000 Different Norway Sensors
Third Wave Automation $27,000,000 Collection C USA Sensors
Tim Robotics Estimate Seed Korea Autonomous Forklifts
UBTech Robotics $56,084,745 Different China Indoor Cellular Robots
Vay $36,928,504 Different Germany Autonomous Automobiles
Volatus Aerospace $10,862,206 Different Canada Software program
Voliro $12,000,000 Collection A Switzerland Drones
Waymo $5,600,000,000 Collection C USA Autonomous Automobiles
Weier Know-how Estimate Collection A China Outside Cellular Robots
WeRide $320,500,000 Different China Autonomous Automobiles
xRobotics Estimate Different USA Different Business
YardStick Robotics $1,523,508 Different Germany Collaborative Robots
Yunxin Robotics $1,404,692 Seed China Collaborative Robots
Zhuling Know-how $10,000,000 Seed China Indoor Cellular Robots
Zhuoyide Robotics $14,110,741 Different China Humanoids
Zio Robotic $145,085 Seed Korea Indoor Cellular Robots

What defines robotics investments?
The reply to this query is central in any try and quantify them with some extent of rigor. To make funding analyses constant, repeatable, and beneficial, it’s important to wring out as a lot subjectivity as doable through the analysis course of. This begins with a definition of phrases and an outline of assumptions.

Investments
Robotics investments 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 crowdsourced funding are excluded.


SITE AD for the 2025 Robotics Summit registration.
Register in the present day to save lots of 40% on convention passes!


Robotics 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 companies supporting robotics gadgets. For this evaluation, autonomous autos (together with applied sciences that assist autonomous driving) and drones are thought-about robots, whereas 3D printers, CNC programs, and varied sorts of “onerous” automation are usually not.

Firms which are “robotic” in title solely, or use the time period “robotic” to explain services that don’t allow or assist gadgets appearing within the bodily world, are excluded. For instance, this consists of “software program robots” and robotic course of automation. Many corporations have a number of places in several international locations. Firm places given within the evaluation are primarily based on the publicly listed headquarters in authorized paperwork, press releases, and many others.

Verification
Funding info is collected from a number of private and non-private sources. These embody press releases from companies and funding teams, company briefings, market analysis corporations, and affiliation and business publications. As well as, info comes from classes at conferences and seminars, in addition to throughout non-public interviews with business representatives, traders, and others. Unverifiable investments are excluded and estimates are made the place funding quantities are usually not supplied or are unclear.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles