March 2023 Robotics Investments Complete US $526 Million



Robotics funding for April 2023 amounted to $1.63B, the results of 47 funding rounds. Complete robotics funding for 2023 equals roughly $3.3B.

April 2023 Robotics Investments Total $1.63 Billion

April 2023 robotics funding equaled $1.63B (See Desk 1, under or obtain Desk 1 HERE), the results of 47 investments. The April investments convey the 2023 robotics funding totals to roughly $3.3B.

Desk 1: April 2023 Robotics Funding and Funding

Firm Title Quantity Kind Nation Tech-Prod-Companies Description
42dot $782,791,615 Different South Korea Autonomous Transportation Programs 42dot affords self-driving software program and {hardware} options that allow and help autonomous mobility.
aiEndoscopic $557,040 Seed Switzerland Surgical / Interventional Programs aiEndoscopic is growing robotics methods for endoscopic tracheal intubation.
allocortech $75,000 Grant USA Actuators / Motors / Servos, Controllers Allocortech supplies merchandise for avionics, management methods, and normal embedded methods for UAS and UAM plane functions.
ARTIAL $120,000 Pre-Seed USA Operator Companies, Information Acquisition / Processing / Administration ARTIAL supplies drone-based inspection options for the development, power, and infrastructure sectors.
Baraja Estimate Different Australia Sensors / Sensing Programs Baraja produces LiDAR applied sciences for self-driving automobiles.
Bottobo $1,000 Seed Turkey Indoor Cell Platforms Bottobo produces totally automated and self-contained warehouse robots and clever methods.
Carbon Robotics $30,000,000 Collection C USA Outside Cell Platforms, Sensors / Sensing Programs Carbon Robotics develops robots for agriculture-related functions.
Covariant $75,000,000 Collection C USA Software program, Sensors / Sensing Programs Covariant supplies numerous software program options that automate pick-and-place processes at warehouses and achievement facilities.
Crow Industries $120,000 Pre-Seed USA Outside Cell Platforms Crow Industries supplies robotics enabled geomatics companies to the mining business.
Daedalean Estimate Grant Switzerland Software program, Sensors / Sensing Programs Daedalean is constructing autonomous piloting software program methods for aerial mobility.
Supply One $6,374,924 Different Turkey Drones, Operator Companies Supply One supplies last-mile supply options utilizing drones and different applied sciences.d high quality.
Distalmotion $150,192,209 Different Switzerland Surgical / Interventional Programs Distalmotion produces a surgical robotic referred to as Dexter.
Embotech Estimate Grant Switzerland Software program Embotech supplies software program options that allow driverless mobility.
Hydromea Estimate Grant Switzerland Unmanned Underwater Automobiles Hydromea supplies underwater drones for submerged asset inspections.
Infcom $14,543,339 Collection B China Actuators / Motors / Servos Infcom Industrial produces servo drives, servo motors, and associated software program.
infiniDome $9,000,000 Collection A Israel Sensors / Sensing Programs, Networking / Connectivity infiniDome develops GPS safety options for drones.
iotaMotion $8,509,999 Different USA Surgical / Interventional Programs IotaMotion is growing robotics-assisted options for cochlear implant surgical procedure.
Keybotic $3,309,479 Seed Spain Quadrupeds Keybotic is a designer and producer of autonomous four-legged robots for monitoring, inspecting, and mapping of advanced environments.
Variety Humanoid $150,000 Pre-Seed USA Humanoids / Bipeds Variety Humanoid is growing clever humanoid robots.
Kuxun Clever Estimate Collection A China Indoor Cell Platforms, Automated Information Automobiles, Autonomous Forklifts Kuxun Clever produces a wide range of cell robots for warehousing operations.
Leial Applied sciences Estimate Different Spain Articulated Robots, Instructional / Kits Leial Applied sciences is an academic robotics provider.
LogiXair Estimate Different The Netherlands Drones, Operator Companies LogiXair supplies unmanned plane primarily based logistics utilizing autonomous flying cargo methods.
Lukai Zhixing Estimate Collection A China Outside Cell Platforms, Autonomous Transportation Programs Lukai Zhixing is a unmanned car answer supplier centered on the sector of good mining operations.
Might Mobility $3,000,000 Grant USA Autonomous Transportation Programs, Sensors / Sensing Programs, Software program Might Mobility supplies autonomous car know-how for industrial fleets.
Nanoflex Robotics Estimate Grant Switzerland Surgical / Interventional Programs Nanoflex Robotics supplies robotics options for the therapy of ischemic stroke.
Naurobotics $3,036,698 Collection A South Korea Articulated Robots, SCARA Robots, Finish Effectors Naurobotics affords robotic automation methods and griping know-how.
Padbot Telepresence Estimate Collection B China Indoor Cell Platforms Padbot Robotic, a service robotic model of Inbot Tech, produces numerous industrial supply robots, safety patrol robots, and cleansing and disinfection robots.
ParaWave Estimate Grant USA Drones ParaWave is growing drone know-how to help first responders.
Perceptual Robotics $3,355,558 Different Metropolis of Drones, Operator Companies, Information Acquisition / Processing / Administration Perceptual Robotics affords drone primarily based inspection companies for wind turbine inspection and different infrastructure functions.
Perceptyne Robots $723,563 Seed India Humanoids / Bipeds, Arms/Manipulators Perceptyne Robots is growing dexterous robotics methods that may automatate numerous industrial duties.
Phantom Auto $25,000,000 Different USA Operator Companies Phantom Auto affords teleoperation security options and distant operations for logistics automobiles.
Propeller Aero $15,272,472 Different Australia Drones, Operator Companies, Information Acquisition / Processing / Administration Propeller supplies drone-mapping and analytics options for worksite operations.
Reakto $1,163,022 Seed Poland Operator Companies, Information Acquisition / Processing / Administration Reakto is a producer and operator of UAV methods that present securiy companies.
Roboto AI $4,800,000 Seed USA Information Acquisition / Processing / Administration Roboto AI supplies know-how that accelerates the search, transformation, and evaluation of robotics information.
Strong.AI $20,000,000 Collection A USA Indoor Cell Platforms, Software program, Sensors / Sensing Programs Strong.AI manufactures robots for warehouse operations.
Rogue House Programs Estimate Different USA Different Industrial Rogue House Programs develop robots to ship companies options to satellite tv for pc operators, producers and insurers.
SensorSurf $500,000 Pre-Seed USA Information Acquisition / Processing / Administration, Software program Snowflake affords softwar for gathering, manipulationing and analyzing robotics information.
Sniffer Robotics $2,000,000 Seed USA Exoskeletons Sniffer Robotics supplies the municipal stable waste business drone base companies for methane fuel detection and evaluation.
Surgerii Know-how Estimate Collection C China Surgical / Interventional Programs Surgerii Know-how is a developer of minimally invasive surgical robots.
Veo Robotics $14,000,000 Collection B USA Sensors / Sensing Programs, Software program Veo Robotics supplies options that allow excessive efficiency, collaborative industrial robotics.
Wenshi Robotic $14,543,339 Collection A China Indoor Cell Platforms, Different Industrial Wenshi Robotic produces a wide range of autonomous cell robots to be used within the logistics sector. $14,072,056 Different Norway Indoor Cell Platforms produces applied sciences that transforms something into an autonomous cell robotic with minimal effort and with out the necessity to alter its design or type.
WIRobotics $3,006,624 Seed South Korea Exoskeletons WIRobotics produces wearable robots that reduce bodily calls for on our bodies whereas nonetheless permitting for lively movement.
Xiangke Intelligence $5,808,044 Different China Software program Xiangke Intelligence, a by-product of Tsinghua College and Beijing College of Aeronautics and Astronautics, is growing AI enabled robotics methods.
Yunchuang Zhixing Estimate Collection A China Outside Cell Platforms, Software program Yunchuang Zhixing produces autonomous, outside sweeping automobiles and distant administration management platforms.
Zanecon $14,442,935 Collection A China Articulated Robots Zanecon produces a wide range of robotics options for the development sector.
Zipline $330,000,000 Collection E USA Drones Zipline designs, manufactures, and operates drones that ship medical merchandise.

Firms primarily based within the US landed probably the most rounds (17) and correspondingly attracted the majority of the April 2023 funding ($514M). Chinese language and Swiss companies additionally obtained substantial funding ($104M and $165M, respectively). See Determine 1, under.

It needs to be famous that South Korea, an outlier having a single firm receiving funding, was included within the ‘Different’ class. Nevertheless, that firm, 42dot, a supplier of self-driving software program and {hardware} options for autonomous transportation, obtained a considerable funding quantity of $783M. Different sizable April 2023 robotics investments embrace Zipline ($330M), Distalmotion ($150M), Covariant (&75M), Carbon Robotics ($30M), Phantom Auto ($25M),  and Strong.AI ($20M).

April 2023 Robotics Investments

Determine 1: April 2023 Robotics Funding by Nation

Early investments (Pre-Seed, Seed and A rounds) accounted for a lot of the investments (42%). By way of funding quantities, rounds deemed ‘Different’ hooked up a lot of the funding {dollars}. A single Collection C spherical (Zipline, $330M) accounted for 20% of April 2023’s funding totals.

April 2023 Robotics Investments


Determine 2: April 2023 Robotics Funding Quantities by Funding Kind

April 2023 Robotics Investments

Determine 3: April 2023 Robotics Funding Quantities by Funding Quantity and Quantities

Editor’s be aware: What 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 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 traders, and different sources. Buddies-and-family investments, authorities/non-governmental company grants, and crowd-sourced funding are excluded.

Robotics and clever methods firms
Robotics firms 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 units. For this evaluation, autonomous automobiles (together with applied sciences that help autonomous driving) and drones are thought of robots, whereas 3D printers, CNC methods, and numerous forms of “laborious” automation are usually not.

Firms which might be “robotic” in identify solely, or use the time period “robotic” to explain services that don’t allow or help 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 several international locations. Firm areas given within the evaluation are primarily based on the publicly listed headquarters in authorized paperwork, press releases, and many others.

Funding info is collected from numerous private and non-private sources. These embrace press releases from companies and funding teams, company briefings, market analysis companies, and affiliation and business publications. As well as, info comes from classes at conferences and seminars, in addition to throughout personal 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.