Robotics Investments Gain Momentum After Post-Pandemic Slowdown

New data from Crunchbase reveals that robotics investments are trending upward, following a two-year decline. The first six months of the year have seen $4.2 billion invested in the category, putting this year on track to surpass 2023's 12-month total of $6.8 billion.

Image Credits: Bryce Durbin

The humanoid robotics category has been a significant driver of this growth, with Figure leading the way with a massive $675 million Series B raise. Another notable investment in the space came from 1X, a Norwegian firm that brought in $100 million.

Medical robots have also seen significant investment, thanks to big rounds from MMI and Rono Surgical. However, labor replacement remains the biggest driver, as companies look to automate jobs in spaces like warehouses and factories.

The continued excitement around AI is likely to further bolster robotic startup growth. While it may take another pandemic to reach the investment levels seen in 2021, the industry is poised for continued growth.

The first half of the year has seen significant investment in robotics, with $4.2 billion invested in the category. This puts the industry on track to surpass last year's total of $6.8 billion. The humanoid robotics category has been a significant driver of this growth, with several notable investments in the space. Medical robots have also seen significant investment, and labor replacement remains a key driver of growth.

AndroGuider Team

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