New numbers from Crunchbase this week present that funding in robotics is as soon as once more shifting in a constructive path. The earlier two years confirmed a gradual decline in general numbers after a document 12 months in 2021 attributable to job losses as a result of pandemic. As we head into the second half of the 12 months, 2024 might surpass final 12 months’s numbers.
Within the first six months of the 12 months, $4.2 billion was invested on this class, surpassing the 12-month 2023 whole of $6.8 billion. The quantity remains to be shy of the height of COVID in 2021, which introduced in $17.7 billion, and even $10.3 billion in 2022.
It does, nevertheless, sign a restoration after a one-two punch of financial headwinds and post-pandemic revelations that despatched the business crashing to Earth.
The red-hot humanoid class continued to realize momentum. Figura led the way in which there with a whopping $675 million Collection B spherical. That increase alone moved the needle a bit. One other notable funding in humanoids got here by means of 1X. A Norwegian agency that counts OpenAI as an early adopter has raised a cool $100 million.
Medical robots have had 12 months because of massive rounds from MMI and Rono Surgical, however as soon as once more labor substitute is a significant factor as services like warehouses and factories look to automate jobs they discover tough to fill.
These calls for aren’t going away anytime quickly, whereas the continued funding frenzy round all issues AI is prone to additional gasoline the expansion of robotics startups. Sadly, it might take one other pandemic to see issues attain 2021 ranges.
