Robotics investments high $3.7B in September 2024

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Fifty-four producers of robots and robotics enabling applied sciences raised funding in September 2024, pulling in a complete of $3.7 billion. That is the best month-to-month funding quantity for 2024.
September’s funding exceeded June 2024’s complete – the earlier month-to-month chief – by over $1 billion and was greater than 2.5 occasions the 12-month trailing common of $1.4 billion. The whole funding focused to robotics firms for January by September 2024 equals roughly $14.6 billion.
You may comply with all of The Robotic Report‘s robotics investments protection right here.
The most important single robotics funding in September was a $2.2B post-IPO debt spherical from Aptiv, a developer of autonomous driving applied sciences. Aptiv’s funding accounted for practically 60% of the month-to-month complete.
Different firms attracting important funding in September 2024 embody Quicktron Robotics ($100M for cell robots), Mendaera ($73M for robotic interventional platform), Seegrid ($50M for cell robots), Quantum Programs ($40M for drones) and Pyka ($40M for autonomous electrical plane).

Persevering with a development, makers of humanoid robots continued to draw sizable funding. Instance firms receiving sizable funding quantities in September 2024 embody Agibot, Unitree Robotics, Booster Robotics (Accelerating Evolution), Xinghaitu, Yobotics, and navel robotics.
Corporations positioned in the US and China acquired nearly all of the September 2024 funding rounds with 17 and 14, respectively. Aptiv’s $2.2B spherical was giant sufficient to spice up Eire into first place amongst international locations receiving September 2024 investments. Corporations primarily based in China attracted the second most funding (roughly $1.2B), whereas firms within the U.S. secured a complete of $335 million.
All funding lessons had been represented amongst September 2024’s investments. For each the full variety of investments and the general quantity of funding, most rounds and funding quantities fell into the ‘Different’ class, a blanket time period for funding sorts that fall outdoors the standard phases of funding that companies undergo.

CompanyAmountRoundCountryTech

AgEagle Aerial Programs$6,500,000OtherUSADrones

AgibotEstimateSeries AChinaHumanoids

AIDIN ROBOTICS$11,226,313Series BKoreaEnd Effectors

Aptiv$2,200,000,000OtherIrelandAutonomous Automobiles

Booster Robotics$14,043,958SeedChinaHumanoids

Bot Auto$20,000,000SeedUSAAutonomous Automobiles

Darkhive$21,000,000Series AUSADrones

Delta Robotics$30,000Pre-SeedUSAMotion Management

Diden RoboticsEstimateSeedKoreaCollaborative Robots

DRONUSEstimateOtherItalyDrones

Enigma Aerospace$120,000Pre-SeedUSADrones

Epica Worldwide$18,000,000OtherUSAArticulated Robots

Forterra$75,000,000Series BUSASensors

4 Growers$9,077,219OtherUSAIndoor Cellular Robots

Gideon BrothersEstimateOtherCroatiaIndoor Cellular Robots

Hong Jing DriveEstimateSeries CChinaSensors

HonuWorxEstimateSeedUKUnderwater Drones

Inbolt$16,677,118Series AFranceSensors

Encourage-Robots$14,262,690Series BChinaGrippers

Jaipur Robotics$120,000Pre-SeedSwitzerlandVision

Leap.AI (Leap Automation)$10,568,802OtherUKCollaborative Robots

Maritime Robotics$12,000,000OtherNorwayUnmanned Floor Automobiles

MatternetEstimateOtherUSADrones

Mendaera$73,000,000Series BUSASurgical Robotics

Mengshi TechnologyEstimateSeedChinaSurgical Robotics

navel robotics$752,742SeedGermanyHumanoids

Navflex$5,550,000OtherUSAAutonomous Forklifts

NoematrixEstimateSeedChinaSoftware

Open Ocean Robotics$591,960OtherCanadaUnmanned Floor Automobiles

Optimotive$2,000,000SeedCanadaOutdoor Cellular Robots

Origin Robotics$2,559,916SeedLatviaDrones

Pickommerce$3,400,000SeedIsraelCollaborative Robots

Puncture RoboticEstimateSeries BChinaSurgical Robots

Pyka$40,000,000Series BUSADrones

Quantum Programs$40,538,674Series BGermanyDrones

Quicktron Robotics$100,000,000Series DChinaOutdoor Cellular Robots

Reactive Robotics$2,779,838OtherGermanyRehabilitation Robots

RoboligentEstimateOtherUSACollaborative Robots

Seegrid$50,000,000Series DUSAIndoor Cellular Robots

Clean Ag$100,000Pre-SeedUSAOutdoor Cellular Robots

Sniffer Robotics$535,389OtherUSAExoskeletons

Social {Hardware} Worldwide (Eclipse)$400,000SeedIndiaArticulated Robots

Swap Robotics$8,877,238OtherCanadaOutdoor Cellular Robots

THOTH$7,483,403SeedKoreaCollaborative Robots

TrashBoticsEstimatePre-SeedIndiaArticulated Robots

Triorb$1,757,515Series BJapanIndoor Cellular Robots

Unitree RoboticsEstimateSeries CChinaHumanoids

W8less$500,000OtherUSASoftware

WARGdronesEstimatePre-SeedGermanyDrones

Weier Clever DriveEstimateOtherChinaMotion Management

XinghaituEstimateOtherChinaHumanoids

Xingmai InnovationEstimateSeries AChinaUnderwater Drones

Yihang.aiEstimateSeries CChinaSensors

YoboticsEstimateOtherChinaHumanoids

What defines robotics investments?The reply to this query is central in any try and quantify them with a point of rigor. To make funding analyses constant, repeatable, and invaluable, it’s crucial to wring out as a lot subjectivity as potential throughout the analysis course of. This begins with a definition of phrases and an outline of assumptions.
InvestmentsRobotics investments ought to come from enterprise capital corporations, company funding teams, angel buyers, and different sources. Buddies-and-family investments, authorities/non-governmental company grants, and crowdsourced funding are excluded.
Robotics CompaniesRobotics 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 providers 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 techniques, and numerous sorts of “exhausting” automation should not.
Corporations which can be “robotic” in identify solely, or use the time period “robotic” to explain services and products that don’t allow or help units 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 areas in numerous international locations. Firm areas given within the evaluation are primarily based on the publicly listed headquarters in authorized paperwork, press releases, and so on.
VerificationFunding info is collected from a number of private and non-private sources. These embody press releases from firms and funding teams, company briefings, market analysis corporations, and affiliation and trade publications. As well as, info comes from periods at conferences and seminars, in addition to throughout non-public interviews with trade representatives, buyers, and others. Unverifiable investments are excluded and estimates are made the place funding quantities should not supplied or are unclear.