June 2023: A Record Month for Robotics Funding

Robotics funding reached $2.1 billion in June 2023 as a result of 51 investments.

This brings the year-to-date investment total for the robotics industry to approximately $6.1 billion.

Companies based in the United States and China received the most number of rounds, 20 and 8, respectively.

Firms based in Israel attracted the greatest amount of investment buoyed by $1.6 billion going to Mobileye, a maker of vision-based sensors for driver assist and autonomous driving applications.

Providers of drones, drone-enabling technologies and analytic services continue to attract the attention of the investment community.

Surgical robotics developers and their enabling technologies also continue to secure sizable funding rounds.

Mobileye’s post-IPO secondary round skewed the June 2023 results.

Mobileye’s post-IPO secondary round We can say that the Robotics industry saw a massive funding. skewed the June 2023 results.