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Robotics: As Venture Funding Increases, Analysts Gear Up to Cover the Growing Industry
“The robots are among us. A lot of people are going to come in contact with robots in the next two to five years,” said Steve Jurvetson, director at Tesla and SpaceX, as reported by the Financial Times. Jurvetson is just one of many investors and venture capitalist businesses that are putting money into the development of robotics.
Robohub.com reports an increasing flow of development investment funding for robotic ventures. They tallied 19 robotic startups in April receiving $175 million of investment funds. $45.4 million were invested in March, $18.6 million in February, and $15.8 million in January. In addition, in April there were four robotic companies acquired for a total of more than $422 million. CB Insights counts 83 investment deals in 2015 for robotic companies, roughly double the number from 2014. During 2015, the investment growth rate soared 115 percent. A majority of the deals though are angel and series A investments, so the robotics industry as a whole is still immature.
Parallel to the investments pouring in for robotics, analysts are also gearing up to study the rapidly growing industry. The Robot Report, for example, lists 47 different recent studies on the robotics industry from different research companies.
