The ups (and downs) of tech, robotic and AI funding

SoftBank's Pepper humanoid robot operation (a joint venture with Foxconn, Alibaba and SoftBank) has incurred a big $274 million loss while Asia more than doubled the amount of funding for tech startups thus far in 2017. No one ever said VC funding was for the faint of heart. According to PwC and CB Insights, venture capital investments in Asia in the first six months of 2017 totaled $28.8 billion. VC investments in North America for the same period totaled $18.4 billion. CB Insights reports that 45% of all dollars invested in tech in 2017 went to Asian firms.