Robot Planet: Deals To Robotics Startups Proliferate Outside The US

UK: UK-based startups also accounted for 4% of global deal share in 2016. To name a few, Cambridge Medical Robotics raised $20M in Series A from investors including ABB Technology and Escala Capital; social robot Olly raised $10M in Series A from Lightning Capital and Alliance Capital Ventures; and educational robot-building startup tio was seed-funded by the Kickstarter Accelerator. Smart Money VCs: CRV backed Israel-based automated drone startup Airobotics in a $28.5M combined Series A and B round in Q2'16. Battery Ventures backed another Israel-based autonomous drone startup, Dronomy. Accel Partners and Sequoia Capital China backed previously mentioned drone company DJI Innovations.