robotic investment total us
February 2023 Robotics Investments Total US $620 Million
Robotics funding for the month of February 2023 totaled $620M (See Table 1, below or download Table 1 HERE), the result of 36 investments. The February investments bring the 2023 totals to approximately $1.14B. Companies offering unmanned aerial vehicles (drones), usually coupled with drone enabled data and analytics services, were particularly strong in February, with firms receiving sizable mid to late stage funding rounds. These providers typically focus on surveying and inspection applications for their offerings, with construction, agriculture, utilities and energy sectors as the target markets. Examples include Skydio ($230M, Series E), Fulfil Solutions ($60M, Series B), Garuda Aerospace ($22M, Series A), and i-KINGTEC ($20M, Series C).
- North America > United States (0.06)
- Europe > United Kingdom (0.06)