warehouse robotic investment surge 57
Report: Warehouse robotics investment surges 57% in 2020 - FreightWaves
Investment in warehouse robotics technology startups clocked in at $381 million in the first quarter of 2020, up 57% from the same period in 2019. The study examines venture capital (VC) investment levels, trends, new business models and notable startups within last-mile delivery, freight, warehousing and enterprise supply chain management. While warehouse robotics investment exploded during this period, overall investment in supply chain tech declined in the first quarter of 2020. Supply chain technology companies raised $1 billion in VC across 59 deals in North America and Europe, a decline from $1.4 billion in Q1 2019. The PitchBook report comes one month after the firm conducted a survey in partnership with last month's Collision From Home conference examining investor sentiment toward technology in a post-COVID-19 world.
- North America (0.26)
- Europe (0.26)