1500 Robotics Startups Have Raised $90 Billion, But Investment Just Cratered

  • 📰 ForbesTech
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 59%

United States Headlines News

United States Latest News,United States Headlines

I'm an entrepreneur, founder, and writer. I've raised seed and series A funds, built websites and apps, and written a science fiction novel. After five years of full-time tech journalism (plus founding a research division) at VentureBeat, I started my own consultancy. But since I can't not write, I became a Forbes contributor.

1,500 robotics startups have raised about $90 billion since 2019. and 20 of them are unicorns with valuations in excess of $1 billion. That’s the good news. The bad news is that investment in robotics fell sharply to a five-year low in 2023, and one particular category, autonomous vehicles, has plummeted from $9.7 billion in 2021 to $2.2 billion in 2023.

The biggest sector for investment last year was vertical-specific robots, led by investments in defense and logistics. Out of a total investment of $4.1 billion, most went to logistics and security robots, with medical robots following:Autonomous vehicle startups are having a tough time right now.

Exits in the robotics space peaked in 2021 as well, with 36 deals valued at about $44 billion. In 2022, that dropped to about $26 billion, and in 2023, robotics exits cratered to under $2 billion.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 318. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

2025 Ram 1500 Ramcharger With 'Unlimited' Battery Range: Watch First-Ever Walkaround VideoThe Ramcharger has 141 miles of electric range, plus it has a range-extending gasoline engine that brings its total range to 690 miles, which beats every other electric truck.
Source: InsideEVs - 🏆 579. / 51 Read more »

2025 Ram 1500 first drive | Car ReviewsAuto123 gets in a first drive of the 2025 Ram 1500, which now comes with a new turbocharged inline 6-cylinder engine, replacing the 5.7L V8 Hemi.
Source: auto123 - 🏆 566. / 51 Read more »

2025 Ram 1500 First Drive: A Hurricane of class and eleganceGet in-depth info on the 2025 RAM 1500 including prices, specs, reviews, options, safety and reliability ratings.
Source: therealautoblog - 🏆 528. / 51 Read more »

2025 Ram 1500 Ramcharger With 'Unlimited' Battery Range: Watch First-Ever Walkaround VideoThe Ramcharger has 141 miles of electric range, plus it has a range-extending gasoline engine that brings its total range to 690 miles, which beats every other electric truck.
Source: InsideEVs - 🏆 579. / 51 Read more »

2025 Ram 1500 Review: Big changes everywhere, but still our favoriteGet in-depth info on the 2025 RAM 1500 including prices, specs, reviews, options, safety and reliability ratings.
Source: therealautoblog - 🏆 528. / 51 Read more »

2014 Chevrolet Silverado 1500 Truck: Latest Prices, Reviews, Specs, Photos and IncentivesGet in-depth info on the 2014 Chevrolet Silverado 1500 model year including prices, specs, reviews, pictures, safety and reliability ratings.
Source: therealautoblog - 🏆 528. / 51 Read more »