Robotics investments on the rise
Venture funding for robotics reached $1.95 billion in 2016, a tenfold increase over the last six years.
"Venture funding for robotics has exploded by more than 10x over the last six years and shows no signs of stopping. Most of this investment has been focused on the usual suspects: logistics, warehouse automation, robot arms for manufacturing, healthcare and surgical robots, drones, agriculture, and autonomous cars."
Some notable examples from the realm of surgical robots:
- AURIS leads with a total of $235m VC funding, as of 2016
- Restoration Robotics $118 m as of 2015; In 2016 The robotic hair transplant company got $4.82 million equity funding from Octa Finance, according to Restoration's SEC filed Form D.
- Perfint received $33 m for its MAXIO system, yet it faced some difficulties in the past years
- Medrobotics with FLEX collected $147.7 until 2016 and $20m in 2017
- Virtual Incision received $19.7 as of 2015 + $6.5m grant
- Avateramedical received €75m convertible loan from ConvExlast summer 2015
- Cambridge Medical Robotics received $20.3 m by summer 2016; in Series A funding. Backers include LGT Global Invest, ABB Technology Ventures and Cambridge Innovation Capital
- MAZOR received $31.9 m option from Medtronic
- Titan Medical raised $7.2m in a round of public offering
- Transenterix bought ALF-X for $99.8m
- Hansen was bought by Auris for $80m
- and so on..