Robotics VC Funding Rebounds in 2021

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By Lian Jye Su | 4Q 2021 | IN-6318

 

Recovery of VC Activities in 2021

NEWS


The year 2020 was a confounding year for robotics. On the one hand, the COVID-19 pandemic has dramatically accelerated the deployment of robotics solutions. As a result, Autonomous Mobile Robot (AMR) and Small Unmanned Aerial Vehicle (SUAS) vendors have reported an uptick in sales revenues due to wide-scale adoption and deployment of their products. Such products have been deployed for autonomous material handling, disinfection, crowd management, and last-mile delivery. On the other hand, Venture Capital (VC) funding dropped significantly in 2020. After hitting a historical high in 2019 with US$8.3 billion (total not inclusive of self-driving vehicles and related technologies, such as processor and mapping), total funding suffered a 52% decline, resulting in a total of only US$4 billion in 2020. This figure is even lower than the U$4.2 billion raised in 2018.

Fast forward to September 2021 where the robotics VC market is currently showing a st...

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