Investment

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

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 data from an investment report by F-Prime, the venture capital arm of Fidelity Investments, shows that 2021 was a great year to be raising capital for a robotics startup, with $18.1 billion raised in a low-interest stimulus-for-everyone Covid environment. That dropped by a third in 2022 to $12.4 billion, and dropped yet another third last year to just $7.4 billion.




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