LATEST NEWS AND DEVELOPMENTS
2016 is history! Welcome to 2017. ROBO Global brings you a full robotics & automation market reflection and forecast for investors.
2016 was a banner year for acquisitions of companies involved in robotics and automation: 50 sold; 11 for amounts over $500 million; five were over a billion. 30 of the 50 companies disclosed transaction amounts which totaled up to a colossal $18.867 billion!
It was a busy and abundant year for seed, crowd, series A,B,C,D and VC funding of robotics-related startups. 128 companies got funded, some multiple times. $1.95 billion, 50% more than 2015 which was also a phenomenal year with over $1.32 billion funded.
Ten robotics-related companies got funded in December for a combined total of $94 million; down from $225 million in November. Four more got acquired. Over $2 billion was involved. No companies went public.
In a world where futuristic & financial developments roll out on the regular, ROBO Global takes the time to find the need to know robotics news for investors. Here are the highlights from the week of December 10-16 in the world of robotics & automation:
For the last many years there have been very few stock IPOs (Initial Public Offerings). Promising companies have been acquired instead, eg: Kiva Systems and Universal Robots. But two robotics-related companies have recently filed: one for the Tokyo Stock Exchange and the other for the New York St...
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