LATEST NEWS AND DEVELOPMENTS
April 2017 had 17 robotics-related companies get funding totaling over $390 million - a fourth solid month for 2017 - $1.05 billion year-to-date. Acquisitions also continued to be substantial with ABB's $2 billion acquisition of Bernecker & Rainer, plus Baidu, iRobot and Cognex each making strate...
After reading the press releases for this batch of 24 research reports, although they vary widely in their forecasts, they almost all agree that most segments of the robotics industry are expected to grow at a double-digit pace at least through 2022.
February fundings for 16 robotics-related startups totaled over $313 million - another solid month for the new year. Acquisitions also continued to be substantial with Ford's acquisition of Argo and Midea Group's purchase of Servotronix. Plus there were two IPOs.
January fundings for robotics-related startups totaled over $123 million - a reasonable start for the new year. For acquisitions, three of the six companies acquired reported that $390.5 million traded hands. All in all another strong month for robotics.
After another rollercoaster ride of a year, the ROBO Global Robotics & Automation Index managed to advance an astounding +18.9% for 2016, outperforming the S&P 500 and ACWI by 7% and 10%, respectively. Interestingly, from the depths of despair in February, the ROBO Global Index rallied +38% into ...
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