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Seventeen robotics-related companies got funded for a combined total of over $225 million. Four more got acquired. Three went public to raise funds. And one failed.
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 November 5-11 in the world of robotics & automation:
October fundings for robotics-related startups totaled $306.75 million bringing the year-to-date funding figure very close to $1.5 billion. For acquisitions, three of the six companies acquired reported that $390.5 million traded hands. All in all another strong month for robotics.
Each year the International Federation of Robotics (IFR) surveys and tabulates data from its worldwide network of robotics associations. The two 2016 annual World Robotics Industrial Robots and World Robotics Service Robots reports represent the IFR's analysis of 2015 results.
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