LATEST NEWS AND DEVELOPMENTS
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 ...
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:
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