LATEST NEWS AND DEVELOPMENTS
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.
MUST LISTEN PODCAST: If you missed the live streaming of the Robotics Business Review podcast on robotics role in agriculture titled Robot Harvest: Agribotics And the Food We eat. The main guest was ROBO global co-founder Frank Tobe, Editor & Publisher of The Robot Report.
CB Insights Drone Quarterly Financing Trends to VC-Backed Companies shows a downward trend. The Robot Report's monthly funding reports shows something different: a change in the nature of drone applications getting funded.
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 October 15- 21 in the world of robotics & automation:
It was clear that DJI was winning the drone war by the end of 2015. Today's best sellers are mostly DJI products. Other makers (Parrot, 3D Robotics, Autel, Yuneec et al) haven't been able to capture any significant portion of the camera drone market. Most saw the writing on the wall and began swi...
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