Investments in robotics and related technologies increased to approximately $8 billion in June 2021. There were about 50 reported deals last month, in comparison with 70 worth a total of $3 billion in May 2021, and $7 billion in April.
Autonomous vehicles continued to do well, as more companies move into trials of robotaxis, self-driving cars, and autonomous trucks. Transportation companies raised $6.4 billion last month, followed by $725 million in healthcare systems.
Supply chain automation was involved in $308 million in deals in June 2021, and industrial automation in manufacturing raised $219 million in funding.
Software, sensors, and other components received more than $300 million. Horizon Robotics Inc., which is backed by Intel Capital and makes artificial intelligence processors, was rumored to be planning an initial public offering in the U.S. that could raise more than $1 billion, but it has not yet been confirmed.
Other notable areas of investment included agriculture and construction, with close to $40 million total.
There were nine reported mergers and acquisitions in June 2021, with two involving special-purpose acquisition companies (SPACs). In comparison, Robotics 24/7 found 11 such transactions in May.
More than $220 million of last month's fundings were Series A rounds, but Series D rounds raised more than $1 billion. Note that many companies did not disclose the amounts of their investments, so the true totals are likely higher.
Here are the top 10 publicly disclosed automation transactions from June 2021.
About the Author
Eugene Demaitre is editorial director of Robotics 24/7. Prior to joining Peerless Media, he was a senior editor at Robotics Business Review and The Robot Report. Demaitre has also worked for BNA (now part of Bloomberg), Computerworld, and TechTarget. He has participated in numerous robotics-related webinars, podcasts, and events worldwide.
Follow Robotics 24/7 on Facebook
Email Sign Up
Get news, papers, media and research delivered
Stay up-to-date with news and resources you need to do your job.
Research industry trends, compare companies and get market intelligence every week with Robotics 24/7.
Subscribe to our robotics user email newsletter and we'll keep you informed and up-to-date.