Dan Kara

Boston

VP, Robotics and Intelligent Systems at WTWH Media LLC

Practice Director, Robotics, ABI Research - Providing informed, comprehensive strategies for capitalizing on robotics/intelligent systems business opportunities

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Articles

Financial Archives - The Robot Report

Jan 16, 2025 | therobotreport.com | Eugene Demaitre |Steve Crowe |Dan Kara |Brianna Wessling

Positec Group offers autonomous robotic lawnmowers under its consumer brand, Worx, and its commercial brand, Kress. NEURA Robotics plans to use its Series B funding to continue developing ‘cognitive robots’ in Europe for multiple industries. Symbotic says the acquisition and development of new systems for Walmart could expand its U.S. market by more than $300 billion.
Robotics investments top $3.7B in September

Nov 1, 2024 | therobotreport.com | Dan Kara

Fifty-four producers of robots and robotics enabling technologies raised funding in September 2024, pulling in a total of $3.7 billion. This is the highest monthly funding amount for 2024. September’s investment exceeded – the previous monthly leader – by over $1 billion and was more than 2.5 times the 12-month trailing average of $1.4 billion. The total investment targeted to robotics companies for January through September 2024 equals approximately $14.6 billion.
Robotics investments near $1B in August

Oct 4, 2024 | therobotreport.com | Dan Kara

Fifty producers of robots and robotics enabling technologies received funding in August 2024, pulling in a total of approximately $1 billion. This figure is on par with the $1.2 billion average The Robot Report has tracked each of the previous 12 months. Investment targeted to robotics companies for the first eight months of 2024 equals about $10.86 billion. You can follow The Robot Report‘s investment section here.
Robotics investments top $1.3B in July

Sep 4, 2024 | therobotreport.com | Dan Kara

Robotics companies raised approximately $1.3 billion in July 2024. That figure is a result of 47 investments for producers of robots and robotics enabling technologies. July’s total is slightly more than the 12-month trailing investments average of $1.2 billion. Investments for the first seven months of 2024 equals approximately $9.7 billion. The $9.7 billion figure compares favorably to the January to July 2023 total funding amount of $8 billion.
Autonomous vehicles fuel $2.7B funding boom in June 2024

Jul 29, 2024 | therobotreport.com | Dan Kara

Forty-eight companies that make robots or relevant enabling technologies raised a total of $2.7 billion in June 2024. At press time, this was the highest monthly funding total of 2024. It exceeded May’s total by more than $500 million and was more than double the 12-month trailing investments average of $1.3 billion. Robotics investments for the first six months of 2024 totaled about $8.4 billion. The largest investments were, once again, raised by developers of autonomous driving technologies.
Robotics investments drive past $2.1B in May

Jun 25, 2024 | therobotreport.com | Dan Kara

Robotics investments for May 2024 topped $2.1 billion, the result of funding for 38 companies. The $2.1 billion is the highest monthly funding amount for the year 2024 and greatly exceeds the trailing 12-month average of $1.2 billion. Robotics funding through May 2024 totals approximately $5.7 billion. The two largest robotics investments were raised by autonomous driving companies. UK-based Wayve raised a $1 billion Series C, while Massachusetts-based Motional raised $475 million from Hyundai.
Robotics investments top $466M in April 2024

May 29, 2024 | therobotreport.com | Dan Kara

Robotics investments reached at least $466 million in April 2024, the result of 36 funding rounds. The April investments figure lagged recent months and was the . April 2024’s investment total was significantly less than the trailing 12-month average of $1.1 billion (see Figure 1). Providers of collaborative robots scored the two largest rounds. As described in Table 1, Collaborative Robotics’ $100 million Series B round was April’s largest investment.
March 2024 robotics investments total $642M

Apr 18, 2024 | therobotreport.com | Dan Kara

Thirty-seven robotics firms received funding in March 2024, pulling in a total monthly investment of $642 million. March’s investment figure was significantly less than February’s mark of approximately $2 billion, but it was in keeping with other monthly investments in 2023 and early 2024 (see Figure 1, below). California companies secure investmentAs described in Table 1 below, the two largest robotics investments in March were secured by software suppliers.
Robotics companies raised $578M in January

Mar 6, 2024 | therobotreport.com | Dan Kara

Robotics investments totaled $578 million in January 2024 as the result of 46 funding rounds. This figure was substantially lower than the trailing twelve-month average, but in line with January 2023’s figure of $523 million. The largest robotics investment in January 2024 was a $100 million round secured by Norway-based 1X, a developer of humanoids (See Table 1 below). Chinese humanoid developer Robot Era raised $14 million in February.
Robotics investments top $749M in December 2023

Feb 7, 2024 | therobotreport.com | Dan Kara

Robotics companies raised $749 million in December 2023 as a result of 41 investments. You can see each investment in the table below or a PDF version here. Robotics investments reached about $12.9 billion for 2023. In December 2023, makers of autonomous mobile robots for indoor applications such as e-commerce fulfillment were well represented. Examples include GreyOrange ($135M), Cyngn ($5M), Instock ($3.2M) and SWARM Robotics.