Growth Creates New Peak 2016 Service Robot Industry Report Released

Since 2012, robot-related startups have raised a total of 3 billion U.S. dollars. The growth in 2016 has created a new peak. The number of investments has increased from 147 in 2015 to 174 in 2016, an increase of 18%. From the following line chart, it can be seen that most of this growth comes from enterprise application robots, such as industrial automation and last-mile logistics. In 2015, there were 74 corporate investment cases, an increase of 95% over the previous year; in 2016, this was 93 cases. The consumer-facing robots segment had 44 investments in 2016 and 2015, but it was 96% higher than in 2014.
As can be seen from the following distribution diagram, 48% of the investment was made to robots for enterprises, including major industries including heavy industry and manufacturing. Consumer-oriented robot investments accounted for 28% of the past five years, and 13% for medical care. There is a very small 6.5%, which goes to the security sector.
Below, we will highlight some of the investment cases and startup company profiles for the enterprise and consumer-oriented sectors. The company's drones (non-logistics): These drone startups are focused on solving problems such as site surveys, 3D drawings, and the industries involved are agriculture and architecture. This section had 41 investment events last year, accounting for the largest proportion of robots for businesses. Israel's Airobotics Corporation specializes in the exploration and manufacturing of drones for oil and gas fields. In 2016, B raised $8.5 million. The Saildrone, California, is used exclusively for the collection of oceanographic data and has raised $14 million in A rounds. China’s Dajiang UAV had raised US$75 million in Round B last year, and it also had specially designed aircraft for the company. Logistics delivery: This part of the startup company generally solves the problem of the last kilometer delivery, for example, specializes in the delivery of a certain type of goods, such as medicines. Zipline International of the United States cooperated with the Rwandan government to transport medicines locally with small drones and received US$18 million in funding from Sequoia and Google. Retail and warehouse: In 2016, investment in this sub-field fell by half compared to last year, with 8 cases. India’s GreyOrange Robotics has produced robots capable of handling material classifications, and has received 30 million U.S. financing in 15 years. Softbank Capital invested in Fetch Robotics. In the retail industry, Fellow Robots can manage inventory; Simbe Robotics can do shelf inventory. Restaurant: In recent years, robots capable of cooking and serving in restaurants have received attention. Five companies got seed rounds in 2016, including Spyce Kitchen for restaurant service, Monsieur for bartending, and Casabots for cooking. Other services: This includes some heavy physical work, such as mowing the lawn for the golf course. CleanRobotcs can be used to sort garbage into offices. Savioke is a robot that provides services in hospitals. It received a $15 million investment from Aurora Borealis and Intel. Heavy industry and manufacturing: The robots in this area mainly do some mechanical automation work. Companies that got financing in 2016 are Clearpath Robotics, Life Robotics, Square Robot and Quotient Kinematics Machine. Consumer-oriented personal drones: Intel invested 60 million US dollars to China's Yuneec drones. Skydio, a drone-vision company, received $25 million in investment from Accel and Andreessen Horowitz. There are many small companies in this sub-sector. Education: Recently, robots that teach children to learn programming have attracted the interest of many investors. The most investment in this area of ​​re-education is Wonder Workshop, which received 36 million U.S. dollars worth of top VC investment. Another startup company, Modular Robotics, also does similar things. Sequoia China invested in a Chinese company Makeblock. Social: Social robots include home accompaniment and entertainment robots. They are the largest consumer-oriented robots. Since 2012, there have been 50 investments. Ubtech's anthropomorphic robots joined the unicorn after raising $100 million in the B round. China’s Turing robot is a company that develops a robotic operating system, but it has already introduced a child companion robot that costs about the same as a smartphone. Another Chinese company ROOBO also raised 100 million U.S. dollars. Another application of concern is remote companionship. British Cambrian Intelligence can simulate a person's movement remotely. Japan's Adawarp can remotely control robots with VR software. Services: This subfield includes robotic arms, private transportation robots, and robots that do housework, such as cooking, cleaning, and cleaning fish ponds. Some of the companies that got financing included Ninebot, a traffic robot, and Dobot, a working desktop robot.

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