"The industry is booming, with venture capitalists pouring over $7 billion into robotics companies in 2024 alone. Mega-rounds in companies like Figure ($675M Series B), Physical Intelligence ($400M Series A), and Skild ($300M Series A) signal a major surge in investor appetite for robotics. The global robotics market is forecasted to grow exponentially, with industrial robotics alone projected to reach around $60 billion by 2034 and service robotics expected to grow to about $99 billion by 2029."
"While robotics is quickly becoming one of the most dynamic and fast-moving categories in AI, it's also one of the most technically complex, with a steep learning curve - particularly for investors evaluating new players. Unlike LLMs - where standardized benchmarks provide clear performance metrics - robotics does not have a universally accepted framework for comparing capabilities across companies. This complexity stems from the field's unique position at the crossroads of AI, hardware design and engineering, supply chain, manufacturing, and real-world deployment -"
Inbound interest in robotics has surged in six months, with meetings ranging from robotics foundation models to full-stack robots, humanoids, and enabling tooling. Venture capital invested over $7 billion in 2024, and mega-rounds like Figure ($675M), Physical Intelligence ($400M), and Skild ($300M) demonstrate heightened investor appetite. Industrial robotics is projected around $60 billion by 2034 while service robotics could reach about $99 billion by 2029. Robotics combines AI, hardware design, supply chain, manufacturing, and real-world deployment, creating a steep learning curve and lacking standardized benchmarks. Investors aim to engage early to support and shape practical robotic solutions.
#robotics #venture-capital #market-growth #hardware-software-integration #robotics-foundation-models
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