The Robot Report

  • Home
  • News
  • Technologies
    • Batteries / Power Supplies
    • Cameras / Imaging / Vision
    • Controllers
    • End Effectors
    • Microprocessors / SoCs
    • Motion Control
    • Sensors
    • Soft Robotics
    • Software / Simulation
  • Development
    • Artificial Intelligence
    • Human Robot Interaction / Haptics
    • Mobility / Navigation
    • Research
  • Robots
    • AGVs
    • AMRs
    • Consumer
    • Collaborative Robots
    • Drones
    • Humanoids
    • Industrial
    • Self-Driving Vehicles
    • Unmanned Maritime Systems
  • Business
    • Financial
      • Investments
      • Mergers & Acquisitions
      • Earnings
    • Markets
      • Agriculture
      • Healthcare
      • Logistics
      • Manufacturing
      • Mining
      • Security
    • RBR50
      • RBR50 Winners 2025
      • RBR50 Winners 2024
      • RBR50 Winners 2023
      • RBR50 Winners 2022
      • RBR50 Winners 2021
  • Resources
    • Automated Warehouse Research Reports
    • Digital Issues
    • eBooks
    • Publications
      • Automated Warehouse
      • Collaborative Robotics Trends
    • Search Robotics Database
    • Videos
    • Webinars / Digital Events
  • Events
    • RoboBusiness
    • Robotics Summit & Expo
    • DeviceTalks
    • R&D 100
    • Robotics Weeks
  • Podcast
    • Episodes
  • Advertise
  • Subscribe

Here’s how much funding robotics companies raised in June

By Dan Kara | August 2, 2023

Robotics funding reached $2.1 billion in June 2023 as a result of 51 investments. This brings the year-to-date investment total for the robotics industry to approximately $6.1 billion.

Table 1: June 2023 Robotics Funding and Investment

CompanyAmountRoundCountryTechnology
A2TechEstimateOtherMalaysiaA2Tech produces mobile robotics solutions with a primary focus on industrial inspection.
Advanced Navigation$5,200,000OtherAustraliaAdvanced Navigation creates advanced navigation systems and robotics technologies.
AgtonomyEstimateOtherUSAAgtonomy produces a hybrid autonomy and tele-assist platform for agriculture vehicles.
Aibo Medical Robot$14,095,426Series AChinaAibo Medical Robot focuses on the development of vascular interventional surgery robots.
Angsa Robotics$2,697,625SeedGermanyAngsa Robotics provides mobile robots that automate rubbish collection.
Arbe$23,000,000OtherIsraelArbe Robotics offers real time 4D imaging software for autonomous driving.
AugmentusEstimateOtherSingaporeAugmentus produces no-code robot programming software.
Aviant$1,069,747OtherNorwayAviant provides end-to-end drone services for thr transport of cargo
B GARAGE$20,000,000Series AUSAB GARAGE is an autonomous drone and service company for warehouse inventory management.
Barrett Technology$2,000,000OtherUSABarrett Technology offers a therapy robot designed for intensive motor learning practice and repetitions.
Blue Atlas Robotics$70,000OtherDenmarkBlue Atlas Robotics manufactures subsea inspection robots and provides marine survey solutions.
Cobionix$2,800,000SeedCanadaCobionix produces autonomous, collaborative robots.
Collaborative Robotics30,000,000Series AUnited StatesUnknown
ESTAT Actuation$10,000OtherUSAESTAT Actuation is a developer of electroadhesive clutches that make robots or machines more capable and affordable.
FarmFleet$550,000Pre-SeedUkraineFarmFleet offers a drone-based solution for the application of pesticides and fertilizers.
FERNRIDE$31,316,885Series AGermanyFERNRIDE provides autonomous, electric trucking solutions.
Grasp RoboticsEstimateOtherUSAGrasp Robotics is developing humanoid robots, beginning with a robotic hand.
Guardian Agriculture$14,999,973OtherUSAGuardian Agriculture provides advanced crop protection services.
Hantewin$1,386,654SeedChinaHantewin is an intelligent mobile robot manufacturer.
ideaForge$7,300,707OtherIndiaIdeaForge produces drones for mapping, security, and surveillance applications.
InnoplierEstimateSeedChinaInnoplier manufactures mobile robotbs for pipe inspection and maintance operations.
IONAEstimatePre-SeedUKIONA develops zero-emission autonomous drone solutions for logistics in low population density areas.
ISYBOT$3,233,933OtherFranceISYBOT is a designer and manufacturer of collaborative robots.
LandSkyAI$200,000SeedUSALandSkyAI offers a variety of autonomous robotics solutions.
Milvus Robotics$600,000OtherTurkeyMilvus Robotics provides intelligen, autonomous mobile robots.
Mobileye$1,617,000,000OtherIsraelMobileye produces vision-based advanced driver assistance systems.
MOVE ON$212,768Pre-SeedTurkeyMOVE ON produces AI-based Agtech solutions.
Nimbl'bot$2,155,685SeedFranceNimbl'bot produces snake like robots for a variety of tasks.
Novarc Technologies$2,065,000OtherCanadaNovarc specializes in the design and commercialization of collaborative robots for welding.
OttonomyEstimateSeedUSAOttonomy produces autonomous robots for contactless deliveries for both indoor and outdoor environments.
PaeonEstimateSeedUSAPaeon is a robotics company that develops adaptive prosthetics and autonomous robots.
Percepto$67,000,000Series CIsraelPercepto is a developer of autonomous drone technology for surveillance and inspections.
Realtime Robotics$9,500,000Series AUSARealtime Robotics develops a software platform for robots to function with minimal programming.
Renatus Robotics$2,000,000SeedJapanRenatus Robotics produces automated warehouse systems.
ROBO MedicalEstimateSeries AChinaROBO Medical is a medical robotics research and development company.
SAGE IntelligentEstimateSeedChinaSAGE Intelligent is a producer of mobile robotis for commercial and industrial applications.
SentinelSkyEstimateSeedUSASentinelSky offers first responder drone services.
silanaEstimateOtherAustriasilana develops technologies that automate the production process in the fashion industry.
sliQue RoboticsEstimateSeedUSAsliQue Robotics develops mobile robots and other technologies for various commercial sectors.
Teal Drones$1,200,000OtherUSATeal Drones produces unmanned aerial vehicle technology.
THINK Surgical$5,000,000OtherUSATHINK Surgical develops, manufactures and markets robotic surgical systems for orthopedic surgery.
Turin Robot$14,060,149Series AChinaTurin Robot provides industrial robot automation and intelligent system integration solutions.
United Aircraft$167,733,638Series DChinaUnited Aircraft specializes in the research and development of drones and other equipment.
UnitX$40,000,000Series BUSAUnitX provides deep learning inspection system for automated manufacturing.
Urban Machine$10,000OtherUSAUrban Machine manufactures robotics technology for lumber reclamation operations.
uWare Robotics$538,033SeedBelgiumuWare Robotics produces autonomous underwater vehicles (AUVs).
Virtual Incision$10,971,230OtherUSAVirtual Incision develops a miniaturized surgical robotic support device with a focus on colon resection.
Vision Aerial$307,281SeedUSAVision Aerial offers drones and drone flight services.
VoaigeEstimateOtherUSAVoaige provides a visioning software for robotics applications.
XSurgical Robotics$11,500OtherUSAXSurgical Robotics produces surgical robots.
ZikooEstimateSeries AChinaZikoo offers pallet storage robots and other intelligent storage solutions.

Companies based in the United States and China once again received the most number of rounds, 20 and 8, respectively (see Figure 1). However, firms based in Israel attracted the greatest amount of investment buoyed by $1.6 billion going to Mobileye, a maker of vision-based sensors for driver assist and autonomous driving applications. Similarly, Israel-based Percepto, a developer of autonomous drone technology for surveillance and inspections, attracted $67 million in Series C funding.

Providers of drones, drone-enabling technologies and analytic services continue to attract the attention of the investment community. Other examples include United Aircraft ($168M), B GARAGE ($20M) and ideaForge ($7M). Surgical robotics developers and their enabling technologies also continue to secure sizable funding rounds. For example, Aibo Medical Robot secured a $14M Series A investment, while Virtual Incision and THINK Surgical received investments of $10.9M and $5M, respectively.


Robotics Investments June 2023

Figure 1: June 2023 Robotics Investment by Country


June 2023 robotics investments were atypical in that most funding fell under the aegis of ‘Other’, a catchall descriptor for investments that do not include the typical stages of funding that businesses go through before their initial public offering (ex. Seed rounds followed by Series A, B, C, D and E funding). Mobileye’s post-IPO secondary round skewed the June 2023 results.


Robotics Investments June 2023

Figure 2: June 2023 Robotics Funding Amounts by Investment Type


Robotics Investments June 2023

Figure 3: June 2023 Robotics Funding Amounts by Investment Number and Amounts


Editor’s note: What defines robotics investments? The answer to this simple question is central in any attempt to quantify them with some degree of rigor. To make investment analyses consistent, repeatable, and valuable, it is critical to wring out as much subjectivity as possible during the evaluation process. This begins with a definition of terms and a description of assumptions.

Investors and investing
Investment should come from venture capital firms, corporate investment groups, angel investors, and other sources. Friends-and-family investments, government/non-governmental agency grants, and crowd-sourced funding are excluded.

Robotics and intelligent systems companies
Robotics companies must generate or expect to generate revenue from the production of robotics products (that sense, analyze, and act in the physical world), hardware or software subsystems and enabling technologies for robots, or services supporting robotics devices. For this analysis, autonomous vehicles (including technologies that support autonomous driving) and drones are considered robots, while 3D printers, CNC systems, and various types of “hard” automation are not.

Companies that are “robotic” in name only, or use the term “robot” to describe products and services that do not enable or support devices acting in the physical world, are excluded. For example, this includes “software robots” and robotic process automation. Many firms have multiple locations in different countries. Company locations given in the analysis are based on the publicly listed headquarters in legal documents, press releases, etc.

Verification
Funding information is collected from a number of public and private sources. These include press releases from corporations and investment groups, corporate briefings, market research firms, and association and industry publications. In addition, information comes from sessions at conferences and seminars, as well as during private interviews with industry representatives, investors, and others. Unverifiable investments are excluded and estimates are made where investment amounts are not provided or are unclear.

About The Author

Dan Kara

Dan Kara is Vice President, Research & Analyst Services at WTWH Media. He can be reached at dkara@wtwhmedia.com.

Tell Us What You Think! Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Articles Read More >

Agility's Digit humanoid working in a GXO facility.
Despite the hype, Interact Analysis expects humanoid adoption to remain slow
A graph showing North American robot orders from 2022 to Q1 of 2025.
A3: North American robot orders remain steady to start 2025
rbr50 logo and the podcast logo.
RBR50 recap: Spotlight on robotics innovation
Nicholaus Radford, founder of humanoid startup Persona AI, keynoted his experiences launching Robonaut II to the ISIS as shown above. Photo Credit: Joe Bibby/NASA
U.S. government policy shifts offer opportunities for robotics, note panelists

RBR50 Innovation Awards

“rr
EXPAND YOUR KNOWLEDGE AND STAY CONNECTED
Get the latest info on technologies, tools and strategies for Robotics Professionals.
The Robot Report Listing Database

Latest Episode of The Robot Report Podcast

Automated Warehouse Research Reports

Sponsored Content

  • Sager Electronics and its partners, logos shown here, will exhibit at the 2025 Robotics Summit & Expo. Sager Electronics to exhibit at the Robotics Summit & Expo
  • The Shift in Robotics: How Visual Perception is Separating Winners from the Pack
  • An AutoStore automated storage and retrieval grid. Webinar to provide automated storage and retrieval adoption advice
  • Smaller, tougher devices for evolving demands
  • Modular motors and gearboxes make product development simple
The Robot Report
  • Mobile Robot Guide
  • Collaborative Robotics Trends
  • Field Robotics Forum
  • Healthcare Robotics Engineering Forum
  • RoboBusiness Event
  • Robotics Summit & Expo
  • About The Robot Report
  • Subscribe
  • Contact Us

Copyright © 2025 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising | About Us

Search The Robot Report

  • Home
  • News
  • Technologies
    • Batteries / Power Supplies
    • Cameras / Imaging / Vision
    • Controllers
    • End Effectors
    • Microprocessors / SoCs
    • Motion Control
    • Sensors
    • Soft Robotics
    • Software / Simulation
  • Development
    • Artificial Intelligence
    • Human Robot Interaction / Haptics
    • Mobility / Navigation
    • Research
  • Robots
    • AGVs
    • AMRs
    • Consumer
    • Collaborative Robots
    • Drones
    • Humanoids
    • Industrial
    • Self-Driving Vehicles
    • Unmanned Maritime Systems
  • Business
    • Financial
      • Investments
      • Mergers & Acquisitions
      • Earnings
    • Markets
      • Agriculture
      • Healthcare
      • Logistics
      • Manufacturing
      • Mining
      • Security
    • RBR50
      • RBR50 Winners 2025
      • RBR50 Winners 2024
      • RBR50 Winners 2023
      • RBR50 Winners 2022
      • RBR50 Winners 2021
  • Resources
    • Automated Warehouse Research Reports
    • Digital Issues
    • eBooks
    • Publications
      • Automated Warehouse
      • Collaborative Robotics Trends
    • Search Robotics Database
    • Videos
    • Webinars / Digital Events
  • Events
    • RoboBusiness
    • Robotics Summit & Expo
    • DeviceTalks
    • R&D 100
    • Robotics Weeks
  • Podcast
    • Episodes
  • Advertise
  • Subscribe