investment

Paderborn-based start-up Unchained Robotics has received €5.5 million of capital which will continue to fuel their global expansion and deepen their services and partnerships. Future Industry Ventures, Teklas Ventures, vent.io, and existing investors including business angels in the industry are backing the company. Unchained Robotics aims to use the investment to expand its sales and services, and to serve the booming demand for its new MalocherBot into a wider range of applications.

Clockwork, a self-care robotics company, has announced the launch of a new investment round. With $5.6 million already raised from investors, Clockwork is now opening a community investment round to the public, led by Arash Ferdowski, Dropbox Co-Founder and former CTO.

Worldwide IT spending is projected to total $5.1 trillion in 2024, an increase of 8% from 2023, according to the latest forecast by Gartner. While generative AI (GenAI) has not yet had a material impact on IT spending, investment in AI more broadly is supporting overall IT spending growth.

In a recent Gartner poll of more than 1,400 executive leaders, 45% reported that they are in piloting mode with generative AI, and another 10% have put generative AI solutions into production. This is a significant increase from a Gartner poll conducted in March and April 2023, in which only 15% of respondents were piloting generative AI and 4% were in production.

Figure, an AI Robotics company building general purpose humanoid robots, has announced a $9 million equity investment made by Intel Capital. This funding from Intel Capital helps strengthen Figure’s balance sheet and will accelerate the development of Figure 01 (the company’s autonomous humanoid robot), build out.

In a recent Gartner poll of more than 2,500 executive leaders, 45% reported that the publicity of ChatGPT has prompted them to increase artificial intelligence (AI) investments. Seventy percent of executives said that their organisation is in investigation and exploration mode with generative AI, while 19% are in pilot or production mode.

Countries around the world invest in robotics to support developments in industry and society. What are the exact targets of robotics research funding programs (R&D) officially driven by governments in Asia, Europe and America today? This has been researched by the International Federation of Robotics and published in the 2023 update paper of “World Robotics R&D Programs”.

Inspired by the succesful Invest in Odense events in Denmark the Danish representatives of Odense participated in the FundingBox Start-up Arena at Automatica in Munich, where new connections were made between investors and robot companies. Rocking Robots discussed this event with Martyna Waliszewska, Investment Manager at Invest in Odense.

Agility Robotics, manufacturer of robots designed to work alongside people in logistics and warehouse environments, has raised $150 million. This capital will be used to accelerate Agility’s R&D and scale its robot production.

In November and December 2021, Gartner surveyed 1,120 manager-level or higher respondents in organisations with at least $1 million in annual revenue in North America, Western Europe and Asia/Pacific to understand how organisations approach large-scale buying efforts for enterprise technology.