The consumer robotics space showed steady growth in 2016 in terms of total funding dollars as it soared by 59% with total funding rounds climbing to 51.
By stage, funding round count climbed across the board-late by 200%, early by a marginal 5% and seed by 8%. Funding dollars by stage soared too-late showed a 240% growth, early climbed by 39% and seed by 284%.
Average ticket sizes showed an upward trend for seed by 385%, 38% for Series A and 4% for Series B.
By stage of entry, Techstars led the tally of top investor for seed, Foundry Group for Series A and B and a16z for later stage.
24 investments have marked this space till date with CloudMinds’ and Roobo’s Series A rounds of $100M each constituting top investments. Only one acquisition took place in the past year-Acutronic Robotics picking up Erle Robotics for an undisclosed amount.
Personal robots have been favoured the most in terms of investments historically; racking up dollars to the tune of $394M followed by robots developed for entertainment. Most active investors in this space include SOSV, Grishin Robotics and National Science Foundation.
Note: You can download the part view of the report here. The full version of this report is available for our paid subscribers. Should you want to access the complete report and explore the Tracxn platform, drop us a note on bd@tracxn.com
Download the Tracxn Industry Report on Consumer Robotics
