Tracxn Research - Industrial Robotics Landscape, February 2017

Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.
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Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.3
Contents
Topic Page No.
Scope of Report 04
Entrepreneur Activity 06
Investment Trend 13
Who is Investing 24
Exit Outlook - IPO, Acquisitions 28
Sub Sector Analysis 33
Interesting Companies 51
Useful Links 58
Company List 61
Team 177

Sector Overview
Scope of report
The report covers companies that develop robots that perform automation in industrial sector or help professionals in carrying
out their natural course of work.
Includes
Companies which develop robots that automate (sometimes perform intelligent automation of) a task primarily in industries.
These industries include manufacturing (production lines, warehouse automation), healthcare (surgical robots, rehabilitation
robots, disinfection robots etc.), agriculture, space, defense, textile, unmanned inspection/monitoring & maintenance vehicles
(water or land based) etc. The report also includes companies which develop software (machine vision, autopilot) or hardware
modules (actuators, sensors) specifically for industrial robots.
Excludes
Robots aimed at consumers, unmanned aerial vehicles, 3D printers, semi-autonomous mechanical systems, semi-autonomous
agricultural machinery such as tractors and combines, semi-autonomous heavy machinery such as cranes, trucks, and
production line equipment such as packaging & palletizing machines, autonomous conveyors etc.
The report includes both equity and debt funding received by companies.
Disclaimer: The information and data in the report is based on global developments tracked in the sector till January 11, 2017. This is to categorically state that any events
and relevant developments after the said date will not reflect in the report.

Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
5

50
43
62
56
86 84
20
0
20
40
60
80
100
2010 2011 2012 2013 2014 2015 2016
NumberofCompanies
6
YoY – Number of companies founded
Moon Express GreyOrange Transcriptic Savioke Fetch Robotics Sarcos Tend.ai
Persimmon Tech Blue River Technology KB Medical SA US Ladar Cambridge Medical Robotics 6River Systems Ready Robotics

Large Upcoming Sectors
No. of Companies
Founded
Average
Age
No. of Companies
Funded
Business Model
Total
Funding
Example
15 Feb-2012 6 Multi-Industry > Telepresence $1M swivl.com
Swivl
2010, San Carlos
20 Jan-2011 5 Service Robots > Hospitality $17M yogorobot.com
YOGO Robot
2016, Shanghai
22 Sep-2009 7
Maritime > Unmanned Surface
Vehicles
$100M liquid-robotics.com
Liquid Robotics
2007, Sunnyvale
28 May-2009 9 Agriculture $76M bluerivert.com
Blue River Technology
2011, Sunnyvale
40 May-2008 5
Multi-Industry > Multipurpose
Robotic Platforms
$59M plusonerobotics.com
PlusOne Robotics
2015, San Antonio
22 Sep-2007 9 Healthcare > Rehabilitation $41M alterg.com
AlterG
2005, Fremont
47 Feb-2006 37 Healthcare > Surgery $1.4B axilumrobotics.com
Axilum Robotics
2011, Strasbourg
51 Apr-2005 14 Military > Unmanned Vehicle Systems $120M robo-team.com
Roboteam
2009, Tel Aviv

Large Upcoming Sectors
No. of Companies
Founded
Average
Age
No. of Companies
Funded
Business Model
Total
Funding
Example
68 Aug-2002 16 Manufacturing > Material Handling $44M mh-automation.eu
MH Automation
2013, Thimister
56 May-2001 22 Logistics > Warehouse Automation $190M greyorange.com
GreyOrange
2011, Gurgaon
17 Nov-2000 5
Manufacturing > Material Handling >
Grippers
$19M grabitinc.com
Grabit
2011, Santa Clara
30 Aug-1995 8 Tech Enablers > Robot Vision $25M usladar.com
US Ladar
2013, San Francisco
62 May-1987 19 Manufacturing > Multi-Utility Robots $28M parirobotics.com
Pari Robotics
1990, Pune

Niche Upcoming Sectors
No. of Companies
Founded
Average
Age
No. of Companies
Funded
Business Model
Total
Funding
Example
6 Jan-2015 4 Logistics > Last Mile Delivery $2M zhenrobot.com
ZhenRobotics
2016, Beijing
2 Jan-2014 1 Textile $3M softwearautomation.c
om
SoftWear Automation
2014, Atlanta
15 Jul-2011 5 Infrastructure Services > Construction $19M q-bot.co
Q-Bot
2012, London
5 Feb-2010 4 Space $38M teamindus.in
Axiom Research Labs
2010, Bangalore
54 May-2008 8
Maritime > Automated Underwater
Vehicles
$2M planystech.com
Planys
2015, Chennai
8 Feb-2008 2 Tech Enablers > Sensing $680K accerion.tech
Accerion
2015, Venlo
3 Jan-2008 1 Healthcare > Disinfection $48M xenex.com
Xenex
2008, San Antonio
8 Jul-2007 3 Service Robots > Retail $23M bossanova.com
Bossa Nova Robotics
2005, Pittsburgh

Niche Upcoming Sectors
No. of Companies
Founded
Average
Age
No. of Companies
Funded
Business Model
Total
Funding
Example
13 Nov-2003 2
Military > Unmanned Vehicle Systems
> Explosive Ordnance Disposal
$4M resquared.com
RE2 Robotics
2001, Pittsburgh
13 Jun-2002 5 Logistics > Internal Logistics $53M aethon.com
Aethon
1997, Pittsburgh
23 Jun-1998 3
Infrastructure Services > Asset
Inspection
$55M redzone.com
RedZone
1987, Pittsburgh

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
11

YoY – Number of Rounds and Total Funding
$137M
$184M
$130M
$187M
$196M
$175M
$336M
$614M
$485M
19
24
26
30
38
51
61
86
83
0
20
40
60
80
100
0
140
280
420
560
700
2008 2009 2010 2011 2012 2013 2014 2015 2016
NumberofRounds
FundingAmount(inMillions)
Funding Amount Number of Rounds

YoY – Number of Rounds by Stage
8
14
18
23
19
257
11
15
22
37
40
6
5
6
7
15
7
0
16
32
48
64
80
2011 2012 2013 2014 2015 2016
NumberofRounds
Seed Early Late

YoY – Funding by Stage
$3M $16M $4M $16M $20M $31M$38M
$50M
$55M
$109M
$182M
$265M
$108M $89M $86M
$131M
$319M $120M
0
120
240
360
480
600
2011 2012 2013 2014 2015 2016
TotalFundingAmount(inMillions)
Seed Early Late

Average Ticket Size – Early Stage
$0.4M
$1.3M
$0.4M $0.9M
$1.5M
$2.1M
$4.3M
$5.1M
$6.1M $6.7M
$4.8M
$9.0M
$6.7M
$13.8M
$4.1M
$6.9M
$17.9M
$15.4M
0.0
4.0
8.0
12.0
16.0
20.0
2011 2012 2013 2014 2015 2016
Seed Series A Series B

Top investments in last one year
Company
Funding
Amount
Round
Name
Date Investors
robo-team.com
Roboteam
(Tel Aviv, 2009)
$50M Series B Sep-2016 Generali
aurisrobotics.com
Auris Surgical Robotics
(San Carlos, 2009)
$49M Series D Jul-2016 -
clearpathrobotics.com
Clearpath Robotics
(Kitchener, 2008)
$30M Series B Oct-2016 Inovia Capital, Caterpillar, GE Ventures, Eclipse VC, RRE Ventures, Silicon Valley Bank
cmedrobotics.com
Cambridge Medical
Robotics
(Cambridge, 2014)
$20M Series A Jul-2016 ABB Group, Cambridge Innovation Capital, LGT
rethinkrobotics.com
Rethink Robotics
(Boston, 2008)
$18M Series E Dec-2016
Adveq, Bezos Expeditions, Charles River Ventures, Highland Capital Partners, Sigma
Partners, Draper Fisher Jurvetson, Two Sigma Ventures, GE Ventures, Goldman Sachs
sarcos.com
Sarcos
(Salt Lake City, 2015)
$16M Series A Jan-2017 Schlumberger
savioke.com
Savioke
(Sunnyvale, 2013)
$15M Series A Jan-2016 Intel Capital, EDBI, Northern Light Venture Capital
intouchhealth.com
InTouch Technologies
(Santa Barbara, 2002)
$15M Series C Jun-2016 -

Company
Funding
Amount
Round
Name
Date Investors
usladar.com
US Ladar
(San Francisco, 2013)
$15M Series A Oct-2016 -
bossanova.com
Bossa Nova Robotics
(Pittsburgh, 2005)
$14M Series A Apr-2016 Walden Riverwood Ventures
saildrone.com
Saildrone
(Alameda, 2014)
$14M Series A Sep-2016 Social Capital, Capricorn, Lux Capital
seegrid.com
Seegrid
(Pittsburgh, 2003)
$14M Series C Apr-2016 -
neurala.com
Neurala
(Cambridge, 2006)
$14M Series A Dec-2016 -
transcriptic.com
Transcriptic
(Menlo Park, 2012)
$13M Series A Nov-2016 Data Collective, Digital Science, WuXi AppTec, AME Cloud Ventures
seegrid.com
Seegrid
(Pittsburgh, 2003)
$12M Series C Aug-2016 Giant Eagle, Inc.
hibot.co.jp
HiBot
(Tokyo, 2004)
$11M Series B Mar-2016 Mitsubishi UFJ Capital

Company
Funding
Amount
Round
Name
Date Investors
sarcos.com
Sarcos
(Salt Lake City, 2015)
$11M Series A Sep-2016 Caterpillar, Microsoft, GE Ventures, Cottonwood Technology Fund
rapyuta-robotics.com
Rapyuta Robotics
(Tokyo, 2014)
$10M Series A Sep-2016 SBI Investment
liferobotics.jp
Life Robotics
(Tokyo, 2007)
$9M Series B Nov-2016 Global Brain, Mitsui Fudosan, Koden Holdings, Mizuho Capital
locusrobotics.com
Locus Robotics
(Massachusetts, 2014)
$8M Series A May-2016 -
redzone.com
RedZone
(Pittsburgh, 1987)
$7M Series D Jan-2016 -
6river.com
6River Systems
(Boston, 2015)
$7M Seed Feb-2016 Eclipse VC, iRobot
5drobotics.com
5D Robotics
(Carlsbad, 2009)
$6M Seed Feb-2016 -
moonexpress.com
Moon Express
(Mountain View, 2010)
$5M Series C Dec-2016 -

Company
Funding
Amount
Round
Name
Date Investors
optofidelity.com
OptoFidelity
(Tampere, 2005)
$4M Series A May-2016 VisionPlus Fund, Finnish Industry Investment
exotecsolutions.com
Exotec Solutions
(Paris, 2015)
$4M Series A Dec-2016 360 Capital Partners, Breega Capital
carbon.ai
Carbon
$3M Series A Nov-2016 -
dobot.cc
Dobot
(Guangdong, 2014)
$3M Series A Apr-2016 -
persimmontech.com
Persimmon Tech
(Wakefield, 2010)
$3M Series B Oct-2016 -
ecorobotix.com
ecoRobotix
(Yverdon-les-bains,
2011)
$3M Series A Nov-2016 Investiere, Business Angels
xenex.com
Xenex
(San Antonio, 2008)
$3M Series B Aug-2016 -
q-bot.co
Q-Bot
(London, 2012)
$3M Seed Mar-2016 ClearlySo, European Commission

Company
Funding
Amount
Round
Name
Date Investors
kbmedical.com
KB Medical SA
(Lausanne, 2012)
$3M Series B Oct-2016 Kinled
astrobotic.com
Astrobotic
(Pittsburgh, 2008)
$3M Seed May-2016 Space Angels Network
eiratech.com
EiraTech
(Dublin, 2014)
$2M Angel Mar-2016 -
liferobotics.jp
Life Robotics
(Tokyo, 2007)
$2M Series A Mar-2016 Koden Holdings, Mitsubishi UFJ Capital, OMRON
dispatch.ai
Dispatch
$2M Seed Apr-2016 Andreessen Horowitz
tend.ai
Tend.ai
(Bend, 2016)
$2M Seed Jun-2016 True Ventures
automarinesys.com
Autonomous Marine
Systems
(Arlington, 2008)
$2M Seed Feb-2016
Clean Energy Venture Group, Fontinalis Partners, Industrial Investors, Signal Ventures,
I2BF Global Ventures, Texas Halo Fund
ready-robotics.com
Ready Robotics
(Baltimore, 2016)
$2M Seed Jun-2016 RRE Ventures, Eniac Ventures, Emerald Development Managers

Funnel view of Sector
Percent of
Previous
31%
33%
46%
78
25
40
87
266
851
0 180 360 540 720 900
M&A & IPO
Late
Series B
Series A
Funded
Founded
Number of Companies

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
23

Most Active Investors in Sector
9
7
6
5 5 5
4 4 4 4
0
2
4
6
8
10
Innovation
Works
SOSV High-Tech
Grunderfonds
ABB
Group
Eclipse VC Techstars AME Cloud
Ventures
National Science
Foundation
Orkos
Capital
Plug and Play
Tech Center
TotalNumberofRounds
RedZone Carbon Synapticon
Cambridge Medical
Robotics
Clearpath
Robotics
Neurala Transcriptic Persimmon Tech Neurala Knightscope
Seegrid Dispatch Magazino Persimmon Tech 6River Systems Carbon Savioke BluHaptics Balyo Grabit Inc

Where are Top Investors investing
Innovation
Works
SOSV
High-Tech
Grunderfonds
ABB Group Eclipse VC Techstars
AME Cloud
Ventures
National
Science
Foundation
Orkos
Capital
Plug and
Play Tech
Center
Healthcare Blue Belt Tech OpenTrons
Medineering,
Reactive
Robotics
Cambridge
Medical
Robotics
Transcriptic
Andros
Robotics
Logistics
Seegrid,
Aethon, IAM
Robotics
Dispatch Magazino
6River
Systems,
Marble
CtrlWorks Balyo
Manufacturing Titan Robotics
Carbon,
Rational
Robotics
Revobotik,
Bionic Robotics
Persimmon
Tech, Grabit,
Soft Robotics
Modbot
Carbon,
Rational
Robotics
Modbot
Persimmon
Tech
Grabit
Military RE2 Robotics
Multi-Industry Rovenso
Clearpath
Robotics
Knightscope
Tech Enablers Hebi Robotics Synapticon
Kinema
Systems
Neurala, Muse
Robotics
Canvas
Technology
BluHaptics,
Energid
Neurala, ALCI
SAS, ez-Wheel
SynTouch

Top Investor by Stage of Entry
Blume Ventures 2
Synergy Life Science Partner 2
Versant Ventures 2
3i Group 1
ABB Group 1
Acacia Venture Partners 1
Advent Venture Partners 1
Aisling Capital 1
Alafi Capital 1
Alloy Ventures 1
20/20 HealthCare Partners 1
ABS Capital Partners 1
Accel Partners 1
Advantage Capital 1
Advent Venture Partners 1
Adveq 1
Agate Medical investments 1
Allen & Company 1
Alloy Ventures 1
Alta Partners 1
Seed Series A Series B Later Stage
Innovation Works 3
ABB Group 2
Data Collective 2
Draper Triangle 2
Finnish Industry Investment 2
High-Tech Grunderfonds 2
Intel Capital 2
Lux Capital 2
Sequoia Capital 2
360 Capital Partners 1
High-Tech Grunderfonds 5
Techstars 4
AME Cloud Ventures 2
Almi 2
GV 2
Grishin Robotics 2
HAX 2
Qualcomm Robotics
Accelerator
2
Space Angels Network 2
True Ventures 2

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
27

Top IPOs in last three years
IPO Date Company Overview
Funding
Amount
Exch:Ticker
Jun-2015 fbr.com.au
Fastbrick Robotics
(Perth, 2005)
Brick laying robots
Hunter Hall
- ASX:FBR
Nov-2014 estun-robotics.com
Nanjing Estun Automation
(Nanjing, 1993)
Developer of industrial robotic manipulators
- CH:002747
Aug-2014 corindus.com
Corindus Vascular Robotics
(Waltham, 2001)
Robotics for surgery
20/20 HealthCare Partners, HealthCor Partners, Hobart Group
$90.51M NYSEMKT:CVRS

Major Acquisitions in last one year
Date Company Acquirer Deal Size Overview
Total
Funding
Jan-2017 liquid-robotics.com
Liquid Robotics
(Sunnyvale, 2007)
Boeing Undisclosed
Develops unmanned surface vehicles propelled by wave energy
Riverwood Capital, VantagePoint Capital Partners, Schlumberger
$82.14M
Dec-2016 autostoresystem.com
AutoStore
(Amsosen, 1971)
EQT Partners Undisclosed
Warehouse automation by using AGVs
-
Sep-2016 mrmoco.com
Mark Roberts Motion Control
(Farnborough, 1966)
Nikon Undisclosed
Develops high-speed motion camera robot
-
Jul-2016 medtech.fr
Medtech
(Paris, 2002)
Zimmer
Biomet
Undisclosed
Developer of surgical assistance robots and robotic arm
Newfund, Midi Capital, Ally Bridge Group
$20.99M
Jun-2016 gimatic.com
Gimatic
(Roncadelle, 1985)
AGIC Group $112M
Developer of grippers and End-of-arm tooling for robots
Xenon Private Equity
-
May-2016 kuka-robotics.com
KUKA Robotics
(Augsburg, 1898)
Midea Group $5B
Industrial robots and manipulators
Voith
-
May-2016 svia.com
SVIA
(Jonkoping, 1998)
ABB Undisclosed Developer of industrial robot cells and machine vision products -
Apr-2016 hansenmedical.com
Hansen Medical
(Mountain View, 2002)
Auris Surgical
Robotics
$80M
Robotic catheter for complex procedures
Prospect Venture Partners, Kearny Venture Partners, Skyline
Ventures, De Novo Ventures, Catalyst Heath Ventures
-

Major Acquisitions in last one year
Date Company Acquirer Deal Size Overview
Total
Funding
Apr-2016 jotautomation.com
JOT Automation
(Oulu, 1988)
Wuxi Lead
Intelligent
Equipment Co.
Undisclosed
Automated test and assembly solutions for smart products.
-
Mar-2016 ndcautomation.com
NDC Automation
(Chatswood, 1999)
Dematic Undisclosed
Developers of AGVs for warehouse automation
-
Mar-2016 interactive-motion.com
Interactive Motion
(Watertown, 1998)
Bionik Laboratories Undisclosed
Robotic help for neurorehabilitation and robotic gym
$300K
Feb-2016 bluefinrobotics.com
Bluefin Robotics
(Quincy, 1997)
General Dynamics
Mission Systems
Undisclosed
AUVs and related technologies
-
Jan-2016 smd.co.uk
Soil Machine
Dynamics
(Wallsend, 1971)
Zhuzhou CRRC
Times Electric
Company
Undisclosed
Developers of ROV for sub-sea exploration
-

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
31

January 2017
Cumulative funding in the sectorPractice Area - Technology | Analyst: @kartickm
Tracxn BlueBox : Industrial Robotics
850+ companies in the sector, 167 funded in last 5 years, $462M invested in 2016
Most Active Investors: Innovation Works, SOSV, High-Tech Gründerfonds, ABB & Eclipse VC
HEALTHCARE $1.3B
MILITARY
Unmanned Vehicle Systems
Roboteam (2009, $62M)
LOGISTICS $220MMANUFACTURING
Multi-Utility Robots
Pari Robotics (1990, $9M)
Material Handling - Robotic
Arms
Life Robotics (2007, $13M)
Material Handling - Grippers
Grabit (2011, 11M)
Painting
Rational Robotics (1981, $145K)
Drilling
Robotic Drilling Systems (2005)
$194M
Warehouse Automation
Seegrid (2003, $47M)
Internal Logistics
Aethon (1997, $44M)
$101M
Surgery
Auris Surgical (2009, $233M)
Disinfection
Xenex (2008, $48M)
Telepresence
InTouch Technologies (2002, $64M)
Rehabilitation
AlterG (2005, $23M)
Laboratory Automation
Protedyne (2000, $22M)
Pharmacy Automation
NewIcon (2007, $2.85M)
TECH ENABLERS $74M
Simulation & Programming
Mujin (2011, $7M)
Navigation
5D Robotics (2009, $5.5M)
Robot Vision
US Ladar (2013, $15M)
Control Systems
Neurala (2006, $16M)
SERVICE ROBOTS $45M
INFRASTRUCTURE SVC.
Asset Inspection
RedZone Robotics (1987, $52M)
$58M
Hospitality
Savioke (2013, $18M)
Retail
Bossa Nova Robotics (2005, $23M)
MARITIME
Unmanned Surface Vehicles
Liquid Robotics (2007, $82M)
$102M
AGRICULTURE
Blue River Technology (2011, $30M)
$64M

Top Business Models by Funding
$1.4B
$220M $195M
$117M $102M $84M $75M $64M $59M $45M
0
320
640
960
1280
1600
Healthcare Logistics Manufacturing Military Maritime Multi-
Industry
Tech Enablers Agriculture Infrastructure
Services
Service
Robots
TotalFundingAmount(inMillions)
Avg. Age May-04 Aug-02 Aug-95 Jul-05 Nov-08 Aug-09 Sep-04 May-09 Sep-03 Nov-04
# Cos. 107 76 165 53 82 67 134 28 38 50
Auris Surgical Robotics Seegrid Rethink Robotics Roboteam Liquid Robotics Clearpath Robotics Neurala Blue River Technology RedZone Bossa Nova Robotics
Medrobotics Aethon Persimmon Tech Sarcos Saildrone HiBot US Ladar Harvest Automation Q-Bot Savioke

Healthcare – Business Model Description
Robotic systems to help in surgery, rehabilitation & other healthcare activities
Surgery Rehabilitation Laboratory Automation Pharmacy Automation Simulation Training
Robots used in
rehabilitation of patients
Robots that help in
automating laboratory
activities
Robots that help in
automated dispensing in
pharmacies.
Robots providing
simulation training of
surgery
Remotely controlled non
invasive surgical systems

Healthcare – Entrepreneur Activity and
Investment Trend
$104M
$143M
$78M
$117M
$93M
$60M
$240M
$365M
$156M8
13
15
16
12
13
20 19
14
0
5
10
15
20
25
0
80
160
240
320
400
2008 2009 2010 2011 2012 2013 2014 2015 2016
NumberofRounds
YoY – Total Funding and No. of Rounds
6
10
4
6
7
5
10
6
0
2
5
7
10
12
2008 2009 2010 2011 2012 2013 2014 2015
NumberofCompaniesFounded
YoY – No. of Companies Founded
51
7 7 7 6 6
3 3
0
12
24
36
48
60
United
States
France Israel Switzer-
land
Germany United
Kingdom
Canada Italy
NumberofCompanies
Distribution of Companies across Countries
$1.2B
$77M $58M
121
31
17
0
28
56
84
112
140
0
280
560
840
1120
1400
Surgery Telepresence Laboratory
Automation
NumberofCompanies
BM wise Investment

Healthcare – Most Funded Companies
Company Overview Business Model
Funding
Amount
aurisrobotics.com
Auris Surgical Robotics
(2009, San Carlos)
Robotic surgical system for ophthalmology
Highland Capital Partners, Lux Capital, NaviMed Capital, Mithril, Korea Investment Partners
Healthcare > Surgery $233.11M
medrobotics.com
Medrobotics
(2005, Raynham)
Flexible robotic surgical devices for laparoscopic procedures
HTGC, Pittsburgh Life Sciences Greenhouse, Rosetta Capital Corporation
restorationrobotics.com
Restoration Robotics
(2002, San Jose)
Robot based hair transplant solution
InterWest Partners, Sutter Hill Ventures, Alloy Ventures, Clarus Ventures
makosurgical.com
MAKO Surgical
(2004, Lauderdale)
Robotic and implantable surgical solutions
Ziegler Meditech Equity Partners, IvyCap Ventures, Alta Partners, Skyline Ventures, Lumira
Capital, Aperture Venture Partners, Deerfield, Montreux Equity Partners, Sycamore Ventures,
MDS Capital, MediTech Advisors
transenterix.com
TransEnterix
(2006, Durham)
Develops robotic surgery platforms
Saints Capital, Intersouth Partners, Quaker Partners, SV Life Sciences, Aisling Capital, Synergy Life
Science Partner, Quaker Partners
Healthcare > Surgery $96M
orayainc.com
Oraya Therapeutics
(2007, Newark)
Robotic treatment to cure macular degeneration in eye
National Institutes of Health, Scale Venture Partners, Essex Woodlands, HTGC, Domain
Associates, Synergy Life Science Partner, Zeiss
corindus.com
Corindus Vascular
Robotics
(2001, Waltham)
Robotics for surgery
20/20 HealthCare Partners, HealthCor Partners, Hobart Group
intouchhealth.com
(2002, Santa Barbara)
Proprietary communications and mobile robotic platform
Beringea, Acacia Venture Partners, InvestMichigan, Galen Partners, iRobot
Healthcare >
Telepresence
$63.69M

Warehouse Automation Internal Logistics Last Mile Delivery
38
Logistics – Business Model Description
Robotic solutions related to automation of logistics and warehouse operations
Robots used in warehouses that help in
order fulfilment
Robots that solve internal logistics
problems in commercial institutions
Robots that perform last mile delivery
operations

Logistics – Entrepreneur Activity and Investment
Trend
$18M
$4M $9M $9M
$17M
$2M
$19M
$88M
$50M
4
2 2 2
6
1
4
16
12
0
4
7
11
14
18
0
20
40
60
80
100
2008 2009 2010 2011 2012 2013 2014 2015 2016
NumberofRounds
1
2
3
5 5
4
10
11
3
0
2
5
7
10
12
2008 2009 2010 2011 2012 2013 2014 2015 2016
27
6 6 5 4 3 2 2
0
6
12
18
24
30
United
States
France Germany China India Belgium Austria Canada
NumberofCompanies
$170M
$48M
$2M
43
15
4
0
10
20
30
40
50
0
36
72
108
144
180
Warehouse Automation Internal Logistics Last Mile Delivery
NumberofCompanies
BM wise Investment

Logistics – Most Funded Companies
Funding
Amount
seegrid.com
Seegrid
(2003, Pittsburgh)
Vision Guided Vehicles with auto-navigation
Innovation Works, Giant Eagle, Inc.
Logistics > Warehouse
Automation
$46.56M
aethon.com
Aethon
(1997, Pittsburgh)
Autonomous robots for internal logistics in hospitals
Trident Capital, Innovation Works, Draper Triangle, Robert Bosch Venture Capital, Radius
Ventures, Nexus Medical Partners, Mitsui, Salix Ventures, Ascension Ventures
Logistics > Internal
Logistics
$44.36M
greyorange.com
GreyOrange
(2011, Gurgaon)
Develops warehouse automation robots
Tiger Global Management, Alps Venture, Blume Ventures
Automation
$38.58M
fetchrobotics.com
Fetch Robotics
(2014, San Jose)
Robots for logistics and light industrial markets
O'Reilly AlphaTech Ventures, Shasta Ventures, Softbank
Automation
$23M
kivasystems.com
Kiva Systems
(2003, North Reading)
Mobile-robotic Fulfilment System
Bain Capital Ventures,
Automation
$16.6M
locusrobotics.com
Locus Robotics
(2014, Massachusetts)
Warehouse fulfillment & automation through robots Logistics > Warehouse
Automation
$14M
balyo.com
Balyo
(2005, Moissy-cramayel)
Mobile robotics for logistics
Orkos Capital, Bpifrance, Seventure Partners, Linde Material Handling, Robolution Capital
Automation
$10.7M
jtrobots.com
Jaten Robot &
Automation
(2001, Foshan)
Automated guided vehicle manufacturer Logistics > Warehouse
Automation
$7.45M

Manufacturing – Business Model Description
Robots designed to automate factory and manufacturing operations
Material Handling Multi-Utility Robots Welding Quality Control Painting
Robots used to perform
a host of industrial
activities
Robots used in welding
activities
Robotic technology used
in quality check activities
Robots used in painting
activities
Robots used in material
handling activities

Manufacturing – Entrepreneur Activity and
Investment Trend
$7M
$16M
$20M
$33M
$22M
$18M
$80M
$47M
2
3 1
2
4
10
9
17
10
0
4
7
11
14
18
0
18
36
54
72
90
2008 2009 2010 2011 2012 2013 2014 2015 2016
NumberofRounds
6
8
9 9
11
7 7
6
2
0
2
5
7
10
12
2008 2009 2010 2011 2012 2013 2014 2015 2016
54
21
17
11 9 7 7 6
0
12
24
36
48
60
United
States
China Germany India United
Kingdom
Canada Switzer-
land
Japan
NumberofCompanies
$44M
$18M
36
15
0
8
16
24
32
40
0
10
20
30
40
50
Material Handling Multi-Utility Robots
NumberofCompanies
BM wise Investment

Manufacturing – Most Funded Companies
Funding
Amount
rethinkrobotics.com
Rethink Robotics
(2008, Boston)
Develops Baxter, a collaborative robot for manufacturing sector
Goldman Sachs, Highland Capital Partners, Charles River Ventures, Goldman Sachs, Draper
Fisher Jurvetson, Sigma Partners, Bezos Expeditions, Sigma Prime Ventures, Two Sigma
Ventures, Adveq, Wellington Management, GE Ventures
Manufacturing $113.5M
persimmontech.com
Persimmon Tech
(2010, Wakefield)
Developer of vacuum robotics and automation for semiconductor industry
ABB Group, Intel Capital, HTGC, National Science Foundation, Berwind Private Equity, Nidec
Sankyo Corporation
Manufacturing $19M
liferobotics.jp
Life Robotics
(2007, Tokyo)
Collaborative robot arm
Mizuho Capital, Mitsubishi UFJ Capital, Nippon Technology Venture Partners, Mitsui Fudosan,
OMRON, Lead Capital Management, Global Brain, Koden Holdings
Manufacturing > Material
Handling > Robotic Arms
$13.22M
grabitinc.com
Grabit
(2011, Santa Clara)
Electroadhesion products for material handling and robotics
ABB Group, Nike, Plug and Play Tech Center, Formation 8, Draper Nexus, Danhua Capital,
flextronics
Handling > Grippers
$10.6M
parirobotics.com
Pari Robotics
(1990, Pune)
Manufacturer of precision automation and robotics products and technologies
Axis Holdings
Manufacturing > Multi-
Utility Robots
$8.8M
carbon.ai
Carbon
(2014, San Francisco)
Developer of intelligent robotic arms
Techstars, Qualcomm Robotics Accelerator, V1.VC, SOSV
Handling > Robotic Arms
$5.63M
qkmtech.com
QKM Tech
(2013, Shenzhen)
Industrial robot automation technology
Sequoia Capital, SAIF Partners China, FutureCap
Utility Robots
$4.5M
softroboticsinc.com
Soft Robotics
(2013, Cambridge)
Manufactures robotic grippers and control system
ABB Group, In-Q-Tel, Haiyin Capital
Handling > Grippers
$4.45M

Military – Business Model Description
Robotics solutions with military applications such as reconnaissance, explosive ordnance disposal etc.
Unmanned robotic platforms used
for military operations

Military – Entrepreneur Activity and Investment
Trend
$9M
$2M
$14M
$2M $3M
$62M
2
1
2
3 3 3
3
0
1
1
2
3
4
0
14
28
42
56
70
2010 2011 2012 2013 2014 2015 2016
NumberofRounds
4
5
4
2 2
3
5
3
1
0
1
2
4
5
6
2008 2009 2010 2011 2012 2013 2014 2015 2016
23
8
5
3
2 2 2
1
0
5
10
15
20
25
United
States
Israel Canada France Russia South
Korea
Spain Australia
NumberofCompanies
$117M
21
0
5
10
15
20
25
0
28
56
84
112
140
NumberofCompanies
BM wise Investment

Military – Most Funded Companies
Funding
Amount
robo-team.com
Roboteam
(2009, Tel Aviv)
Unmanned Ground Vehicles development and manufacturing
Generali, Crossroads Capital, F&H Fund Management
Military > Unmanned
Vehicle Systems
$62M
sarcos.com
Sarcos
(2015, Salt Lake City)
Developers of dexterous robotic systems for use in unstructured environments
Microsoft, Caterpillar, Schlumberger, Cottonwood Technology Fund, GE Ventures
Military > Unmanned
Vehicle Systems
$26.13M
robotex.com
RoboteX
(2007, Sunnyvale)
Robots for military and law enforcement
Subtraction Capital
Military > Unmanned
Vehicle Systems
$25.09M
resquared.com
RE2 Robotics
(2001, Pittsburgh)
Developer of manipulation systems
Innovation Works, Draper Triangle, TATRC, Startbot, NIH SBIR, Riverfront Ventures
Military > Unmanned
Vehicle Systems >
Explosive Ordnance
Disposal
$2.25M
introbot.pt
IntroBot
(2009, Palmela)
Robotic platform for reconnaissance missions Military > Unmanned
Vehicle Systems
$578K
reconrobotics.com
ReconRobotics
(2006, Edina)
Tactical micro-robot systems Military > Unmanned
Vehicle Systems
$353k
targamite.com
Targamite
(2013, Fort Wayne)
Robotic programmable target system
Elevate Ventures, Indiana Angel Network
Military > Unmanned
Vehicle Systems
$325K
blackirobotics.com
Black-I Robotics
(2006, Tyngsboro)
UGVs and rescue bots Military > Unmanned
Vehicle Systems
$168k

Maritime – Business Model Description
Robots with marine applications such as ocean monitoring, weather data collection, ocean debris collection etc.
Automated Underwater Vehicles
Robotic technology applied to
underwater vehicles
Robotic technology applied to
unmanned surface vessels

Maritime – Entrepreneur Activity and Investment
Trend
$46M
$0.4M $2M
$17M
4
2
4
5
0
1
2
4
5
6
0
10
20
30
40
50
2013 2014 2015 2016
NumberofRounds
3
5
6
3
8
4
11
10
5
0
2
5
7
10
12
2008 2009 2010 2011 2012 2013 2014 2015 2016
38
8
4 3 3 3 3 3
0
8
16
24
32
40
United
States
United
Kingdom
China Canada France Italy Nether
lands
Portugal
NumberofCompanies
$100M
17
0
4
7
11
14
18
0
24
48
72
96
120
NumberofCompanies
BM wise Investment

Maritime – Most Funded Companies
Funding
Amount
liquid-robotics.com
Liquid Robotics
(2007, Sunnyvale)
Develops unmanned surface vehicles propelled by wave energy
Riverwood Capital, VantagePoint Capital Partners, Schlumberger
Maritime > Unmanned
Surface Vehicles
$82.14M
saildrone.com
Saildrone
(2014, Alameda)
Develops autonomous unmanned surface vehicle (USV)
Lux Capital, Capricorn, Social Capital, Schmidt Family Foundation
Maritime > Unmanned
Surface Vehicles
$16.5M
automarinesys.com
Autonomous Marine Systems
(2008, Arlington)
Self-righting catamaran
Fontinalis Partners, I2BF Global Ventures, Signal Ventures, Texas Halo Fund, Industrial
Investors, SURGE Ventures, Virginia Velocity, Clean Energy Venture Group
Maritime > Unmanned
Surface Vehicles
$1.6M
openrov.com
OpenROV
(2010, Berkeley)
Open-source underwater robot
True Ventures, SK Ventures
Maritime > Automated
Underwater Vehicles
$1.3M
riptideas.com
Riptide Autonomous Solutions
(2015, Boston)
Unmanned Maritime Vehicle production
Maritime $333K
harborwingtech.com
Harbor Wing Tech
(2003, Seattle)
Designs and develops AUSVs for various industrial applications Maritime > Unmanned
Surface Vehicles
$186K
exocetussystems.com
Exocetus Autonomous Systems
(2016, Wallingford)
Develops a marine underwater robot for research and exploration Maritime > Automated
Underwater Vehicles
-
deepinfar.com
Deepfar Ocean Technology Co.
(2013, Tianjin)
Performs R&D and develops underwater robots Maritime > Automated
Underwater Vehicles
-

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
50

Interesting Unfunded Companies
Company Overview
Business
Model
Franka
(2016, Munich)
Collaborative robot arm with intuitive app-based programming Manufacturing > Material Handling > Robotic
Arms
Roboception
(2015, Munich)
Develops sensors for visual perception in robots
Tech Enablers > Robot Vision
Dibotics
(2015, Paris)
Develops platform for enabling 3D SLAM technology Tech Enablers > Navigation
Verb Surgical
(2015, Mountain View)
Developing surgical robots with better AI
Healthcare > Surgery
Runner Robotics
(2015, Toronto)
Developing surgical robots with better AI Logistics > Internal Logistics
Curated list of companies by the sector analyst are defined as Interesting

Interesting Seed Companies
Total
Funding
teamindus.in
Axiom Research Labs
(2010, Bangalore)
Developing and building space rovers
Space $3M
astrobotic.com
Astrobotic
(2008, Pittsburgh)
Space robotics tech
Space Angels Network, XPRIZE
Space $2.65M
yogorobot.com
YOGO Robot
(2016, Shanghai)
Service robot manufacturer
IDG Capital Partners
Service Robots > Hospitality -

Interesting Series A Companies
Total
Funding
transcriptic.com
Transcriptic
(2012, Menlo Park)
Cloud-based remote robotic bio-lab
IA Venttures, 500 Startups, AME Cloud Ventures, Founders Fund, Silicon Valley Bank, GV,
Data Collective, Boost VC, Digital Science, WuXi AppTec, Accelerator Tech, MITS Fund
Healthcare > Laboratory
Automation
$27.7M
bossanova.com
Bossa Nova Robotics
(2005, Pittsburgh)
Develops robots for retail stores
Riverwood Capital, Innovation Works, Walden Riverwood Ventures
Service Robots > Retail $23.11M
zenrobotics.com
ZenRobotics
(2007, Helsinki)
Robots for the recycling industry
Lifeline Ventures, Invus
Energy, Environment &
Recycling
$17M
parirobotics.com
Pari Robotics
(1990, Pune)
Manufacturer of precision automation and robotics products and technologies
Axis Holdings
Utility Robots
$8.8M
vigilantrobots.com
Gamma 2 Robotics
(2012, Denver)
Security robot based auto monitoring solutions
Foxlink, Han Hai Investment, Newgen Venture Partners
Multi-Industry >
Surveillance
$3.55M

Interesting Series B Companies
Total
Funding
greyorange.com
GreyOrange
(2011, Gurgaon)
Tiger Global Management, Alps Venture, Blume Ventures
Automation
$38.58M
bluerivert.com
(2011, Sunnyvale)
Computer vision and robotics for agriculure
Khosla Ventures, Steve Blank, Innovation Endeavors, Data Collective, Ulu Ventures, ATEL
Capital Group, Stanford Angels and Entrepreneurs, Pontifax Agtech
Agriculture $30.1M
fetchrobotics.com
Fetch Robotics
(2014, San Jose)
O'Reilly AlphaTech Ventures, Shasta Ventures, Softbank
Automation
$23M

Interesting Late Stage Companies
Total
Funding
rethinkrobotics.com
Rethink Robotics
(2008, Boston)
Goldman Sachs, Highland Capital Partners, Charles River Ventures, Goldman Sachs,
Draper Fisher Jurvetson, Sigma Partners, Bezos Expeditions, Sigma Prime Ventures, Two
Sigma Ventures, Adveq, Wellington Management, GE Ventures
Manufacturing $113.5M
intouchhealth.com
(2002, Santa Barbara)
Proprietary communications and mobile robotic platform
Beringea, Acacia Venture Partners, InvestMichigan, Galen Partners, iRobot
Healthcare >
Telepresence
$63.69M

Top Funded Deadpooled Companies
Total
Funding
Oraya Therapeutics
( 2007, Newark)
Robotic treatment to cure macular degeneration in eye
National Institutes of Health, Scale Venture Partners, Essex Woodlands, HTGC, Domain
Associates, Synergy Life Science Partner, Zeiss
Healthcare > Surgery $92M
QBotix
( 2010, Menlo Park)
Autonomous and rugged robot for solar power plants operation
NEA, Draper Fisher Jurvetson, Siemens Venture Capital, Draper Nexus, E.on, Firelake
Capital, Iberdrola
Energy, Environment
& Recycling
$23.5M

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
57

Useful Links
Slide Title Content Platform Link
List of All Companies in readable format Companies Link
Large Upcoming Sectors Entrepreneur Activity Link
Niche Upcoming Sectors Entrepreneur Activity Link
Top investments in last one year Investment Trend Link
Major Acquisitions in last one year Exit Outlook - Acquisitions Link
Top Funded Deadpooled Companies Companies Link

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
60

Industrial Robotics – Company List
Healthcare Logistics Manufacturing Military Maritime Multi-Industry Tech Enablers
Agriculture
Infrastructure
Services
Service Robots
Energy,
Environment &
Recycling
Space Electronics Textile
Media &
Entertainment
266 FUNDED COMPANIES AND 585 UNFUNDED COMPANIES
COVERS THE FOLLOWING SECTORS

Healthcare (1/14)
Company Overview Business Model Total Funding
Equine 4DDI
(2015, New York City)
Develops robotically driven imagers for diagnostic imaging of pets
(horses)
Xenex
(2008, San Antonio)
Disinfection robots for healthcare facilities
Battery Ventures, RK Ventures, Targeted Technology Funds, Brandon
Point Industries
Disinfection $48.3M
Infection Prevention
Technologies
(2009, Auburn Hills)
Robots for UV based disinfection in hospitals
Disinfection
Tru-D
(2007, Memphis)
UV based bug slaying robot for use in hospitals
Disinfection
Transcriptic
(2012, Menlo Park)
Cloud-based remote robotic bio-lab
IA Venttures, 500 Startups, AME Cloud Ventures, Founders Fund, Silicon
Valley Bank, GV, Data Collective, Boost VC, Digital Science, WuXi
AppTec, Accelerator Tech, MITS Fund
Laboratory Automation $27.7M
Protedyne
(2000, Windsor Locks)
Develops robotic platform for laboratory automation
Village Ventures, Allen & Company, New Leaf Ventures, Sprout Group,
Boston Community Capital, Meridian Venture Partners, Long River
Ventures
Laboratory Automation $22M
Peak Analysis and
Automation
(1992, Farnborough)
Laboratory automation robotics for the pharmaceutical &
biotechnology industries
UCB
Go to BM List >> Logistics

Healthcare (2/14)
BioNex Solutions
(2009, San Jose)
Laboratory Automation Robot for bio-pharmaceuticals and biotech
Primadiag
(2007, Romainville)
Robotics platforms for rapid automation of biology protocols
SmartAngels Laboratory Automation $639K
Sias
(2000, Hombrechtikon)
Developer of lab automation and liquid handling robots
BioMedInvest Laboratory Automation
Ginolis
(2010, Oulunsalo)
Liquid handling and lab automation robots
Almi Laboratory Automation
OpenTrons
(2014, Brooklyn)
Liquid handling robot for lab automation
SOSV Laboratory Automation
aBioBot
(2015, Columbus)
Liquid handling robot for laboratories
Dornier-LTF
(, Lindau)
Develops a pippeting robot
Hudson Robotics
(1983, Springfield Township)
Automation and robotic materials handling for Laboratories

Healthcare (3/14)
Andrew Alliance
(2011, Geneva)
Liquid handling robot for laboratories
Omega Fund Laboratory Automation
NewIcon
(2007, Kuopio)
Automated storage solutions for hospitals and pharmacies
Etera, Finnish Industry Investment Pharmacy Automation $2.85M
KIRO Robotics
(2010, Mondragon)
Robots for automated compounding of intravenous treatments
Pharmacy Automation
Techcon Systems
(1961, Garden Grove)
Automated dispensing systems for pharmacies
Pharmacy Automation
Rowa Technologies | BD
(1996, Kelberg)
Automated Pharmacy dispensing robots
Pharmacy Automation
Parata Systems
(2001, Durham)
Pharmacy dispensing solutions
Pharmacy Automation
RxSafe
(2008, Vista)
Pharmacy automation and dispensing solutions
Pharmacy Automation
Innovation Associates
(1972, Johnson)
Pharmacy automation solutions
Pharmacy Automation

Healthcare (4/14)

Healthcare (5/14)

Healthcare (6/14)

Healthcare (7/14)

Healthcare (8/14)

Healthcare (9/14)

Healthcare (10/14)

Healthcare (11/14)

Healthcare (12/14)

Healthcare (13/14)

Healthcare (14/14)

Logistics (1/10)
Vecna
(1999, Cambridge)
Waiting room solutions, patient portal and robotic solutions for
logistics.
Aethon
(1997, Pittsburgh)
Autonomous robots for internal logistics in hospitals
Trident Capital, Innovation Works, Draper Triangle, Robert Bosch
Venture Capital, Radius Ventures, Nexus Medical Partners, Mitsui, Salix
Ventures, Ascension Ventures
Internal Logistics $44.36M
Mobile Industrial Robots
(2013, Odense)
Developers of robots for internal transport within a company,
manufacturing floor or hospitals Internal Logistics $1.42M
CtrlWorks
(2011, Singapore)
Makes robots with autonomous guidance systems
Qualcomm, Techstars, National Research Foundation Singapore,
Wavemaker Partners
Unibap
(2013, Uppsala)
Internal logistics robot for hospitals and enabling technologies
Serva Transport Systems
(2010, Bernau Am Chiemsee)
Developer of AGVs for intra-logistics needs
Internal Logistics
Runners Robotics
(2015, Toronto)
Robot for performing deliveries in a confined environment
Internal Logistics
Adam Robot | Cimcorp Oy
(1986, Ulvila)
Mobile Robotic platform for transport of materials
Internal Logistics
Healthcare << Go to BM List >> Manufacturing

Logistics (2/10)
Servus Intralogistics
(2005, Dornbirn)
Developers of internal logistics solutions
Internal Logistics
Neobotix GmbH
(1998, Heilbronn)
Robots for transportation
Internal Logistics
MLR Group
(2009, Ludwigsburg)
Develops AGVs for intralogistics and transport
Internal Logistics
Savant Automation
(2005, Grand Rapids)
Designs and develops automated guided vehicles
Internal Logistics
OPPENT SPA
(1960, Milan)
Develops technologies for logistics industry
Internal Logistics
Mobotech
(2010, Auckland)
Develops Mobot which is a stand-on mini fork lift
Global from Day One (GD1), Icehouse New Zealand, Sparkbox Internal Logistics
Dispatch
Self driven vehicles for last mile delivery
Andreessen Horowitz, SOSV Last Mile Delivery $2M
Marble
Stealth mode robotics company for performing deliveries
Promus Ventures, Eclipse VC, LemonLabs Last Mile Delivery

Logistics (3/10)
ZhenRobotics
(2016, Beijing)
Machine learning and AI based logistics robots
CAS Star Last Mile Delivery
Robby Technologies
(2015, Palo Alto)
Stealth mode company involved in the development of autonomous
mobile robots Last Mile Delivery
Sidewalk Delivery
(2015, Vilnius)
Develops automated robots for last mile delivery
Startup Sauna Last Mile Delivery
Starship Technologies
(2014, Tallinn)
Self-driving delivery robots
Last Mile Delivery
Seegrid
(2003, Pittsburgh)
Vision Guided Vehicles with auto-navigation
Innovation Works, Giant Eagle, Inc. Warehouse Automation $46.56M
GreyOrange
(2011, Gurgaon)
Tiger Global Management, Alps Venture, Blume Ventures Warehouse Automation $38.58M
Fetch Robotics
(2014, San Jose)
O'Reilly AlphaTech Ventures, Shasta Ventures, Softbank Warehouse Automation $23M
Kiva Systems
(2003, North Reading)
Mobile-robotic Fulfilment System
Bain Capital Ventures Warehouse Automation $16.6M

Logistics (4/10)

Logistics (5/10)

Logistics (6/10)

Logistics (7/10)

Logistics (8/10)

Logistics (9/10)

Logistics (10/10)

Manufacturing (1/21)
Rethink Robotics
(2008, Boston)
Goldman Sachs, Highland Capital Partners, Charles River Ventures,
Goldman Sachs, Draper Fisher Jurvetson, Sigma Partners, Bezos
Expeditions, Sigma Prime Ventures, Two Sigma Ventures, Adveq,
Wellington Management, GE Ventures
$113.5M
Persimmon Tech
(2010, Wakefield)
Developer of vacuum robotics and automation for semiconductor
industry
ABB Group, Intel Capital, HTGC, National Science Foundation, Berwind
Private Equity, Nidec Sankyo Corporation
$19M
Kugar
Robotics platform developer for industrial automation
Alchemist Accelerator
Hi-More Robot
(1980, Taoyuan City)
Develops robots for injection molding operations
Prafly
(2011, Shenzhen)
Robots for industries and smart kitchen solutions
Intel Capital
Flow Waterjet
(1974, Kent)
Ultra high pressure waterjet technology with industrial applications
DST Robot
(1998, Bucheon-si)
Makers of industrial robots and pet robots
Logistics << Go to BM List >> Military

Kawada Robotics
(2013, Tokyo)
Develops humanoid robots for substituting manual labour
ATM Automation
(1972, Leicester)
Developers of automation and robotics
Baumann Automation
(1983, Amberg)
Develops automation solution for industrial usage
CAMotion
(1996, Atlanta)
Manufacturer of robots (cranes) with motion control and automation
equipment
ARC Specialities
(1983, Houston)
Developer of PLCs, CNC controllers and 6-axis robots
Duhan Robotics
(2011, Faridabad)
Manufacturers and suppliers of robotics and automation solutions.
Titan Robotics
(2014, Pittsburgh)
Robotic platform for automation of manufacturing operations
Innovation Works
Symbio Robotics
(2014, Berkeley)
Robotic systems for manufacturing needs

Core Robotics
(2008, Glasgow)
Design multi-axis CAD CAM milling, material handling & processing
equipment
Linyee Robotics
(2015, Shanghai)
Industrial robots and service robots
Inventrom
(2011, Panjim)
Robotics R&D and manufacturing for industrial applications
Blastman Robotics
(1997, Oulu)
Robotic blast cleaning solution
Profita Group Cleaning
Mimic Robotics
Cartesian robots with more than 3 Degrees of Freedom
Material Handling
BlueWorkforce
(2012, Frederikshavn)
Develops a modular delta robot platform
Material Handling
Asyril
(2007, Villaz-saint-pierre)
Developers of industrial feeding systems and delta robot
Material Handling
Penta Robotics
(2011, Vreeland)
Developer of robotic solutions for pick and place operations
Material Handling

Military (1/7)
Legion Robotics
(2014, Gilbert)
Stealth mode defense robotics company
Duke Robotic Systems
(2014, Tirat Karmel)
Robotic stabilization platform with defense applications
Roboteam
(2009, Tel Aviv)
Unmanned Ground Vehicles development and manufacturing
Generali, Crossroads Capital, F&H Fund Management Unmanned Vehicle Systems $62M
Sarcos
(2015, Salt Lake City)
Developers of dexterous robotic systems for use in unstructured
environments
Microsoft, Caterpillar, Schlumberger, Cottonwood Technology Fund, GE
Ventures
Unmanned Vehicle Systems $26.13M
RoboteX
(2007, Sunnyvale)
Robots for military and law enforcement
Subtraction Capital Unmanned Vehicle Systems $25.09M
IntroBot
(2009, Palmela)
Robotic platform for reconnaissance missions
Unmanned Vehicle Systems $578K
ReconRobotics
(2006, Edina)
Tactical micro-robot systems
Unmanned Vehicle Systems $353k
Targamite
(2013, Fort Wayne)
Robotic programmable target system
Elevate Ventures, Indiana Angel Network Unmanned Vehicle Systems $325K
Manufacturing << Go to BM List >> Maritime

Military (2/7)
Black-I Robotics
(2006, Tyngsboro)
UGVs and rescue bots
Unmanned Vehicle Systems $168k
Automotive Robotic Industry
(2010, Nazareth)
Develops UGV platform for defense forces
Compass Ventures General Group Ltd. Unmanned Vehicle Systems
Robowatch Technologies
(2007, Berlin)
Develops mobile security robots for defense department
Rotoconcept
(2009, Mississauga)
Developer of tactical robot platform and video accessories
Inrobtech
(2005, Yavne)
Developed of unmanned ground vehicles for defense sector
Drona Dynamics
(2014, Delhi)
Technology products in robotics and renewable energy.
innoBots
(2011, Ramla)
Developers of unmanned robotic platforms
Marathon Targets
(2010, Sydney)
Develops robotic targets for live-fire training

Military (3/7)
DoDaam
(2000, Daejeon)
Developer of intelligent systems for defense and military fields
Servosila
(2015)
Mobile robotic solutions with industrial applications
Collineo
(2002, Boucherville)
Mobile robotics platform with defense applications
Frontline Robotics
(2001, Nepean)
Robots for security and defense applications
TecDron
(2013, La Rochelle)
Robotics for use in defense
General Robotics
(2011, Van Nuys)
Develops a vehicle underbody surveillance robot
General Robotics
(2009, Shoham)
UGV robots for military
Singulariteam Unmanned Vehicle Systems
Robosoft
(2010, Bidart)
Developers of service robots and military UGVs

Military (4/7)

Military (5/7)

Military (6/7)

Military (7/7)

Maritime (1/11)
Riptide Autonomous Solutions
(2015, Boston)
Unmanned Maritime Vehicle production
$333k
Stechoq
(2015, Yogyakarta)
Industrial and Military Robotics Design and Manufacture
Chariot Robotics Portugal
(2008, Setubal)
Robotic device to clean the exterior of ships and storage tanks
SeaRobotics Inc.
(1999, Stuart)
Manufactures both unmanned surface and underwater vehicles
omnipresenttech
(2010, Delhi)
Industrial robots and smart electronic devices
Blue Robotics
(2014, Torrance)
Technology provider for marine robotics
OpenROV
(2010, Berkeley)
Open-source underwater robot
True Ventures, SK Ventures
Automated Underwater
Vehicles
$1.3M
Exocetus Autonomous
Systems
(2016, Wallingford)
Develops a marine underwater robot for research and exploration
Vehicles
Military << Go to BM List >> Multi-Industry

Maritime (2/11)
Deepfar Ocean Technology
Co.
(2013, Tianjin)
Performs R&D and develops underwater robots
Vehicles
Fifish
(2016, Guangzhou)
Unmanned underwater robot
Angels Camp
Vehicles
Hollund Industrial
(2007, Blaine)
Underwater remote manipulator system
Vehicles
Ciscrea
(2007, Toulon)
Develops ROVs and assorted components
Vehicles
Subsea Tech
(2005, Marseille)
Develops ROVs for underwater inspection
Vehicles
ROV Marine
(2012, Scottsdale)
Develops unmanned surface vehicles and enabling technologies
Vehicles
Seahorse LIVE
(2016, Andover)
Develops underwater robots and platform for control of the robots
Vehicles
Juice Robotics
(2013, Cranston)
Designs and manufactures underwater unmanned vehicles
Vehicles

Maritime (3/11)
Keelcrab
(2012, Como)
Develops underwater robots for boat hull cleaning Automated Underwater
Vehicles
Balt Robotics
(2014, Siedlce)
Design and development of AUVs for ocean exploration
Vehicles
ROVEEE
(2007, Cavite City)
Manufacturer of ROV - Remotely Operated Underwater Vehicle
Vehicles
CC ROV
(2015, Shenzhen)
Develops underwater drone for 4K filming
Vehicles
VideoRay
(1999, Pottstown)
Developers of MicroROV for inspections and other industrial operations
Vehicles
AC-CESS
(2004, Aberdeen)
Developer of ROVs for remote visual inspection
Vehicles
AUS-ROV
(2012, Currumbin)
Develops ROVs for visual underwater inspection and survey
Vehicles
Aquabotix
(2011, Fall River)
Manufactures ROV & underwater cameras and develops smart
technology applications for ROV
Vehicles

Maritime (4/11)

Maritime (5/11)

Maritime (6/11)

Maritime (7/11)

Maritime (8/11)

Maritime (9/11)

Maritime (10/11)

Maritime (11/11)

Multi-Industry (1/9)
Introsys
(2002, Palmela)
Unmanned robotics platforms and robotics service provider Multipurpose Robotic
Platforms
Vishwa Robotics
(, Boston)
Robotics R&D company developing robotic products
Multipurpose Robotic
Platforms
Pitom
(2011, Pisa)
Develops robotic offerings and hardware components
Platforms
Willow Garage
(2006, Menlo Park)
Develops robotic platforms for experimentation
Platforms
PlusOne Robotics
(2015, San Antonio)
Stealth mode company developing novel robotic applications
Platforms
HOPE Technik
(2006, Singapore)
Developer of unmanned vehicle systems and robotics
Singtel Innov8, Heliconia Capital
Platforms
FAST Robot AG
(1998, Altendorf)
Robot for laying optical fibre cables in underground sewer networks
Platforms
A&K Robotics
(2015, Vancouver)
Mobile robotic platform for light industrial work
Platforms
Maritime << Go to BM List >> Tech Enablers

Neural Ideas
(2012, San Diego)
Modular robot that can take various shapes Multipurpose Robotic
Platforms
Gridbots
(2007, Ahmedabad)
Manufacturer of robotic technologies for consumer and industrial
purposes
Platforms
4Front Robotics
(2012, Calgary)
Developer of Unmanned Vehicle Systems(UVS)
Platforms
Clearpath Robotics
(2008, Kitchener)
Unmanned vehicle systems with multiple applications
Silicon Valley Bank, RRE Ventures, Inovia Capital, BDC Capital, Keiretsu
Forum, Canrock Ventures, Caterpillar, GTAN, GE Ventures, Eclipse VC
Platforms > Unmanned
Ground Vehicles
$41.76M
HiBot
(2004, Tokyo)
Robotic Solutions for Extreme Environments
Draper Nexus, Mitsubishi UFJ Capital
Ground Vehicles
$16.8M
SP Robotic Works
(2012, Chennai)
Technology company providing robotics products & services
Indian Angel Network, The Chennai Angels
Ground Vehicles
$300k
REDI Technology
(2013, Delhi)
Developing autonomous unmanned robots Multipurpose Robotic
Ground Vehicles
Land Systems Corp
(2013, Los Angeles)
Manufacturer of unmanned ground vehicles for infrastructure defense Multipurpose Robotic
Ground Vehicles

CITIC HIC Kaicheng
Intelligence Equipment
(1991, Hebei)
Develops tracked robotic platforms for varied applications Multipurpose Robotic
Ground Vehicles
Anybotics
(2016, Zurich)
Develops technology and products in multi-legged robots domain Multipurpose Robotic
Ground Vehicles
Ghost Robotics
(2015, Philadelphia)
Develops multi-legged robot platform Multipurpose Robotic
Ground Vehicles
Innok Robotics
(Regensburg)
Develops UGV platform for assistance Multipurpose Robotic
Ground Vehicles
IKAP Robotics
(2011, Tehran)
Develops service robots and modular UGVs Multipurpose Robotic
Ground Vehicles
Intelligent Marking
(2013, Hjorring)
Robot for creating marking on Sports grounds Multipurpose Robotic
Ground Vehicles
Generic Intelligent Machines
(2014, Espoo)
Develops robots and enabling technologies Multipurpose Robotic
Ground Vehicles
Aquajet
(1988, Holsbybrunn)
Develops remotely controlled hydro-demolition robots Multipurpose Robotic
Ground Vehicles

Tech Enablers (1/17)
Redtree Robotics
(2012, Waterloo)
Computer platform for embedding in robots
Real Ventures, FounderFuel $350K
Telefactor Robotics
(2013, Conshohocken)
Develops solutions for robots, tele-presence devices and human
machine interfaces
Ben Franklin Technology Partners
$230K
KB-Avrora
(2010, Ryazan)
R&D to develop autopilot systems and robotics
Skolkovo Foundation $100K
Agro Intelligence Aps
(2015, Aarhus)
Develops technology for autonomous agricultural machines
$16.36k
ISRA Vision
(1985, Darmstadt)
Robotic vision and surface vision sensors
IBB Beteiligungsgesellschaft, Taaleri
ALCI
(2007, Montpellier)
R&D into Robotic visionics
Orkos Capital
SynTouch
(2008, Los Angeles)
Tactile sensor for various robotics platforms
Plug and Play Tech Center
Visio Nerf
3D Vision sensors for robotics
Multi-Industry << Go to BM List >> Agriculture

ATI Industrial Automation
(1989, Apex)
Makers of robotic end effectors
Hine Automation
(2009, Petersburg)
Develops robotic components
Cytron Technologies
(2004, Simpang Empat)
Robotics and accessories manufacturer
Roboteq
(2002, Scottsdale)
Makers of DC motor controllers and magnetic guide sensors
Jaybridge
(2008, Cambridge)
Develops vehicle automation segment for heavy equipment
Holomni
(2010, Los Angeles)
Omnidirectional robotic wheels
Simplex Motion
(2013, Gothenburg)
Integrated motor drive solution
Chalmers Ventures Actuators $154.3k
American Grippers
(1997, Trumbull)
Develops pneumatic actuators and grippers for industrial robots
Actuators

Macron Dynamics
(1987, Philadelphia)
Develops actuators and drives for building robots and enabling
industrial automation Actuators
Nuri Robot
(2015, Seoul)
Developer of actuators for robots
Actuators
Omniroll
(2013, Interlaken)
Develops mecanum wheels for mobile platforms
Actuators
Omni Robot
(2015, Dongguan)
Develops omni-directional wheels for developing robotics
Actuators
Gimatic
(1985, Roncadelle)
Developer of grippers and End-of-arm tooling for robots
Xenon Private Equity Actuators
Robotools
(1994, Turin)
Develops end-effectors for industrial robots
Actuators
Hebi Robotics
(2014, Pittsburgh)
Developers of smart actuators for integration into robots
Innovation Works Actuators
Harmonic Drive
(2002, Peabody)
Developer of actuators and servos exclusively for use in robots
Actuators

Agriculture (1/4)
(2011, Sunnyvale)
Computer vision and robotics for agriculure
Khosla Ventures, Steve Blank, Innovation Endeavors, Data Collective,
Ulu Ventures, ATEL Capital Group, Stanford Angels and Entrepreneurs,
Pontifax Agtech
$30.1M
Harvest Automation
(2007, Billerica)
Robot for automating labor intensive agricultural tasks
Founder Collective, Entree Capital, MassVentures, Massachusetts
Technology Development Corporation, Life Sciences Partners, Cultivian
Ventures, Cultivian Sandbox
$27.9M
Naio Technologies
(2011, Ramonville-saint-agne)
Robots to automate on-field operations
Emertec Gestion, WiSEED, CapAgro $3.2M
QualySense
(2010, Dubendorf)
Robots for sorting agricultural products
$2.9M
Hortimotion
(2012, Delft)
Automated crop spraying robot for pest control
VitiRover Robots
(2010, Saint-emilion)
Grass-cutting autonomous solar powered robots for vineyards
Green Robot Machinery
(2014, Bangalore)
Robotic machine for picking cotton
Qualcomm, Villgro Innovations Foundation
Tech Enablers << Go to BM List >>
Infrastructure
Services

Agriculture (2/4)
Iota Technologies
(2015, Victoria)
Developers of a tree planting robot
Vision Weeding
(2006, Kirke Hvalso)
Products for autonomous farm operations
Virentes
(2014)
Developer of robotic plant grafting machine
The Trendlines Group
FarmBot
(2015, Vancouver)
Autonomous farm operations system
Evergreen Robotics
(2012, Port Jefferson)
Robotic solution for fruit picking in orchards
Robotany
(2016, Pittsburgh)
Solutions for automating vertical farming
Fennec Fox Tech
(2012, Pune)
Develops a coconut plucking robot
Franklin Robotics
(2015, Lowell)
Robotics for automating agricultural activities
Infrastructure
Services

Agriculture (3/4)
Infrastructure
Services

Agriculture (4/4)
Infrastructure
Services

Infrastructure Services (1/5)
RedZone
(1987, Pittsburgh)
Wastewater inspection technology provider
Innovation Works, ABS Capital Partners, Smithfield Trust Company, Four
Winds Capital, Meidlinger Partners
Asset Inspection $52M
RailPod
(2014, Boston)
Robotic rail track inspection system
Asset Inspection $2.5M
Lab.E Robotics
(2015, Kladno)
Develops robotic crawler and assorted sensors for pipe exploration
Asset Inspection
SewerVUE
(2009, Burnaby)
Develops robots and provides robotic pipe inspection services
Asset Inspection
itRobotics
(2000, Houston)
Develop Inspection robots for pipes and tubing
Asset Inspection
Cyberia Robotics
(1996, Montpellier)
Develops robots for remote asset inspection
Asset Inspection
Robotics Design
(1997, Montreal)
Develops modular robotic technology for duct inspection
Asset Inspection
Aegion Coating Services
(2016, Conroe)
Manufactures robots and uses them to provide robotic infrastructure
protection services Asset Inspection
Agriculture << Go to BM List >> Service Robots

Robotic Pipe Repair
(2014, Longmont)
Develops robotic pipe rehabilitation equipment
Asset Inspection
Visatec
(1994, Sulzberg)
Developers of automated crawlers, ROVs and assorted accessories for
inspection Asset Inspection
Image Inspect
(1986, Calgary)
Crawlers and equipment for remote image inspection
Asset Inspection
Recce Robotics
(2013, Nanaimo)
Developer of tracked robots for inspection of sewers
Asset Inspection
RIEZLER Inspektionssysteme
(1976, Durach)
Robots for inspection in pipelines
Asset Inspection
Inspector Systems
(, Frankfurt)
Robots for video inspection of pipelines
Asset Inspection
Envirosight
(2001, Randolph)
Robotic crawlers for pipeline inspection
Asset Inspection
IMS Robotics
(1992, Ottendorf-okrilla)
Robots that are used for sewer rehabilitation
Asset Inspection

IBAK
(1945, Kiel)
Robots for inspection and maintenance of sewers
Asset Inspection
RestoFlow
(2014, Singapore)
Robotic centering and rehabilitation of pipelines
Asset Inspection
RapidView
(1991, Fort Wayne)
Inspection robots for pipelines
Asset Inspection
Inuktun
(1989, Nanaimo)
Remotely operated robotic crawlers for inspection
Asset Inspection
ProKASRO
(2000, Karlsruhe)
Robots that clean the sewer systems and work inside pipes
Asset Inspection
Invert Robotics
(2010, Christchurch)
Robotic remote inspection technology
NZVIF, Powerhouse Ventures Asset Inspection
Robosoft Systems
(2008, Mumbai)
Develops educational and inspection robots
Asset Inspection
Q-Bot
(2012, London)
Develops robots that perform insulation below houses with timber
floors
ClearlySo, EcoMachines Ventures, European Commission
Construction $2.85M

Service Robots (1/7)
Inka Robotics
(2014, Haifa)
Developed a robotic tattoo artist
Precise Path Robotics
(2006, Indianapolis)
Robotic lawn mower
Commercial Cleaning &
Mowing
$4.5M
Avidbots
(2014, Kitchener)
Commercial cleaning robots
Real Ventures, SOSV, HAX
Mowing
$25k
EDAS
(2011, Taipei)
Wet-cleaning robot for glass facades
Mowing
Cub Cadet
(1961, Snohomish)
Develops autonomous lawn mowers for golf courses
Mowing
Partnering Robotics
(2007, Paris)
Develops robots for cleaning of indoor air
Mowing
Aquatron
(1980, Afula)
Develops automated pool cleaning robots
Mowing
Selftech
(2008, Amora)
Develops an autonomous lawn mower for golf courses
Mowing
Infrastructure
Services
<< Go to BM List >>
Energy,
Environment &
Recycling

IBC Robotics
(2010, Eskilstuna)
Develops robot for cleaning shipping containers Commercial Cleaning &
Mowing
Fybots
(2010, Guyancourt)
Cleaning robots for industrial sites
Mowing
CoboClean
(2015, Lyon)
Automated cleaning robot called Mall-E
Mowing
Combijet
(2012, Limassol)
Develops robots for industrial cleaning needs
Mowing
Bharati Robotic Systems India
(2013, Pune)
Developers of Commercial robots
Mowing
Weda Poolcleaner
(1919, Sodertalje)
Robotic pool cleaners for commercial establishments
Mowing
Intellibot Robotics
(1985, Richmond)
Hands free floor cleaning solutions
Mowing
Savioke
(2013, Sunnyvale)
Delivery robot for the hospitality services industry
AME Cloud Ventures, Felicis Ventures, Intel Capital, GV, EDBI, Morado
Ventures, Northern Light Venture Capital, Recruit Holdings, Moment
Ventures, Visionnaire Ventures, PreAngel Fund
Hospitality $17.6M
Infrastructure
Services
<< Go to BM List >>
Energy,
Environment &
Recycling

Solus Robots
(2004, Vaughan)
Develops service robots for marketing and advertising purposes
Hospitality
Pangolin Robot
(2004, Kunshan)
Develops humanoid service robots for the hospitality sector
Hospitality
YOGO Robot
(2016, Shanghai)
Service robot manufacturer
IDG Capital Partners Hospitality
Yunji Technology
(2014, Chaoyang)
Develops mobile robots for commercial applications
Hospitality
JH Robot
(2012, Zhengzhou)
Develops humanoid service robots
Hospitality
Slamtec
(2013, Shanghai)
Builds robotics platform and a 2D-LiDAR scanner
Hospitality
Robotech
(2004, Pisa)
Develops service robots with multiple applications
Hospitality
Engineered Arts
(2004, Truro)
Develops humanoid robots
Lloyds Bank Hospitality
Infrastructure
Services
<< Go to BM List >>
Energy,
Environment &
Recycling

Infrastructure
Services
<< Go to BM List >>
Energy,
Environment &
Recycling

Energy, Environment & Recycling (1/3)
QBotix
(2010, Menlo Park)
Autonomous and rugged robot for solar power plants operation
NEA, Draper Fisher Jurvetson, Siemens Venture Capital, Draper Nexus,
E.on, Firelake Capital, Iberdrola
$23.5M
ZenRobotics
(2007, Helsinki)
Robots for the recycling industry
Lifeline Ventures, Invus $17M
Scrobby Robotics
(2013, Groningen)
Developer of solar panel cleaning robot
Alion Energy
(2008, Richmond)
Robotic installation and cleaning for solar energy installations
Bright Capital
Snake Robots
(1999, Los Altos)
Company involved in R&D and development of flexible robots
Solar Farm Cleaning
(2011, Budapest)
Developers of autonomous Solar PV cleaning robots
Robigo
(2015, Sofia)
Developed a robot for autonomous solar cleaning
Sun Effect
(2011, Bet Shemesh)
Robotic device for solar panel cleaning.
Service Robots << Go to BM List >> Space

Space
Moon Express
(2010, Mountain View)
Lunar transportation and mining services
Founders Fund, Autodesk, SpaceFlorida, XPRIZE $28.68M
Axiom Research Labs
(2010, Bangalore)
Developing and building space rovers
$3M
Astrobotic
(2008, Pittsburgh)
Space robotics tech
Space Angels Network, XPRIZE $2.65M
ispace
(2013, Tokyo)
Developing micro-robots locate the resources necessary to extend
human life into outer space
Altius Space Machines
(2010, Broomfield)
Hardware based capture of satellites
Space Angels Network
Energy,
Environment &
Recycling
<< Go to BM List >> Electronics

Electronics (1/2)
OptoFidelity
(2005, Tampere)
Test and measurement automation and machine vision
Finnish Industry Investment, VisionPlus Fund $4.02M
Tapster Robotics
(2015, Chicago)
Robot based automated testing of apps on real devices
O'Reilly AlphaTech Ventures $100k
JEL Robot
(1993, Yamato)
Develops multi-arm clean room and vacuum robots for semiconductor
fabrication
Advanced Coating Robotics
(2009, Barnsley)
Develops a conformal coating machine for use in PCB production
PKC Electronics
(1986, Raahe)
Solutions for automated testing and power control
JOT Automation
(1988, Oulu)
Automated test and assembly solutions for smart products.
Qualitas Technologies
(2008, Bangalore)
Industrial automation solutions with expertise in machine learning
Southern Capital Group
Tactile Automation
(2014, Monroe)
Automated test solution for manufacturing and production
Space << Go to BM List >> Textile

Electronics (2/2)
Space << Go to BM List >> Textile

Tracxn Research - Industrial Robotics Landscape, February 2017

Tracxn Research - Industrial Robotics Landscape, February 2017

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Tracxn Research - Industrial Robotics Landscape, February 2017