Robotics Investment: Navigating Hype, Reality, And Future Innovation

Forbes July 8, 2024
Heather Wishart-Smith

Robotics is poised to transform numerous sectors but is still in its early stages as an industry. Robotics Invest, held in Boston in June, hosted nearly 300 founders, investors, and thought leaders from nine countries to discuss emerging trends, assess global market conditions, and build an ecosystem of pioneers to enable the next wave of robotics unicorns.

Organized and led by Cybernetix Ventures with support from industry partners like J.P. Morgan, Massachusetts Technology Collaborative, and Silicon Valley Bank, one of the significant trends discussed was the rapid infusion of cash. Robotics investments drove past $2.1 billion for the month of May 2024, and just last month, autonomous forklift provider Vecna Robotics closed a $100 million Series C round to automate...

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