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Robotics investments are gaining speed after post-pandemic slowdown

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image of robotic arm grabbing at a pile of money

Recent data from Crunchbase indicates a positive trend in robotics investments, with 2024 on track to surpass the numbers from the previous years. After a decline in investments in 2022 and 2023 following the peak in 2021, this year shows promising growth.

In the first half of 2024, $4.2 billion has already been invested in robotics, surpassing the total for the entire year of 2023 at $6.8 billion. While still below the peak of $17.7 billion in 2021 and $10.3 billion in 2022, this resurgence signals a recovery from economic challenges and post-pandemic impacts.

The humanoid robots sector is especially thriving, with significant investments in companies like Figure and 1X. Medical robotics are also seeing growth, driven by companies like MMI and Rono Surgical. The push for automation in industries facing labor shortages continues to drive investment in robotics.

The demand for AI technologies further fuels the growth of robotic startups, with expectations of continued excitement in the investment landscape. While reaching the levels of 2021 may require extraordinary circumstances, the future of robotics remains promising.

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