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Investment Highlight: Robotics and the future of work

Investment Highlight: Robotics and the future of work
May 17, 2022

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Trends in investing say a lot about what we all are optimistic about. The pandemic inspired thousands of glow-ups utilizing fresh technology on old equipment (Peloton and Ergatta) and empowered millions of amateur traders on apps like Robinhood and WeBull. But when so many of these now-household names turn out to be overvalued, optimism needs a new place to call home. So far, it looks like investors are into robotics, transforming the future of work.

Just look at the leaderboard for the past week’s fundings. Dusty Robotics, a robotic tool company for the modern construction industry, raised $45MM from Scale Venture Partners. What looks like a heavy-duty Roomba is actually a robotic layout printer, crawling out precise building instructions for its human colleagues to build.

Southie Autonomy lends a robotic hand to packagers, manufacturers, and retailers. The Boston-based company raised a $2.5MM seed round from BootstrapLabs. The company's no-code software makes it easy for workers to instruct a robotic helper in less than 10 minutes.

The question everyone wants to ask is whether robots will be replacing humans? For the most part, the existential question remains unknown, with robotics startups in the U.S. emphasizing that the technology assists human workers rather than replaces employees. However, using Japan as an example, robotics investment combined with population decline can work together to everyone's advantage.

For more on this topic, search our fundings using the keyword “robotics.”

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Since last week, PrivCo has added:
123,484 Companies | 245 Funding Activities | 217 M&A Deals

Funding & Deal Highlights: raises $10.5MM from Nava

Big Data • Round A • Brooklyn, NY

Oasis raises $27MM from Mirae

Blockchain • Round A • Darien, CT

Altro raises $18MM from Pendulum

Credit • Equity • Los Angeles, CA

Improvado raises $22MM from Updata

Platform • Round A • San Francisco, CA

Carma raises $52MM from General Catalyst

Automotive • Round A • Alexandria, Australia

Eridan raises $46MM from Capricorn

Wireless • Equity • Mountain View, CA

Soluna raises $35MM from Spring Lane

Renewable Energy • Equity • New York, NY

Infinicept raises $23MM from SVP

Fintech • Equity • Denver, CO

Mathison raises $25MM from F Prime 

Recruitment • Round A • New York, NY

Dock raises $110MM from Silver Lake 

Fintech • Equity • Sao Paulo, Brazil 

Mobility announces acquisition of Signal

Wireless • Acquisition • Kennesaw, GA

Synoptek acquires Macquarium

Branding • Acquisition • Atlanta. GA  

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