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$90 billion invested in robotics startups in past five years, according to new report

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F-Prime Capital has released its State of Robotics report, which it says provides “comprehensive insight into investment trends and exits”.

Over the past five years, 1,250 robotics companies have generated $20 billion+ of mergers and acquisitions, $15 billon of market cap across public companies, and $100 billion+ of unrealized value from private unicorns alone.

2022 saw a significant pull back in valuations for robotics companies as investors focused on higher revenue predictability and increased capital efficiency, though many companies were able to retain premium valuation multiples. [Read more…] about $90 billion invested in robotics startups in past five years, according to new report

ASRS revenue forecast to reach $1 billion in micro-fulfilment centers

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As retailers build micro-fulfilment centers (MFCs) to augment their distribution networks, automated picking solutions provide the speed and space maximization necessary for e-commerce efficiency and profitability.

According to a report by technology intelligence firm ABI Research, Automated Storage & Retrieval System (AS/RS) revenue within MFCs is expected to reach $1.2 billion by 2027, with uptake primarily seen in the grocery and Fast-Moving Consumer Goods (FMCG) industries.

Ryan Wiggin, supply chain management and logistics industry analyst at ABI Research, says: “The need for high-density storage and fast fulfillment capabilities allows technologies to scale down and enable a flexible, bespoke frontline distribution network. [Read more…] about ASRS revenue forecast to reach $1 billion in micro-fulfilment centers

Mastering Math: The Best Online Math Courses to Boost Your Skills

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Mathematics is a fascinating subject that has a significant impact on various aspects of our lives. From calculating the tip at a restaurant to solving complex equations in engineering, math is an essential skill that is widely used in diverse fields such as science, technology, engineering, finance, and more.

Whether you’re a student looking to excel in math or a professional aiming to enhance your skills, taking best online math courses can be a game-changer.

In this article, we’ll explore the top online math courses offered by Brighterly.com, a leading online learning platform in the USA that offers a wide range of math courses for learners of all levels. [Read more…] about Mastering Math: The Best Online Math Courses to Boost Your Skills

Autonomous mobile robots market expected to expand at 22 percent a year

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In 2022, the market for autonomous mobile robots was expected to be worth $2.85 billion. By 2032, the market is anticipated to reach a value greater than $20.99 billion. The forecast period is expected to see this market expand at a compound annual growth rate of 22.1 percent, according to Fact Market Research.

The rising demand for automation in manufacturing and logistics industry is expected to drive the growth of the autonomous mobile robots market. The increasing need to reduce operational costs, improve efficiency and accuracy, and enhance productivity is anticipated to boost the growth of the market.

The growing trend of automation in warehousing operations is also a major factor driving the growth of the autonomous mobile robots market. The growing demand for these robots in industrial applications is expected to continue to fuel the growth of the market. [Read more…] about Autonomous mobile robots market expected to expand at 22 percent a year

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