2017 was a bumper year for robotics investment, with even more funds to come, according to a report by ABI Research
The robotics industry continued to go from strength to strength as 2017 represented the largest year of investment, with the total amount adding up to $2.7 billion, according to ABI Research, a market-forecast advisory firm.
Rian Whitton, research analyst at ABI Research, says: “While the growth in investment from 2016 to 2017, at 23.2 per cent, slowed from growth between 2015 and 2016, this was affected by applying a narrower understanding of robotics, leaving out categories like autonomous cars.
“Had the same definition of robotics been used as in previous years, total investment would have exceeded $5 billion.” [Read more…] about ‘Growing confidence in robotics’ leads to $2.7 billion in venture capital funding, says report
