New numbers out of Crunchbase this week see robotics investments once again trending in a positive direction. The previous two years presented a steady drop in overall numbers, following a record 2021 driven by pandemic-fueled job loss. As we head into the second half of the year, 2024 is on-track to beat last year’s numbers.
The first six months of the year have seen $4.2 billion invested in the category, putting this year well on track to beat 2023’s 12-month total of $6.8 billion. The number is still well shy of the COVID peak of 2021, which brought in $17.7 billion and even 2022’s $10.3 billion.
This does, however, signal recovery from the one-two punch of economic headwinds and post-pandemic reopenings, which brought the industry crashing back down to Earth.
The white-hot humanoids category continued to gain steam. Figure led the way there with a massive $675…