tracxn research — consumer robotics landscape, october 2016

Consumer Robotics Report – October 2016

TracxnWorld’s Largest Startup Research Platform

2


Contents

Topic Page No.

Scope of Report 04

Entrepreneur Activity 06

Investment Trend 11

Who is Investing 19

Exit Outlook - IPO, Acquisitions 23

Sub Sector Analysis 26

Interesting Companies 44

Useful Links 51

Company List 54

Team 124


Sector Overview

Scope of report

The report provides a sector overview of companies that develops robots that can be bought directly by consumers and helpthem in various tasks.

The tasks can be social interaction, entertainment (intelligent toys, sports accessories), productivity enhancement,communication, mobility (such as exoskeletons), household chores (cleaning, lawn mowing, cooking, brewing etc.) and learning.The feed also includes companies which develop software(robot intelligence, navigation software etc.) or hardware modules(sensors, actuators etc.) specifically for consumer robots.

The report excludes physical Robots which are aimed at industries (manufacturing, warehouse automation etc.). Drones, 3DPrinters etc. are robots, but they are excluded, so are smart cars (robots for transportation). Generic consumer goods whichprovide automation are also excluded such as Washing Machines, Dishwashers etc.

The scope of this report includes equity as well as debt funding received by the companies.


Scope of Report

Entrepreneur Activity

Investment Trend

Who is Investing

Exit Outlook - IPO, Acquisitions

Sub Sector Analysis

Interesting Companies

Useful Links

Company List

Team

5


21

34

4953

84

66

13

0

18

36

54

72

90

2010 2011 2012 2013 2014 2015 2016

Nu

mb

er o

f C

om

pan

ies

6

YoY – Number of companies founded

Anki littleBits UBTECH Robotics ThynkWare Innovation A.I. Nemo (Zaijia) CloudMinds Embodied

Sphero Stork Jibo RoboMate Emotech LeiShen Intelligent System LejuRobot


Large Upcoming Sectors

No. of Companies Founded

Average Age

No. of Companies Funded

Business ModelTotal

FundingExample

8 May-2013 2 Tech Enablers > Robot Intelligence $30M CloudMinds

5 Jul-2012 3 Healthcare > Robotic Prosthetics $8M Touch Bionics

22 May-2012 7 Entertainment > Gaming $265M Anki

25 Sep-2011 8 Personal > Telepresence $44M A.I.Nemo

79 Feb-2011 33 Personal $291M Ctrl Works

41 Aug-2010 20 Personal > Social Robot $246M UBT Robot

41 Jul-2010 10 Entertainment $265M Artica

62 Apr-2008 22 Healthcare $216M Ekso Bionics


Niche Upcoming Sectors


Average Age


Business ModelTotal

FundingTracxn Picks

4 Sep-2014 2 Domestic Tasks > Cooking $150K Serenity Kitchen

8 Sep-2013 4 Domestic Tasks > Pet Care $22M PetNet

25 May-2013 4 Domestic Tasks > Home Assistance $1M Orbii

5 Sep-2012 1 Tech Enablers > Custom Applications $250K Bridge Robotics

9 Jan-2012 1 Entertainment > Photography eMotimo

10 Aug-2011 3 Personal > Concierge $25K NUA Robotics

9 May-2011 1 Tech Enablers > Development Board $150K Krtkl

8 Sep-2010 1 Tech Enablers > Robot Control $10M ThynkWare Innovation


Niche Upcoming Sectors


Average Age


Business ModelTotal

FundingTracxn Picks

56 Nov-2009 13 Tech Enablers $50M RoboCV

19 Jul-2009 7 Healthcare > Social $59M ALIFE Source

89 Sep-2007 13 Educational > Hobby & Research $45M Wonder Workshop

9 Feb-2007 1 Healthcare > Robotic Assistive Hand $2M Kinova

1 Jan-2007 1 Healthcare > Fitness $1M Intuitive Automata

2 Jun-1983 2 Domestic Tasks > Laundry Foldimate


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

10


YoY – Number of Rounds and Total Funding

Note: The funding includes debt rounds also.

$39M

$10M

$36M

$89M

$54M

$100M

$125M

$280M $276M

64

1012

18

26

21

45

30

0

10

20

30

40

50

0

60

120

180

240

300

2008 2009 2010 2011 2012 2013 2014 2015 2016

Nu

mb

er of R

ou

nd

sFu

nd

ing

Am

ou

nt

(in

Mill

ion

s)

Funding Amount Number of Rounds


YoY – Number of Rounds by Stage

47

13

7

25

155

8

9

10

15

12

2

2

1

3

1

2

0

9

18

27

36

45

2011 2012 2013 2014 2015 2016

Nu

mb

er o

f R

ou

nd

s

Seed Early Late


YoY – Funding by Stage

$2M $4M $3M $4M$13M

$39M$18M

$27M

$87M

$44M

$176M

$81M

$67M$23M

$4M$71M

$45M$153M

0

60

120

180

240

300

2011 2012 2013 2014 2015 2016

Tota

l Fu

nd

ing

Am

ou

nt

(in

Mill

ion

s)

Seed Early Late


Average Ticket Size – Early Stage

$0.6M $0.7M $0.4M $0.9M $0.7M

$4.7M$3.9M

$6.9M$8.5M

$5.1M

$10.6M

$5.4M$4.7M$5.0M

$18.3M

$3.1M

$35.1M

$23.5M

0.0

8.0

16.0

24.0

32.0

40.0

2011 2012 2013 2014 2015 2016

Fun

din

g A

mo

un

t (i

n M

illio

ns)

Seed Series A Series B


Top investments in last one year

CompanyFunding Amount

Round Name

Date Investors

ubtrobot.comUBTECH Robotics(Shenzhen, 2012)

$100M PE Jul-2016 CDH Investments, CITIC Securities

anki.comAnki

(San Francisco, 2010)$53M Series D Jun-2016 J.P. Morgan, Andreessen Horowitz, Index Ventures, Two Sigma Ventures

cloudminds.comCloudMinds

(Shenzhen, 2015)$30M Seed May-2016 Walden International, Foxconn Electronics, Kaixuan Capital, SBCVC

bioniklabs.comBionik Laboratories

(Toronto, 2009)$27M Series B Apr-2016

gowild.cnFoxtail Technology(Shenzhen, 2013)

$21M Debt Oct-2015

makewonder.comWonder Workshop(San Mateo, 2012)

$20M Series B Jul-2016WI Harper Group, Idea Bulb Ventures, Learn Capital, Charles River Ventures, MadronaVenture Group, TCL

jibo.comJibo

(Boston, 2012)$16M Series A Nov-2015 Fenox Venture Capital

heyolly.comEmotech

(London, 2014)$10M Series A Aug-2016 Alliance Capital


Top investments in last one year

CompanyFunding Amount

Round Name

Date Investors

petnet.ioPetnet

(Pasadena, 2012)$10M Series A Aug-2016 Petco

wandercraft.euWandercraft(Paris, 2012)

$4M Series A Nov-2015 Innovation Capital

petnet.ioPetnet

(Pasadena, 2012)$4M Seed Oct-2015 Black River Ventures, Aspiration Growth, iRobot, Amazon

megabots.comMegaBots

(Oakland, 2014)$4M Debt Jul-2016

embodied.meEmbodied

(Pasadena, 2016)$4M Series A Aug-2016

robokindrobots.comRobokind Robots

(Dallas, 2011)$4M Series A Jun-2016

dobot.ccDobot

(Guangdong, 2014)$3M Series A Apr-2016

megabots.comMegaBots

(Oakland, 2014)$2M Seed May-2016 Azure Capital Partners, AME Cloud Ventures, Autodesk, Maveron


Funnel view of Sector

Percent of Previous

20%

46%

35%

20

7

16

46

100

512

0 100 200 300 400 500 600

M&A & IPO

Late

Series B

Series A

Funded

Founded

Number of Companies


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

18


Most Active Investors in Sector

12

10

8

7

6 6 6

5

4

0

3

6

8

11

14

Techstars SOSV FoundryGroup

HAX Charles RiverVentures

National ScienceFoundation

Two SigmaVentures

GrishinRobotics

KhoslaVentures

Tota

l Nu

mb

er o

f R

ou

nd

s

Sphero

Rise Robotics

Sphero

littleBits

Preemadonna

Makeblock

Jibo

Wonder Workshop

Modular Robotics

Barobo

Sphero

Robot App Store

littleBits

Catalia Health

Anki

littleBits

Carbon Robotics

Makeblock


Where are Top Investors investing


Top Investor by Stage of Entry


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

22


Top IPOs in the sector


Major Acquisitions in the sector


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

25


October 2016Tracxn BlueBox : Consumer Robotics

500+ companies in the sector, 84 funded in last 5 years, $278M invested in 2015


Top Business Models by Funding

$272M$262M

$189M

$124M

$93M

$50M

0

60

120

180

240

300

Personal Entertainment Healthcare Educational Domestic Tasks Tech Enablers

Tota

l Fu

nd

ing

Am

ou

nt

(in

Mill

ion

s)

# Cos. 79 41 62 176 98 56

Avg. Age Feb-2011 Jul-2010 Apr-2008 Sep-2007 Jul-2005 Nov-2009

UBTECH Robotics Anki Artificial Life Source littleBits Neato Robotics CloudMinds

Jibo Sphero Bionik Laboratories Wonder Workshop Petnet ThynkWare Innovation


Personal – Business Model Description


Personal – Entrepreneur Activity and Investment Trend


Personal – Most Funded Companies


Entertainment – Business Model Description


Entertainment – Entrepreneur Activity and Investment Trend


Entertainment – Most Funded Companies


Healthcare – Business Model Description


Healthcare – Entrepreneur Activity and Investment Trend


Healthcare – Most Funded Companies


Educational – Business Model Description


Educational – Entrepreneur Activity and Investment Trend


Educational – Most Funded Companies


Domestic Tasks – Business Model Description


Domestic Tasks – Entrepreneur Activity and Investment Trend


Domestic Tasks – Most Funded Companies


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

43


Interesting Unfunded Companies

Company OverviewBusiness Model

EZ Robot(2011, Calgary)

Clip-n-play robot kits for educational purposeEducational > DIY

Alamo(2014, Zagreb)

Autonomous lawn mowing robot Domestic Tasks > Lawn Mowing & Gardening

ArcBotics(2012, Oakland)

Robotic kits for learningEducational > DIY

Next Urban Robotics(2016, Almaty)

A Spherical robot for assistance at homeDomestic Tasks > Home Assistance

Olive Robotics(2011, Tehran)

Develops an intelligent robotic suitcase that follows you Personal > Concierge

BlueFrog Robotics(2014, Saint-Prix)

Develops a social companion robot Personal > Social Robot

Wearabot(2014, Monterrey)

Exoskeletons for elderly and disabledHealthcare > Exoskeleton

Curated list of companies by the sector analyst are defined as Interesting


Interesting Seed Companies


Interesting Series A Companies


Interesting Series B Companies


Interesting Late Stage Companies


Top Funded Deadpooled Companies


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

50


Useful Links

Slide Title Content Platform Link

List of All Companies in readable format Companies Link

Large Upcoming Sectors Entrepreneur Activity Link

Niche Upcoming Sectors Entrepreneur Activity Link

Top investments in last one year Investment Trend Link

Major Acquisitions in last three years Exit Outlook - IPO, Acquisitions Link

http://tracxn.com/theme/feedview/54913f12e4b079b5df0418be#%7Csort%3DdatePublished

http://tracxn.com/theme/largeupcoming/54913f12e4b079b5df0418be#%7Csort%3DdatePublished

http://tracxn.com/theme/nicheupcoming/54913f12e4b079b5df0418be#%7Csort%3DdatePublished

http://tracxn.com/theme/feedview/54913f12e4b079b5df0418be#%7Csort%3DdatePublished%7ClatestFundedDate%5Emin%3D01%2F09%2F2015%5Emax%3D28%2F09%2F2016

http://tracxn.com/theme/feedview/54913f12e4b079b5df0418be#%7Csort%3DdatePublished%7CacquisitionDate%5Emin%3D01%2F09%2F2013%5Emax%3D28%2F09%2F2016

http://tracxn.com/login/auth?utm_source=Report&utm_campaign=Last_Page&utm_medium=About_Page&utm_content=About_Page


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

53


Consumer Robotics – Company List

Personal Entertainment Healthcare Educational Domestic Tasks Tech Enablers

128 FUNDED COMPANIES AND 384 UNFUNDED COMPANIES

COVERS THE FOLLOWING SECTORS


Personal (1/11)Company Overview Business Model Total Funding

CtrlWorks(2011, Singapore)

Makes robots with autonomous guidance systemsQualcomm, Techstars, National Research Foundation Singapore, Wavemaker Partners

$1.4M

Cobalt Robotics(2016, San Jose)

Robotics in stealth modeRothenberg Ventures

Neural Ideas(2012, San Diego)

Modular robot that can take various shapes

Preemadonna(2013, Menlo Park)

Smart nail decorating and polishing robotSOSV, HAX Concierge $250k

Cowarobot(2016, Shanghai)

Developers of a robotic suitcase that follows a person autonomouslyConcierge

Rose(2013, Eindhoven)

Development stage robot nurse for taking care at homeConcierge

CaddyTrek(2006, Las Vegas)

Automated golf caddy that can follow a person or be remotely controlled Concierge

Olive Robotics(2011, Tehran)

Develops an intelligent robotic suitcase that follows youConcierge

Go to BM List >> Entertainment


Personal (2/11)Company Overview Business Model Total Funding

DreamBots(2007, Milpitas)

Develops relaxation robot called WheeMeConcierge

Acton Robotics(2009, San Jose)

Stealth mode robotics companyConcierge

NUA Robotics(2015, Shenzhen)

Developed a robotic carry-on that follows youSOSV Concierge

Automata Technologies(2015, London)

6 axis tabletop robot for home, office and industrial applicationsABB Group, Isomer Capital Concierge

Five Elements Robotics(2012, Wall)

Budgee, a follow-me type assistant robotConcierge

UBTECH Robotics(2012, Shenzhen)

Develops humanoid robots and robotic kits for learningCDH Investments, Qiming Venture Partners, CITIC Securities Social Robot $123M

Jibo(2012, Boston)

Personal home speech recognizing robotCharles River Ventures, Flybridge Capital Partners, RRE Ventures, Fenox Venture Capital, Fairhaven Capital, Formation 8, Osage Partners, Acer, KDDI Corporation, LG U Plus, Samsung Venture Investment, Global Brain, Netposa Technologies, Dentsu Ventures

Social Robot $55.3M



Personal (3/11)


Company Overview Business Model Total Funding

Aldebaran - Softbank Group(2005, Paris)

Development of humanoid robotsIntel Capital, iSource, Crédit Agricole Private Equity, Omnes Capital, CDC Innovation, isource, Innovation Capital

Social Robot $20.3M

Emotech(2014, London)

Personal robot with personalityAlliance Capital Social Robot $10.74M

Uurobot(2009, Beijing)

Social robot designed for kids between 0-12 yearsSocial Robot $8.5M

Embodied(2016, Pasadena)

Stealth mode robotics companySocial Robot $3.79M

LejuRobot(2016, Shenzhen)

Humanoid robot named AelosGreen Pine Capital Partners Social Robot $1.5M

AmyRobotics(2015, Hangzhou)

Social telepresence robotsSocial Robot $1.22M

Woobo(2015, Boston)

Robotics company in stealth modeKunlun Social Robot $800k

Yukai Engineering(2012, Tokyo)

Develops personal robots for consumersSocial Robot 956000


Personal (4/11)



Personal (5/11)



Personal (6/11)



Personal (7/11)



Personal (8/11)



Personal (9/11)



Personal (10/11)



Personal (11/11)



Entertainment (1/6)

Personal << Go to BM List >> Healthcare


Entertainment (2/6)



Entertainment (3/6)



Entertainment (4/6)



Entertainment (5/6)



Entertainment (6/6)



Healthcare (1/8)

Entertainment << Go to BM List >> Educational


Healthcare (2/8)



Healthcare (3/8)



Healthcare (4/8)



Healthcare (5/8)



Healthcare (6/8)



Healthcare (7/8)



Healthcare (8/8)



Educational (1/23)

Healthcare << Go to BM List >> Domestic Tasks


Educational (2/23)



Educational (3/23)



Educational (4/23)



Educational (5/23)



Educational (6/23)



Educational (7/23)



Educational (8/23)



Educational (9/23)



Educational (10/23)



Educational (11/23)



Educational (12/23)



Educational (13/23)



Educational (14/23)



Educational (15/23)



Educational (16/23)



Educational (17/23)



Educational (18/23)



Educational (19/23)



Educational (20/23)



Educational (21/23)



Educational (22/23)



Educational (23/23)



Domestic Tasks (1/13)

Educational << Go to BM List >> Tech Enablers


Tech Enablers (1/7)

Domestic Tasks << Go to BM List


Tech Enablers (2/7)



Tech Enablers (3/7)



Tech Enablers (4/7)



Tech Enablers (5/7)



Tech Enablers (6/7)



Tech Enablers (7/7)



Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

123


Team

124

Kartick M

Lead Analyst, Technology

https://www.linkedin.com/in/kartickm

https://twitter.com/kartickm

http://tracxn.com/login/auth?utm_source=Report&utm_campaign=Last_Page&utm_medium=About_Page&utm_content=About_Page

tracxn research — consumer robotics landscape, october 2016

Data & Analytics