tracxn research - industrial robotics landscape, february 2017
TRANSCRIPT
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.
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Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.3
Contents
Topic Page No.
Scope of Report 04
Entrepreneur Activity 06
Investment Trend 13
Who is Investing 24
Exit Outlook - IPO, Acquisitions 28
Sub Sector Analysis 33
Interesting Companies 51
Useful Links 58
Company List 61
Team 177
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.4
Sector Overview
Scope of report
The report covers companies that develop robots that perform automation in industrial sector or help professionals in carryingout their natural course of work.
Includes
Companies which develop robots that automate (sometimes perform intelligent automation of) a task primarily in industries.These industries include manufacturing (production lines, warehouse automation), healthcare (surgical robots, rehabilitationrobots, disinfection robots etc.), agriculture, space, defense, textile, unmanned inspection/monitoring & maintenance vehicles(water or land based) etc. The report also includes companies which develop software (machine vision, autopilot) or hardwaremodules (actuators, sensors) specifically for industrial robots.
Excludes
Robots aimed at consumers, unmanned aerial vehicles, 3D printers, semi-autonomous mechanical systems, semi-autonomousagricultural machinery such as tractors and combines, semi-autonomous heavy machinery such as cranes, trucks, andproduction line equipment such as packaging & palletizing machines, autonomous conveyors etc.
The report includes both equity and debt funding received by companies.
Disclaimer: The information and data in the report is based on global developments tracked in the sector till January 11, 2017. This is to categorically state that any eventsand relevant developments after the said date will not reflect in the report.
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.
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
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.
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YoY – Number of companies founded
Moon Express GreyOrange Transcriptic Savioke Fetch Robotics Sarcos Tend.ai
Persimmon Tech Blue River Technology KB Medical SA US Ladar Cambridge Medical Robotics 6River Systems Ready Robotics
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.7
Large Upcoming Sectors
No. of Companies Founded
Average Age
No. of Companies Funded
Business ModelTotal
FundingExample
15 Feb-2012 6 Multi-Industry > Telepresence $1M swivl.com
Swivl2010, San Carlos
20 Jan-2011 5 Service Robots > Hospitality $17M yogorobot.com
YOGO Robot2016, Shanghai
22 Sep-2009 7Maritime > Unmanned Surface Vehicles
$100M liquid-robotics.com
Liquid Robotics2007, Sunnyvale
28 May-2009 9 Agriculture $76M bluerivert.com
Blue River Technology2011, Sunnyvale
40 May-2008 5Multi-Industry > Multipurpose Robotic Platforms
$59M plusonerobotics.com
PlusOne Robotics2015, San Antonio
22 Sep-2007 9 Healthcare > Rehabilitation $41M alterg.com
AlterG2005, Fremont
47 Feb-2006 37 Healthcare > Surgery $1.4B axilumrobotics.com
Axilum Robotics2011, Strasbourg
51 Apr-2005 14 Military > Unmanned Vehicle Systems $120M robo-team.com
Roboteam2009, Tel Aviv
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.8
Large Upcoming Sectors
No. of Companies Founded
Average Age
No. of Companies Funded
Business ModelTotal
FundingExample
68 Aug-2002 16 Manufacturing > Material Handling $44M mh-automation.eu
MH Automation2013, Thimister
56 May-2001 22 Logistics > Warehouse Automation $190M greyorange.com
GreyOrange2011, Gurgaon
17 Nov-2000 5Manufacturing > Material Handling > Grippers
$19M grabitinc.com
Grabit2011, Santa Clara
30 Aug-1995 8 Tech Enablers > Robot Vision $25M usladar.com
US Ladar2013, San Francisco
62 May-1987 19 Manufacturing > Multi-Utility Robots $28M parirobotics.com
Pari Robotics1990, Pune
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.9
Niche Upcoming Sectors
No. of Companies Founded
Average Age
No. of Companies Funded
Business ModelTotal
FundingExample
6 Jan-2015 4 Logistics > Last Mile Delivery $2M zhenrobot.com
ZhenRobotics2016, Beijing
2 Jan-2014 1 Textile $3M softwearautomation.com
SoftWear Automation2014, Atlanta
15 Jul-2011 5 Infrastructure Services > Construction $19M q-bot.co
Q-Bot2012, London
5 Feb-2010 4 Space $38M teamindus.in
Axiom Research Labs2010, Bangalore
54 May-2008 8Maritime > Automated Underwater Vehicles
$2M planystech.com
Planys2015, Chennai
8 Feb-2008 2 Tech Enablers > Sensing $680K accerion.tech
Accerion2015, Venlo
3 Jan-2008 1 Healthcare > Disinfection $48M xenex.com
Xenex2008, San Antonio
8 Jul-2007 3 Service Robots > Retail $23M bossanova.com
Bossa Nova Robotics2005, Pittsburgh
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.10
Niche Upcoming Sectors
No. of Companies Founded
Average Age
No. of Companies Funded
Business ModelTotal
FundingExample
13 Nov-2003 2Military > Unmanned Vehicle Systems > Explosive Ordnance Disposal
$4M resquared.com
RE2 Robotics2001, Pittsburgh
13 Jun-2002 5 Logistics > Internal Logistics $53M aethon.com
Aethon1997, Pittsburgh
23 Jun-1998 3Infrastructure Services > Asset Inspection
$55M redzone.com
RedZone1987, Pittsburgh
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
11
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.12
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.13
YoY – Number of Rounds and Total Funding
$137M
$184M
$130M
$187M$196M
$175M
$336M
$614M
$485M
19
24
26
30
38
51
61
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140
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420
560
700
2008 2009 2010 2011 2012 2013 2014 2015 2016
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Funding Amount Number of Rounds
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.14
YoY – Number of Rounds by Stage
814
1823
19257
11
15
22
37
40
6
5
6
7
15
7
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16
32
48
64
80
2011 2012 2013 2014 2015 2016
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Seed Early Late
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.15
YoY – Funding by Stage
$3M $16M $4M $16M $20M $31M$38M$50M
$55M
$109M
$182M
$265M
$108M $89M $86M
$131M
$319M $120M
0
120
240
360
480
600
2011 2012 2013 2014 2015 2016
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Seed Early Late
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.16
Average Ticket Size – Early Stage
$0.4M
$1.3M$0.4M $0.9M
$1.5M$2.1M
$4.3M
$5.1M
$6.1M $6.7M
$4.8M
$9.0M
$6.7M
$13.8M
$4.1M
$6.9M
$17.9M
$15.4M
0.0
4.0
8.0
12.0
16.0
20.0
2011 2012 2013 2014 2015 2016
Fun
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Seed Series A Series B
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.17
Top investments in last one year
CompanyFunding Amount
Round Name
Date Investors
robo-team.comRoboteam
(Tel Aviv, 2009)$50M Series B Sep-2016 Generali
aurisrobotics.comAuris Surgical Robotics
(San Carlos, 2009)$49M Series D Jul-2016 -
clearpathrobotics.comClearpath Robotics(Kitchener, 2008)
$30M Series B Oct-2016 Inovia Capital, Caterpillar, GE Ventures, Eclipse VC, RRE Ventures, Silicon Valley Bank
cmedrobotics.com
Cambridge Medical Robotics
(Cambridge, 2014)$20M Series A Jul-2016 ABB Group, Cambridge Innovation Capital, LGT
rethinkrobotics.comRethink Robotics(Boston, 2008)
$18M Series E Dec-2016Adveq, Bezos Expeditions, Charles River Ventures, Highland Capital Partners, Sigma Partners, Draper Fisher Jurvetson, Two Sigma Ventures, GE Ventures, Goldman Sachs
sarcos.comSarcos
(Salt Lake City, 2015)$16M Series A Jan-2017 Schlumberger
savioke.comSavioke
(Sunnyvale, 2013)$15M Series A Jan-2016 Intel Capital, EDBI, Northern Light Venture Capital
intouchhealth.comInTouch Technologies(Santa Barbara, 2002)
$15M Series C Jun-2016 -
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.18
Top investments in last one year
CompanyFunding Amount
Round Name
Date Investors
usladar.comUS Ladar
(San Francisco, 2013)$15M Series A Oct-2016 -
bossanova.comBossa Nova Robotics
(Pittsburgh, 2005)$14M Series A Apr-2016 Walden Riverwood Ventures
saildrone.comSaildrone
(Alameda, 2014)$14M Series A Sep-2016 Social Capital, Capricorn, Lux Capital
seegrid.comSeegrid
(Pittsburgh, 2003)$14M Series C Apr-2016 -
neurala.comNeurala
(Cambridge, 2006)$14M Series A Dec-2016 -
transcriptic.comTranscriptic
(Menlo Park, 2012)$13M Series A Nov-2016 Data Collective, Digital Science, WuXi AppTec, AME Cloud Ventures
seegrid.comSeegrid
(Pittsburgh, 2003)$12M Series C Aug-2016 Giant Eagle, Inc.
hibot.co.jpHiBot
(Tokyo, 2004)$11M Series B Mar-2016 Mitsubishi UFJ Capital
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.19
Top investments in last one year
CompanyFunding Amount
Round Name
Date Investors
sarcos.comSarcos
(Salt Lake City, 2015)$11M Series A Sep-2016 Caterpillar, Microsoft, GE Ventures, Cottonwood Technology Fund
rapyuta-robotics.comRapyuta Robotics
(Tokyo, 2014)$10M Series A Sep-2016 SBI Investment
liferobotics.jpLife Robotics(Tokyo, 2007)
$9M Series B Nov-2016 Global Brain, Mitsui Fudosan, Koden Holdings, Mizuho Capital
locusrobotics.comLocus Robotics
(Massachusetts, 2014)$8M Series A May-2016 -
redzone.comRedZone
(Pittsburgh, 1987)$7M Series D Jan-2016 -
6river.com6River Systems(Boston, 2015)
$7M Seed Feb-2016 Eclipse VC, iRobot
5drobotics.com5D Robotics
(Carlsbad, 2009)$6M Seed Feb-2016 -
moonexpress.comMoon Express
(Mountain View, 2010)$5M Series C Dec-2016 -
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.20
Top investments in last one year
CompanyFunding Amount
Round Name
Date Investors
optofidelity.comOptoFidelity
(Tampere, 2005)$4M Series A May-2016 VisionPlus Fund, Finnish Industry Investment
exotecsolutions.comExotec Solutions
(Paris, 2015)$4M Series A Dec-2016 360 Capital Partners, Breega Capital
carbon.aiCarbon
(San Francisco, 2014)$3M Series A Nov-2016 -
dobot.ccDobot
(Guangdong, 2014)$3M Series A Apr-2016 -
persimmontech.comPersimmon Tech(Wakefield, 2010)
$3M Series B Oct-2016 -
ecorobotix.com
ecoRobotix(Yverdon-les-bains,
2011)$3M Series A Nov-2016 Investiere, Business Angels
xenex.comXenex
(San Antonio, 2008)$3M Series B Aug-2016 -
q-bot.coQ-Bot
(London, 2012)$3M Seed Mar-2016 ClearlySo, European Commission
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.21
Top investments in last one year
CompanyFunding Amount
Round Name
Date Investors
kbmedical.comKB Medical SA
(Lausanne, 2012)$3M Series B Oct-2016 Kinled
astrobotic.comAstrobotic
(Pittsburgh, 2008)$3M Seed May-2016 Space Angels Network
eiratech.comEiraTech
(Dublin, 2014)$2M Angel Mar-2016 -
liferobotics.jpLife Robotics(Tokyo, 2007)
$2M Series A Mar-2016 Koden Holdings, Mitsubishi UFJ Capital, OMRON
dispatch.aiDispatch
(San Francisco, 2015)$2M Seed Apr-2016 Andreessen Horowitz
tend.aiTend.ai
(Bend, 2016)$2M Seed Jun-2016 True Ventures
automarinesys.com
Autonomous Marine Systems
(Arlington, 2008)$2M Seed Feb-2016
Clean Energy Venture Group, Fontinalis Partners, Industrial Investors, Signal Ventures, I2BF Global Ventures, Texas Halo Fund
ready-robotics.comReady Robotics
(Baltimore, 2016)$2M Seed Jun-2016 RRE Ventures, Eniac Ventures, Emerald Development Managers
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.22
Funnel view of Sector
Percent of Previous
31%
33%
46%
78
25
40
87
266
851
0 180 360 540 720 900
M&A & IPO
Late
Series B
Series A
Funded
Founded
Number of Companies
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
23
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.24
Most Active Investors in Sector
9
7
6
5 5 5
4 4 4 4
0
2
4
6
8
10
InnovationWorks
SOSV High-TechGrunderfonds
ABBGroup
Eclipse VC Techstars AME CloudVentures
National ScienceFoundation
OrkosCapital
Plug and PlayTech Center
Tota
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RedZone Carbon SynapticonCambridge Medical
RoboticsClearpathRobotics
Neurala Transcriptic Persimmon Tech Neurala Knightscope
Seegrid Dispatch Magazino Persimmon Tech 6River Systems Carbon Savioke BluHaptics Balyo Grabit Inc
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.25
Where are Top Investors investing
Innovation Works
SOSVHigh-Tech
GrunderfondsABB Group Eclipse VC Techstars
AME Cloud Ventures
National Science
Foundation
OrkosCapital
Plug and Play Tech
Center
Healthcare Blue Belt Tech OpenTronsMedineering,
Reactive Robotics
Cambridge Medical Robotics
TranscripticAndros
Robotics
LogisticsSeegrid,
Aethon, IAM Robotics
Dispatch Magazino6River
Systems, Marble
CtrlWorks Balyo
Manufacturing Titan RoboticsCarbon, Rational Robotics
Revobotik, Bionic Robotics
Persimmon Tech, Grabit, Soft Robotics
ModbotCarbon, Rational Robotics
ModbotPersimmon
TechGrabit
Military RE2 Robotics
Multi-Industry RovensoClearpath Robotics
Knightscope
Tech Enablers Hebi Robotics SynapticonKinema Systems
Neurala, Muse Robotics
Canvas Technology
BluHaptics, Energid
Neurala, ALCI SAS, ez-Wheel
SynTouch
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.26
Top Investor by Stage of Entry
Blume Ventures 2
Synergy Life Science Partner 2
Versant Ventures 2
3i Group 1
ABB Group 1
Acacia Venture Partners 1
Advent Venture Partners 1
Aisling Capital 1
Alafi Capital 1
Alloy Ventures 1
20/20 HealthCare Partners 1
ABS Capital Partners 1
Accel Partners 1
Advantage Capital 1
Advent Venture Partners 1
Adveq 1
Agate Medical investments 1
Allen & Company 1
Alloy Ventures 1
Alta Partners 1
Seed Series A Series B Later Stage
Innovation Works 3
ABB Group 2
Data Collective 2
Draper Triangle 2
Finnish Industry Investment 2
High-Tech Grunderfonds 2
Intel Capital 2
Lux Capital 2
Sequoia Capital 2
360 Capital Partners 1
High-Tech Grunderfonds 5
Techstars 4
AME Cloud Ventures 2
Almi 2
GV 2
Grishin Robotics 2
HAX 2
Qualcomm Robotics Accelerator
2
Space Angels Network 2
True Ventures 2
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
27
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.28
Top IPOs in last three years
IPO Date Company OverviewFunding Amount
Exch:Ticker
Jun-2015 fbr.com.auFastbrick Robotics
(Perth, 2005)Brick laying robotsHunter Hall
- ASX:FBR
Nov-2014 estun-robotics.comNanjing Estun Automation
(Nanjing, 1993)Developer of industrial robotic manipulators
- CH:002747
Aug-2014 corindus.comCorindus Vascular Robotics
(Waltham, 2001)Robotics for surgery20/20 HealthCare Partners, HealthCor Partners, Hobart Group
$90.51M NYSEMKT:CVRS
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.29
Major Acquisitions in last one year
Date Company Acquirer Deal Size OverviewTotal
Funding
Jan-2017 liquid-robotics.comLiquid Robotics
(Sunnyvale, 2007)Boeing Undisclosed
Develops unmanned surface vehicles propelled by wave energyRiverwood Capital, VantagePoint Capital Partners, Schlumberger
$82.14M
Dec-2016 autostoresystem.comAutoStore
(Amsosen, 1971)EQT Partners Undisclosed
Warehouse automation by using AGVs-
Sep-2016 mrmoco.comMark Roberts Motion Control
(Farnborough, 1966)Nikon Undisclosed
Develops high-speed motion camera robot-
Jul-2016 medtech.frMedtech
(Paris, 2002)Zimmer Biomet
UndisclosedDeveloper of surgical assistance robots and robotic armNewfund, Midi Capital, Ally Bridge Group
$20.99M
Jun-2016 gimatic.comGimatic
(Roncadelle, 1985)AGIC Group $112M
Developer of grippers and End-of-arm tooling for robotsXenon Private Equity
-
May-2016 kuka-robotics.comKUKA Robotics
(Augsburg, 1898)Midea Group $5B
Industrial robots and manipulatorsVoith
-
May-2016 svia.comSVIA
(Jonkoping, 1998)ABB Undisclosed Developer of industrial robot cells and machine vision products -
Apr-2016 hansenmedical.comHansen Medical
(Mountain View, 2002)Auris Surgical
Robotics$80M
Robotic catheter for complex proceduresProspect Venture Partners, Kearny Venture Partners, Skyline Ventures, De Novo Ventures, Catalyst Heath Ventures
-
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.30
Major Acquisitions in last one year
Date Company Acquirer Deal Size OverviewTotal
Funding
Apr-2016 jotautomation.comJOT Automation
(Oulu, 1988)
Wuxi Lead Intelligent
Equipment Co.Undisclosed
Automated test and assembly solutions for smart products.-
Mar-2016 ndcautomation.comNDC Automation
(Chatswood, 1999)Dematic Undisclosed
Developers of AGVs for warehouse automation-
Mar-2016 interactive-motion.comInteractive Motion(Watertown, 1998)
Bionik Laboratories UndisclosedRobotic help for neurorehabilitation and robotic gym
$300K
Feb-2016 bluefinrobotics.comBluefin Robotics(Quincy, 1997)
General Dynamics Mission Systems
UndisclosedAUVs and related technologies
-
Jan-2016 smd.co.uk
Soil Machine Dynamics
(Wallsend, 1971)
Zhuzhou CRRC Times Electric
CompanyUndisclosed
Developers of ROV for sub-sea exploration-
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
31
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.32
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.33
January 2017
Cumulative funding in the sectorPractice Area - Technology | Analyst: @kartickm
Tracxn BlueBox : Industrial Robotics850+ companies in the sector, 167 funded in last 5 years, $462M invested in 2016
Most Active Investors: Innovation Works, SOSV, High-Tech Gründerfonds, ABB & Eclipse VC
HEALTHCARE $1.3B
MILITARY
Unmanned Vehicle SystemsRoboteam (2009, $62M)
LOGISTICS $220MMANUFACTURING
Multi-Utility RobotsPari Robotics (1990, $9M)
Material Handling - Robotic
ArmsLife Robotics (2007, $13M)
Material Handling - GrippersGrabit (2011, 11M)
PaintingRational Robotics (1981, $145K)
DrillingRobotic Drilling Systems (2005)
$194M
Warehouse AutomationSeegrid (2003, $47M)
Internal LogisticsAethon (1997, $44M)
$101M
SurgeryAuris Surgical (2009, $233M)
DisinfectionXenex (2008, $48M)
TelepresenceInTouch Technologies (2002, $64M)
RehabilitationAlterG (2005, $23M)
Laboratory AutomationProtedyne (2000, $22M)
Pharmacy AutomationNewIcon (2007, $2.85M)
TECH ENABLERS $74M
Simulation & ProgrammingMujin (2011, $7M)
Navigation5D Robotics (2009, $5.5M)
Robot VisionUS Ladar (2013, $15M)
Control SystemsNeurala (2006, $16M)
SERVICE ROBOTS $45M
INFRASTRUCTURE SVC.
Asset InspectionRedZone Robotics (1987, $52M)
$58M
HospitalitySavioke (2013, $18M)
RetailBossa Nova Robotics (2005, $23M)
MARITIME
Unmanned Surface VehiclesLiquid Robotics (2007, $82M)
$102M
AGRICULTURE
Blue River Technology (2011, $30M)
$64M
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.34
Top Business Models by Funding
$1.4B
$220M $195M$117M $102M $84M $75M $64M $59M $45M
0
320
640
960
1280
1600
Healthcare Logistics Manufacturing Military Maritime Multi-Industry
Tech Enablers Agriculture InfrastructureServices
ServiceRobots
Tota
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(in
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Avg. Age May-04 Aug-02 Aug-95 Jul-05 Nov-08 Aug-09 Sep-04 May-09 Sep-03 Nov-04
# Cos. 107 76 165 53 82 67 134 28 38 50
Auris Surgical Robotics Seegrid Rethink Robotics Roboteam Liquid Robotics Clearpath Robotics Neurala Blue River Technology RedZone Bossa Nova Robotics
Medrobotics Aethon Persimmon Tech Sarcos Saildrone HiBot US Ladar Harvest Automation Q-Bot Savioke
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.35
Healthcare – Business Model Description
Robotic systems to help in surgery, rehabilitation & other healthcare activities
Surgery Rehabilitation Laboratory Automation Pharmacy Automation Simulation Training
Robots used inrehabilitation of patients
Robots that help inautomating laboratoryactivities
Robots that help inautomated dispensing inpharmacies.
Robots providingsimulation training ofsurgery
Remotely controlled noninvasive surgical systems
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.36
Healthcare – Entrepreneur Activity and Investment Trend
$104M
$143M
$78M
$117M$93M
$60M
$240M
$365M
$156M8
1315
16
1213
20 19
14
0
5
10
15
20
25
0
80
160
240
320
400
2008 2009 2010 2011 2012 2013 2014 2015 2016N
um
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Fun
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YoY – Total Funding and No. of Rounds
6
10
4
67
5
10
6
0
2
5
7
10
12
2008 2009 2010 2011 2012 2013 2014 2015
Nu
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YoY – No. of Companies Founded
51
7 7 7 6 63 3
0
12
24
36
48
60
UnitedStates
France Israel Switzer-land
Germany UnitedKingdom
Canada Italy
Nu
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Distribution of Companies across Countries
$1.2B
$77M $58M
121
31
17
0
28
56
84
112
140
0
280
560
840
1120
1400
Surgery Telepresence LaboratoryAutomation
Nu
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Fun
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BM wise Investment
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.37
Healthcare – Most Funded Companies
Company Overview Business ModelFunding Amount
aurisrobotics.comAuris Surgical Robotics
(2009, San Carlos)Robotic surgical system for ophthalmologyHighland Capital Partners, Lux Capital, NaviMed Capital, Mithril, Korea Investment Partners
Healthcare > Surgery $233.11M
medrobotics.comMedrobotics
(2005, Raynham)Flexible robotic surgical devices for laparoscopic proceduresHTGC, Pittsburgh Life Sciences Greenhouse, Rosetta Capital Corporation
Healthcare > Surgery $139.98M
restorationrobotics.comRestoration Robotics
(2002, San Jose)Robot based hair transplant solutionInterWest Partners, Sutter Hill Ventures, Alloy Ventures, Clarus Ventures
Healthcare > Surgery $116.03M
makosurgical.comMAKO Surgical
(2004, Lauderdale)
Robotic and implantable surgical solutionsZiegler Meditech Equity Partners, IvyCap Ventures, Alta Partners, Skyline Ventures, LumiraCapital, Aperture Venture Partners, Deerfield, Montreux Equity Partners, Sycamore Ventures, MDS Capital, MediTech Advisors
Healthcare > Surgery $110.1M
transenterix.comTransEnterix
(2006, Durham)
Develops robotic surgery platformsSaints Capital, Intersouth Partners, Quaker Partners, SV Life Sciences, Aisling Capital, Synergy Life Science Partner, Quaker Partners
Healthcare > Surgery $96M
orayainc.comOraya Therapeutics
(2007, Newark)
Robotic treatment to cure macular degeneration in eyeNational Institutes of Health, Scale Venture Partners, Essex Woodlands, HTGC, Domain Associates, Synergy Life Science Partner, Zeiss
Healthcare > Surgery $92.13M
corindus.com
Corindus Vascular Robotics
(2001, Waltham)
Robotics for surgery20/20 HealthCare Partners, HealthCor Partners, Hobart Group
Healthcare > Surgery $90.51M
intouchhealth.comInTouch Technologies(2002, Santa Barbara)
Proprietary communications and mobile robotic platformBeringea, Acacia Venture Partners, InvestMichigan, Galen Partners, iRobot
Healthcare > Telepresence
$63.69M
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.
Warehouse Automation Internal Logistics Last Mile Delivery
38
Logistics – Business Model Description
Robotic solutions related to automation of logistics and warehouse operations
Robots used in warehouses that help inorder fulfilment
Robots that solve internal logisticsproblems in commercial institutions
Robots that perform last mile deliveryoperations
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.39
Logistics – Entrepreneur Activity and Investment Trend
$18M$4M $9M $9M
$17M
$2M$19M
$88M
$50M
4
2 2 2
6
1
4
1612
0
4
7
11
14
18
0
20
40
60
80
100
2008 2009 2010 2011 2012 2013 2014 2015 2016N
um
ber o
f Ro
un
ds
Fun
din
g A
mo
un
t (i
n M
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ns)
YoY – Total Funding and No. of Rounds
12
3
5 54
1011
3
0
2
5
7
10
12
2008 2009 2010 2011 2012 2013 2014 2015 2016
Nu
mb
er o
f C
om
pan
ies
Fou
nd
ed
YoY – No. of Companies Founded
27
6 6 5 4 3 2 2
0
6
12
18
24
30
UnitedStates
France Germany China India Belgium Austria Canada
Nu
mb
er o
f C
om
pan
ies
Distribution of Companies across Countries
$170M
$48M
$2M
43
15
4
0
10
20
30
40
50
0
36
72
108
144
180
Warehouse Automation Internal Logistics Last Mile Delivery
Nu
mb
er of C
om
pan
ies
Fun
din
g A
mo
un
t (i
n M
illio
ns)
BM wise Investment
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.40
Logistics – Most Funded Companies
Company Overview Business ModelFunding Amount
seegrid.comSeegrid
(2003, Pittsburgh)Vision Guided Vehicles with auto-navigationInnovation Works, Giant Eagle, Inc.
Logistics > Warehouse Automation
$46.56M
aethon.comAethon
(1997, Pittsburgh)
Autonomous robots for internal logistics in hospitalsTrident Capital, Innovation Works, Draper Triangle, Robert Bosch Venture Capital, Radius Ventures, Nexus Medical Partners, Mitsui, Salix Ventures, Ascension Ventures
Logistics > Internal Logistics
$44.36M
greyorange.comGreyOrange
(2011, Gurgaon)Develops warehouse automation robotsTiger Global Management, Alps Venture, Blume Ventures
Logistics > Warehouse Automation
$38.58M
fetchrobotics.comFetch Robotics
(2014, San Jose)Robots for logistics and light industrial marketsO'Reilly AlphaTech Ventures, Shasta Ventures, Softbank
Logistics > Warehouse Automation
$23M
kivasystems.comKiva Systems
(2003, North Reading)Mobile-robotic Fulfilment SystemBain Capital Ventures,
Logistics > Warehouse Automation
$16.6M
locusrobotics.comLocus Robotics
(2014, Massachusetts)Warehouse fulfillment & automation through robots Logistics > Warehouse
Automation$14M
balyo.comBalyo
(2005, Moissy-cramayel)Mobile robotics for logisticsOrkos Capital, Bpifrance, Seventure Partners, Linde Material Handling, Robolution Capital
Logistics > Warehouse Automation
$10.7M
jtrobots.com
Jaten Robot & Automation
(2001, Foshan)
Automated guided vehicle manufacturer Logistics > Warehouse Automation
$7.45M
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.41
Manufacturing – Business Model Description
Robots designed to automate factory and manufacturing operations
Material Handling Multi-Utility Robots Welding Quality Control Painting
Robots used to performa host of industrialactivities
Robots used in weldingactivities
Robotic technology usedin quality check activities
Robots used in paintingactivities
Robots used in materialhandling activities
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.42
Manufacturing – Entrepreneur Activity and Investment Trend
$7M
$16M$20M
$33M
$22M$18M
$80M
$47M
2
3 12
4
109
17
10
0
4
7
11
14
18
0
18
36
54
72
90
2008 2009 2010 2011 2012 2013 2014 2015 2016N
um
ber o
f Ro
un
ds
Fun
din
g A
mo
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t (i
n M
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ns)
YoY – Total Funding and No. of Rounds
6
89 9
11
7 76
2
0
2
5
7
10
12
2008 2009 2010 2011 2012 2013 2014 2015 2016
Nu
mb
er o
f C
om
pan
ies
Fou
nd
ed
YoY – No. of Companies Founded
54
2117
11 9 7 7 6
0
12
24
36
48
60
UnitedStates
China Germany India UnitedKingdom
Canada Switzer-land
Japan
Nu
mb
er o
f C
om
pan
ies
Distribution of Companies across Countries
$44M
$18M
36
15
0
8
16
24
32
40
0
10
20
30
40
50
Material Handling Multi-Utility Robots
Nu
mb
er of C
om
pan
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Fun
din
g A
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t (i
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ns)
BM wise Investment
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.43
Manufacturing – Most Funded Companies
Company Overview Business ModelFunding Amount
rethinkrobotics.comRethink Robotics(2008, Boston)
Develops Baxter, a collaborative robot for manufacturing sectorGoldman Sachs, Highland Capital Partners, Charles River Ventures, Goldman Sachs, Draper Fisher Jurvetson, Sigma Partners, Bezos Expeditions, Sigma Prime Ventures, Two Sigma Ventures, Adveq, Wellington Management, GE Ventures
Manufacturing $113.5M
persimmontech.comPersimmon Tech(2010, Wakefield)
Developer of vacuum robotics and automation for semiconductor industryABB Group, Intel Capital, HTGC, National Science Foundation, Berwind Private Equity, NidecSankyo Corporation
Manufacturing $19M
liferobotics.jpLife Robotics(2007, Tokyo)
Collaborative robot armMizuho Capital, Mitsubishi UFJ Capital, Nippon Technology Venture Partners, Mitsui Fudosan, OMRON, Lead Capital Management, Global Brain, Koden Holdings
Manufacturing > Material Handling > Robotic Arms
$13.22M
grabitinc.comGrabit
(2011, Santa Clara)
Electroadhesion products for material handling and roboticsABB Group, Nike, Plug and Play Tech Center, Formation 8, Draper Nexus, Danhua Capital, flextronics
Manufacturing > Material Handling > Grippers
$10.6M
parirobotics.comPari Robotics(1990, Pune)
Manufacturer of precision automation and robotics products and technologiesAxis Holdings
Manufacturing > Multi-Utility Robots
$8.8M
carbon.aiCarbon
(2014, San Francisco)Developer of intelligent robotic armsTechstars, Qualcomm Robotics Accelerator, V1.VC, SOSV
Manufacturing > Material Handling > Robotic Arms
$5.63M
qkmtech.comQKM Tech
(2013, Shenzhen)Industrial robot automation technologySequoia Capital, SAIF Partners China, FutureCap
Manufacturing > Multi-Utility Robots
$4.5M
softroboticsinc.comSoft Robotics
(2013, Cambridge)Manufactures robotic grippers and control systemABB Group, In-Q-Tel, Haiyin Capital
Manufacturing > Material Handling > Grippers
$4.45M
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.44
Military – Business Model Description
Robotics solutions with military applications such as reconnaissance, explosive ordnance disposal etc.
Unmanned Vehicle Systems
Unmanned robotic platforms usedfor military operations
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.45
Military – Entrepreneur Activity and Investment Trend
$9M
$2M
$14M
$2M $3M
$62M
2
1
2
3 3 3
3
0
1
1
2
3
4
0
14
28
42
56
70
2010 2011 2012 2013 2014 2015 2016N
um
ber o
f Ro
un
ds
Fun
din
g A
mo
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t (i
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YoY – Total Funding and No. of Rounds
4
5
4
2 2
3
5
3
1
0
1
2
4
5
6
2008 2009 2010 2011 2012 2013 2014 2015 2016
Nu
mb
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om
pan
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Fou
nd
ed
YoY – No. of Companies Founded
23
8
53
2 2 21
0
5
10
15
20
25
UnitedStates
Israel Canada France Russia SouthKorea
Spain Australia
Nu
mb
er o
f C
om
pan
ies
Distribution of Companies across Countries
$117M
21
0
5
10
15
20
25
0
28
56
84
112
140
Unmanned Vehicle Systems
Nu
mb
er of C
om
pan
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Fun
din
g A
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n M
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ns)
BM wise Investment
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.46
Military – Most Funded Companies
Company Overview Business ModelFunding Amount
robo-team.comRoboteam
(2009, Tel Aviv)Unmanned Ground Vehicles development and manufacturingGenerali, Crossroads Capital, F&H Fund Management
Military > Unmanned Vehicle Systems
$62M
sarcos.comSarcos
(2015, Salt Lake City)Developers of dexterous robotic systems for use in unstructured environmentsMicrosoft, Caterpillar, Schlumberger, Cottonwood Technology Fund, GE Ventures
Military > Unmanned Vehicle Systems
$26.13M
robotex.comRoboteX
(2007, Sunnyvale)Robots for military and law enforcementSubtraction Capital
Military > Unmanned Vehicle Systems
$25.09M
resquared.comRE2 Robotics
(2001, Pittsburgh)Developer of manipulation systemsInnovation Works, Draper Triangle, TATRC, Startbot, NIH SBIR, Riverfront Ventures
Military > Unmanned Vehicle Systems > Explosive Ordnance Disposal
$2.25M
introbot.ptIntroBot
(2009, Palmela)Robotic platform for reconnaissance missions Military > Unmanned
Vehicle Systems$578K
reconrobotics.comReconRobotics(2006, Edina)
Tactical micro-robot systems Military > Unmanned Vehicle Systems
$353k
targamite.comTargamite
(2013, Fort Wayne)Robotic programmable target systemElevate Ventures, Indiana Angel Network
Military > Unmanned Vehicle Systems
$325K
blackirobotics.comBlack-I Robotics
(2006, Tyngsboro)UGVs and rescue bots Military > Unmanned
Vehicle Systems$168k
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.47
Maritime – Business Model Description
Robots with marine applications such as ocean monitoring, weather data collection, ocean debris collection etc.
Automated Underwater Vehicles
Robotic technology applied tounderwater vehicles
Unmanned Surface Vehicles
Robotic technology applied tounmanned surface vessels
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.48
Maritime – Entrepreneur Activity and Investment Trend
$46M
$0.4M $2M
$17M
4
2
4
5
0
1
2
4
5
6
0
10
20
30
40
50
2013 2014 2015 2016N
um
ber o
f Ro
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ds
Fun
din
g A
mo
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t (i
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YoY – Total Funding and No. of Rounds
3
56
3
8
4
1110
5
0
2
5
7
10
12
2008 2009 2010 2011 2012 2013 2014 2015 2016
Nu
mb
er o
f C
om
pan
ies
Fou
nd
ed
YoY – No. of Companies Founded38
8
4 3 3 3 3 3
0
8
16
24
32
40
UnitedStates
UnitedKingdom
China Canada France Italy Netherlands
Portugal
Nu
mb
er o
f C
om
pan
ies
Distribution of Companies across Countries
$100M
17
0
4
7
11
14
18
0
24
48
72
96
120
Unmanned Surface Vehicles
Nu
mb
er of C
om
pan
ies
Fun
din
g A
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t (i
n M
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BM wise Investment
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.49
Maritime – Most Funded Companies
Company Overview Business ModelFunding Amount
liquid-robotics.comLiquid Robotics
(2007, Sunnyvale)Develops unmanned surface vehicles propelled by wave energyRiverwood Capital, VantagePoint Capital Partners, Schlumberger
Maritime > Unmanned Surface Vehicles
$82.14M
saildrone.comSaildrone
(2014, Alameda)Develops autonomous unmanned surface vehicle (USV)Lux Capital, Capricorn, Social Capital, Schmidt Family Foundation
Maritime > Unmanned Surface Vehicles
$16.5M
automarinesys.comAutonomous Marine Systems
(2008, Arlington)
Self-righting catamaranFontinalis Partners, I2BF Global Ventures, Signal Ventures, Texas Halo Fund, Industrial Investors, SURGE Ventures, Virginia Velocity, Clean Energy Venture Group
Maritime > Unmanned Surface Vehicles
$1.6M
openrov.comOpenROV
(2010, Berkeley)Open-source underwater robotTrue Ventures, SK Ventures
Maritime > Automated Underwater Vehicles
$1.3M
riptideas.comRiptide Autonomous Solutions
(2015, Boston)Unmanned Maritime Vehicle production
Maritime $333K
harborwingtech.comHarbor Wing Tech
(2003, Seattle)Designs and develops AUSVs for various industrial applications Maritime > Unmanned
Surface Vehicles$186K
exocetussystems.comExocetus Autonomous Systems
(2016, Wallingford)Develops a marine underwater robot for research and exploration Maritime > Automated
Underwater Vehicles-
deepinfar.comDeepfar Ocean Technology Co.
(2013, Tianjin)Performs R&D and develops underwater robots Maritime > Automated
Underwater Vehicles-
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
50
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.51
Interesting Unfunded Companies
Company OverviewBusiness Model
Franka(2016, Munich)
Collaborative robot arm with intuitive app-based programming Manufacturing > Material Handling > Robotic Arms
Roboception(2015, Munich)
Develops sensors for visual perception in robotsTech Enablers > Robot Vision
Dibotics(2015, Paris)
Develops platform for enabling 3D SLAM technology Tech Enablers > Navigation
Verb Surgical(2015, Mountain View)
Developing surgical robots with better AIHealthcare > Surgery
Runner Robotics(2015, Toronto)
Developing surgical robots with better AI Logistics > Internal Logistics
Curated list of companies by the sector analyst are defined as Interesting
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.52
Interesting Seed Companies
Company Overview Business ModelTotal
Funding
teamindus.inAxiom Research Labs
(2010, Bangalore)Developing and building space rovers
Space $3M
astrobotic.comAstrobotic
(2008, Pittsburgh)Space robotics techSpace Angels Network, XPRIZE
Space $2.65M
yogorobot.comYOGO Robot
(2016, Shanghai)Service robot manufacturerIDG Capital Partners
Service Robots > Hospitality -
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.53
Interesting Series A Companies
Company Overview Business ModelTotal
Funding
transcriptic.comTranscriptic
(2012, Menlo Park)
Cloud-based remote robotic bio-labIA Venttures, 500 Startups, AME Cloud Ventures, Founders Fund, Silicon Valley Bank, GV, Data Collective, Boost VC, Digital Science, WuXi AppTec, Accelerator Tech, MITS Fund
Healthcare > Laboratory Automation
$27.7M
bossanova.comBossa Nova Robotics
(2005, Pittsburgh)Develops robots for retail storesRiverwood Capital, Innovation Works, Walden Riverwood Ventures
Service Robots > Retail $23.11M
zenrobotics.comZenRobotics
(2007, Helsinki)Robots for the recycling industryLifeline Ventures, Invus
Energy, Environment & Recycling
$17M
parirobotics.comPari Robotics(1990, Pune)
Manufacturer of precision automation and robotics products and technologiesAxis Holdings
Manufacturing > Multi-Utility Robots
$8.8M
vigilantrobots.comGamma 2 Robotics
(2012, Denver)Security robot based auto monitoring solutionsFoxlink, Han Hai Investment, Newgen Venture Partners
Multi-Industry > Surveillance
$3.55M
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.54
Interesting Series B Companies
Company Overview Business ModelTotal
Funding
greyorange.comGreyOrange
(2011, Gurgaon)
Develops warehouse automation robotsTiger Global Management, Alps Venture, Blume Ventures
Logistics > Warehouse Automation
$38.58M
bluerivert.comBlue River Technology
(2011, Sunnyvale)
Computer vision and robotics for agriculureKhosla Ventures, Steve Blank, Innovation Endeavors, Data Collective, Ulu Ventures, ATEL Capital Group, Stanford Angels and Entrepreneurs, Pontifax Agtech
Agriculture $30.1M
fetchrobotics.comFetch Robotics
(2014, San Jose)
Robots for logistics and light industrial marketsO'Reilly AlphaTech Ventures, Shasta Ventures, Softbank
Logistics > Warehouse Automation
$23M
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.55
Interesting Late Stage Companies
Company Overview Business ModelTotal
Funding
rethinkrobotics.comRethink Robotics(2008, Boston)
Develops Baxter, a collaborative robot for manufacturing sectorGoldman Sachs, Highland Capital Partners, Charles River Ventures, Goldman Sachs, Draper Fisher Jurvetson, Sigma Partners, Bezos Expeditions, Sigma Prime Ventures, Two Sigma Ventures, Adveq, Wellington Management, GE Ventures
Manufacturing $113.5M
intouchhealth.comInTouch Technologies(2002, Santa Barbara)
Proprietary communications and mobile robotic platformBeringea, Acacia Venture Partners, InvestMichigan, Galen Partners, iRobot
Healthcare > Telepresence
$63.69M
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.56
Top Funded Deadpooled Companies
Company Overview Business ModelTotal
Funding
Oraya Therapeutics( 2007, Newark)
Robotic treatment to cure macular degeneration in eyeNational Institutes of Health, Scale Venture Partners, Essex Woodlands, HTGC, Domain Associates, Synergy Life Science Partner, Zeiss
Healthcare > Surgery $92M
QBotix( 2010, Menlo Park)
Autonomous and rugged robot for solar power plants operationNEA, Draper Fisher Jurvetson, Siemens Venture Capital, Draper Nexus, E.on, FirelakeCapital, Iberdrola
Energy, Environment & Recycling
$23.5M
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
57
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.58
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 one year Exit Outlook - Acquisitions Link
Top Funded Deadpooled Companies Companies Link
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.59
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
60
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.61
Industrial Robotics – Company List
Healthcare Logistics Manufacturing Military Maritime Multi-Industry Tech Enablers
AgricultureInfrastructure
Services Service Robots
Energy, Environment &
RecyclingSpace Electronics Textile
Media & Entertainment
266 FUNDED COMPANIES AND 585 UNFUNDED COMPANIES
COVERS THE FOLLOWING SECTORS
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.62
Healthcare (1/14)Company Overview Business Model Total Funding
Equine 4DDI(2015, New York City)
Develops robotically driven imagers for diagnostic imaging of pets (horses)
Xenex(2008, San Antonio)
Disinfection robots for healthcare facilitiesBattery Ventures, RK Ventures, Targeted Technology Funds, Brandon Point Industries
Disinfection $48.3M
Infection Prevention Technologies
(2009, Auburn Hills)
Robots for UV based disinfection in hospitals
Disinfection
Tru-D(2007, Memphis)
UV based bug slaying robot for use in hospitalsDisinfection
Transcriptic(2012, Menlo Park)
Cloud-based remote robotic bio-labIA Venttures, 500 Startups, AME Cloud Ventures, Founders Fund, Silicon Valley Bank, GV, Data Collective, Boost VC, Digital Science, WuXiAppTec, Accelerator Tech, MITS Fund
Laboratory Automation $27.7M
Protedyne(2000, Windsor Locks)
Develops robotic platform for laboratory automationVillage Ventures, Allen & Company, New Leaf Ventures, Sprout Group, Boston Community Capital, Meridian Venture Partners, Long River Ventures
Laboratory Automation $22M
Peak Analysis and Automation
(1992, Farnborough)
Laboratory automation robotics for the pharmaceutical & biotechnology industriesUCB
Laboratory Automation $5.6M
Go to BM List >> Logistics
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.63
Healthcare (2/14)Company Overview Business Model Total Funding
BioNex Solutions(2009, San Jose)
Laboratory Automation Robot for bio-pharmaceuticals and biotechLaboratory Automation $1.96M
Primadiag(2007, Romainville)
Robotics platforms for rapid automation of biology protocolsSmartAngels Laboratory Automation $639K
Sias(2000, Hombrechtikon)
Developer of lab automation and liquid handling robotsBioMedInvest Laboratory Automation
Ginolis(2010, Oulunsalo)
Liquid handling and lab automation robotsAlmi Laboratory Automation
OpenTrons(2014, Brooklyn)
Liquid handling robot for lab automationSOSV Laboratory Automation
aBioBot(2015, Columbus)
Liquid handling robot for laboratoriesLaboratory Automation
Dornier-LTF(, Lindau)
Develops a pippeting robotLaboratory Automation
Hudson Robotics(1983, Springfield Township)
Automation and robotic materials handling for LaboratoriesLaboratory Automation
Go to BM List >> Logistics
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.64
Healthcare (3/14)Company Overview Business Model Total Funding
Andrew Alliance(2011, Geneva)
Liquid handling robot for laboratoriesOmega Fund Laboratory Automation
NewIcon(2007, Kuopio)
Automated storage solutions for hospitals and pharmaciesEtera, Finnish Industry Investment Pharmacy Automation $2.85M
KIRO Robotics(2010, Mondragon)
Robots for automated compounding of intravenous treatmentsPharmacy Automation
Techcon Systems(1961, Garden Grove)
Automated dispensing systems for pharmaciesPharmacy Automation
Rowa Technologies | BD(1996, Kelberg)
Automated Pharmacy dispensing robotsPharmacy Automation
Parata Systems(2001, Durham)
Pharmacy dispensing solutionsPharmacy Automation
RxSafe(2008, Vista)
Pharmacy automation and dispensing solutionsPharmacy Automation
Innovation Associates(1972, Johnson)
Pharmacy automation solutionsPharmacy Automation
Go to BM List >> Logistics
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.65
Healthcare (4/14)
Go to BM List >> Logistics
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.66
Healthcare (5/14)
Go to BM List >> Logistics
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.67
Healthcare (6/14)
Go to BM List >> Logistics
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.68
Healthcare (7/14)
Go to BM List >> Logistics
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.69
Healthcare (8/14)
Go to BM List >> Logistics
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.70
Healthcare (9/14)
Go to BM List >> Logistics
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.71
Healthcare (10/14)
Go to BM List >> Logistics
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.72
Healthcare (11/14)
Go to BM List >> Logistics
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.73
Healthcare (12/14)
Go to BM List >> Logistics
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.74
Healthcare (13/14)
Go to BM List >> Logistics
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.75
Healthcare (14/14)
Go to BM List >> Logistics
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.76
Logistics (1/10)Company Overview Business Model Total Funding
Vecna(1999, Cambridge)
Waiting room solutions, patient portal and robotic solutions for logistics.
Aethon(1997, Pittsburgh)
Autonomous robots for internal logistics in hospitalsTrident Capital, Innovation Works, Draper Triangle, Robert Bosch Venture Capital, Radius Ventures, Nexus Medical Partners, Mitsui, Salix Ventures, Ascension Ventures
Internal Logistics $44.36M
Mobile Industrial Robots(2013, Odense)
Developers of robots for internal transport within a company, manufacturing floor or hospitals Internal Logistics $1.42M
CtrlWorks(2011, Singapore)
Makes robots with autonomous guidance systemsQualcomm, Techstars, National Research Foundation Singapore, Wavemaker Partners
Internal Logistics $1.4M
Unibap(2013, Uppsala)
Internal logistics robot for hospitals and enabling technologiesInternal Logistics $1.13M
Serva Transport Systems(2010, Bernau Am Chiemsee)
Developer of AGVs for intra-logistics needsInternal Logistics
Runners Robotics(2015, Toronto)
Robot for performing deliveries in a confined environmentInternal Logistics
Adam Robot | Cimcorp Oy(1986, Ulvila)
Mobile Robotic platform for transport of materialsInternal Logistics
Healthcare << Go to BM List >> Manufacturing
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Logistics (2/10)Company Overview Business Model Total Funding
Servus Intralogistics(2005, Dornbirn)
Developers of internal logistics solutionsInternal Logistics
Neobotix GmbH(1998, Heilbronn)
Robots for transportationInternal Logistics
MLR Group(2009, Ludwigsburg)
Develops AGVs for intralogistics and transportInternal Logistics
Savant Automation(2005, Grand Rapids)
Designs and develops automated guided vehiclesInternal Logistics
OPPENT SPA(1960, Milan)
Develops technologies for logistics industryInternal Logistics
Mobotech(2010, Auckland)
Develops Mobot which is a stand-on mini fork liftGlobal from Day One (GD1), Icehouse New Zealand, Sparkbox Internal Logistics
Dispatch(2015, San Francisco)
Self driven vehicles for last mile deliveryAndreessen Horowitz, SOSV Last Mile Delivery $2M
Marble(2015, San Francisco)
Stealth mode robotics company for performing deliveriesPromus Ventures, Eclipse VC, LemonLabs Last Mile Delivery
Healthcare << Go to BM List >> Manufacturing
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.78
Logistics (3/10)Company Overview Business Model Total Funding
ZhenRobotics(2016, Beijing)
Machine learning and AI based logistics robotsCAS Star Last Mile Delivery
Robby Technologies(2015, Palo Alto)
Stealth mode company involved in the development of autonomous mobile robots Last Mile Delivery
Sidewalk Delivery(2015, Vilnius)
Develops automated robots for last mile deliveryStartup Sauna Last Mile Delivery
Starship Technologies(2014, Tallinn)
Self-driving delivery robotsLast Mile Delivery
Seegrid(2003, Pittsburgh)
Vision Guided Vehicles with auto-navigationInnovation Works, Giant Eagle, Inc. Warehouse Automation $46.56M
GreyOrange(2011, Gurgaon)
Develops warehouse automation robotsTiger Global Management, Alps Venture, Blume Ventures Warehouse Automation $38.58M
Fetch Robotics(2014, San Jose)
Robots for logistics and light industrial marketsO'Reilly AlphaTech Ventures, Shasta Ventures, Softbank Warehouse Automation $23M
Kiva Systems(2003, North Reading)
Mobile-robotic Fulfilment SystemBain Capital Ventures Warehouse Automation $16.6M
Healthcare << Go to BM List >> Manufacturing
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Logistics (4/10)
Healthcare << Go to BM List >> Manufacturing
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Logistics (5/10)
Healthcare << Go to BM List >> Manufacturing
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Logistics (6/10)
Healthcare << Go to BM List >> Manufacturing
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Logistics (7/10)
Healthcare << Go to BM List >> Manufacturing
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Logistics (8/10)
Healthcare << Go to BM List >> Manufacturing
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Logistics (9/10)
Healthcare << Go to BM List >> Manufacturing
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Logistics (10/10)
Healthcare << Go to BM List >> Manufacturing
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Manufacturing (1/21)Company Overview Business Model Total Funding
Rethink Robotics(2008, Boston)
Develops Baxter, a collaborative robot for manufacturing sectorGoldman Sachs, Highland Capital Partners, Charles River Ventures, Goldman Sachs, Draper Fisher Jurvetson, Sigma Partners, Bezos Expeditions, Sigma Prime Ventures, Two Sigma Ventures, Adveq, Wellington Management, GE Ventures
$113.5M
Persimmon Tech(2010, Wakefield)
Developer of vacuum robotics and automation for semiconductor industryABB Group, Intel Capital, HTGC, National Science Foundation, BerwindPrivate Equity, Nidec Sankyo Corporation
$19M
Kugar(2012, San Francisco)
Robotics platform developer for industrial automationAlchemist Accelerator
Hi-More Robot(1980, Taoyuan City)
Develops robots for injection molding operations
Prafly(2011, Shenzhen)
Robots for industries and smart kitchen solutionsIntel Capital
Flow Waterjet(1974, Kent)
Ultra high pressure waterjet technology with industrial applications
DST Robot(1998, Bucheon-si)
Makers of industrial robots and pet robots
Logistics << Go to BM List >> Military
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.87
Manufacturing (2/21)Company Overview Business Model Total Funding
Kawada Robotics(2013, Tokyo)
Develops humanoid robots for substituting manual labour
ATM Automation(1972, Leicester)
Developers of automation and robotics
Baumann Automation(1983, Amberg)
Develops automation solution for industrial usage
CAMotion(1996, Atlanta)
Manufacturer of robots (cranes) with motion control and automation equipment
ARC Specialities(1983, Houston)
Developer of PLCs, CNC controllers and 6-axis robots
Duhan Robotics(2011, Faridabad)
Manufacturers and suppliers of robotics and automation solutions.
Titan Robotics(2014, Pittsburgh)
Robotic platform for automation of manufacturing operationsInnovation Works
Symbio Robotics(2014, Berkeley)
Robotic systems for manufacturing needs
Logistics << Go to BM List >> Military
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.88
Manufacturing (3/21)Company Overview Business Model Total Funding
Core Robotics(2008, Glasgow)
Design multi-axis CAD CAM milling, material handling & processing equipment
Linyee Robotics(2015, Shanghai)
Industrial robots and service robots
Inventrom(2011, Panjim)
Robotics R&D and manufacturing for industrial applications
Blastman Robotics(1997, Oulu)
Robotic blast cleaning solutionProfita Group Cleaning
Mimic RoboticsCartesian robots with more than 3 Degrees of Freedom
Material Handling
BlueWorkforce(2012, Frederikshavn)
Develops a modular delta robot platformMaterial Handling
Asyril(2007, Villaz-saint-pierre)
Developers of industrial feeding systems and delta robotMaterial Handling
Penta Robotics(2011, Vreeland)
Developer of robotic solutions for pick and place operationsMaterial Handling
Logistics << Go to BM List >> Military
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Manufacturing (4/21)
Logistics << Go to BM List >> Military
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Manufacturing (5/21)
Logistics << Go to BM List >> Military
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Manufacturing (6/21)
Logistics << Go to BM List >> Military
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Manufacturing (7/21)
Logistics << Go to BM List >> Military
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Manufacturing (8/21)
Logistics << Go to BM List >> Military
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Manufacturing (9/21)
Logistics << Go to BM List >> Military
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Manufacturing (10/21)
Logistics << Go to BM List >> Military
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Manufacturing (11/21)
Logistics << Go to BM List >> Military
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Manufacturing (12/21)
Logistics << Go to BM List >> Military
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Manufacturing (13/21)
Logistics << Go to BM List >> Military
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Manufacturing (14/21)
Logistics << Go to BM List >> Military
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Manufacturing (15/21)
Logistics << Go to BM List >> Military
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Manufacturing (16/21)
Logistics << Go to BM List >> Military
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Manufacturing (17/21)
Logistics << Go to BM List >> Military
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Manufacturing (18/21)
Logistics << Go to BM List >> Military
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Manufacturing (19/21)
Logistics << Go to BM List >> Military
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Manufacturing (20/21)
Logistics << Go to BM List >> Military
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Manufacturing (21/21)
Logistics << Go to BM List >> Military
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.107
Military (1/7)Company Overview Business Model Total Funding
Legion Robotics(2014, Gilbert)
Stealth mode defense robotics company
Duke Robotic Systems(2014, Tirat Karmel)
Robotic stabilization platform with defense applications
Roboteam(2009, Tel Aviv)
Unmanned Ground Vehicles development and manufacturingGenerali, Crossroads Capital, F&H Fund Management Unmanned Vehicle Systems $62M
Sarcos(2015, Salt Lake City)
Developers of dexterous robotic systems for use in unstructured environmentsMicrosoft, Caterpillar, Schlumberger, Cottonwood Technology Fund, GE Ventures
Unmanned Vehicle Systems $26.13M
RoboteX(2007, Sunnyvale)
Robots for military and law enforcementSubtraction Capital Unmanned Vehicle Systems $25.09M
IntroBot(2009, Palmela)
Robotic platform for reconnaissance missionsUnmanned Vehicle Systems $578K
ReconRobotics(2006, Edina)
Tactical micro-robot systemsUnmanned Vehicle Systems $353k
Targamite(2013, Fort Wayne)
Robotic programmable target systemElevate Ventures, Indiana Angel Network Unmanned Vehicle Systems $325K
Manufacturing << Go to BM List >> Maritime
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.108
Military (2/7)Company Overview Business Model Total Funding
Black-I Robotics(2006, Tyngsboro)
UGVs and rescue botsUnmanned Vehicle Systems $168k
Automotive Robotic Industry(2010, Nazareth)
Develops UGV platform for defense forcesCompass Ventures General Group Ltd. Unmanned Vehicle Systems
Robowatch Technologies(2007, Berlin)
Develops mobile security robots for defense departmentUnmanned Vehicle Systems
Rotoconcept(2009, Mississauga)
Developer of tactical robot platform and video accessoriesUnmanned Vehicle Systems
Inrobtech(2005, Yavne)
Developed of unmanned ground vehicles for defense sectorUnmanned Vehicle Systems
Drona Dynamics(2014, Delhi)
Technology products in robotics and renewable energy.Unmanned Vehicle Systems
innoBots(2011, Ramla)
Developers of unmanned robotic platformsUnmanned Vehicle Systems
Marathon Targets(2010, Sydney)
Develops robotic targets for live-fire trainingUnmanned Vehicle Systems
Manufacturing << Go to BM List >> Maritime
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.109
Military (3/7)Company Overview Business Model Total Funding
DoDaam(2000, Daejeon)
Developer of intelligent systems for defense and military fieldsUnmanned Vehicle Systems
Servosila(2015)
Mobile robotic solutions with industrial applicationsUnmanned Vehicle Systems
Collineo(2002, Boucherville)
Mobile robotics platform with defense applicationsUnmanned Vehicle Systems
Frontline Robotics(2001, Nepean)
Robots for security and defense applicationsUnmanned Vehicle Systems
TecDron(2013, La Rochelle)
Robotics for use in defenseUnmanned Vehicle Systems
General Robotics(2011, Van Nuys)
Develops a vehicle underbody surveillance robotUnmanned Vehicle Systems
General Robotics(2009, Shoham)
UGV robots for militarySingulariteam Unmanned Vehicle Systems
Robosoft(2010, Bidart)
Developers of service robots and military UGVsUnmanned Vehicle Systems
Manufacturing << Go to BM List >> Maritime
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Military (4/7)
Manufacturing << Go to BM List >> Maritime
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Military (5/7)
Manufacturing << Go to BM List >> Maritime
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Military (6/7)
Manufacturing << Go to BM List >> Maritime
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Military (7/7)
Manufacturing << Go to BM List >> Maritime
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.114
Maritime (1/11)Company Overview Business Model Total Funding
Riptide Autonomous Solutions(2015, Boston)
Unmanned Maritime Vehicle production$333k
Stechoq(2015, Yogyakarta)
Industrial and Military Robotics Design and Manufacture
Chariot Robotics Portugal(2008, Setubal)
Robotic device to clean the exterior of ships and storage tanks
SeaRobotics Inc.(1999, Stuart)
Manufactures both unmanned surface and underwater vehicles
omnipresenttech(2010, Delhi)
Industrial robots and smart electronic devices
Blue Robotics(2014, Torrance)
Technology provider for marine robotics
OpenROV(2010, Berkeley)
Open-source underwater robotTrue Ventures, SK Ventures
Automated Underwater Vehicles
$1.3M
Exocetus Autonomous Systems
(2016, Wallingford)
Develops a marine underwater robot for research and explorationAutomated Underwater Vehicles
Military << Go to BM List >> Multi-Industry
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.115
Maritime (2/11)Company Overview Business Model Total Funding
Deepfar Ocean Technology Co.
(2013, Tianjin)
Performs R&D and develops underwater robotsAutomated Underwater Vehicles
Fifish(2016, Guangzhou)
Unmanned underwater robotAngels Camp
Automated Underwater Vehicles
Hollund Industrial(2007, Blaine)
Underwater remote manipulator systemAutomated Underwater Vehicles
Ciscrea(2007, Toulon)
Develops ROVs and assorted componentsAutomated Underwater Vehicles
Subsea Tech(2005, Marseille)
Develops ROVs for underwater inspectionAutomated Underwater Vehicles
ROV Marine(2012, Scottsdale)
Develops unmanned surface vehicles and enabling technologiesAutomated Underwater Vehicles
Seahorse LIVE(2016, Andover)
Develops underwater robots and platform for control of the robotsAutomated Underwater Vehicles
Juice Robotics(2013, Cranston)
Designs and manufactures underwater unmanned vehiclesAutomated Underwater Vehicles
Military << Go to BM List >> Multi-Industry
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.116
Maritime (3/11)Company Overview Business Model Total Funding
Keelcrab(2012, Como)
Develops underwater robots for boat hull cleaning Automated Underwater Vehicles
Balt Robotics(2014, Siedlce)
Design and development of AUVs for ocean explorationAutomated Underwater Vehicles
ROVEEE(2007, Cavite City)
Manufacturer of ROV - Remotely Operated Underwater VehicleAutomated Underwater Vehicles
CC ROV(2015, Shenzhen)
Develops underwater drone for 4K filmingAutomated Underwater Vehicles
VideoRay(1999, Pottstown)
Developers of MicroROV for inspections and other industrial operationsAutomated Underwater Vehicles
AC-CESS(2004, Aberdeen)
Developer of ROVs for remote visual inspectionAutomated Underwater Vehicles
AUS-ROV(2012, Currumbin)
Develops ROVs for visual underwater inspection and surveyAutomated Underwater Vehicles
Aquabotix(2011, Fall River)
Manufactures ROV & underwater cameras and develops smart technology applications for ROV
Automated Underwater Vehicles
Military << Go to BM List >> Multi-Industry
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Maritime (4/11)
Military << Go to BM List >> Multi-Industry
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Maritime (5/11)
Military << Go to BM List >> Multi-Industry
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Maritime (6/11)
Military << Go to BM List >> Multi-Industry
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Maritime (7/11)
Military << Go to BM List >> Multi-Industry
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Maritime (8/11)
Military << Go to BM List >> Multi-Industry
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Maritime (9/11)
Military << Go to BM List >> Multi-Industry
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Maritime (10/11)
Military << Go to BM List >> Multi-Industry
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Maritime (11/11)
Military << Go to BM List >> Multi-Industry
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Multi-Industry (1/9)Company Overview Business Model Total Funding
Introsys(2002, Palmela)
Unmanned robotics platforms and robotics service provider Multipurpose Robotic Platforms
Vishwa Robotics(, Boston)
Robotics R&D company developing robotic productsMultipurpose Robotic Platforms
Pitom(2011, Pisa)
Develops robotic offerings and hardware componentsMultipurpose Robotic Platforms
Willow Garage(2006, Menlo Park)
Develops robotic platforms for experimentationMultipurpose Robotic Platforms
PlusOne Robotics(2015, San Antonio)
Stealth mode company developing novel robotic applicationsMultipurpose Robotic Platforms
HOPE Technik(2006, Singapore)
Developer of unmanned vehicle systems and roboticsSingtel Innov8, Heliconia Capital
Multipurpose Robotic Platforms
FAST Robot AG(1998, Altendorf)
Robot for laying optical fibre cables in underground sewer networksMultipurpose Robotic Platforms
A&K Robotics(2015, Vancouver)
Mobile robotic platform for light industrial workMultipurpose Robotic Platforms
Maritime << Go to BM List >> Tech Enablers
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.126
Multi-Industry (2/9)Company Overview Business Model Total Funding
Neural Ideas(2012, San Diego)
Modular robot that can take various shapes Multipurpose Robotic Platforms
Gridbots (2007, Ahmedabad)
Manufacturer of robotic technologies for consumer and industrial purposes
Multipurpose Robotic Platforms
4Front Robotics(2012, Calgary)
Developer of Unmanned Vehicle Systems(UVS)Multipurpose Robotic Platforms
Clearpath Robotics(2008, Kitchener)
Unmanned vehicle systems with multiple applicationsSilicon Valley Bank, RRE Ventures, Inovia Capital, BDC Capital, Keiretsu Forum, Canrock Ventures, Caterpillar, GTAN, GE Ventures, Eclipse VC
Multipurpose Robotic Platforms > Unmanned Ground Vehicles
$41.76M
HiBot(2004, Tokyo)
Robotic Solutions for Extreme EnvironmentsDraper Nexus, Mitsubishi UFJ Capital
Multipurpose Robotic Platforms > Unmanned Ground Vehicles
$16.8M
SP Robotic Works(2012, Chennai)
Technology company providing robotics products & servicesIndian Angel Network, The Chennai Angels
Multipurpose Robotic Platforms > Unmanned Ground Vehicles
$300k
REDI Technology(2013, Delhi)
Developing autonomous unmanned robots Multipurpose Robotic Platforms > Unmanned Ground Vehicles
Land Systems Corp(2013, Los Angeles)
Manufacturer of unmanned ground vehicles for infrastructure defense Multipurpose Robotic Platforms > Unmanned Ground Vehicles
Maritime << Go to BM List >> Tech Enablers
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.127
Multi-Industry (3/9)Company Overview Business Model Total Funding
CITIC HIC Kaicheng Intelligence Equipment
(1991, Hebei)
Develops tracked robotic platforms for varied applications Multipurpose Robotic Platforms > Unmanned Ground Vehicles
Anybotics(2016, Zurich)
Develops technology and products in multi-legged robots domain Multipurpose Robotic Platforms > Unmanned Ground Vehicles
Ghost Robotics(2015, Philadelphia)
Develops multi-legged robot platform Multipurpose Robotic Platforms > Unmanned Ground Vehicles
Innok Robotics(Regensburg)
Develops UGV platform for assistance Multipurpose Robotic Platforms > Unmanned Ground Vehicles
IKAP Robotics(2011, Tehran)
Develops service robots and modular UGVs Multipurpose Robotic Platforms > Unmanned Ground Vehicles
Intelligent Marking(2013, Hjorring)
Robot for creating marking on Sports grounds Multipurpose Robotic Platforms > Unmanned Ground Vehicles
Generic Intelligent Machines(2014, Espoo)
Develops robots and enabling technologies Multipurpose Robotic Platforms > Unmanned Ground Vehicles
Aquajet(1988, Holsbybrunn)
Develops remotely controlled hydro-demolition robots Multipurpose Robotic Platforms > Unmanned Ground Vehicles
Maritime << Go to BM List >> Tech Enablers
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Multi-Industry (4/9)
Maritime << Go to BM List >> Tech Enablers
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Multi-Industry (5/9)
Maritime << Go to BM List >> Tech Enablers
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Multi-Industry (6/9)
Maritime << Go to BM List >> Tech Enablers
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Multi-Industry (7/9)
Maritime << Go to BM List >> Tech Enablers
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Multi-Industry (8/9)
Maritime << Go to BM List >> Tech Enablers
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Multi-Industry (9/9)
Maritime << Go to BM List >> Tech Enablers
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.134
Tech Enablers (1/17)Company Overview Business Model Total Funding
Redtree Robotics(2012, Waterloo)
Computer platform for embedding in robotsReal Ventures, FounderFuel $350K
Telefactor Robotics(2013, Conshohocken)
Develops solutions for robots, tele-presence devices and human machine interfacesBen Franklin Technology Partners
$230K
KB-Avrora(2010, Ryazan)
R&D to develop autopilot systems and roboticsSkolkovo Foundation $100K
Agro Intelligence Aps(2015, Aarhus)
Develops technology for autonomous agricultural machines$16.36k
ISRA Vision(1985, Darmstadt)
Robotic vision and surface vision sensorsIBB Beteiligungsgesellschaft, Taaleri
ALCI(2007, Montpellier)
R&D into Robotic visionicsOrkos Capital
SynTouch(2008, Los Angeles)
Tactile sensor for various robotics platformsPlug and Play Tech Center
Visio Nerf3D Vision sensors for robotics
Multi-Industry << Go to BM List >> Agriculture
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Tech Enablers (2/17)Company Overview Business Model Total Funding
ATI Industrial Automation(1989, Apex)
Makers of robotic end effectors
Hine Automation(2009, Petersburg)
Develops robotic components
Cytron Technologies(2004, Simpang Empat)
Robotics and accessories manufacturer
Roboteq(2002, Scottsdale)
Makers of DC motor controllers and magnetic guide sensors
Jaybridge(2008, Cambridge)
Develops vehicle automation segment for heavy equipment
Holomni(2010, Los Angeles)
Omnidirectional robotic wheels
Simplex Motion(2013, Gothenburg)
Integrated motor drive solutionChalmers Ventures Actuators $154.3k
American Grippers(1997, Trumbull)
Develops pneumatic actuators and grippers for industrial robotsActuators
Multi-Industry << Go to BM List >> Agriculture
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Tech Enablers (3/17)Company Overview Business Model Total Funding
Macron Dynamics(1987, Philadelphia)
Develops actuators and drives for building robots and enabling industrial automation Actuators
Nuri Robot(2015, Seoul)
Developer of actuators for robotsActuators
Omniroll(2013, Interlaken)
Develops mecanum wheels for mobile platformsActuators
Omni Robot(2015, Dongguan)
Develops omni-directional wheels for developing roboticsActuators
Gimatic(1985, Roncadelle)
Developer of grippers and End-of-arm tooling for robotsXenon Private Equity Actuators
Robotools(1994, Turin)
Develops end-effectors for industrial robotsActuators
Hebi Robotics(2014, Pittsburgh)
Developers of smart actuators for integration into robotsInnovation Works Actuators
Harmonic Drive(2002, Peabody)
Developer of actuators and servos exclusively for use in robotsActuators
Multi-Industry << Go to BM List >> Agriculture
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Tech Enablers (4/17)
Multi-Industry << Go to BM List >> Agriculture
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.138
Tech Enablers (5/17)
Multi-Industry << Go to BM List >> Agriculture
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.139
Tech Enablers (6/17)
Multi-Industry << Go to BM List >> Agriculture
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.140
Tech Enablers (7/17)
Multi-Industry << Go to BM List >> Agriculture
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.141
Tech Enablers (8/17)
Multi-Industry << Go to BM List >> Agriculture
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.142
Tech Enablers (9/17)
Multi-Industry << Go to BM List >> Agriculture
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.143
Tech Enablers (10/17)
Multi-Industry << Go to BM List >> Agriculture
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.144
Tech Enablers (11/17)
Multi-Industry << Go to BM List >> Agriculture
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.145
Tech Enablers (12/17)
Multi-Industry << Go to BM List >> Agriculture
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.146
Tech Enablers (13/17)
Multi-Industry << Go to BM List >> Agriculture
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.147
Tech Enablers (14/17)
Multi-Industry << Go to BM List >> Agriculture
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.148
Tech Enablers (15/17)
Multi-Industry << Go to BM List >> Agriculture
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.149
Tech Enablers (16/17)
Multi-Industry << Go to BM List >> Agriculture
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.150
Tech Enablers (17/17)
Multi-Industry << Go to BM List >> Agriculture
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.151
Agriculture (1/4)Company Overview Business Model Total Funding
Blue River Technology(2011, Sunnyvale)
Computer vision and robotics for agriculureKhosla Ventures, Steve Blank, Innovation Endeavors, Data Collective, Ulu Ventures, ATEL Capital Group, Stanford Angels and Entrepreneurs, Pontifax Agtech
$30.1M
Harvest Automation(2007, Billerica)
Robot for automating labor intensive agricultural tasksFounder Collective, Entree Capital, MassVentures, Massachusetts Technology Development Corporation, Life Sciences Partners, CultivianVentures, Cultivian Sandbox
$27.9M
Naio Technologies(2011, Ramonville-saint-agne)
Robots to automate on-field operationsEmertec Gestion, WiSEED, CapAgro $3.2M
QualySense(2010, Dubendorf)
Robots for sorting agricultural products$2.9M
Hortimotion(2012, Delft)
Automated crop spraying robot for pest control
VitiRover Robots(2010, Saint-emilion)
Grass-cutting autonomous solar powered robots for vineyards
Green Robot Machinery(2014, Bangalore)
Robotic machine for picking cottonQualcomm, Villgro Innovations Foundation
Tech Enablers << Go to BM List >>Infrastructure
Services
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Agriculture (2/4)Company Overview Business Model Total Funding
Iota Technologies(2015, Victoria)
Developers of a tree planting robot
Vision Weeding(2006, Kirke Hvalso)
Products for autonomous farm operations
Virentes(2014)
Developer of robotic plant grafting machineThe Trendlines Group
FarmBot(2015, Vancouver)
Autonomous farm operations system
Evergreen Robotics(2012, Port Jefferson)
Robotic solution for fruit picking in orchards
Robotany(2016, Pittsburgh)
Solutions for automating vertical farming
Fennec Fox Tech(2012, Pune)
Develops a coconut plucking robot
Franklin Robotics(2015, Lowell)
Robotics for automating agricultural activities
Tech Enablers << Go to BM List >>Infrastructure
Services
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Agriculture (3/4)
Tech Enablers << Go to BM List >>Infrastructure
Services
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Agriculture (4/4)
Tech Enablers << Go to BM List >>Infrastructure
Services
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Infrastructure Services (1/5)Company Overview Business Model Total Funding
RedZone(1987, Pittsburgh)
Wastewater inspection technology providerInnovation Works, ABS Capital Partners, Smithfield Trust Company, Four Winds Capital, Meidlinger Partners
Asset Inspection $52M
RailPod(2014, Boston)
Robotic rail track inspection systemAsset Inspection $2.5M
Lab.E Robotics(2015, Kladno)
Develops robotic crawler and assorted sensors for pipe explorationAsset Inspection
SewerVUE(2009, Burnaby)
Develops robots and provides robotic pipe inspection servicesAsset Inspection
itRobotics(2000, Houston)
Develop Inspection robots for pipes and tubingAsset Inspection
Cyberia Robotics(1996, Montpellier)
Develops robots for remote asset inspectionAsset Inspection
Robotics Design(1997, Montreal)
Develops modular robotic technology for duct inspectionAsset Inspection
Aegion Coating Services(2016, Conroe)
Manufactures robots and uses them to provide robotic infrastructure protection services Asset Inspection
Agriculture << Go to BM List >> Service Robots
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Infrastructure Services (2/5)Company Overview Business Model Total Funding
Robotic Pipe Repair(2014, Longmont)
Develops robotic pipe rehabilitation equipmentAsset Inspection
Visatec(1994, Sulzberg)
Developers of automated crawlers, ROVs and assorted accessories for inspection Asset Inspection
Image Inspect(1986, Calgary)
Crawlers and equipment for remote image inspectionAsset Inspection
Recce Robotics(2013, Nanaimo)
Developer of tracked robots for inspection of sewersAsset Inspection
RIEZLER Inspektionssysteme(1976, Durach)
Robots for inspection in pipelinesAsset Inspection
Inspector Systems(, Frankfurt)
Robots for video inspection of pipelinesAsset Inspection
Envirosight(2001, Randolph)
Robotic crawlers for pipeline inspectionAsset Inspection
IMS Robotics(1992, Ottendorf-okrilla)
Robots that are used for sewer rehabilitationAsset Inspection
Agriculture << Go to BM List >> Service Robots
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Infrastructure Services (3/5)Company Overview Business Model Total Funding
IBAK(1945, Kiel)
Robots for inspection and maintenance of sewersAsset Inspection
RestoFlow(2014, Singapore)
Robotic centering and rehabilitation of pipelinesAsset Inspection
RapidView(1991, Fort Wayne)
Inspection robots for pipelinesAsset Inspection
Inuktun(1989, Nanaimo)
Remotely operated robotic crawlers for inspectionAsset Inspection
ProKASRO(2000, Karlsruhe)
Robots that clean the sewer systems and work inside pipesAsset Inspection
Invert Robotics(2010, Christchurch)
Robotic remote inspection technologyNZVIF, Powerhouse Ventures Asset Inspection
Robosoft Systems(2008, Mumbai)
Develops educational and inspection robotsAsset Inspection
Q-Bot(2012, London)
Develops robots that perform insulation below houses with timber floorsClearlySo, EcoMachines Ventures, European Commission
Construction $2.85M
Agriculture << Go to BM List >> Service Robots
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Infrastructure Services (4/5)
Agriculture << Go to BM List >> Service Robots
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Infrastructure Services (5/5)
Agriculture << Go to BM List >> Service Robots
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Service Robots (1/7)Company Overview Business Model Total Funding
Inka Robotics(2014, Haifa)
Developed a robotic tattoo artist
Precise Path Robotics(2006, Indianapolis)
Robotic lawn mowerCommercial Cleaning & Mowing
$4.5M
Avidbots(2014, Kitchener)
Commercial cleaning robotsReal Ventures, SOSV, HAX
Commercial Cleaning & Mowing
$25k
EDAS(2011, Taipei)
Wet-cleaning robot for glass facadesCommercial Cleaning & Mowing
Cub Cadet(1961, Snohomish)
Develops autonomous lawn mowers for golf coursesCommercial Cleaning & Mowing
Partnering Robotics(2007, Paris)
Develops robots for cleaning of indoor airCommercial Cleaning & Mowing
Aquatron(1980, Afula)
Develops automated pool cleaning robotsCommercial Cleaning & Mowing
Selftech(2008, Amora)
Develops an autonomous lawn mower for golf coursesCommercial Cleaning & Mowing
Infrastructure
Services << Go to BM List >>
Energy,
Environment &
Recycling
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Service Robots (2/7)Company Overview Business Model Total Funding
IBC Robotics(2010, Eskilstuna)
Develops robot for cleaning shipping containers Commercial Cleaning & Mowing
Fybots(2010, Guyancourt)
Cleaning robots for industrial sitesCommercial Cleaning & Mowing
CoboClean(2015, Lyon)
Automated cleaning robot called Mall-ECommercial Cleaning & Mowing
Combijet(2012, Limassol)
Develops robots for industrial cleaning needsCommercial Cleaning & Mowing
Bharati Robotic Systems India(2013, Pune)
Developers of Commercial robotsCommercial Cleaning & Mowing
Weda Poolcleaner(1919, Sodertalje)
Robotic pool cleaners for commercial establishmentsCommercial Cleaning & Mowing
Intellibot Robotics(1985, Richmond)
Hands free floor cleaning solutionsCommercial Cleaning & Mowing
Savioke(2013, Sunnyvale)
Delivery robot for the hospitality services industryAME Cloud Ventures, Felicis Ventures, Intel Capital, GV, EDBI, MoradoVentures, Northern Light Venture Capital, Recruit Holdings, Moment Ventures, Visionnaire Ventures, PreAngel Fund
Hospitality $17.6M
Infrastructure
Services << Go to BM List >>
Energy,
Environment &
Recycling
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Service Robots (3/7)Company Overview Business Model Total Funding
Solus Robots(2004, Vaughan)
Develops service robots for marketing and advertising purposesHospitality
Pangolin Robot(2004, Kunshan)
Develops humanoid service robots for the hospitality sectorHospitality
YOGO Robot(2016, Shanghai)
Service robot manufacturerIDG Capital Partners Hospitality
Yunji Technology(2014, Chaoyang)
Develops mobile robots for commercial applicationsHospitality
JH Robot(2012, Zhengzhou)
Develops humanoid service robotsHospitality
Slamtec(2013, Shanghai)
Builds robotics platform and a 2D-LiDAR scannerHospitality
Robotech(2004, Pisa)
Develops service robots with multiple applicationsHospitality
Engineered Arts(2004, Truro)
Develops humanoid robotsLloyds Bank Hospitality
Infrastructure
Services << Go to BM List >>
Energy,
Environment &
Recycling
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Service Robots (4/7)
Infrastructure
Services << Go to BM List >>
Energy,
Environment &
Recycling
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Service Robots (5/7)
Infrastructure
Services << Go to BM List >>
Energy,
Environment &
Recycling
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.165
Service Robots (6/7)
Infrastructure
Services << Go to BM List >>
Energy,
Environment &
Recycling
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.166
Service Robots (7/7)
Infrastructure
Services << Go to BM List >>
Energy,
Environment &
Recycling
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.167
Energy, Environment & Recycling (1/3)Company Overview Business Model Total Funding
QBotix(2010, Menlo Park)
Autonomous and rugged robot for solar power plants operationNEA, Draper Fisher Jurvetson, Siemens Venture Capital, Draper Nexus, E.on, Firelake Capital, Iberdrola
$23.5M
ZenRobotics(2007, Helsinki)
Robots for the recycling industryLifeline Ventures, Invus $17M
Scrobby Robotics(2013, Groningen)
Developer of solar panel cleaning robot
Alion Energy(2008, Richmond)
Robotic installation and cleaning for solar energy installationsBright Capital
Snake Robots(1999, Los Altos)
Company involved in R&D and development of flexible robots
Solar Farm Cleaning(2011, Budapest)
Developers of autonomous Solar PV cleaning robots
Robigo(2015, Sofia)
Developed a robot for autonomous solar cleaning
Sun Effect(2011, Bet Shemesh)
Robotic device for solar panel cleaning.
Service Robots << Go to BM List >> Space
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Energy, Environment & Recycling (2/3)
Service Robots << Go to BM List >> Space
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.169
Energy, Environment & Recycling (3/3)
Service Robots << Go to BM List >> Space
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.170
SpaceCompany Overview Business Model Total Funding
Moon Express(2010, Mountain View)
Lunar transportation and mining servicesFounders Fund, Autodesk, SpaceFlorida, XPRIZE $28.68M
Axiom Research Labs(2010, Bangalore)
Developing and building space rovers$3M
Astrobotic(2008, Pittsburgh)
Space robotics techSpace Angels Network, XPRIZE $2.65M
ispace(2013, Tokyo)
Developing micro-robots locate the resources necessary to extend human life into outer space
Altius Space Machines(2010, Broomfield)
Hardware based capture of satellitesSpace Angels Network
Energy,
Environment &
Recycling
<< Go to BM List >> Electronics
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Electronics (1/2)Company Overview Business Model Total Funding
OptoFidelity(2005, Tampere)
Test and measurement automation and machine visionFinnish Industry Investment, VisionPlus Fund $4.02M
Tapster Robotics(2015, Chicago)
Robot based automated testing of apps on real devicesO'Reilly AlphaTech Ventures $100k
JEL Robot(1993, Yamato)
Develops multi-arm clean room and vacuum robots for semiconductor fabrication
Advanced Coating Robotics(2009, Barnsley)
Develops a conformal coating machine for use in PCB production
PKC Electronics(1986, Raahe)
Solutions for automated testing and power control
JOT Automation(1988, Oulu)
Automated test and assembly solutions for smart products.
Qualitas Technologies(2008, Bangalore)
Industrial automation solutions with expertise in machine learningSouthern Capital Group
Tactile Automation(2014, Monroe)
Automated test solution for manufacturing and production
Space << Go to BM List >> Textile
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Electronics (2/2)
Space << Go to BM List >> Textile
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.173
Textile Company Overview Business Model Total Funding
SoftWear Automation(2014, Atlanta)
Robotic sewing machineSRI Capital, CTW Venture Partners, Ellis Capital, Georgia Tech VentureLab
$3M
Sewbo(2014, Seattle)
Develops a robotic offering for garment manufacturers
Electronics << Go to BM List >>Media &
Entertainment
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Media & Entertainment (1/2)Company Overview Business Model Total Funding
Mo-Sys Engineering(2012, London)
Develops robotic camera motion and control systems for the media industry
Electric Friends(2013, Oslo)
Develops robots and controlling software for media industry
AR+(2012, Bretagne)
Develops ARCAM System for robotic camera control
Eclipse Rover(2014, Kalispell)
UGVs for video capture
Motorized Precision(2015, Portland)
Develops robotic camera for professional video capture
Mark Roberts Motion Control(1966, Farnborough)
Develops high-speed motion camera robot
Blackcam(2012, Berlin)
Remotely controlled robot camera on tracks
Camerobot(2011, Bayreuth)
Developer of precision robotic technology for broadcast studios
Textile << Go to BM List
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Media & Entertainment (2/2)
Textile << Go to BM List
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Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
176
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Team
Kartick M
Lead Analyst – Technology
Industrial Robotics Report – February 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.178
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