Where top VCs are investing in manufacturing and warehouse robotics – TechCrunch
Robotics and automation instruments are actually foundational components of warehouses and manufacturing amenities world wide. In contrast to many different robotics and AI use circumstances, the expertise has moved properly past the theoretical into apply and is utilized by small suppliers and enormous firms like Amazon and Walmart.
There’s little doubt that automation will remodel each step of the provision chain, from manufacturing to success to delivery and logistics. The one query is how lengthy such a revolution will take.
There’s nonetheless loads of market left to remodel and plenty of room for brand new gamers to redefine completely different verticals, even with most of the present leaders having already staked their declare. Naturally, VCs are loads keen to speculate hundreds of thousands within the expertise. In 2019 alone, manufacturing, equipment and automation noticed roughly 800-900 venture-backed fundraising rounds, in keeping with information from Pitchbook and Crunchbase, near two-thirds of which have been nonetheless early-stage (pre-seed to Sequence B) investments.
With our 2020 Robotics+AI classes occasion lower than two weeks away, we’ve determined to carry out temperature checks throughout among the hottest robotics sub-verticals to see which tendencies are coming down the pipe and the place checks are literally being written. Simply as we did with building robotics final week, this time, we requested seven main VCs who actively spend money on manufacturing automation robotics to share what’s thrilling them most and the place they see alternatives within the sector:
Rohit Sharma, True Ventures
Which tendencies are you most enthusiastic about in manufacturing/warehouse automation robotics from an investing perspective?
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