Investors Discuss First Quarter Robotics Investments Totaling $520M Across 40 Deals

Published by , July 24, 2017 12:46 pm

(TechCrunch)  Robotics investment deals are increasing in both frequency and size, with roughly $520 million invested across 40 deals in the first quarter alone, compared with roughly the same amount invested in 130 companies across all of 2014. Top robotics investors Josh Wolfe of Lux Capital, Helen Zelman Boniske of Lemnos and Manish Kothari of SRI Ventures recently discussed what they are looking for in robotics investments.
Wolf explained, “At the moment, cash is abundant,” said Wolfe. “There are new angels coming [into the industry]. There are new venture firms forming. There are corporate guys coming in. SoftBank is making a huge impact on this stuff [including with its huge new Vision Fund].” All of it means that the risk of raising early rounds and follow-on funding is “very low,” in his view — as long as founders make products that are also “good businesses.” (The funding picture will invariably change, said Wolfe.)

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