October fundings for robotics-related startups totaled $291.75 million bringing the year-to-date funding figure very close to $1.5 billion. For acquisitions, three of the six companies acquired reported that $390.5 million traded hands. All in all, another strong month for robotics.
UPDATE #1 11/2/2016: Supporting the “another strong month for robotics” statement is an announcement from the RIA (Robotic Industries Association) that robot orders and shipments in North America set new records in the first nine months of 2016. A total of 23,985 robots valued at $1.3 billion were ordered from North American companies in the first nine months of 2016, an increase of 7% in units and 3% in dollars over the same period in 2015, which held the previous record.
UPDATE #2 11/2/2016: Fortune originally report the funding for Rokid as $65 million. They revised it to “more than $50 million.”