March 2017 had 29 robotics-related startups get funding totaling over $222 million – another solid month for 2017 and $658 million year-to-date. Acquisitions also continued to be substantial with Intel’s eye-popping $15 billion acquisition of Israeli Mobileye. Plus, there were three IPOs.
“RightHand Robotics has created a transformative technology combining machine learning and smart hardware to address a tremendous opportunity in the logistics industry,” says investor Andy Rubin, Founder and CEO at Playground Global. “For the first time, affordable industrial robots can grasp things they have never seen before.”