May 2017 had two robotics-related companies get $9.5 billion in funding and 22 others raised $249 million. Acquisitions also continued to be substantial with Toyota Motor’s $260 million acquisition of Bastian Solutions plus three others (where the amounts weren’t disclosed).
“Autonomous vehicles are tempting us with a radically new future. However, this level of autonomy requires a highly sophisticated mapping and localization infrastructure that can handle massive amounts of data. I’m very excited to work with the DeepMap team, who have the requisite expertise in mapping, vision, and large scale operations, as they build the core technology that will fuel the next generation of transportation,” said Martin Casado, general partner at Andreessen Horowitz.