Investors powering on robotics startups

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Indian robotics startups raised four times more funds in 2024 compared with two years earlier, as the growth opportunities presented by them amid a ramp-up in automation by enterprises and a fall in the time and cost to produce the machines attracted investor interest.

Robotics startups in India raised $117 million in 2024 across 41 deals, compared with $54 million in 2023 and $28.8 million in 2022, according to data sourced from market intelligence platform Tracxn. This mirrors the global funding landscape, where robotics startups saw $18.6 billion…



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Investors powering on robotics startups



Indian robotics startups raised four times more funds in 2024 compared with two years earlier, as the growth opportunities presented by them amid a ramp-up in automation by enterprises and a fall in the time and cost to produce the machines attracted investor interest.

Robotics startups in India raised $117 million in 2024 across 41 deals, compared with $54 million in 2023 and $28.8 million in 2022, according to data sourced from market intelligence platform Tracxn. This mirrors the global funding landscape, where robotics startups saw $18.6 billion…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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