All the fundraising deals in the robotics market (from Q4 2024 to Q4 2025)
Download our beautiful pitch about the robotics market
In our robotics market deck, you will find everything you need to understand the market
The robotics market raised over $2.2 billion across 12 publicly announced deals from Q4 2024 to Q4 2025.
Humanoid robots captured the lion's share of funding, with Figure and Apptronik alone accounting for more than 60% of all capital raised.
Warehouse and logistics robotics led in deal volume, showing that investors are betting on specialized automation for real-world work.
And if you want to better understand this new industry, you can download our pitch covering the robotics market.
Insights
- One mega-deal can define an entire quarter: Figure's $1 billion Series C represented 100% of Q3 2025 robotics funding, showing how a single humanoid robot company can skew industry totals.
- Humanoid robots attracted $1.4 billion (63% of all funding) but only 3 deals, while warehouse robotics had 4 deals totaling $261 million, suggesting investors prefer fewer, bigger bets on general-purpose robots.
- Surgical robotics raised $325 million across just 2 deals, with both CMR Surgical and ForSight Robotics explicitly funding clinical trials and regulatory pathways rather than early R&D.
- The average robotics deal size was $187 million, but excluding the Figure mega-round, the average drops to $113 million, revealing a more moderate funding environment.
- Four different warehouse automation approaches got funded in 12 months: aisle picking (Brightpick), truck unloading (Pickle Robot), inventory scanning (Dexory), and robot workers (Tutor Intelligence).
- Eclipse led two major rounds (ForSight Robotics and Mind Robotics), making them one of the most active robotics investors alongside B Capital and Capital Factory who both backed Apptronik twice.
- Q4 2025 funding dropped 69% from Q3 2025, but this reflects the absence of billion-dollar humanoid rounds rather than a market slowdown in industrial and warehouse robotics.
- U.S. market expansion was explicitly mentioned in 5 of the 12 deals, suggesting robotics companies see North America as the key growth region for commercial deployments.
In our robotics market deck, we will give you useful market maps and grids
Summary table of the funding deals in the robotics market (last 5 quarters)
We define the robotics market as all professional physical robots that sense their environment, make decisions and act in the real world for work purposes.
We include industrial robot arms and cobots, mobile robots in factories and warehouses, medical and surgical robots, and other professional service robots used in logistics, healthcare, agriculture and infrastructure.
We exclude consumer robots and toys, hobby drones, pure software automation like RPA, and non-robotic automation equipment such as simple conveyors or fixed-purpose machines.
You can also read our detailed analysis to understand how funding activity in the robotics market has evolved over the last few years.
Also, you should know that we have a dedicated page, updated weekly, with all the latest fundraising deals in the robotics market.
| Name | What they do | Amount ($) | Quarter | Source(s) |
|---|---|---|---|---|
| Figure | Builds general-purpose humanoid robots for workplace tasks at scale | $1,000M | Q3 2025 | Figure.ai, TechCrunch |
| Apptronik | Develops Apollo, an AI-powered humanoid robot for warehouses and manufacturing | $350M | Q1 2025 | Reuters |
| CMR Surgical | Makes the Versius surgical robot system for soft-tissue procedures | $200M+ | Q2 2025 | GlobeNewswire |
| Dexory | Builds autonomous robots that scan warehouse inventory racks | $165M | Q4 2025 | Dexory, The Times |
| ForSight Robotics | Develops ORYOM, a robotic platform for eye surgery starting with cataracts | $125M | Q2 2025 | Business Wire |
| Mind Robotics | Industrial AI and robotics company spun out of Rivian for manufacturing | $115M | Q4 2025 | TechCrunch |
| Coco Robotics | Operates sidewalk delivery robots for last-mile retail and food delivery | $80M | Q2 2025 | TechCrunch |
| ANYbotics | Makes Anymal, a legged robot for autonomous industrial inspections | $60M | Q4 2024 | TechCrunch |
| Apptronik | Extended Series A to accelerate humanoid robot commercialization | $53M | Q1 2025 | Apptronik |
| Pickle Robot | Builds robots that autonomously unload trucks and containers at docks | $50M | Q4 2024 | GlobeNewswire |
| Tutor Intelligence | Deploys AI-powered robot workers for manufacturing and logistics sites | $34M | Q4 2025 | Tutor Intelligence, citybiz |
| Brightpick | Makes AI-powered mobile robots that pick items in warehouse aisles | $12M | Q4 2024 | Brightpick |
In our robotics market deck, we identify pain points entrepreneurs should prioritize
How has funding activity in the robotics market changed over time?
Q3 2025 was by far the most active quarter with $1 billion raised, but this was entirely due to Figure's massive Series C round for humanoid robots.
Q4 2024 was the least active quarter with just $122 million across 3 deals, as the robotics market was still building momentum heading into 2025.
Funding in Q4 2025 ($314 million) dropped 69% compared to Q3 2025 ($1 billion), but increased 157% compared to Q4 2024 ($122 million) one year earlier.
If you exclude the top deal from each quarter, Q2 2025 becomes the strongest period with $205 million raised across CMR Surgical and ForSight Robotics. This shows that surgical robotics and warehouse automation are driving consistent investment activity even without headline-grabbing humanoid rounds.
| Quarter | Number of deals | Total raised ($) | Comment |
|---|---|---|---|
| Q4 2024 | 3 | $122M | Steady activity with ANYbotics and Pickle Robot leading industrial and logistics robotics deals |
| Q1 2025 | 2 | $403M | Apptronik dominated with $403M total across two rounds for humanoid robot production |
| Q2 2025 | 3 | $405M | Balanced quarter with surgical robotics (CMR, ForSight) and delivery robots (Coco) all raising |
| Q3 2025 | 1 | $1,000M | Figure's billion-dollar Series C made this the biggest quarter in robotics funding history |
| Q4 2025 | 3 | $314M | Warehouse robotics returned with Dexory and Mind Robotics leading industrial automation deals |
| All quarters | 12 | $2,244M | Humanoid robots drove totals, but warehouse and surgical robotics showed steady deal flow |
In our robotics market deck, we identify repeatable patterns you can use if you’re building in this market
Which startups in the robotics market raised the largest rounds over the last months?
These startups raised the most recently in the robotics market:
- Figure raised $1 billion because the company is building general-purpose humanoid robots and investors believe these robots can eventually work alongside humans in warehouses, factories, and other settings.
- Apptronik raised $350 million to scale production of Apollo, the humanoid robot, with backing from Google and B Capital who see humanoids as the next major platform.
- CMR Surgical raised over $200 million to expand Versius surgical robot deployments, especially in the U.S. market where demand for robotic surgery is growing.
- Dexory raised $165 million to grow its warehouse scanning robot business globally, as retailers and logistics companies seek better inventory visibility.
- ForSight Robotics raised $125 million to fund clinical trials for its eye surgery robot, addressing a global shortage of ophthalmic surgeons.
- Mind Robotics raised $115 million as a Rivian spinout focused on industrial AI and robotics for manufacturing applications.
- Coco Robotics raised $80 million to scale sidewalk delivery robots as retailers seek low-emission last-mile delivery options.
- ANYbotics raised $60 million to expand its legged inspection robots into the U.S. market for hazardous industrial environments.
- Apptronik raised an additional $53 million to bring strategic partners like Mercedes-Benz and Japan Post Capital into the humanoid robot ecosystem.
- Pickle Robot raised $50 million to meet growing demand for automating truck unloading, a physically demanding job that's hard to staff.
In our robotics market deck, we answer all the common questions from investors and entrepreneurs
Is the robotics market shifting toward smaller or bigger deals?
The average robotics funding deal over the past five quarters was $187 million, but this number is heavily influenced by Figure's $1 billion humanoid robot round.
Looking at each quarter, average deal sizes ranged from $41 million in Q4 2024 to $1 billion in Q3 2025. The variation comes from whether a quarter included a mega-round for humanoid robots or not.
If you exclude the largest deal each quarter, the average robotics deal size drops to around $50 million, which suggests that most industrial robots, warehouse robots, and surgical robots are raising at more modest levels.
| Quarter | Number of deals | Average deal size ($) | Deals below $2M | Deals above $50M |
|---|---|---|---|---|
| Q4 2024 | 3 | $41M | 0 | 2 |
| Q1 2025 | 2 | $202M | 0 | 2 |
| Q2 2025 | 3 | $135M | 0 | 3 |
| Q3 2025 | 1 | $1,000M | 0 | 1 |
| Q4 2025 | 3 | $105M | 0 | 2 |
| All quarters | 12 | $187M | 0 | 10 |
In our robotics market deck, we help you understand how the market is structured
How concentrated was funding activity in the robotics market?
Funding in the robotics market was highly concentrated, with the top deal each quarter capturing between 49% and 100% of that quarter's total. Q3 2025 was the most extreme example, where Figure's $1 billion round was the only robotics deal announced that quarter.
This concentration reflects how humanoid robot companies like Figure and Apptronik are attracting outsized capital compared to warehouse robotics or surgical robotics startups. However, the number of deals outside humanoids has stayed consistent at 2-3 per quarter.
| Quarter | Number of deals | % by Top 1 | % by Top 3 | % by Top 10 |
|---|---|---|---|---|
| Q4 2024 | 3 | 49% | 100% | 100% |
| Q1 2025 | 2 | 87% | 100% | 100% |
| Q2 2025 | 3 | 49% | 100% | 100% |
| Q3 2025 | 1 | 100% | 100% | 100% |
| Q4 2025 | 3 | 53% | 100% | 100% |
| All quarters | 12 | 45% | 69% | 100% |
In our robotics market deck, we have designed useful charts to give you full market clarity
Which categories in the robotics market received the most funding?
Humanoid robots captured $1.4 billion (63% of all robotics funding) across just 3 rounds. This category is attracting massive bets because investors believe general-purpose humanoid robots could eventually replace human workers in many physical jobs.
Surgical robotics raised $325 million (14% of funding) across 2 deals. Both CMR Surgical and ForSight Robotics are in commercialization mode, funding clinical trials and regulatory pathways rather than early research.
Warehouse and logistics robots raised $261 million (12% of funding) but led with 4 deals. Investors are betting on specialized automation for specific jobs like picking, scanning, unloading, and robot-as-a-service deployments.
| Category name | Number of deals | Total raised ($) | Startups and amount |
|---|---|---|---|
| Humanoid robots (workforce) | 3 | $1,403M | Figure ($1,000M), Apptronik ($350M + $53M) |
| Surgical robotics | 2 | $325M | CMR Surgical ($200M+), ForSight Robotics ($125M) |
| Warehouse and logistics robots | 4 | $261M | Dexory ($165M), Pickle Robot ($50M), Tutor Intelligence ($34M), Brightpick ($12M) |
In our robotics market deck, we cover the latest tech updates shaping the market
Who are the biggest investors in the robotics market?
Eclipse led 2 major robotics deals, backing ForSight Robotics in surgical robotics and Mind Robotics in industrial automation, showing the firm's focus on physical AI and robotics across multiple categories.
B Capital co-led both Apptronik rounds, investing over $400 million in humanoid robots alongside Capital Factory and Google, making B Capital one of the largest backers of general-purpose humanoid robots.
Capital Factory participated in both Apptronik rounds as a co-lead investor, supporting the Austin-based humanoid robot company from Series A through its extension.
Google (Alphabet) invested in both Apptronik rounds, signaling the tech giant's interest in humanoid robots as a potential platform for AI applications in the physical world.
Disclaimer: this investor list may be incomplete; we focus on publicly disclosed lead and prominent recurring investors, so some frequent minority participants may be underrepresented. "Total funded" does not represent the amount personally invested by an individual investor. Instead, it refers to the aggregate amount raised across all fundraising rounds in which the investor participated.
| Investor | Number of deals | Total funded ($) | Startups |
|---|---|---|---|
| Eclipse | 2 | $240M | ForSight Robotics, Mind Robotics |
| B Capital | 2 | $403M | Apptronik (2 rounds) |
| Capital Factory | 2 | $403M | Apptronik (2 rounds) |
| 2 | $403M | Apptronik (2 rounds) |
In our robotics market deck, we track adoption trends and shifts in consumer behavior
Related blog posts
- What is the latest update in the robotics market?
- What are the latest news in the robotics market?
- What is the real market size of the robotics market?
- What are the latest funding news in the robotics market?
- What are the fundraising trends in the robotics market?
- All the funding deals for the robotics market
- Which startups have raised the most funding in the robotics market?
