4 ms·

Why don't we hear about billions thrown on robotics companies?

• jvanderbot 2y ago
  My honest answer from the "inside" is two things: 1) self-driving cars/trucks has dominated funding (now drones) for too long and 2) iRobot is barely getting by, spooking investors away from household robots. 10 years ago there were startup floor cleaners, warehouse robots, pool scrubbers, all making the news. Now people have tightened up their portfolios a little, I think, and those ideas get less funding behind DoD applications or self-driving stuff.
  • 082349872349872 2y ago
    note that self-driving is included within DoD applications
  • seydor 2y ago
    Which is weird because we wouldn't need to be driven much if we had capable robots
• modeless 2y ago
  Figure has raised $754 million with a $2.5B valuation.