Where top VCs are investing in construction robotics

Where top VCs are investing in construction robotics

With our 2020 Robotics + AI sessions event on the horizon in early March, we’re diving back into the sector to discover the characteristics of building and construction drawing in robotics VCs the most and which kinds of start-ups VCs are in fact writing checks for in 2020. We asked 16 leading people who actively invest in building and construction robotics and work at firms spanning early to growth-stage to share what’s amazing them most and where they see opportunity in the sector:

One of the most typical locations of attention participants highlighted were start-ups focused on building and construction and manufacturing. True Ventures has actually been investing in industrial automation broadly for over 4 years, focusing on founders who bring innovation to market that gets rid of repetitive manual labor and multiplies human efficiency by automating regular tasks.

Venture capital has been flooding the different subverticals under the robotics umbrella in current years, and the construction space is among the largest recipients.

Last November, we surveyed 13 of the top robotics-focused VCs to learn which areas of robotics are exciting them most entering into 2020. Among the most common locations of attention participants highlighted were start-ups concentrated on building and production. In 2019 alone, the robotics area saw roughly 600 venture-backed fundraising rounds, while building business successfully raised roughly 200 endeavor rounds.

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