FCF Fox Company Finance GmbH is happy to publish the “Robotics Enterprise Capital Report – 2021”.
The report is a part of the “FCF DeepTech Sequence”, which is a quarterly collection of stories monitoring European enterprise capital funding tendencies inside 4 major DeepTech verticals.
Primary findings are:
- The robotic sector matures: After a number of yr of development – quantity and variety of offers – the robotic sectors exhibits indicators of maturing. A stagnating variety of offers (on a excessive degree of 100 deal p.a. since 2018) sees a rising quantity of investments – €1.1bn within the first 9 month of 2021 in comparison with €106m in 2017. That is partly pushed by mega offers – CRM Surgical with €497m and Agile Robots with €184m – however the common and median deal-size is growing. However specifically the kind of deal and investor class is altering: In 2017 66% of all offers have been very early stage offers (accelerator and seed offers), in 2021 the sort of offers I solely 26%. The overwhelming a part of offers are actually classical enterprise rounds, up from 26% in 2017 to 67% in 2021. This underlines the pattern of robotic firms leaving the „storage section“ behind and getting into commercialisation
- Medical robotics receives the best funding volumes – however solely seemingly as a consequence of one mega deal: With 40% of whole VC-investment quantity of €3bn for the interval of 2017-Q3 2021 medical robotics appears to dominate the robotics sector. However that is solely as a result of investments in a single particular firm – CMR surgical, a supplier of surgical procedure robots – receiving a complete of €860m in four rounds. Adjusting for that outlier, medical robotics represents solely 14% (€291m) of the entire quantity, being overtaken by extra classical robotic segments equivalent to industrials robotics (€791m) or robotic enablers (element and software program supplier – €546m) and is extra within the league of drones (€237m)
- UK start-ups obtain the best funding volumes – however solely seemingly as a consequence of one outlier: With VC investments of €1.3bn for the interval of 2017-Q3 2021 the UK leads the nation rating. Nonetheless, CMR Surgical alone accounts for €860m and outlier Spywai for one more €76m. Adjusted for these outliers, UK (€365m) is consistent with France (€538m, adjusted for outliers €407m) and Germany (€508m, adjusted for outliers €324). Taking into consideration that 61% of offers in UK publish the deal quantity (France 52%) whereas in Germany solely 34% accomplish that, outcomes right into a considerably greater undisclosed quantity for Germany and subsequently an subsequently an understated quantity in comparison with the precise funding quantity in Germany.
To entry the total report, please click on right here.
By Florian Theyermann and Mathias Übler