卡斯卡迪亚RAAI季刊——2022年夏季

Market Trends & Capital Market Drivers| Summer 2022 Cascadia Connect RAAI Conference Recap Media & Coverage Overview Read and listen to conference coverage from leadingRAAI media outlets: The2022 Cascadia Connect Robotics, Automation andAI (“RAAI”) conference in Pittsburghwas a great successand established a strong foundation for ecosystemgrowth! As can be expected from an event of this caliber,there are many takeaways. Details Watch our panel and speaker videos: •Opening Remarks & Fireside Chat•The Supply Chain Revolution•The Future of Autonomy•Artificial Intelligence and Healthcare•The Smart Field, RAAI in Agriculture•Keynote Address from Dr. Matthew Johnson-Roberson The Fairmont Pittsburgh was the epicenter of the eventwhich took place from May 2-4, 2022. We werefortunate to have hosted this gathering in collaborationwith Carnegie Mellon University, Innovation Works, andthe Pittsburgh Robotics Network – all of whom havebeen instrumental in the region’s emergence as ahotbed of innovation to date and will continue to be keyresources for the greater RAAI community. 2022 Cascadia Connect by the Numbers... 330+RegisteredAttendees 25+Speakers andPanelists 10+Hours ofNetworking We named this conference “Connect” for a reason: tocreate connections among all of us in the RAAIecosystem that would start at the Conference andendure after. Connections are what will help ourecosystem grow and evolve, and it was our goal tocreate an environment that would spur active dialogueand high-value networking for everyone. Join Us Next Year! June 7 – 8, 2023Pittsburgh, Pennsylvania Cascadia Connect Key Takeaways & Highlights Launch of United States Alliance of RoboticsClusters Pittsburgh at an Inflection Point Keynote Speaker Dr. Matthew Johnson-Roberson The Pittsburgh Robotics Network, MassRobotics, andSilicon Valley Robotics announced the formation ofthe United States Alliance of Robotics Clusters asfounding members. The new alliance will advocatefor the growing robotics industry and seek to deliverthe following:•Increased collaboration and communication •Most early robotics development was behind thescenes, often at academic institutions, and theindustry has experienced a long arc to get to thecurrent state of high-profile solutions.•New robotics technologies need to focus on realworld milestones to avoid the hype cycles andinvestor disillusionment that has been witnessedwith self-driving cars.•Telling the story to investors is often asimportant as the technology. In the absence ofan investor community in your region, it isessential to take your story on the road to theright audience.•There is a clear need for advisors and seasonedinvestors to be involved in helping earlier stagecompanies hone their presentation materials andmessaging. •Out of region companies are increasingly seeingthe value and benefits of the local ecosystemand are setting up offices to invest in the marketand capitalize on the rich academic talent thatCMU and other educational institutions provide.•The Pittsburgh Robotics Network has launchedthePittsburg Robotics and Autonomous SystemClusterthat helps track this activity and regionalinvestment.•The Pittsburgh region has grown to over 7,000employees in over 100 robotics industryorganizations, with combined investment of over$3.4 billion.•Quality of life, immense opportunity, and valuecompared to U.S. coastal regions will continue todrive talent to the greater Pittsburgh area. across the U.S. robotics clusters•Enhanced support and success for stakeholdersand startups•Focused advocacy for the robotics and artificialintelligence industries Select Recent Pittsburgh-Based Transactions $150M Series B FundingApril 2022 Automate 2022 Recap Cascadia Near Term Market Predictions Focus on Deliverable Revenue Backlog Tightening Investment Market As the fundraising environment tightens, having adeliverable revenue backlog will be moreimportant than ever over the coming months. The best companies will continue to get funded inan investor flight to quality while companies withless revenue traction will struggle, potentiallyleading to increased consolidation. Cascadia Near Term Predictions (Cont’d) Benchmarking Your Business… Focus on Revenue Backlog Tightening Investment Market Revenue expectations for securingfunding are changing across theboard, but they are also dependenton the stage of the business. The first half of 2022 brought theonset of volatile public marketconditions as the U.S. economyenters recession territory andcontinues to struggle with a returnto pre-pandemic norms. Do you have a customer-ready solution?Companies that are in marketand have presentable revenue traction will fare better than developmentstage companies. As investors now sit in a favorable position,expectations of substantial contracted bookings or ARR are on the rise. Companies in growth stage need tofocus on actual deliverable revenueas opposed to simple contractedbacklog that requires additionaltec