2025年垂直快照：机器人（英）2025

EMERGING TECH RESEARCH Vertical Snapshot:Robotics VC trends, industry overview, and market landscape REPORT PREVIEWThe full report is available through 2025 the PitchBook Platform. Published on September 12, 2025 Contents Executive summary3 Institutional Research Group Introduction4Robotics taxonomy5Robotics landscape9Robotics VC ecosystem market map10Industry drivers11Limitations and challenges13VC activity15M&A activity21Key players22Key deals24Recommended reading28 Analysis Ali JavaheriResearch Analyst, Emerging Spacesali.javaheri@pitchbook.com Data Harrison WaldockData Analyst pbinstitutionalresearch@pitchbook.com Publishing Report designed byMegan WoodardandAdriana Hansen Published on September 12, 2025 Executive summary •Structural growth drivers are accelerating adoption.Aging workforces in Japan, SouthKorea, and Europe are driving industrial and healthcare automation. Sovereignty initiativeshave channeled billions into domestic sensors, actuators, and motion systems. Reshoringand labor shortages are driving record robot density, which is currently at 162 robots per10,000 workers globally.1That number is as high as 470 in China and 295 in the US. Robotics-as-a-service offerings have expanded adoption from small and medium-size businesses viasubscription models. •Robotics investment is rebounding in 2025.Deal value surged in Q2 2025 to $8.8 billion, up170.5% QoQ and 263.2% in the trailing 12 months (TTM) across 221 deals, highlighting thereturn of mega-rounds and investor confidence in late-stage startups. •The market is set to grow.The global robotics market is projected to expand from $357 billionin 2025 to between $1.2 trillion and $1.5 trillion by 2030. •Defense robotics and autonomy software are the primary growth engines.Defense roboticshas attracted $6.7 billion across 138 deals in the TTM, while AI & autonomy platforms raised$1.3 billion across 51 deals (up 64% by value in the TTM). •Technology shifts are redefining capabilities.Advances in tactile sensing, mobilemanipulation, and AI-driven integration reduce costs and enable robots to operate in dynamic,unstructured environments. •Industrial robotics funding is consolidating.The segment drew in $4.9 billion across 145 dealsin the TTM, up 92.3% by value and down 5.2% in terms of volume. This shows that investors arebacking scale leaders in assembly, inspection, and material handling rather than new entrants. •Key risks remain.High integration and retrofitting costs limit robotics adoption beyond coreindustries. Additionally, the robotics talent pipeline is shrinking due to declining enrollment inSTEM programs. Safety standards are outdated, though an expansion of the ISO 10218 safetyframework is underway. Cybersecurity vulnerabilities are a risk to mobile and cloud-connectedsystems, and pushback from labor organizations and unions could slow manufacturingand logistics. •Consumer and healthcare robotics show selective momentum.Companion & social robots(up 25.8% by deal value in the TTM) and rehabilitation systems (up 421.1% by deal value) aregaining traction, while entertainment robotics and hospital logistics robots remain weak. •The outlook is asymmetric.Capital is consolidating among late-stage platforms. Defenseand autonomy software remain magnets for investment, and sovereign demand is creatingstructural tailwinds. Early-stage creation is constrained, but selective bets in underpenetratedverticals could yield asymmetric upside. •Agricultural robotics deal activity is muted.Only the food processing & packaging subsegmenthas shown growth (up 257% by value in the TTM), while deal activity for crop monitoringrobotics continues to contract. VC activity Venture capital activity in robotics has accelerated sharply so far in 2025, with deal values surgingeven as deal counts rise only modestly—evidence of larger financings and renewed investorconfidence in late-stage startups. This pattern underscores the sector’s maturation as investorsconcentrate capital into scaling companies and proven technologies rather than spreading betsbroadly across early-stage entrants. Quarterly and annual trends The breakout quarter was Q2 2025, when robotics startups raised $8.8 billion across 221 deals, a170.5% increase in value QoQ and a 13.9% QoQ increase in deal count. Compared with the samequarter in 2024, deal value jumped 263.2% while deal count rose 22.1%, highlighting how mega-rounds are driving activity. On a trailing 12-month (TTM) basis, deal value increased 104.6%, whiledeal count grew just 4.5%, confirming that the current recovery is fueled by bigger checks ratherthan more companies entering the pipeline. Annual data shows the cyclical arc of the sector. Robotics investment rose in 2021 to $12.1 billionacross 824 deals. It then contracted in 2022 ($9.1 billion across 788 deals) and 2023 ($9.6 billionacross 756 deals), before reaccelerating in 2024 to $12.5 billion invested across 741 deals. Already,as of mid-2025, the s