2021-2025年机器人产业现状

2021-2025 The robotics industry is hitting an inflection point Companies arescaling rapidly Massive market tailwindsfueling investment growth 33%Market cap growth of USpublic robotics companies $20BInvestment into robotics thisyear, reaching an all-time high 6$250M+ acquisitions in2024 & 2025 24%Median revenue growth ofpublic robotics companies 3xGrowth in General PurposeRobotics, fueled by AI disruption New public robotics companiesworth $500M+ in 2024 & 2025 87%Enterprise value growth ofprivate robotics unicorns 2xGrowth in Defense robotics,fueled by government demand Investment in Robotics in 2025 has reached all-time highs Investment pace in 2025 is driven by Vertical and General Purpose Robotics All of the funding gains of the last 2 years have been for mega roundsof $50M+; early and mid-stage rounds are flat for the last 5 years Investments in Humanoids and Foundation Models have been the fastest growingsector of robotics, with a handful of companies raising significant capital in 2025 Humanoid companies are actively piloting and planning for scale-up Atlas entering production; 2026 deploymentscommitted to Hyundai and DeepMind. Converting Fremont lines to Optimus production.Gen 3 unveiled; targeting 1M units/yr. Digit moved 100K+ totes at GXO warehouse. Firsthumanoid at high-volume industrial throughput. Partnered with Jabil to manufacture Apolloat scale; DeepMind deploying AI integration. Home-focused humanoids deployed to factories,bridging residential and industrial via partner EQT. Vertical robotics is increasingly driven by Defense,with 6x growth over the last 2 years The AV market is concentrated amongst a few playersthat have raised significant capital Despite the significant capital, Waymo is the only AV providerin the West with meaningful deployments Private unicorn value skyrocketed this year, with General Purpose Roboticsand Defense becoming the highest valued segments Along with the excitement, there have been several high-profile shutdowns in 2025,several of which were focused on agriculture The lack of exits the last two years has been an industry headwind M&A is slowly recovering with Defense driving many of the recent exits Public market Robotics companies have seen strong stock performancein the last 12 months China’s public market Robotics companies have seen even strongermarket performance Where is the Robotics market headed? Defense takes off Technology disruption Modern defense strategies arebeing transformed by investmentinto autonomous systems Rise of the mega-rounds Success is uneven Investor appetite for massive roundsfueled by proof points ofcommercial scale, often coupled State of Robotics team Learnmore about F-Prime F-PrimeReports & ResearchState of Robotics Betsy MuléPrincipal Emailstateofrobotics@fprimecapital.com Sanjay AggarwalVenture Partner About F-Prime We create and invest in healthcare and technology companies that impact lives all over the world. We have over370 companies in our portfolio including 23 that we started. Our global portfolio is spread across the US, Europe, and Asia. F-Prime Tech partnership Gaurav TuliPartner Rocio WuPartner David JegenManaging Partner Shervin GhaemmaghamiOperating Partner Sanjay AggarwalVenture Partner Ben GormanPrincipal Betsy MuléPrincipal Chance MathisenAssociate Sarah LamontSenior Associate Abdul AbdirahmanPrincipal Liam ManiscalcoAssociate Jillian EnosVP, Finance Tenzin JampaData Scientist Kendra RyanEcosystem Network Director