Venture capital has It has been flooding the various subverticals under the umbrella of robotics in recent years, and the construction space is one of the biggest beneficiaries.
Last November, we surveyed 13 of the leading VCs focused on robotics to discover which areas of robotics are most exciting in 2020. One of the most common areas of attention that respondents highlighted were startups focused on construction and manufacturing . In 2019 alone, the robotics space saw approximately 600 rounds of fundraising backed by companies, while construction companies successfully achieved approximately 200 rounds of companies.
With our 2020 Robotics + AI sessions event on the horizon at the beginning of March, we will dive back into the sector to learn about the construction attributes that most attract robotic VCs and what types of VC startups are actually writing checks in 2020. We asked 16 leading people who actively invest in construction robotics and work in companies that range from the initial stage to the growth stage to share what they are most passionate about and where they see opportunities in the sector:
- Rohit Sharma, True Ventures
- Matt Murphy, Menlo Ventures
- Grace Ge, Menlo Ventures
- Travis Connors, Building Ventures
- Saman Farid, Baidu Ventures
- Aaron Jacobson, New Enterprise Associates (NEA)
- Shaun Abrahamson, Urban Us
- Atin Batra, twenty-seven companies
- Ben Bayat, NextGen Venture Partners
- Andrew Ackerman, Dreamit Ventures
- Duncan Turner, SOSV and HAX
- Zach Aarons, MetaProp VC
- Niki Pezeshki, Felicis Ventures
- Avidan Ross, root companies
- Kia Nejatian, Plug & Play
- Miles Tabibian, Plug & Play
Rohit Sharma, True Ventures
True Ventures has been investing in industrial automation in general for more than 4 years and focusing on founders that bring technology to the market that eliminates repetitive manual labor and multiplies human productivity by automating routine tasks.