US and Chinese robotics start-ups attract 75% of global funding, study finds

China and the United States accounted for 75 per cent of all venture capital investment in the robotics space over the past six years, allowing them to build a formidable lead in a crucial emerging industry, according to a study by the analytics firm GlobalData.

The scale of investment into US and Chinese robotics start-ups between 2018 and 2024 shows the two powers are “emerging as dominant forces” and “reinforcing their leadership in driving innovation, attracting investor interest, and shaping the future of automation and intelligent systems”, the London-based company said in a statement.