With 2.93 investors-to-idea ratio, Robotics takes a lead among emerging technolo

Started by devikad, Apr 23, 2021, 03:21 PM

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devikad

With 2.93 investors-to-idea ratio, Robotics takes a lead among emerging technologies in 2017



Robotics has emerged as the top technology beating AI (artificial intelligence) among all emerging technologies in terms of investors-to-idea ratio in 2017.

Among all the emerging tech companies globally, those working on robotics have witnessed the highest investor interest with a significant 2.93 investors-to-idea ratio (number of venture capital investors / number of funded companies/ideas) last year, according to GlobalData report.

Although Artificial Intelligence (AI) is ahead of all technologies in terms of volume terms, robotics has the edge over others in terms of investors-to-idea ratio. The rise in interest for robotics is also supported by the average deal value recorded in this segment, which is the second highest at $28 million compared to AI's $18 million.

Interestingly, blockchain has seen the lowest investor interest as well as the lowest average deal value among all technologies, with a 2.23 investors-to-idea ratio and $12 million respectively in 2017.

GlobalData's analysis noted a mixed result for connected devices & IoT segment, which stood atop the average deal value chart with $29.5 million, but slipped to third in terms of interest at a 2.62 investors-to-idea ratio.

Source: https://cio.economictimes.indiatimes.com/news/strategy-and-management/with-2-93-investors-to-idea-ratio-robotics-takes-a-lead-among-emerging-technologies-in-2017/63816010