Top Robotics Startups

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Contributor, Benzinga
November 10, 2022

Robotics is one of the most rapidly rising sectors. New robotic technology gets introduced into the market regularly now, making thousands of jobs easier and creating new markets and opportunities with new robotics companies. Here are 4 robotics startups you can invest in today through crowdfunding whether in existence now or as futures investments:

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Benzinga's Favorite - AvaWatz

AvaWatz is a decision-intelligence company charting a new frontier in collaborative air and ground robots it calls “Cobots.” Existing commercial robots (industrial robot) are created to perform single, independent functions while the AvaWatz platform was designed to power an extensive decision-intelligence network of "Cobots"  to tackle more complex, multi-step assignments requiring detection, response and real-time decision-making.

  • AvaWatz was an early entrant in the rapidly growing global Robot as a Service (RaaS) market, valued at $12.6B in 2020 and projected to reach $41B by 2028 with a CAGR of 15.9%.
  • The AvaWatz platform is fully prototyped and has undergone R&D with both the U.S. Air Force and the Department of Homeland Security, generating over $2 million in R&D revenue in just 2.5 years.
  • The underlying architecture of our robotics technology is easily scalable and can be extended to many other applications, both government and civilian.

Investors can learn more about AvaWatz, the current offering and see the business model through the company’s page on StartEngine.

Top Robotics Startups

Company NameCrowdfunding PlatformMinimum Investment
AvaWatzStartEngine$300.00
xCraft Enterprises, IncStartEngine$499.20
Atom LimbsWefunder$250.00
NecotechWefunder$100.00
Q

Is robotic industry profitable?

A

The robotic business is a multi-bullion dollar industry, so it is profitable. But it takes careful thought and planning to create a profitable company.

Q

Why do robotics startups fail?

A

The main reason that robotics startups fails is that the creator does not have a proper startup business plan or business model to help guide the business.

Q

What are the top five industries for robotic use?

A

The top five industries for robotic use are
arc welding, spot welding, materials handling, machine tending, and painting.

Paula Tudoran

About Paula Tudoran

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