Total technology industry robotics deals worth $2.73bn were announced globally for February 2021, with the $1bn acquisition of Innovyze being the sector’s biggest investment, according to GlobalData’s deals database.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
- Embed this chart
Embed this chart into your website
Copy and paste the image source into your website to display the chart.
The value marked a decrease of 72.6% over the previous month of $9.97bn and a rise of 88.3% when compared with the last 12-month average of $1.45bn.
In terms of number of robotics deals, the sector saw a drop of 32.00% with 34 deals in February 2021 when compared to the last 12-month average of 50 deals.
In value terms, North America led the activity with robotics deals worth $2.6bn in February 2021.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDatatechnology industry robotics deals in February 2021: Top deals
The top five robotics deals accounted for 82.5% of the overall value during February 2021.
The combined value of the top five robotics deals stood at $2.25bn, against the overall value of $2.73bn recorded for the month.
The top five technology industry robotics deals of February 2021 tracked by GlobalData were:
1) Autodesk’s $1bn acquisition of Innovyze
2) The $750m venture financing of UiPath by Alkeon Capital, Altimeter Capital Management, Coatue Management, Dragoneer Investment Group, IVP, Sequoia Capital VI and Tiger Global Management
3) Bain &Inc, ICONIQ Growth, Madrona Venture Group, OpenView Advisors, Salesforce Ventures, Sapphire Ventures, Shasta Ventures Management and Tiger Global Management’s $200m venture financing of Highspot
4) The $150m venture financing deal of Standard Cognition by Charles River Ventures, EQT Ventures Fund, SK Networks, SoftBank Vision Fund II and TI Platform Management
5) Bond Capital Partners (UK), Prologis Ventures, Scale Venture Partners and Tiger Global Management’s venture financing deal with Locus Robotics for $150m.
